Acerinox stock: JP Morgan lifts target to EUR 20.20 for Acerinox stock

Published on 10/21/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Acerinox reports third-quarter results on October 30, 2026. Acerinox stock costs EUR 17.03 on October 21, 2026, up 1.67 percent versus the Xetra close.

Analyst and reporting date

JP Morgan lifted its Acerinox target from EUR 16.10 to EUR 20.20 on October 15, 2026.
Acerinox will publish third-quarter 2026 results on October 30, 2026.
Acerinox stock costs EUR 17.03 at Lang & Schwarz on October 21, 2026 at 4:59 p.m. CEST, 1.67 percent above the Xetra close of October 20, 2026.

Schwarzweiß-Aufnahme von Arbeitern bei der Kontrolle frisch gewalzter Stahlplatten — Schwarzweiß-Reportagefoto von Stahlarbeitern bei Acerinox S.A. (ISIN ES0132105018) inspiziert frisch gewalzte Edelstahlplatten, Illustration mit AI erstellt.

Acerinox (ISIN ES0132105018) is facing a higher valuation yardstick after JP Morgan lifted its price target from EUR 16.10 to EUR 20.20 on October 15, 2026, while keeping a neutral recommendation, according to Estrategias de Inversión. The new target is 18.61 percent above the Lang & Schwarz price. Acerinox was trading at EUR 17.03 at Lang & Schwarz on October 21, 2026 at 4:59 p.m. CEST, up 1.67 percent versus the Xetra close of October 20, 2026.

The target gap is measurable

JP Morgan's change adds EUR 4.10 to its earlier target and places the new valuation above the current euro quotation. The move matters because the previous EUR 16.10 target was below the share price cited in the October 15 report, while the new target implies a defined distance from the latest German-market quotation.

Stock remains below its yearly high

The Acerinox price stood 8.34 percent below its 52-week high of EUR 18.58 and 54.31 percent above its 52-week low of EUR 11.03 on October 21, 2026. The company had a market capitalization of EUR 4.2 billion, and its trading volume was 224,355 shares at 4:46 p.m. CEST, according to the latest market snapshot. The 52-week range, market capitalization and volume are dated market figures rather than operating results.

Valuation and October 30 results

Acerinox carried a P/E ratio of 50.00 and a dividend yield of 0.04 percent on October 21, 2026. Its next scheduled corporate date is October 30, 2026, when the company plans to publish third-quarter 2026 results before the Madrid Stock Exchange opens, according to Acerinox.

Comparison with peers

As of October 21, 2026, Acerinox stood at plus 1.67 percent, with a P/E ratio of 50.00 and a market capitalization of EUR 4.2 billion. Outokumpu (Helsinki, EUR) was down 0.58 percent, with a P/E ratio of minus 27.33 and a market capitalization of EUR 2.3 billion. Aperam (Amsterdam, EUR) was down 0.05 percent, with a P/E ratio of 21.55 and a market capitalization of EUR 2.7 billion.

The next test is October 30

The upcoming results will give investors a fresh operating reference after the first-half figures and may help determine whether the higher analyst target is supported by earnings momentum. For now, the market picture combines a target increase with a share price below the annual high.

The further course of trading is shown by the continuously updated real-time quote of Acerinox stock.