Bank of America cuts its stake in Scout24 stock to 4.54 percent

Published on 10/21/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scout24 stock costs EUR 80.90 on October 21, 2026, 0.49 percent below the Xetra close. Results for nine months are due November 4, 2026.

Ownership and operating milestones

Bank of America reduced its Scout24 position from 7.13 percent to 4.54 percent on October 21, 2026.
Scout24 reported EUR 372.20 million in first-half 2026 revenue and EUR 223.90 million in ordinary operating EBITDA.
Scout24 stock trades at EUR 80.90 at 9:48 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.49 percent below the Xetra close of October 20, 2026.

Geometrisches Bauhaus-Poster mit Häusersilhouetten und dem Schriftzug PROPTECH — Das Bauhaus-Poster mit PROPTECH fasst das digitale Immobiliengeschäft von Scout24 SE (DE000A12DM80) zusammen, Illustration mit AI erstellt.

Scout24 (ISIN DE000A12DM80) was trading at EUR 80.90 at Lang & Schwarz on October 21, 2026 at 9:48 a.m. CEST, 0.49 percent below the Xetra close of October 20, 2026 at EUR 81.30. A voting-rights notice cited by Börse Express on October 21, 2026 showed Bank of America reducing its total Scout24 position from 7.13 percent to 4.54 percent.

Ownership change sets the tone

The notice covers voting rights and instruments, so the change does not by itself prove that Bank of America sold only directly held shares. The market report also did not establish a causal link between the ownership disclosure and the stock price.

Scout24's operating backdrop remains measurable. The company reported first-half 2026 revenue of EUR 372.20 million, up 17.00 percent from EUR 318.20 million in first-half 2025, while ordinary operating EBITDA increased 14.60 percent to EUR 223.90 million. The figures were carried by Scout24 in its investor-relations materials.

What do analysts expect next?

Goldman Sachs cut its Scout24 target from EUR 108.00 to EUR 101.00 on October 9, 2026, while retaining a Buy rating, according to wallstreetONLINE. The analysts projected 11.00 percent growth for the private-subscriber business against an 8.00 percent consensus estimate and identified commercial-customer growth as a key risk for the quarter.

Three Scout24 milestones

On October 2, 2026, Bernstein maintained a Buy rating and set a EUR 90.00 target, as reported by Markets Insider. On October 9, 2026, Goldman Sachs lowered its target to EUR 101.00. On October 21, 2026, the Bank of America disclosure put the total position at 4.54 percent.

Next date is November 4

Scout24 lists November 4, 2026 for its nine-month and third-quarter 2026 interim report and analyst conference call. That release will test whether private-subscriber growth is tracking the 11.00 percent Goldman Sachs expectation and how commercial demand developed.

Stock stays below its yearly high

At EUR 80.90, Scout24 is 21.61 percent below its 52-week high of EUR 103.20 and above its 52-week low of EUR 62.70, based on the October 21, 2026 market snapshot. For investors, the ownership change and the November reporting date create two separate reference points for judging the next operating update.

The further course of trading is shown by the continuously updated real-time quote of Scout24 stock.