Citi raises target for Randstad stock to EUR 36.50

Published on 10/06/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached EUR 5.90 billion and EBITDA EUR 182.00 million. Randstad stock costs EUR 35.56 on October 6, 2026 after EUR 34.75.

Makrofoto eines Hemdstoffs neben gestapelten Bewerbungsunterlagen mit feiner Papierstruktur — Randstad N.V. (NL0000379121) veranschaulicht per Makroaufnahme die Textur von Bewerbungsunterlagen und Businesskleidung, Illustration mit AI erstellt.

Randstad stock (ISIN NL0000379121) was trading at EUR 35.56 at Lang & Schwarz on October 6, 2026 at 12:42 p.m. CEST, up 2.33 percent versus the EUR 34.75 prior close of October 5, 2026. Citi analyst Marc Van'T Sant raised the price target to EUR 36.50 from EUR 25.00 on September 25, 2026, while keeping a Neutral rating, according to Markets Insider.

Second-quarter growth improves

Randstad delivered EUR 5.90 billion in revenue in the second quarter of 2026 and 1.90 percent organic revenue growth. EBITDA reached EUR 182.00 million, up 8.00 percent from the prior-year quarter, with a 3.10 percent margin, according to the company's Q2 earnings call transcript published by Yahoo Finance.

The operating trend was uneven but measurable. North American Operational revenue grew 13.00 percent in the quarter, while Germany returned to 4.00 percent growth after a 4.00 percent decline in the first quarter, the transcript said.

Analyst target meets the market

Citi's EUR 36.50 target sits EUR 0.94 above the Lang & Schwarz price of EUR 35.56, a 2.65 percent premium based on the same euro currency. The modest gap matters because the target is close to the current quote rather than signaling a wide valuation reset.

Randstad also secured EUR 1.30 billion in new client wins during the first half of 2026 through its 10 by 10 by 10 initiative, according to the earnings call. Management said digital marketplaces facilitated 1.70 million self-scheduled shifts in the second quarter, supporting the company's productivity strategy.

Results date sets the next test

Randstad is expected to publish its third-quarter 2026 results on October 21, 2026. finanzen.ch reported that analysts expect second-quarter revenue of EUR 5.98 billion for the upcoming report period comparison, versus EUR 5.81 billion a year earlier, implying 2.96 percent growth.

That forecast puts the next report at the center of the valuation debate: execution must confirm both the improving revenue trend and the margin gains already visible in the second quarter. The Lang & Schwarz price was EUR 35.56 on October 6, 2026 at 12:42 p.m. CEST, compared with the EUR 34.75 prior close of October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Randstad stock.