Goldman cuts target to EUR 75 for Ottobock stock

Published on 10/21/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025 core revenue rose 11.70 percent. Ottobock stock costs EUR 50.30 on October 21, 2026, 1.57 percent below the Xetra close.

Analyst view and key dates

Goldman Sachs cut its Ottobock target from EUR 88.00 to EUR 75.00 on October 21, 2026.
Fiscal 2025 core revenue rose 11.70 percent to EUR 250.00 million, while adjusted EBITDA reached EUR 63.72 million.
Ottobock stock trades at EUR 50.30 at 11:18 a.m. CEST at Lang & Schwarz on October 21, 2026, 1.57 percent below the Xetra close of October 20, 2026.
Ottobock is scheduled to publish its third-quarter 2026 report on November 12, 2026.

Ottobock, DE000BCK2223, Illustration mit AI erstellt.

Ottobock (ISIN DE000BCK2223) was trading at EUR 50.30 at Lang & Schwarz on October 21, 2026, at 11:18 a.m. CEST, down 1.57 percent versus the Xetra close of October 20, 2026 at EUR 51.10. The latest analyst move came from Goldman Sachs, which cut its target from EUR 88.00 to EUR 75.00 while keeping a Buy rating, according to Zonebourse on October 21, 2026.

Revenue growth sets the base

Ottobock lists fiscal 2025 core revenue at EUR 250.00 million, up 11.70 percent, and adjusted EBITDA at EUR 63.72 million, up 29.50 percent. Adjusted core EBITDA margin reached 3.991 percent, an increase of 3.60 percentage points. The figures give the reduced target a concrete operating benchmark.

Three dated steps for the stock

On August 13, 2026, Ottobock published its half-year report while its investor page listed fiscal 2025 core revenue of EUR 250.00 million. On September 15, 2026, Jefferies maintained an EUR 83.00 target and Buy rating, as listed by Zonebourse. On October 21, 2026, Goldman Sachs reduced its target to EUR 75.00 from EUR 88.00 while retaining Buy.

Which dates come next?

Ottobock is scheduled to publish its third-quarter 2026 report on November 12, 2026, followed by the BNP Paribas MidCap CEO Conference on November 16, 2026, according to EQS News.

Target cut meets a weaker chart

The target reduction leaves Goldman Sachs positive on the company but signals a lower valuation framework. Ottobock stock was trading at EUR 50.30 at Lang & Schwarz on October 21, 2026, at 11:18 a.m. CEST, 1.57 percent below the Xetra close of October 20, 2026 at EUR 51.10. The further course of trading is shown by the continuously updated real-time quote of Ottobock stock.