JPMorgan kept its EUR 110 target for Nemetschek stock

Published on 10/22/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.00 percent to EUR 327.7 million. Nemetschek stock costs EUR 74.33 on October 22, 2026, below the EUR 74.80 Xetra close.

Analyst view meets operating proof

JPMorgan kept its Overweight rating and EUR 110.00 target on October 20, 2026.
Second-quarter revenue rose 13.00 percent to EUR 327.7 million in 2026.
Nemetschek stock trades at EUR 74.33 at 11:14 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.63 percent below the Xetra close of October 21, 2026.

Trading-Floor mit großen Bildschirmen zeigt Kurscharts unter den Kürzeln TECH und DAX — Nemetschek SE ISIN DE0006452907: Börsen-Editorialfoto vom Frankfurter Handelsparkett mit Charts unter Kürzeln TECH und DAX, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) was trading at EUR 74.33 at Lang & Schwarz on October 22, 2026, at 11:14 a.m. CEST, down 0.63 percent versus the Xetra close of October 21, 2026 at EUR 74.80. Boerse.de reported on October 20, 2026 that JPMorgan kept its Overweight rating and EUR 110.00 target, while expecting industry-leading earnings growth from the third-quarter report.

The latest analyst benchmark

The EUR 110.00 target sets a demanding benchmark against the current euro quotation. JPMorgan analyst Joseph George linked the positive view to the monetization of artificial intelligence applications and investment in AI infrastructure, according to Boerse.de. The target is an expectation, not a reported result, so the next financial release will carry greater evidentiary weight.

What must earnings prove?

Nemetschek's second-quarter revenue rose 13.00 percent year over year to EUR 327.7 million, while net income increased 25.4 percent to EUR 66.0 million, according to Vermoegenszentrum on July 30, 2026. That comparison gives the analyst thesis a concrete baseline: growth was already visible in the latest reported quarter, but the forecast for industry-leading earnings growth requires a further step in profitability.

Three dates frame the setup

The recent chronology combines operating progress with higher expectations. On July 30, 2026, second-quarter revenue reached EUR 327.7 million, up 13.00 percent year over year. On October 8, 2026, Graphisoft presented a portfolio featuring three AI-enabled offerings, as Boerse Express reported. On October 20, 2026, JPMorgan retained the EUR 110.00 target.

Nemetschek's next substantiated date is November 5, 2026, when the company plans to publish its third-quarter 2026 report, according to the Nemetschek investor-relations calendar. The release should show whether revenue growth and AI-related product activity are translating into the earnings performance expected by JPMorgan.

Stock trades below Xetra close

The current quotation remains below the EUR 74.80 Xetra close, while the 52-week range is EUR 50.45 to EUR 105.90 as of October 22, 2026. Market capitalization stood at EUR 8.6 billion on the same date. For investors, the central test is operational: Nemetschek must connect product expansion with measurable earnings growth.

Nemetschek was trading at EUR 74.33 at Lang & Schwarz on October 22, 2026, at 11:14 a.m. CEST, 0.63 percent below the Xetra close of October 21, 2026 at EUR 74.80. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.