Grupo Carso stock: BBVA downgrades Grupo Carso. Grupo Carso stock has MXN 135.00 target

Published on 10/19/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached MXN 48.19 billion, up 3.90 percent year over year. Grupo Carso stock costs EUR 7.80 on October 19, 2026.

Analyst target and valuation

BBVA assigned a MXN 135.00 target and downgraded Grupo Carso on October 14, 2026.
Second-quarter 2026 revenue reached MXN 48.19 billion, up 3.90 percent year over year.
Grupo Carso stock costs EUR 7.80 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST.
Market capitalization stood at MXN 365.8 billion and the P/E ratio was 39.13.

Grupo Carso, MXP461181085, Illustration mit AI erstellt.

BBVA downgraded Grupo Carso to Underperform from Market Perform and set a MXN 135.00 price target on October 14, 2026, according to Business Insider. The stock was trading at EUR 7.80 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST.

Second-quarter revenue provides support

Grupo Carso reported second-quarter 2026 revenue of MXN 48.19 billion, up 3.90 percent from the second quarter of 2025. Net income reached MXN 2.96 billion in the same period, while earnings per share came to MXN 1.32, according to Simply Wall St.

Price remains near the yearly high

On the BMV, Grupo Carso last traded at MXN 162.37 on October 16, 2026, with a 52-week range of MXN 113.10 to MXN 162.83. The latest home-market quote was 0.46 percent below that yearly high, calculated from the same MXN figures. Trading volume was 322,156 shares against an average of 322,748 shares.

Valuation and October reporting date

Grupo Carso had a market capitalization of MXN 365.8 billion, a P/E ratio of 39.13 and a dividend yield of 0.01 percent as of October 16, 2026. The next earnings report is scheduled for October 26, 2026, according to TradingView.

Comparison with peers

Grupo Carso (BIVA, MXN): P/E 39.13, market capitalization MXN 365.8 billion

Cemex (BMV, MXN): P/E 31.89, market capitalization MXN 288.4 billion

Grupo Mexico (BMV, MXN): P/E 15.41, market capitalization MXN 1,916.1 billion

Price and investor perspective

The MXN valuation places Grupo Carso above both comparison companies on the reported P/E measure, while the EUR quote gives German investors a separate trading reference. The next scheduled earnings date is October 26, 2026.

Grupo Carso was trading at EUR 7.80 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Grupo Carso stock.