Goldman Sachs sets EUR 108.00 target for Scout24 stock
Published on 10/26/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGoldman target and reporting date
- Goldman Sachs set a EUR 108.00 12-month target for Scout24 on October 2, 2026.
- Second-quarter revenue grew 20.00 percent year over year in 2026.
- Scout24 stock stood at EUR 85.98 at Tradegate on October 26, 2026, 2.05 percent above the Xetra close of EUR 84.25.
- Scout24 is scheduled to publish nine-month results on November 4, 2026.
Scout24 stock (ISIN DE000A12DM80) has a EUR 108.00 12-month target from Goldman Sachs, which added the German property platform to its October conviction list on October 2, 2026. According to CNBC, the target implies 25.61 percent upside from the EUR 85.98 Tradegate quote. The last available Tradegate quote stood at EUR 85.98 on October 26, 2026 at 12:24 p.m. CEST, 2.05 percent above the Xetra close of EUR 84.25.
Revenue growth sets the operating backdrop
Scout24 reported second-quarter revenue growth of 20.00 percent year over year in 2026. Its investor-relations page also lists first-quarter group revenue of EUR 180.00 million, ordinary operating EBITDA of EUR 108.00 million and a 60.10 percent ordinary operating EBITDA margin, all reported for the first quarter of 2026, according to Scout24.
Stock remains below the yearly high
The EUR 62.70 to EUR 102.80 52-week range places the Tradegate quote 16.36 percent below the high and 37.13 percent above the low as of October 26, 2026. Scout24's market capitalization was EUR 5.9 billion, while the reported price-to-earnings ratio was 21.22 on the same date. The price position therefore leaves the Goldman target above the current euro quotation, while the stock remains well above its yearly low.
November 4 is the next reporting date
Scout24's investor-relations calendar schedules the nine-month and third-quarter 2026 report for November 4, 2026, together with an analyst conference call. That date gives investors the next formal test of whether the second-quarter growth rate and margin profile are continuing into the second half.
What the target says about valuation
Goldman Sachs highlighted Scout24's private-subscriber opportunity and its property data position in the October 2, 2026 report. The company said private subscribers represented about 20.00 percent of revenue in the cited discussion, while the analyst expected the platform to reach 700,000 private subscribers by 2028. These figures frame the valuation debate around subscription growth rather than around one quarter alone.
Price and investor perspective
Scout24 stock stood at EUR 85.98 at Tradegate on October 26, 2026 at 12:24 p.m. CEST, 2.05 percent above the Xetra close of October 26, 2026 at EUR 84.25. The next dated company milestone is the November 4, 2026 nine-month report.
Scout24 stock at a glance
- Company: Scout24 SE
- ISIN: DE000A12DM80
- WKN: A12DM8
- Ticker: G24
- Primary exchange: Xetra
- Price Tradegate (as of October 26, 2026, 12:24 p.m. CEST): EUR 85.98
- Change versus Xetra close: plus 2.05 percent
- Xetra close (October 26, 2026): EUR 84.25
- Market capitalization: EUR 5.9 billion (as of October 26, 2026)
- 52-week range: EUR 62.70-EUR 102.80 (as of October 26, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: November 4, 2026
Market context: Market report DAX.
