Berenberg kept EUR 115 target for Nemetschek stock

Published on 10/13/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.00 percent to EUR 327.66 million. Nemetschek stock costs EUR 70.48 on October 13, 2026 versus EUR 70.15.

Key points in brief

Berenberg kept its Buy rating and EUR 115.00 price target for Nemetschek in a September 2026 strategy study.
Second-quarter 2026 revenue rose 13.00 percent to EUR 327.66 million, while first-half revenue reached EUR 640.7 million.
Nemetschek stock was at EUR 70.48 at Lang & Schwarz on October 13, 2026, up 0.47 percent versus the EUR 70.15 Xetra close of October 12, 2026.
The next reporting date listed by Nemetschek is November 5, 2026, for the third-quarter update.

Flatlay mit Aktienzertifikat, ISIN-Karte, Zirkel, Lineal und Gebäudemodell — Nemetschek SE ISIN DE0006452907: Flatlay-Anordnung aus Aktienzertifikat, ISIN-Karte, Zirkel und kleinem Gebäudemodell, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) was at EUR 70.48 at Lang & Schwarz on October 13, 2026 at 9:11 a.m. CEST, up EUR 0.33 or 0.47 percent versus the Xetra close of October 12, 2026 at EUR 70.15. The latest analyst milestone came from Berenberg, which kept its Buy rating and EUR 115.00 price target in a strategy study dated September 24, 2026.

Three dated signals shape the story

On July 30, 2026, Investing.com reported that first-half revenue rose 11.90 percent to EUR 640.7 million and recurring revenue reached 95.00 percent of sales.

On September 23, 2026, FinanzNachrichten reported that Jefferies raised its target from EUR 70.00 to EUR 72.00 and retained its Buy rating. On September 25, 2026, FinanzNachrichten reported Berenberg's EUR 115.00 target and Buy rating.

What does the target gap mean?

At EUR 70.48, the stock stood 38.71 percent below Berenberg's EUR 115.00 target. That comparison is materially wider than the gap to Jefferies' EUR 72.00 target, which stood 2.16 percent above the Lang & Schwarz price.

The operating backdrop is more concrete than the target spread alone. Second-quarter 2026 revenue reached EUR 327.66 million, up 13.00 percent from EUR 290.03 million in the prior-year quarter, while net income rose to EUR 66.04 million from EUR 52.82 million, according to the standardized financial statement for the period.

Next reporting date is November 5

Nemetschek's investor-relations calendar lists November 5, 2026, for publication of its third-quarter report. The company's investor-relations page also identifies the group as a provider of software and artificial-intelligence solutions for the architecture, engineering, construction and media industries, with 2025 revenue of EUR 1.19 billion and EBITDA of EUR 371.1 million, both historical fiscal-year figures.

Stock remains below its yearly high

The primary-market context is a 52-week range of EUR 50.45 to EUR 108.30 as of October 12, 2026. The EUR 8.1 billion market capitalization and the position below the yearly high leave the analyst targets as the clearest valuation reference in the current setup.

At Lang & Schwarz, Nemetschek was trading at EUR 70.48 on October 13, 2026 at 9:11 a.m. CEST, up 0.47 percent versus the Xetra close of October 12, 2026 at EUR 70.15. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.