Jefferies raised target for Nemetschek stock to EUR 72.00

Published on 10/14/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.00 percent to EUR 327.66 million. Nemetschek stock trades at EUR 71.90 on October 14, 2026 versus Xetra's EUR 71.35.

Analyst view meets operating growth

On September 23, 2026, Jefferies lifted its Nemetschek target from EUR 70.00 to EUR 72.00.
Second-quarter revenue rose 13.00 percent to EUR 327.66 million.
Nemetschek stock trades at EUR 71.90 at 1:00 p.m. CEST on October 14, 2026, 0.77 percent above the Xetra close of October 13, 2026.

3D-Architekturrender eines Glasturms mit digitalen Wireframe-Linien auf der Fassade — Nemetschek SE ISIN DE0006452907: architektonischer 3D-Render eines gläsernen Bürohochhauses mit sichtbaren digitalen Modelllinien, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) received a EUR 72.00 price target from Jefferies, raised from EUR 70.00 on September 23, 2026. The analyst kept a Buy rating while adjusting forecasts after the completed HCSS acquisition, according to finanzen.ch.

Jefferies weighs HCSS integration

Jefferies analyst Charles Brennan said the acquisition's economic effects would become visible mainly in the second half of 2028, while retaining the Buy rating. The report also described the integration timeline as a factor that could delay the earnings contribution, according to FinanzNachrichten.

What did second-quarter growth show?

Nemetschek reported second-quarter revenue of EUR 327.66 million, up 13.00 percent, while net income rose 25.40 percent to EUR 66.00 million. The figures cover the second quarter of 2026 and were reported on July 30, 2026, according to VZ VermögensZentrum. The revenue comparison gives the target a stronger operating base than the share price alone suggests, but the HCSS timetable keeps the acquisition contribution further out.

Three dated milestones for Nemetschek

On April 30, 2026, Nemetschek reported 17.00 percent revenue growth in the first quarter, according to Nemetschek. On July 30, 2026, second-quarter revenue reached EUR 327.66 million, according to VZ VermögensZentrum. On September 23, 2026, Jefferies raised its target to EUR 72.00 from EUR 70.00, according to finanzen.ch.

Next reporting date is November 5

Nemetschek's investor-relations calendar lists November 5, 2026, for publication of the third-quarter report. That date gives the market its next scheduled checkpoint for revenue growth, integration effects and profitability, according to Nemetschek.

EUR 71.90 versus the Xetra close

Nemetschek was trading at EUR 71.90 at Lang & Schwarz on October 14, 2026 at 1:00 p.m. CEST, 0.77 percent above the Xetra close of October 13, 2026 at EUR 71.35. The current quote remains EUR 0.10 below the Jefferies target of EUR 72.00, keeping the analyst view close to the live German trading reference. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.