Kone stock trades 19.25 percent below its 52-week high of EUR 64.42

Published on 09/25/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kone stock reported EUR 2.94 billion in Q2 2026 revenue on July 22. Orders rose 10.9 percent, while full-year adjusted EBIT margin guidance stayed at 12.3-13 percent.

Gläserne Aufzugskabine in modernem Bürohochhaus mit Blick auf mehrere Stockwerke — Kone Oyj (ISIN FI0009013403) fertigt Aufzüge, die moderne Bürogebäude mit gläsernen Atrien erschließen weltweit, Illustration mit AI erstellt.

Kone (ISIN FI0009013403) stock was trading at EUR 52.04 on Nasdaq Helsinki on September 25, 2026, 19.25 percent below its 52-week high of EUR 64.42. The share price was EUR 0.90 above the previous close of EUR 51.14, a daily gain of 1.76 percent.

Takeover review sets the backdrop

The latest market focus is Kone's planned combination with TK Elevator. On September 22, 2026, the UK Competition and Markets Authority invited views on the transaction and said the formal phase 1 investigation had not yet started, according to GOV.UK.

The transaction would combine Kone with TK Elevator in the elevator and escalator industry. The CMA process adds a regulatory checkpoint to a deal that Kone management has linked to a EUR 700 million cost synergy target, as reported in the Q2 2026 earnings summary on Investing.com.

Q2 orders grew 10.9 percent

Kone published its Q2 2026 results on July 22, 2026, according to its investor page. Revenue reached EUR 2.94 billion, while orders increased 10.9 percent and comparable sales rose 3.4 percent, according to Investing.com.

Management maintained full-year guidance for 3-6 percent sales growth and a 12.3-13 percent adjusted EBIT margin. The same Q2 summary put service growth at 5.6 percent and modernization growth at 6.7 percent, giving investors two operating areas that outpaced the broader comparable-sales increase.

Analyst target remains above price

The analyst picture is mixed but still points above the current Helsinki quotation. Bernstein cut its price target from EUR 70 to EUR 60 on August 13, 2026, while reiterating an Outperform rating, according to MarketScreener.

The average 12-month target shown for Kone was EUR 59.98. That level stands 15.26 percent above the EUR 52.04 share price, while the current quotation remains 19.25 percent below the 52-week high, keeping valuation expectations and regulatory execution central to the investment case.

Kone stock gains 1.76 percent

Kone stock was trading at EUR 52.04 on Nasdaq Helsinki on September 25, 2026, with a day range of EUR 51.32 to EUR 52.10 and volume of 34,120 shares. Market capitalization stood at EUR 26.99 billion, while the 52-week range was EUR 46.22 to EUR 64.42.