Deutsche Bank raises target for Capgemini stock to EUR 150

Published on 10/16/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capgemini enters a quiet period on October 15, 2026. Capgemini stock costs EUR 122.60 on October 16, 2026, 19.90 percent below its EUR 153.05 high.

Targets and operating milestones

Deutsche Bank lifted its Capgemini target from EUR 125.00 to EUR 150.00 on October 15, 2026.
Capgemini reported H1 2026 revenue of EUR 12.08 billion, up 8.80 percent year over year.
Capgemini stock trades at EUR 122.60 at 9:32 a.m. CEST at Lang & Schwarz on October 16, 2026.

Schwarzweiß-Reportagefoto von Technikern in einem Rechenzentrum mit Serverreihen — Capgemini SE (ISIN FR0000125338) steht für IT-Infrastruktur, dokumentiert in Schwarzweiß-Aufnahme eines Rechenzentrums, Illustration mit AI erstellt.

Capgemini (ISIN FR0000125338) was trading at EUR 122.60 at Lang & Schwarz on October 16, 2026, at 9:32 a.m. CEST. According to Ideal Investor on October 15, Deutsche Bank raised its Capgemini target from EUR 125.00 to EUR 150.00 while keeping a buy rating.

Target reset sets the tone

The analyst move came as Capgemini entered its quiet period ahead of third-quarter revenue due on October 30, 2026. The new EUR 150.00 target stands 22.35 percent above the Lang & Schwarz price of EUR 122.60, using the same euro basis.

Capgemini's latest reported operating picture was its first half of 2026. Ideal Investor reported revenue of EUR 12.08 billion, up 8.80 percent year over year, while operating margin stood at 12.50 percent. Management also raised its 2026 constant-currency revenue growth outlook to 8.50 percent to 9.00 percent, from 6.50 percent to 8.50 percent previously.

Three events shaped the stock

On July 30, 2026, Capgemini published first-half revenue of EUR 12.08 billion and an operating margin of 12.50 percent, according to Ideal Investor. On October 6, 2026, Capgemini announced a share buyback of up to 3.00 million shares for its employee share plan. On October 15, 2026, Deutsche Bank raised its target to EUR 150.00, according to Ideal Investor.

What does the target mean?

The target reset puts valuation against an operating forecast that is more ambitious than the previous 2026 range. The unchanged operating-margin objective of 13.60 percent to 13.80 percent leaves revenue delivery as the clearest near-term test for the October 30 report.

The next reporting dates

Capgemini's quiet period runs from October 15 through October 29, 2026, and its third-quarter revenue publication is scheduled for October 30, 2026, according to the company's investor calendar.

Price stays below the yearly high

Capgemini's EUR 122.60 quote is 19.90 percent below its EUR 153.05 52-week high and above its EUR 85.62 52-week low, both as of October 16, 2026. Its market capitalization is EUR 20.4 billion on the same date.

Capgemini was trading at EUR 122.60 at Lang & Schwarz on October 16, 2026, at 9:32 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Capgemini stock.