Nemetschek gets UBS Sell call, shares stay near target range

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 10:05.

Nemetschek (DE0006452907) sits under fresh analyst scrutiny after UBS reiterated a Sell rating and a 56 euro price target in a new research note dated June 29, 2026, while the shares trade close to that level on Xetra and Stuttgart, according to MarketScreener and finanzen.net.

What UBS is signaling

UBS analyst Michael Briest confirmed his Sell stance on Nemetschek in a note published June 29, 2026, maintaining a 56 euro target price for the German software group, as reported by MarketScreener. MarketScreener report on the UBS rating

The report highlights Nemetschek’s exposure to building information modeling and construction software, areas where valuation multiples have expanded markedly versus historical averages, which supports a cautious view on upside at current levels. MarketScreener company profile and valuation data

How Nemetschek compares with peers

Nemetschek competes globally with software names such as Autodesk and Dassault Systèmes in design and construction software, and trades in Germany on venues including Xetra and Stuttgart, according to Deutsche Börse and finanzen.net. Deutsche Börse listing overview

Aggregator data on MarketScreener show that, ahead of the UBS note, Nemetschek carried a mix of Buy, Hold and Sell recommendations, with an average target in the mid-50-euro range, implying limited upside from recent trading levels and underscoring the valuation debate around the stock. MarketScreener consensus overview

The software behind the stock

Nemetschek generates most of its revenue with architecture, engineering and construction software suites such as Allplan, which support building information modeling workflows for planners, engineers and contractors across the full lifecycle of construction projects.

Where the shares trade today

The Nemetschek shares (DE0006452907) most recently traded on Stuttgart at 52.95 euros as of 2026-06-29, 09:55, while the Xetra listing showed a last available price in a similar low-50-euro range on Deutsche Börse data.

This article is for informational purposes only and does not constitute investment advice, an offer or solicitation to buy or sell any financial instrument. Figures and dates are based on publicly available sources believed to be reliable but are not guaranteed for accuracy or completeness.