Goldman cuts Ottobock target to EUR 75: Ottobock stock gains 1.00 percent
Published on 10/23/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst caution meets stronger margins
- Goldman Sachs cut its Ottobock target to EUR 75.00 on October 20, 2026.
- Ottobock reported 6.70 percent organic core revenue growth in the first half of 2026.
- Ottobock stock trades at EUR 50.50 at 10:29 a.m. CEST at Lang & Schwarz on October 23, 2026, 1.00 percent above the Xetra close of October 22, 2026.
Ottobock stock (ISIN DE000BCK2223) trades at EUR 50.50 at Lang & Schwarz on October 23, 2026 at 10:29 a.m. CEST, 1.00 percent above the Xetra close of October 22, 2026 at EUR 50.00. MarketScreener reported that Goldman Sachs cut its price target from EUR 88.00 to EUR 75.00 on October 20, 2026. The bank kept its Buy rating.
Goldman target signals caution
Goldman analyst Richard Felton expects Ottobock's third-quarter revenue growth to have weakened, with North America weighing on the business. The October 20, 2026 study therefore lowered the target by EUR 13.00, while the medium-term view stayed positive, according to MarketScreener.
What does the target cut mean for margins?
The concern contrasts with Ottobock's first-half operating picture. In the first half of 2026, organic core revenue grew 6.70 percent, while underlying EBITDA reached EUR 207.00 million and the margin rose 2.20 percentage points to 25.30 percent, according to Yahoo Finance. Management also narrowed full-year organic growth guidance to 6.00 percent to 8.00 percent and raised its underlying EBITDA margin target from above 26.50 percent to above 27.00 percent.
Three dated Ottobock markers
On August 13, 2026, Ottobock reported first-half organic core revenue growth of 6.70 percent through its investor-relations page, Ottobock stated. On September 15, 2026, Jefferies maintained a Buy rating and an EUR 83.00 target, according to MarketScreener. On October 20, 2026, Goldman Sachs cut its target to EUR 75.00 while retaining Buy.
Upcoming reporting dates
Ottobock's next quarterly communication is scheduled for November 12, 2026, according to Ottobock. The investor-relations calendar also lists a BNP Paribas MidCap CEO Conference on November 16, 2026.
Stock stays above EUR 50.00
The current euro quotation puts the stock EUR 0.50 above the previous Xetra session's close, while Goldman’s EUR 75.00 target remains EUR 24.50 higher than the market price. The further course of trading is shown by the continuously updated real-time quote of Ottobock stock.
Ottobock stock facts
- Company: Ottobock SE & Co. KGaA
- ISIN: DE000BCK2223
- WKN: BCK222
- Ticker: OBCK
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 23, 2026, 10:29 a.m. CEST): EUR 50.50
- Change versus Xetra close: plus 1.00 percent
- Xetra close (October 22, 2026): EUR 50.00
- Sector / Industry: Health Care / Medical Equipment, Supplies and Distribution
- Index membership: TecDAX
- Next earnings date: November 12, 2026
Market context: Market report DAX.
