Bernstein keeps Krones stock at Market Perform before results

Published on 10/19/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein sets a EUR 111.00 target for Krones stock. It costs EUR 111.80 on October 19, 2026, 0.71 percent below the EUR 112.60 Xetra close.

Results and valuation signals

Bernstein assigned Market Perform and a EUR 111.00 target on October 19, 2026.
Krones reported EUR 1.34 billion in second-quarter revenue and EUR 2.23 adjusted earnings per share on July 29, 2026.
Krones stock trades at EUR 111.80 at 9:46 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.71 percent below the Xetra close of October 16, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Zahnrad und Metallflasche auf dunklem Holztisch — Flatlay-Komposition für Krones AG DE0006335003 zeigt Aktienzertifikat, ISIN-Karte, Zahnrad und Metallflasche auf dunklem Holztisch arrangiert, Illustration mit AI erstellt.

Krones stock (ISIN DE0006335003) was trading at EUR 111.80 at Lang & Schwarz at 9:46 a.m. CEST on October 19, 2026, 0.71 percent below the Xetra close of October 16, 2026. Bernstein Research kept its Market Perform rating and EUR 111.00 price target ahead of the company's next quarterly report, according to Boersen-Zeitung on October 19, 2026.

Analyst caution meets operating growth

Bernstein analyst Benjamin Thielmann expects a weak quarter because order growth has slowed. His earnings-per-share estimate is 6.00 percent below the analyst consensus, while his revenue and order-intake forecasts are broadly in line with expectations, Boersen-Zeitung reported.

The latest reported quarter gives investors a firmer operating reference. Krones generated EUR 1.34 billion in revenue in the second quarter of 2026, up 1.47 percent from EUR 1.32 billion a year earlier, while earnings per share increased to EUR 2.23 from EUR 2.21, according to Finanzen on October 13, 2026.

Three events shape the picture

On July 29, 2026, Krones reported second-quarter revenue of EUR 1.34 billion and earnings per share of EUR 2.23, according to Finanzen. On October 15, 2026, an insider-related entity bought 5,200 Krones shares, according to Stock Analysis. On October 19, 2026, Bernstein maintained Market Perform with a EUR 111.00 target, according to Boersen-Zeitung.

Which dates matter next?

Krones is scheduled to publish its third-quarter 2026 results on November 6, 2026, according to RTTNews. The annual meeting is listed for June 15, 2027, in the company calendar cited by Boersengefluester.

Stock price stays near the target

The EUR 111.00 analyst target is 0.72 percent below the Lang & Schwarz price of EUR 111.80, a narrow gap that leaves the upcoming report as the next clear test of demand and profitability. Krones' second-quarter growth was positive, but Bernstein's warning places order intake and earnings delivery at the center of the November assessment. Krones stock was trading at EUR 111.80 at Lang & Schwarz on October 19, 2026, at 9:46 a.m. CEST, 0.71 percent below the Xetra close of October 16, 2026 at EUR 112.60. The further course of trading is shown by the continuously updated real-time quote of Krones stock.