Wienerberger's 47% Slide Draws Two Cautious Analysts and a Fresh UBS Disclosure
Published on 10/26/2026 at 21:20 | Editorial boerse-global.de
Vienna — There is no buyer's case on Wienerberger among the analysts currently covering the Austrian brickmaker. On Field Investment Research holds a neutral stance. UBS has a sell rating. Neither house recommends the stock, and both have just cut their price targets following the company's profit warning.
On Field trimmed its objective to EUR 20.0 from EUR 33.0 on Thursday while reaffirming its neutral call, according to media reports. UBS pointed to lower estimates after the warning as the driver behind its own reduction, without disclosing the new figure. The two houses have thus converged on caution while keeping their recommendations unchanged — a repricing of the yardstick rather than a shift in stance.
The stock traded at EUR 16.22 on Friday, up 0.5% on the day. Since the start of the year it has lost 47%.
Should investors sell immediately? Or is it worth buying Wienerberger?
Guidance Cut on Weak Demand and Rising Input Costs
Wienerberger blamed persistently soft demand and higher costs when it lowered its full-year outlook. Residential newbuild in the UK and North America has been hit hardest, and energy, raw materials and logistics costs have climbed sharply since the end of August.
For the full year 2026 the company expects operating EBITDA of EUR 640–650 million. For the third quarter of 2026 it guided to revenue of roughly EUR 1.2–1.3 billion and operating EBITDA of about EUR 170–180 million. Those are the expectations published alongside the guidance cut, not reported quarterly results. A further update on the strategic review and accelerated cost-optimisation programme is scheduled for a later date.
UBS Reports 4.49% Voting Position
Separately, the Swiss bank disclosed a changed voting-rights position in the Austrian group. Its total holding stood at 4.49% of voting rights on 20 October, the day the threshold was crossed, according to a notice published on Friday. Financial instruments account for the bulk of the position: just 0.88% of voting rights are held through direct shares, while 3.61% are represented by instruments.
Management Change at the UK Arm
Wienerberger UK & Ireland has named Simon Nevitt as Chief Operating Officer effective 1 November 2026. He succeeds Keith Barker, who is retiring as planned.
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Wienerberger Stock: New Analysis - 26 October
Fresh Wienerberger information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
