Basic-Fit stock falls 0.97 percent as KBC keeps target

Published on 10/03/2026 at 21:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Basic-Fit stock was last at EUR 28.48 on October 2, 2026, while KBC Securities kept its EUR 39.00 target. H1 revenue rose 18 percent.

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Basic-Fit stock (ISIN NL0011872650) was last at EUR 28.48 on Euronext Amsterdam on October 2, 2026, down 0.97 percent from EUR 28.76. The immediate market reference is a KBC Securities rating that kept its Buy recommendation and EUR 39.00 price target ahead of Basic-Fit's third-quarter update, as IEX reported on October 2, 2026.

Target stays above the share price

The KBC target lies 37.0 percent above the October 2 price. That gap gives the rating a concrete valuation reference, while the stock remains within its 52-week range of EUR 22.84 to EUR 36.70.

Basic-Fit's next reported checkpoint is the Q3 2026 revenue release scheduled for October 21, 2026, according to Ideal Investisseur. The date matters because the analyst view was explicitly framed around that update.

H1 growth supports the guidance

Basic-Fit's first half of 2026 produced EUR 800 million in revenue, up 18 percent year over year, while underlying EBITDA less rent rose 36 percent to EUR 204 million, according to Yahoo Finance on the July 28, 2026 earnings call. Net profit reached EUR 24 million, compared with a EUR 8 million loss in the first half of 2025.

Management raised its underlying EBITDA less rent guidance to EUR 430 million to EUR 460 million from EUR 415 million to EUR 455 million, while keeping revenue guidance at EUR 1.64 billion to EUR 1.69 billion, the transcript said. The comparison shifts attention from club expansion alone to operating leverage and cash generation.

Expansion adds 26 clubs

Basic-Fit agreed on September 10, 2026, to acquire 26 clubs in Germany and Austria, with completion expected in the fourth quarter, according to FinanzNachrichten. The deal would expand the Austrian owned-club footprint from 33 to 51 and the German footprint from 114 to 122 clubs.

Basic-Fit stock was last at EUR 28.48 on Euronext Amsterdam on October 2, 2026, at 5:35 p.m. CEST. Its market capitalization was EUR 1.9 billion, with volume of 262,889 shares and a 52-week range of EUR 22.84 to EUR 36.70.