Jefferies raises target for SMA Solar stock from EUR 89.00 to EUR 90.00

Published on 10/14/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies set a EUR 90.00 target after EUR 89.00 on October 13, 2026. SMA Solar stock costs EUR 63.08 versus Xetra EUR 62.55.

Targets and operating evidence

Jefferies raised its SMA Solar target from EUR 89.00 to EUR 90.00 on October 13, 2026.
SMA Solar guided for 2026 revenue of EUR 1.625 billion to EUR 1.725 billion.
SMA Solar stock trades at EUR 63.08 at 10:10 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.85 percent above the Xetra close of October 13, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Solarzelle und technischen Werkzeugen — SMA Solar Technology DE000A0DJ6J9 arrangiert Aktienzertifikat, Solarzelle und Silizium-Wafer in stilvoller Flatlay-Komposition, Illustration mit AI erstellt.

SMA Solar (ISIN DE000A0DJ6J9) was trading at EUR 63.08 at Lang & Schwarz on October 14, 2026 at 10:10 a.m. CEST, 0.85 percent above the Xetra close of October 13, 2026 at EUR 62.55. Jefferies raised its target for SMA Solar from EUR 89.00 to EUR 90.00 on October 13, 2026 and kept its Buy rating, according to finanzen.net.

Three milestones shape 2026

On July 16, 2026, SMA raised its 2026 revenue guidance to EUR 1.625 billion to EUR 1.725 billion and EBITDA guidance to EUR 180.00 million to EUR 230.00 million, as reported in the Yahoo Finance transcript. On August 13, 2026, SMA reported first-half revenue of EUR 687.00 million and EBITDA of EUR 88.00 million, compared with EUR 685.00 million and EUR 9.00 million in the first half of 2025, respectively, according to the same transcript.

The October 13 target update is the latest dated market event. Jefferies said the timing of project execution and the processing of the order backlog supported its expectation for a solid third quarter, while it viewed the consensus profitability estimate as too cautious, finanzen.net reported.

What supports the next quarter?

SMA's first-half order backlog reached EUR 1.75 billion at the end of June 2026, up from EUR 1.16 billion at the end of June 2025. Large-scale order intake reached EUR 567.00 million in the second quarter of 2026, while the Home and Business Solutions division lifted first-half revenue 25.00 percent to EUR 145.00 million, according to Yahoo Finance. The figures point to a mixed operating picture: project timing weighed on the Large Scale and Project Solutions division, while demand and the new product portfolio supported Home and Business Solutions.

November date sets the next test

SMA is scheduled to publish its January to September 2026 quarterly statement and hold its analyst conference call on November 12, 2026, according to the company's investor relations calendar. That report will show whether the higher project execution expected for the second half has translated into revenue and operating earnings.

Stock stays below the target

SMA Solar's EUR 63.08 Lang & Schwarz price is EUR 26.92 below Jefferies' EUR 90.00 target, while the Xetra comparison shows a 0.85 percent increase from the October 13 close. SMA Solar has been listed in the Prime Standard of the Frankfurt Stock Exchange since 2008 and is included in the TecDAX and SDAX, according to the company's investor relations page.

The further course of trading is shown by the continuously updated real-time quote of SMA Solar stock.