Jefferies cuts target for Prosus stock from EUR 66.50 to EUR 55.90
Published on 10/07/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Prosus stock (ISIN NL0013654783) was trading at EUR 34.98 at Lang & Schwarz on October 7, 2026 at 9:21 a.m. CEST, down 0.93 percent from the prior close of EUR 35.31. According to MarketScreener on September 10, 2026, Jefferies retained its Buy rating while cutting the price target from EUR 66.50 to EUR 55.90. The current euro price lies 37.44 percent below that target.
Target cut leaves a wide gap
The Jefferies revision gives investors a clear measure of the market's skepticism. Even after the cut, EUR 55.90 remains EUR 20.92 above the Lang & Schwarz price, so the target gap is driven by both the lower analyst estimate and the weaker market quotation.
The same MarketScreener report lists an average target of EUR 61.05 and 18 analysts in its consensus. That average is 74.54 percent above the current euro price, calculated against EUR 34.98, but it remains an external assessment rather than a company forecast.
AI leadership meets weaker shares
Prosus also named new artificial intelligence, technology and product chiefs on September 22, 2026, according to MarketScreener. The management changes connect the group’s technology agenda with its portfolio of digital commerce and internet businesses.
That strategy has measurable scale. Yahoo Finance reported that ecosystem revenue increased 57 percent to USD 9.70 billion in fiscal 2026, while adjusted EBITDA rose 84 percent to USD 1.30 billion and free cash flow reached USD 1.50 billion.
For investors, the contrast is material: operating progress is visible in the fiscal 2026 figures, while the share price remains below the revised target and 0.93 percent below its prior close. The next valuation test is whether stronger platform results can narrow the discount attached to Prosus's investment portfolio.
Prosus price remains under pressure
Prosus was trading at EUR 34.98 at Lang & Schwarz on October 7, 2026 at 9:21 a.m. CEST, down 0.93 percent versus the prior close of EUR 35.31. The company operates in internet content and information, with activities spanning digital commerce, payments, food delivery and online services.
The further course of trading is shown by the continuously updated real-time quote of Prosus stock.
Prosus key data
- Company: Prosus N.V.
- ISIN: NL0013654783
- Ticker: PRX
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz as of October 7, 2026, 9:21 a.m. CEST: EUR 34.98
- Change versus prior close: minus 0.93 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 35.31
- Market capitalization: USD 87.4 billion as of October 6, 2026
- Sector / Industry: Communication Services / Internet Content and Information
