Belimo stock gained 1.83 percent as H1 growth stayed strong

Published on 10/04/2026 at 19:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Belimo stock is tied to first-half sales of CHF 676 million and EBIT of CHF 153 million in 2026. Data centers supplied 23-24 percent of revenue, while the analyst average target is CHF 1,019.90.

Editorielle Aufnahme eines Börsenhandelsraums mit Kurscharts der Schweizer Börse — Belimo Holding AG (ISIN CH1101098163): Börsen-Editorial zeigt Trading-Floor mit Charts der SIX Swiss Exchange, Illustration mit AI erstellt.

Belimo stock (ISIN CH1101098163) was last at CHF 807.00 on SIX on October 2, 2026, up 1.83 percent from the prior close. The move followed first-half 2026 sales of CHF 676 million, up 20.5 percent in Swiss francs, while EBIT reached CHF 153 million, according to Yahoo Finance on July 20, 2026.

Sales growth reaches 20.5 percent

The H1 result gives Belimo a clear operating anchor: sales grew 20.5 percent in Swiss francs and more than 29 percent in local currency. EBIT increased 19 percent to CHF 153 million, producing an EBIT margin of 22.5 percent, according to Yahoo Finance.

Data centers accounted for 23-24 percent of first-half revenue, compared with 18 percent in the second half of 2025. The Americas generated CHF 341 million of first-half sales, while Asia-Pacific sales reached CHF 95 million, according to Yahoo Finance.

Data centers drive the next phase

Belimo's exposure to data-center cooling is the central growth variable. Control valves grew 37 percent in Swiss francs during the half-year, and management said data-center deployment should support further second-half growth, although project execution can delay the timing of sales, according to Yahoo Finance.

The counter-factor is visibility. Management withdrew quantitative full-year revenue guidance because the timing of data-center deployments remains difficult to quantify, while still expecting strong second-half demand and an EBIT margin above 20 percent, according to Yahoo Finance.

Analyst target stays above CHF 1,000

The analyst picture remains constructive but valuation-sensitive. MarketScreener lists an Outperform consensus from 10 analysts and an average target of CHF 1,019.90, while Investing.com lists six Buy ratings, four Holds and no Sells with an average target of CHF 1,008.90, both based on pages updated in September 2026.

Investing.com also reports that Morgan Stanley maintained a Buy rating and a CHF 1,130.00 target on September 3, 2026. The target is materially above the October 2 price, but the share remains exposed to project timing, foreign-exchange effects and the high investment needed for capacity expansion.

Belimo stock holds above CHF 800

Belimo stock was last at CHF 807.00 on SIX on October 2, 2026, with a session range of CHF 799.00 to CHF 814.00 and a 52-week range of CHF 608.50 to CHF 969.50. Market capitalization stood at CHF 9.9 billion and trading volume reached 17,191 shares.