Hochtief raises 2026 profit target for Hochtief stock

Published on 10/01/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hochtief lifted 2026 profit guidance to EUR 1.03-1.10 billion. Hochtief stock costs EUR 383.10 on October 1, 2026, below EUR 385.20.

Fotorealistischer Blick auf HOCHTIEF AG Brückenbau mit Kränen im Sonnenuntergang — HOCHTIEF AG Brückenbau-Großprojekt DE0006070006 zeigt Kräne und Betonstützen bei Sonnenuntergang über dem Fluss, Illustration mit AI erstellt.

Hochtief (ISIN DE0006070006) raised its 2026 operating net profit target to EUR 1.025 billion-EUR 1.100 billion from EUR 950 million-EUR 1.025 billion. According to Börse Express on September 22, 2026, the higher target followed a strong first half and a EUR 84.8 billion project backlog.

Profit target moves higher

Börse Express reported that operating net profit rose 35 percent to EUR 480 million in the first half of 2026, while revenue reached EUR 20.1 billion. The revised upper end of the annual target is EUR 75 million above the previous upper end, a 7.32 percent increase calculated from EUR 1.025 billion.

The improvement was accompanied by EUR 31.5 billion of orders in the first six months, up 25 percent on a currency-adjusted basis from the prior-year period. That order intake gives the profit target a measurable operating base, although project execution remains the key variable for converting backlog into earnings.

Orders set the operating test

The EUR 84.8 billion backlog stood 23 percent above the prior-year level, according to Börse Express on September 18, 2026. The same report cited EUR 31.5 billion of new orders and identified November 5, 2026 as the date for the third-quarter results.

For investors, the next report will test whether the 35 percent first-half profit increase can be sustained while Hochtief works through its record backlog. The scheduled report matters because the new annual range implies a second-half operating net profit contribution of EUR 545 million-EUR 620 million after EUR 480 million in the first half.

Stock trades below yearly high

Hochtief stock was trading at EUR 383.10 at Lang & Schwarz on October 1, 2026 at 9:39 a.m. CEST, down 0.55 percent versus the prior close of EUR 385.20 on September 30, 2026. A recent Hochtief market overview listed a 52-week range of EUR 233.20-EUR 545.50 and a market capitalization of EUR 29.9 billion as of September 28, 2026.

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