K+S stock trades at EUR 15.17 as 2026 guidance rises

Published on 10/04/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

K+S stock carries a 2026 EBITDA outlook of EUR 680 million to EUR 760 million after the H1 update. Q2 revenue reached EUR 978.30 million, up 12.29 percent year over year.

Luftaufnahme eines Kali-Tagebaus mit orangen Gesteinsschichten und Industrieanlagen im Abendlicht — K+S AG Kalibergwerk DE000KSAG888 aus der Vogelperspektive bei goldenem Abendlicht mit Förderbändern und Abraumhalden, Illustration mit AI erstellt.

K+S (ISIN DE000KSAG888) was last at EUR 15.17 on Xetra on October 2, 2026 at 5:35 p.m. CEST, up 0.46 percent from EUR 15.10. The fertilizer and salt producer has raised its 2026 EBITDA outlook, putting operating performance ahead of the share price move.

Guidance reaches EUR 760 million

K+S lifted its 2026 EBITDA guidance to EUR 680 million to EUR 760 million, according to IT Boltwise, citing the company investor-relations update. The range matters because the upper end stands EUR 148 million above the EUR 612 million EBITDA K+S reported for fiscal year 2025.

The latest quarterly comparison is also positive. Q2 2026 revenue came in at EUR 978.30 million, compared with EUR 871.20 million in Q2 2025, an increase of 12.29 percent, while operating EBITDA reached EUR 176.00 million, according to IT Boltwise.

Analysts remain divided

The analyst picture is split between the improved operating outlook and longer-term supply concerns. Investing.com reports a Neutral consensus from 13 analysts, with an average target of EUR 16.74 and a published range of EUR 10.50 to EUR 30.00.

Berenberg raised its target from EUR 11.40 to EUR 13.00 on September 28, 2026, but kept a Sell rating, according to FinanzNachrichten. The bank pointed to higher near-term potash price expectations and the Qemetica salt acquisition, while warning that rising potash supply could pressure 2027 and 2028 expectations.

November 10 is the next checkpoint

Yahoo Finance lists November 10, 2026 as K+S's next earnings date. That report will test whether the higher EBITDA range is translating into sustained quarterly earnings momentum.

Stock stays below the analyst average

K+S was last at EUR 15.17 on Xetra on October 2, 2026 at 5:35 p.m. CEST, with a market capitalization of EUR 2.7 billion as of October 1, 2026. The EUR 16.74 consensus target stands 10.35 percent above that reference price.