K+S stock balances Q2 growth against potash supply risk

Published on 10/07/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

K+S stock traded at EUR 15.22 on October 7, 2026, while Q2 revenue rose 12.29 percent to EUR 978.30 million. The 2026 EBITDA range is EUR 680-760 million.

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K+S stock (ISIN DE000KSAG888) was trading at EUR 15.22 on Xetra at 9:06 a.m. CEST on October 7, 2026, up 0.6 percent from the prior close. The latest quarterly figures combine double-digit revenue growth with a sharply higher 2026 operating EBITDA range.

Q2 revenue rises 12.29 percent

In the second quarter of 2026, K+S generated revenue of EUR 978.30 million, up 12.29 percent from EUR 871.20 million a year earlier, according to finanzen.net in its October 7, 2026 market report. The same report lists quarterly earnings per share of EUR 3.61, compared with negative EUR 9.68 in the prior-year quarter.

The Q2 period ended June 30, 2026, and the figures were released on August 12, 2026. For investors, the comparison matters because the revenue increase came alongside a substantial year-over-year improvement in earnings per share.

Guidance meets a divided market

K+S raised its 2026 operating EBITDA guidance to EUR 680 million to EUR 760 million from EUR 680 million to EUR 730 million, as reported by Investing.com on October 1, 2026. The company also said its second-quarter operating EBITDA exceeded market expectations in the official release dated August 12, 2026, published on its K+S newsroom.

The analyst consensus published by Investing.com was Neutral across 13 analysts on October 1, 2026. The average target stood at EUR 16.74, which is 9.99 percent above the October 7 price, with individual targets ranging from EUR 10.50 to EUR 30.00.

Berenberg raised its target from EUR 11.40 to EUR 13.00 on September 28, 2026, while retaining a Sell rating, according to Investing.com. The report linked the cautious view to the prospect of higher potash supply from 2027, which could pressure margins even as salt expansion supports the business.

Stock stays below yearly high

K+S traded at EUR 15.22 on Xetra on October 7, 2026, while its 52-week range stood at EUR 10.35 to EUR 18.69. The price was 18.57 percent below the yearly high, leaving the guidance upgrade and the supply outlook as the main variables for the next results update.