Concorde raises target for MOL stock to HUF 5,930

Published on 10/09/2026 at 14:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Concorde's prior target was HUF 4,740 on September 14, 2026. MOL stock costs EUR 13.66 on October 9, 2026 after EUR 13.70.

Concorde raised its MOL target from HUF 4,740 to HUF 5,930 on September 14, 2026.
MOL stock was EUR 13.66 at Lang & Schwarz on October 9, 2026, down 0.29 percent versus EUR 13.70.
MOL approved a EUR 2.0 billion Euro Medium Term Note program update on September 10, 2026.
The next Q3 2026 earnings release is scheduled for November 5, 2026.

MOL, HU0000153937, Illustration mit AI erstellt.

Concorde had raised its MOL target from HUF 4,740 to HUF 5,930 on September 14, 2026, while keeping its Buy recommendation, according to Portfolio. The revision gives MOL stock a fresh valuation reference as investors assess energy prices, refining margins and capital-market funding.

Target revisions set the valuation frame

Portfolio reported that PKO BP Securities had lifted its MOL target from HUF 3,612 to HUF 6,143 on September 9, 2026, and upgraded its recommendation from Hold to Buy. The same report said Concorde moved from HUF 4,740 to HUF 5,930 on September 14, 2026, while Patria Finance later raised its target from HUF 4,000 to HUF 5,300.

The spread between these targets matters because the reference prices use different assumptions about oil prices, refining margins, taxes and the recovery of the Danube refinery. Portfolio also identified additional European taxation of oil companies as a risk in Concorde's assessment, putting the target increase in a more cautious context.

Three dated MOL events

On September 9, 2026, PKO BP Securities raised its target to HUF 6,143 from HUF 3,612, according to Portfolio. On September 10, 2026, MOL approved an update to its EUR 2,000,000,000 Euro Medium Term Note Programme, as MarketScreener reported. On September 14, 2026, Concorde raised its target to HUF 5,930 from HUF 4,740, according to Portfolio.

What comes next for MOL stock?

MOL's next Q3 2026 earnings release is listed for November 5, 2026 by MarketScreener. That date gives investors a defined checkpoint for testing the assumptions behind the HUF 5,930 and HUF 6,143 targets, while the EUR 2.0 billion debt program expands MOL's potential financing capacity.

A Prague Stock Exchange market page identified MOL with ISIN HU0000153937 and reported a CZK 270.4 billion market capitalization, a CZK 189.00 to CZK 355.40 year range and 74.42 percent year-to-date performance as of October 8, 2026. The venue data provide a separate Czech-koruna market reference and are not combined with the Lang & Schwarz euro quote.

Euro quote remains slightly lower

MOL stock was trading at EUR 13.66 at Lang & Schwarz on October 9, 2026 at 2:13 p.m. CEST, down 0.29 percent versus the EUR 13.70 prior close dated October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of MOL stock.