SMBC Nikko raises target for Ube stock to JPY 3,400
Published on 10/14/2026 at 06:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings outlook
- SMBC Nikko lifted its UBE target from JPY 3,200.00 to JPY 3,400.00 on October 2, 2026.
- UBE guided to JPY 23.5 billion in operating profit for fiscal 2027, up 24.1 percent.
- UBE stock stood at JPY 3,372.00 on Tokyo Stock Exchange on October 14, 2026.
- Fiscal 2026 revenue was JPY 462.3 billion, down 5.0 percent year over year.
Ube Corporation (ISIN JP3936000003) received a higher JPY 3,400.00 price target on October 2, 2026, when SMBC Nikko lifted its target from JPY 3,200.00 and kept its neutral rating, according to Minkabu. The change places the analyst target 0.83 percent above UBE's JPY 3,372.00 Tokyo Stock Exchange price on October 14, 2026.
Target rises as portfolio changes
The target revision came alongside a stronger fiscal 2027 operating outlook. UBE's forecast calls for JPY 23.5 billion in operating profit, an increase of 24.1 percent from JPY 18.9 billion in fiscal 2026, according to Investalk.
The same forecast puts fiscal 2027 revenue at JPY 485.0 billion, up 4.9 percent from JPY 462.3 billion in fiscal 2026. Specialty products and high-performance urethanes are expected to support growth, while the chemicals and plastics business is projected to decline by 3.9 percent in revenue.
What does the target change quantify?
SMBC Nikko's JPY 200.00 increase is modest against the company's operating forecast, but it raises the market benchmark above the current quote. The rating remains neutral, so the target change describes improved valuation potential rather than a bullish recommendation.
Three dated operating markers
On May 13, 2026, UBE reported fiscal 2026 revenue of JPY 462.3 billion, down 5.0 percent, while operating profit rose 5.0 percent to JPY 18.9 billion, according to Investalk. On August 7, 2026, first-quarter fiscal 2027 revenue reached JPY 121.896 billion, up 21.3 percent year over year, while operating profit rose 88.6 percent to JPY 5.553 billion, according to note.com. The October 2 target revision is the latest of the three markers.
Stock remains below yearly high
UBE stock stood at JPY 3,372.00 on Tokyo Stock Exchange on October 14, 2026 at 1:21 p.m. JST. The quote was 9.18 percent below the JPY 3,713.00 52-week high and 54.17 percent above the JPY 2,185.50 52-week low. Its market capitalization was JPY 327.6 billion at the same timestamp.
Market context: Market report Nikkei 225.
UBE stock facts
- Company: UBE Corporation
- ISIN: JP3936000003
- Ticker: 4208
- Primary exchange: Tokyo Stock Exchange
- Price Tokyo Stock Exchange (as of October 14, 2026, 1:21 p.m. JST): JPY 3,372.00
- Market capitalization: JPY 327.6 billion (as of October 14, 2026)
- 52-week range: JPY 2,185.50-JPY 3,713.00 (as of October 14, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
