JPMorgan keeps EUR 110 target for Nemetschek stock

Published on 10/21/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly results are due on November 5, 2026. Nemetschek stock costs EUR 72.13 on October 21, 2026, minus 0.51 percent versus the Xetra close.

Analyst view and operating test

JPMorgan kept its EUR 110.00 target and Overweight rating on October 20, 2026.
Nemetschek reported EUR 327.66 million of second-quarter revenue and EUR 66.04 million of net income.
Nemetschek stock trades at EUR 72.13 at 10:04 a.m. CEST at Lang & Schwarz on October 21, 2026, minus 0.51 percent versus the Xetra close of October 20, 2026.
The next quarterly report is scheduled for November 5, 2026.
Market capitalization stood at EUR 8.3 billion on October 21, 2026.

Aquarellbild eines gläsernen Bürogebäudes an einem Fluss vor Bergkulisse — Nemetschek SE ISIN DE0006452907: Aquarellmalerei einer modernen Firmenzentrale mit Glasfassade nahe Fluss und Bergen, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) was trading at EUR 72.13 at Lang & Schwarz on October 21, 2026, minus 0.51 percent versus the October 20, 2026 Xetra close of EUR 72.50. JPMorgan kept its EUR 110.00 price target and Overweight rating on October 20, 2026, according to FinanzNachrichten.

JPMorgan keeps EUR 110 target

The note placed Nemetschek on JPMorgan's Analyst Focus List and said the November 5, 2026 quarterly report should show industry-leading earnings growth. The target implies a substantial gap above the EUR 72.13 Lang & Schwarz price, but the report itself does not provide a new target increase.

MarketScreener also reported that Joseph George maintained the EUR 110.00 target. Its listed consensus covered 18 analysts and showed an average target of EUR 86.19, giving investors a second benchmark for the upcoming results.

What does the next report test?

The operating evidence is stronger than the daily quotation. A Simply Wall St analysis cited second-quarter 2026 revenue of EUR 327.66 million and net income of EUR 66.04 million, with net margin at 20.20 percent versus 18.10 percent a year earlier. The comparison makes margin expansion the clearest numerical test of the bullish thesis.

Three dates frame the story

On March 19, 2026, the investor-relations page listed fiscal-year 2025 revenue of EUR 1.19 billion. On April 30, 2026, Nemetschek reported first-quarter revenue growth of 17.00 percent. On October 20, 2026, JPMorgan set the current EUR 110.00 target and Overweight rating, according to FinanzNachrichten.

Next date is November 5

Nemetschek's investor-relations calendar schedules the third-quarter 2026 report for November 5, 2026, according to Nemetschek. The release will show whether the EUR 110.00 target is supported by reported earnings growth rather than by the software and artificial-intelligence narrative alone.

Price stays below the yearly high

Nemetschek's market capitalization was EUR 8.3 billion on October 21, 2026. The 52-week range was EUR 50.45 to EUR 105.90, placing the current quotation between the year's low and high without changing the central earnings test.

Nemetschek was trading at EUR 72.13 at Lang & Schwarz on October 21, 2026 at 10:04 a.m. CEST, minus 0.51 percent versus the Xetra close of October 20, 2026 (EUR 72.50). The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.