Migros Ticaret stock adds 97 stores as shares fall 2.35 percent

Migros Ticaret (ISIN TREMGTI00012) had 3,827 stores on September 30, 2026, up 97 from a year earlier. The stock was last at TRY 499 on Borsa Istanbul on October 7, 2026, down 2.35 percent from TRY 511.

Store network reaches 3,827

Migros opened 13 stores in September, including seven Migros locations and six Macrocenter sites, according to Hibya on October 6, 2026.

The company said its total net sales area reached 2.105 million square meters, 2 percent above September 30, 2025. The store count therefore expanded while the latest quarterly earnings pointed to tighter profitability.

Revenue grows as profit turns negative

In Q2 2026, revenue rose 2.7 percent year over year to TRY 124.40 billion from TRY 121.14 billion, while net income fell from TRY 371.3 million to a TRY 699.0 million loss, FKRadar reported.

The comparison matters because sales growth did not translate into bottom-line growth during the quarter. The same source places the stock's net profit margin at 1.50 percent and its trailing P/E ratio at 14.37 as of June 30, 2026.

Consensus target stands at TRY 911.69

Analyst expectations remain materially above the latest share price. Yatirimci AI listed 26 brokers on September 10, 2026, with 23 Buy, 0 Hold and 0 Sell ratings; the average target was TRY 911.69, the median TRY 895.70, the high TRY 1,095.00 and the low TRY 725.00.

Using the October 7 price of TRY 499, the average target lies 82.7 percent above the price. Simply Wall St lists November 5, 2026 as the next Q3 reporting date, making margin recovery the key numerical checkpoint.

Stock trades below its yearly high

Migros Ticaret was last at TRY 499 on Borsa Istanbul on October 7, 2026 at 6:09 p.m. TRT. Its 52-week range was TRY 421.25 to TRY 727, and market capitalization stood at TRY 88.9 billion.

Upcoming dates for Migros Ticaret stock

• November 5, 2026: Q3 2026 results

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