J.P. Morgan keeps Sell rating for Wacker Chemie stock at EUR 62.00

Published on 10/16/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 7.40 percent to EUR 1.52 billion in the second quarter. Wacker Chemie stock costs EUR 87.85 on October 16, 2026, below Xetra close.

Analyst view and earnings path

J.P. Morgan maintained a Sell rating and set a EUR 62.00 target on October 15, 2026.
Second-quarter revenue rose 7.40 percent to EUR 1.52 billion.
Wacker Chemie stock trades at EUR 87.85 at 9:28 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.68 percent below the Xetra close of October 15, 2026.
Wacker Chemie is scheduled to release third-quarter results on October 29, 2026.

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Wacker Chemie (ISIN DE000WCH8881) was trading at EUR 87.85 at Lang & Schwarz on October 16, 2026, at 9:28 a.m. CEST, down 0.68 percent versus the Xetra close of October 15, 2026. J.P. Morgan maintained its Sell rating and set a EUR 62.00 price target for Wacker Chemie on October 15, 2026, according to Markets Insider.

Three events set the context

On July 30, 2026, Wacker Chemie reported second-quarter revenue of EUR 1.52 billion, up 7.40 percent from EUR 1.41 billion a year earlier. Net income reached EUR 340.8 million, compared with a GAAP net loss of EUR 24.2 million in the second quarter of 2025, according to Markets Insider. On September 17, 2026, the company presented a structural EBITDA margin ambition of 15 percent, plus or minus 2 percentage points, at its Capital Markets Day, as reported by FinanzNachrichten. The latest event was the October 15, 2026 J.P. Morgan rating and target update.

What does the target mean for earnings?

The EUR 62.00 target sits below the Lang & Schwarz price, while the second-quarter figures show a sharp year-over-year improvement. The earnings comparison is not purely operational: the company also benefited from special effects, so investors will look for repeatable margin gains in the next report. Jefferies expected third-quarter EBITDA of EUR 212.00 million, matching the second-quarter level, and identified Polysilicon as the main drag, according to Finanzen AT.

Next reporting date

Wacker Chemie is scheduled to release its third-quarter 2026 results on October 29, 2026. The date is listed in the company calendar information carried by Simply Wall St.

Stock remains below its October high

Wacker Chemie has a market capitalization of EUR 4.4 billion and a 52-week range of EUR 62.25 to EUR 105.60, with both market figures dated October 16, 2026. The current quote is therefore below the upper end of its annual range, while the scheduled results provide the next company-specific test for the earnings recovery.

Wacker Chemie was trading at EUR 87.85 at Lang & Schwarz on October 16, 2026, at 9:28 a.m. CEST, minus 0.68 percent versus the Xetra close of October 15, 2026 at EUR 88.45. The further course of trading is shown by the continuously updated real-time quote of Wacker Chemie stock.