CTS Eventim stock: Goldman Sachs sets EUR 68.00 target for CTS Eventim stock
Published on 10/20/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and growth
- Goldman Sachs set a EUR 68.00 target for CTS Eventim on October 13, 2026.
- First-half 2026 revenue reached EUR 1.51 billion, up 16.90 percent from the prior year.
- CTS Eventim stock cost EUR 61.43 at Lang & Schwarz on October 20, 2026 at 3:16 p.m. CEST, 1.08 percent below the Xetra close and 28.86 percent below the 52-week high.
- The next quarterly report is scheduled for November 12, 2026.
Goldman Sachs initiated coverage of CTS Eventim with a Neutral rating and a EUR 68.00 price target on October 13, 2026, according to onvista. The target lies 10.70 percent above the EUR 61.43 Lang & Schwarz price. CTS Eventim (ISIN DE0005470306) was trading at EUR 61.43 at Lang & Schwarz on October 20, 2026 at 3:16 p.m. CEST, down 1.08 percent versus the Xetra close of October 19, 2026 at EUR 62.10.
First-half revenue gains momentum
CTS Eventim reported EUR 1.51 billion of revenue in the first half of 2026, up 16.90 percent from EUR 1.29 billion in the first half of 2025. The figures come from the company's half-year reporting summarized by FNE. Adjusted EBITDA rose 12.42 percent to EUR 225.4 million from EUR 200.5 million, while the adjusted EBITDA margin declined to 14.90 percent from 15.50 percent.
The two operating segments developed differently. Ticketing generated EUR 473.3 million of first-half revenue and EUR 172.5 million of adjusted EBITDA, while Live Entertainment contributed EUR 1.06 billion of revenue and EUR 52.9 million of adjusted EBITDA, according to FNE's October 14, 2026 analysis. Ticketing therefore supplied 76.52 percent of adjusted EBITDA, making its margin a central measure for the shares.
Stock stays below its yearly high
At EUR 61.43 on October 20, 2026, CTS Eventim stood 28.86 percent below its 52-week high of EUR 86.35 and 27.29 percent above its 52-week low of EUR 48.26. Trading volume was 18,010 shares at the finance-data timestamp of October 20, 2026. The market capitalization was EUR 5.9 billion and the price-to-earnings ratio was 19.17.
Valuation and upcoming dates
Goldman Sachs said its Neutral view required greater confidence that CTS Eventim can sustain mid-single-digit organic growth, defend its competitive position and execute its venue initiatives, according to the October 13, 2026 onvista report. Its EUR 68.00 target leaves the stock 9.66 percent below the target when measured from the Lang & Schwarz price.
The company lists its next quarterly report for November 12, 2026 on its Investor Relations calendar. Onvista also reported that CTS Eventim's first capital markets day is scheduled for November 20, 2026.
Price and investor perspective
The current market picture combines a 10.70 percent distance to the Goldman Sachs target with strong first-half revenue growth. The counterpoint is the adjusted EBITDA margin, which fell 0.60 percentage points year over year as the business mix and partnership structure affected Ticketing profitability.
CTS Eventim was trading at EUR 61.43 at Lang & Schwarz on October 20, 2026 at 3:16 p.m. CEST, down 1.08 percent versus the Xetra close of October 19, 2026 at EUR 62.10. The further course of trading is shown by the continuously updated real-time quote of CTS Eventim stock.
CTS Eventim stock facts
- Company: CTS Eventim AG & Co. KGaA
- ISIN: DE0005470306
- WKN: 547030
- Ticker: EVD
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 20, 2026, 3:16 p.m. CEST): EUR 61.43
- Change versus Xetra close: minus 1.08 percent
- Xetra close (October 19, 2026): EUR 62.10
- Market capitalization: EUR 5.9 billion (as of October 20, 2026)
- 52-week range: EUR 48.26-EUR 86.35 (as of October 20, 2026)
- Sector / Industry: Communication Services / Entertainment
- Index membership: MDAX
Market context: Market report DAX.
