Bestinver upgrades Fluidra stock from Hold to Buy

Published on 10/07/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 2026 sales rose 4.90 percent to EUR 1.26 billion. Fluidra stock costs EUR 17.24 on October 7, 2026 versus EUR 17.42, down 1.03 percent.

Technikraum mit Poolpumpen und Sandfiltern in einer Anlage — Fotorealistischer Technikraum mit Poolpumpen und Filtern symbolisiert die Ausrüstung von Fluidra S.A., ISIN ES0137650018, Illustration mit AI erstellt.

Fluidra stock (ISIN ES0137650018) was trading at EUR 17.24 at Lang & Schwarz on October 7, 2026 at 1:41 p.m. CEST, down 1.03 percent versus the prior close of EUR 17.42. The latest analyst action came on September 23, 2026, when Bestinver Securities upgraded Fluidra from Hold to Buy, according to Fintel.

Analyst upgrade meets operating growth

The rating change followed Fluidra's first-half operating update, which gives the stock a more concrete earnings backdrop than the recommendation alone. According to Investing.com, sales in the first half of 2026 reached EUR 1.26 billion, up 4.90 percent from the comparable period.

Adjusted EBITDA rose 5.70 percent to EUR 321.00 million in the first half of 2026, while the adjusted EBITDA margin held at 25.50 percent. Free cash flow improved to EUR 16.00 million from negative EUR 74.00 million a year earlier, according to Investing.com.

Guidance and balance sheet remain central

Fluidra maintained its full-year 2026 guidance in the same update, but the company expects inflation and product mix pressures to keep margins toward the low-to-mid range. Net leverage improved to 2.20 times EBITDA from 2.30 times in the first half of 2025, making cash generation and debt reduction important counterweights to softer new-build demand.

Fluidra's latest official sustainability release adds a separate operating signal. On September 10, 2026, the company reported that its S&P Global Corporate Sustainability Assessment score rose to 79 out of 100 from 77, while its governance score increased to 81, according to Fluidra.

Stock remains below its yearly high

At EUR 17.24, the Lang & Schwarz price stood EUR 8.98 below the 52-week high of EUR 26.22 and EUR 0.05 above the 52-week low of EUR 17.19, both dated October 6, 2026. The reference price therefore sits near the bottom of its recorded yearly range, while the operating figures show revenue growth and improved cash flow.

Fluidra's market capitalization was EUR 3.35 billion on October 6, 2026. The next confirmed earnings date is October 29, 2026, according to Stock Analysis.

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