Jefferies raised target for Nemetschek stock from EUR 70 to EUR 72

Published on 10/09/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.00 percent to EUR 327.66 million. Nemetschek stock costs EUR 67.28 on October 9, 2026 versus EUR 64.98.

Key points in brief

Jefferies raised its Nemetschek price target from EUR 70.00 to EUR 72.00 on September 23, 2026.
Second-quarter revenue rose 13.00 percent year over year to EUR 327.66 million.
Nemetschek stock was trading at EUR 67.28 at Lang & Schwarz on October 9, 2026, up 3.54 percent versus the prior close.

Schwarzweißfoto eines Bauleiters mit Tablet vor Stahlbaustelle und Kränen — Nemetschek SE ISIN DE0006452907: Schwarzweiß-Reportagefoto eines Bauleiters mit Tablet und digitalem Gebäudemodell auf Baustelle, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) was trading at EUR 67.28 at Lang & Schwarz on October 9, 2026 at 12:28 p.m. CEST, up 3.54 percent versus the prior close of EUR 64.98. Jefferies raised its Nemetschek price target from EUR 70.00 to EUR 72.00 on September 23, 2026, according to finanzen.at. The new target stands 7.02 percent above the Lang & Schwarz price.

Chronology adds three dated signals

On April 30, 2026, Nemetschek reported first-quarter revenue growth of 17.00 percent in its investor-relations release, which described the period as a strong start to the year. On July 1, 2026, HCSS became part of the Build & Construct segment, according to GC Worldwide. On September 23, 2026, Jefferies lifted its target from EUR 70.00 to EUR 72.00 while keeping its Buy rating, according to finanzen.at.

What does HCSS change financially

The HCSS transaction expands Nemetschek's infrastructure software offering, but it also changes the financial profile of the group. GC Worldwide reported a EUR 450 million impact on net debt and a 28.00 percent minority holding for Thoma Bravo in the Build & Construct segment. Jefferies wrote that the economic effects of the acquisition may become visible only in the second half of 2028, according to finanzen.at.

Revenue growth sets the operating benchmark

Nemetschek's second-quarter 2026 revenue reached EUR 327.66 million, up 13.00 percent year over year, while operating profit rose to EUR 79.00 million, according to Glocalist. The combination gives the analyst target a numerical operating backdrop, while the HCSS debt impact remains the main integration variable.

November brings the next reporting date

Nemetschek's investor-relations calendar schedules its third-quarter communication for November 5, 2026, according to the company's investor-relations page.

Stock trades above the prior close

At Lang & Schwarz, Nemetschek stock was trading at EUR 67.28 on October 9, 2026 at 12:28 p.m. CEST, up 3.54 percent versus the October 8, 2026 prior close of EUR 64.98. The finance quote showed a market capitalization of EUR 7.8 billion and a 52-week range of EUR 50.45 to EUR 110.10 as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.