KION stock falls 2.43 percent as Q3 risks weigh

Published on 10/07/2026 at 14:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KION stock traded at EUR 34.89 on Xetra on October 7, 2026, while first-half revenue rose 3.5 percent to EUR 5.687 billion. Deutsche Bank kept Buy and cut its target to EUR 60.

Makroaufnahme von Stahlketten und Hydraulikzylinder mit Öltropfen — KION Group (DE000KGX8881) zoomt makrofotografisch auf Stahlketten und Hydraulikzylinder eines typischen Maschinenbau-Bauteils, Illustration mit AI erstellt.

KION stock was last at EUR 34.89 on Xetra on October 7, 2026, down 2.43 percent from the previous close. The move keeps attention on the company's weaker third-quarter signals and the next test for its earnings recovery.

Third-quarter margins face pressure

As Investing.com reported on October 2, 2026, KION indicated that third-quarter adjusted EBIT would be 7 percent below analyst expectations. The company pointed to weaker profitability in Industrial Trucks and Services and higher corporate costs.

The same update put warehouse-automation orders in the IAS segment flat year over year and 15 percent below consensus estimates. That split matters because KION's recovery depends on both truck margins and renewed demand for automated warehouse systems.

First-half growth remains visible

In the first half of 2026, revenue rose 3.5 percent to EUR 5.687 billion, while adjusted EBIT increased 12 percent to EUR 429.6 million, according to FinanzNachrichten in its September 14, 2026 report. The figures show that earnings growth was stronger than sales growth before the third-quarter slowdown emerged.

The order book is the counterweight. The same report said first-half order intake fell to EUR 5.8 billion from EUR 6.2 billion in the first half of 2025, making future revenue conversion the key operating issue.

Analyst targets stay above the price

wallstreetONLINE reported on October 5, 2026, that Deutsche Bank Research cut its KION target from EUR 63 to EUR 60 while keeping its Buy rating. The report also listed six analysts with an average target of EUR 60.50, a low of EUR 47 and a high of EUR 70.

At EUR 34.89, the average target lies 73.4 percent above the Xetra price. That comparison describes the spread between current trading and published estimates, not a guaranteed return.

MarketScreener lists October 29, 2026, for KION's third-quarter results. That release should clarify whether the weaker order trend is temporary or is extending the recovery timeline.

Stock sits near its yearly low

KION's October 7 price stood EUR 0.21 above the 52-week low of EUR 34.68 and EUR 35.56 below the 52-week high of EUR 70.45. Market capitalization was EUR 4.6 billion and trading volume was 131,719 shares at the same intraday update.