Hitachi Rail secures Saudi metro upgrade and Hitachi stock costs EUR 31.25 versus EUR 30.95

Published on 10/02/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter 2026 revenue rose 20.00 percent and margin reached 11.90 percent. Hitachi stock costs EUR 31.25 on October 2, 2026 versus EUR 30.95.

Hitachi, JP3788600009, Illustration mit AI erstellt.

Hitachi (ISIN JP3788600009) was trading at EUR 31.25 at Lang & Schwarz on October 2, 2026 at 1:45 p.m. CEST, plus 0.97 percent versus the prior close of EUR 30.95. According to MarketScreener on September 23, 2026, Hitachi Rail secured a Saudi Hajj metro upgrade contract.

Saudi rail contract adds operating proof

The rail contract gives Hitachi a fresh order-related reference point in its Green Energy and Mobility business. The event is commercially relevant because Hitachi combines rail systems with power, digital services and infrastructure solutions, creating several routes for large transport projects to support group activity.

First-quarter growth reaches 20.00 percent

Investing.com reported that Hitachi's first-quarter 2026 revenue rose 20.00 percent year over year to JPY 2.71 trillion, while adjusted EBITA margin improved by 1.10 percentage points to 11.90 percent. All four segments posted double-digit growth in the quarter ended June 30, 2026, giving the rail contract a backdrop of broad operating expansion rather than a single-segment story.

The same first-quarter summary said Hitachi raised full-year targets for revenue growth, adjusted EBITA margin, net income, core free cash flow and return on invested capital. The 13.00 percent adjusted EBITA margin target is higher than the 11.90 percent reported for the first quarter, so execution against margin expansion remains a central measure for the next report.

Analyst targets stay above the market

According to Markets Insider on September 17, 2026, Daiwa kept a Buy rating and set a JPY 6,300 target; the report also said Bernstein initiated coverage on September 15 with a Buy rating and a JPY 7,300 target. Investing.com lists 14 analysts, including 12 Buy ratings and 2 Hold ratings, with an average target of JPY 6,600. The next earnings date is October 23, 2026, according to the same Investing.com company page.

Tokyo price and valuation context

Hitachi's primary listing was last at JPY 5,522 on the Tokyo Stock Exchange on October 2, 2026 at 3:30 p.m. JST, while its 52-week range was JPY 4,114 to JPY 6,039. Market capitalization stood at JPY 24.8 trillion on October 2, 2026, placing the euro quote within a wider listed-company valuation picture.

The further course of trading is shown by the continuously updated real-time quote of Hitachi stock.