Deutsche Bank raises target for Neste stock from EUR 33 to EUR 35

Published on 10/20/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank expects EUR 5.58 billion revenue for October 29. Neste stock costs EUR 31.80 on October 20, 2026, 0.19 percent below the Xetra close.

Analyst view and reporting date

Deutsche Bank lifted its Neste target from EUR 33.00 to EUR 35.00 on October 16, 2026.
The bank expects EUR 5.58 billion revenue for the October 29, 2026 report.
Neste stock trades at EUR 31.80 at 12:35 p.m. CEST at Lang & Schwarz on October 20, 2026, 0.19 percent below the Xetra close of October 19, 2026.

Isometrisches 3D-Diagramm der Wertschöpfungskette von Rohstoffsammlung bis Kraftstoffdistribution — Neste Oyj FI0009013296 illustriert eine isometrische Wertschöpfungskette von Rohstoffsammlung bis zur fertigen Kraftstoffverteilung, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) was trading at EUR 31.80 at Lang & Schwarz on October 20, 2026, at 12:35 p.m. CEST. MarketScreener reported on October 16, 2026, that Deutsche Bank raised its target for Neste from EUR 33.00 to EUR 35.00 while reiterating its hold rating.

Target rises before October report

Deutsche Bank expects EUR 5.58 billion revenue for the report due on October 29, 2026, up 23 percent year over year. Its comparable EBITDA forecast is EUR 1.14 billion, up 115 percent, with recovering renewable-products margins and stronger refining margins supporting the estimate.

The same assessment identifies two counterweights: less favorable hedges and lower production after the Porvoo refinery shutdown. That combination makes the next report a test of whether margin recovery can offset operational pressure.

Three milestones shape the setup

On October 7, 2026, Danske Bank raised its target from EUR 37.00 to EUR 38.00. On October 8, 2026, JPMorgan raised its target from EUR 26.00 to EUR 30.00. On October 16, 2026, Deutsche Bank raised its target from EUR 33.00 to EUR 35.00, according to MarketScreener.

What does the target mean for valuation?

The EUR 35.00 target is EUR 3.20 above the Lang & Schwarz price, a gap of 10.06 percent based on the current quote. The market capitalization was EUR 24.4 billion on October 20, 2026, while the 52-week range was EUR 15.96 to EUR 35.94.

Dates set the next test

Affarsvarlden lists the next interim report for October 29, 2026 and the annual report for February 10, 2027.

Stock stays below the analyst target

Neste is a Finland-based producer of renewable diesel, sustainable aviation fuel and conventional oil products, according to the company's investor information. The current quote sits below the Deutsche Bank target but within the 52-week range, leaving the October report as the next concrete valuation test.

Neste was trading at EUR 31.80 at Lang & Schwarz on October 20, 2026, at 12:35 p.m. CEST, minus 0.19 percent versus the Xetra close of October 19, 2026 at EUR 31.86. The further course of trading is shown by the continuously updated real-time quote of Neste stock.