Hochtief stock gained 2.83 percent on October 2, 2026

Published on 10/04/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hochtief stock traded at EUR 407.40 on October 2, 2026, while its order backlog reached EUR 85 billion. The next report is scheduled for November 5.

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Hochtief (ISIN DE0006070006) stock was trading at EUR 407.40 on Xetra on October 2, 2026, up 2.83 percent from the previous session. The share price recovery came as investors weighed a record order backlog against the construction group's elevated earnings expectations.

Order backlog reaches EUR 85 billion

Börse Express reported on September 22, 2026, that Hochtief's order backlog had reached EUR 85 billion at midyear. The same report said Turner recorded a 49 percent increase in operating earnings before taxes, linking the backlog story to the group's data-center exposure.

The operating profit target for 2026 is EUR 1,025 million to EUR 1,100 million, up from the previous EUR 950 million to EUR 1,025 million range, according to Börse Express on September 22, 2026. Both ends of the range therefore moved EUR 75 million higher.

Guidance meets a valuation test

The operating profit target implies a 30 percent to 40 percent increase from the prior year, while first-half operating net profit reached EUR 480 million, up 35 percent, as reported by Börse Express. The comparison matters because the raised full-year range now requires Hochtief to convert its project pipeline into margin and cash flow through the second half.

For market participants, valuation remains the counterweight to the operating momentum. A published consensus lists five analysts, all at Hold, with a 12-month target of EUR 487.00; that target lies 19.5 percent above the EUR 407.40 reference price, according to Börse Express on September 22, 2026.

Next report arrives November 5

Hochtief's next scheduled checkpoint is the nine-month report on November 5, 2026, when revenue conversion, project execution and profitability will be tested against the higher annual target. The combination of EUR 85 billion in backlog and EUR 1,025 million to EUR 1,100 million in planned operating profit gives the stock a measurable execution test rather than a purely sentiment-driven story.

Hochtief stock trades at EUR 407.40

Hochtief stock was trading at EUR 407.40 on Xetra on October 2, 2026, at 5:35 p.m. CEST, with a daily gain of 2.83 percent. The market capitalization was EUR 29.8 billion as of October 2, 2026.