KION stock fell 7.68 percent after a Q3 profit warning
Published on 10/04/2026 at 21:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
KION stock (ISIN DE000KGX8881) was last at EUR 35.81 on Xetra on October 2, 2026 at 5:35 p.m. CEST, down 7.68 percent from the previous session. Investing.com reported that KION indicated adjusted EBIT for the third quarter would come in 7 percent below analyst expectations.
Q3 pressure hits industrial trucks
The warning centered on weaker profitability in KION's Industrial Trucks & Services division and higher corporate costs, according to Investing.com on October 2, 2026. In Intelligent Automation Solutions, orders were guided to remain flat year over year, 15 percent below consensus estimates.
The market reaction was severe: KION traded between EUR 35.16 and EUR 39.82 on October 2, 2026, while volume reached 1,438,210 shares. The stock's market capitalization stood at EUR 4.7 billion, and its 52-week range was EUR 35.16 to EUR 70.45.
First-half growth meets lower orders
KION's first-half 2026 revenue increased 3.5 percent to EUR 5,687 million, while adjusted EBIT rose 12 percent to EUR 429.6 million, according to Aktien-Global in its September 14, 2026 analysis. Order intake moved in the opposite direction, falling to EUR 5.8 billion from EUR 6.2 billion in the first half of 2025.
The same report said KION narrowed its full-year revenue outlook to EUR 11.5 billion to EUR 12.0 billion from EUR 11.4 billion to EUR 12.3 billion. Adjusted EBIT guidance was set at EUR 880 million to EUR 980 million, compared with the earlier EUR 850 million to EUR 1.04 billion range.
JPMorgan lowers target to EUR 60
JPMorgan cut its KION price target from EUR 70 to EUR 60 and kept its Overweight rating on October 2, 2026, according to FinanzNachrichten. The bank cited a later recovery in Industrial Trucks & Services and higher growth risks in Supply Chain Solutions, while also anticipating a lower full-year operating profit target.
Zonebourse lists an average analyst rating of Buy from 15 analysts and an average price target of EUR 57.87. Against the EUR 35.81 Xetra price on October 2, 2026, that consensus target lies 61.6 percent above the share price, according to Zonebourse.
Q3 results set for October 29
KION is scheduled to publish its third-quarter 2026 results on October 29, 2026, according to Zonebourse. That report will show whether the lower adjusted EBIT indication translates into a formal change to KION's full-year targets.
KION Group operates in material handling, warehouse technology and supply chain solutions, with Industrial Trucks & Services and Supply Chain Solutions as its main businesses, according to the company's Investor Relations page. For investors, the October 29 figures will connect the Q3 margin warning with the stronger first-half EBIT performance.
Stock stays near its yearly low
KION stock was last at EUR 35.81 on Xetra on October 2, 2026 at 5:35 p.m. CEST, only EUR 0.65 above its 52-week low of EUR 35.16.
KION stock facts
- Company: KION GROUP AG
- ISIN: DE000KGX8881
- WKN: KGX888
- Ticker: KGX
- Trading venue: Xetra
- Price (as of October 2, 2026, 5:35 p.m. CEST): EUR 35.81
- Market capitalization: EUR 4.7 billion (as of October 2, 2026)
- 52-week range: EUR 35.16-EUR 70.45 (as of October 2, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Index membership: MDAX
Upcoming dates for KION stock
- October 29, 2026: Q3 2026 results
