Krones stock: Bernstein keeps EUR 111.00 target for Krones stock

Published on 10/20/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 1.47 percent to EUR 1.34 billion. Krones stock costs EUR 112.90 on October 20, 2026, plus 0.27 percent versus the Xetra close.

Bernstein keeps EUR 111.00 target

Bernstein Research maintained its EUR 111.00 target and Market-Perform rating on October 19, 2026.
Krones reported EUR 1.34 billion in second-quarter revenue, up 1.47 percent year over year.
Krones stock costs EUR 112.90 at Lang & Schwarz on October 20, 2026 at 4:36 p.m. CEST, plus 0.27 percent versus the Xetra close of October 19, 2026.
Third-quarter results are scheduled for November 5, 2026.

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On October 19, 2026, Bernstein Research kept its Market-Perform rating and EUR 111.00 target for Krones, according to Boerse.de. The target is 1.68 percent below the Lang & Schwarz price. At Lang & Schwarz on October 20, 2026 at 4:36 p.m. CEST, Krones stock was trading at EUR 112.90, plus 0.27 percent versus the Xetra close of October 19, 2026 at EUR 112.60.

Revenue growth stays modest

The latest operating picture combines steady profitability with restrained expansion. Boerse Express reported on October 20, 2026 that Krones generated EUR 1.34 billion in second-quarter 2026 revenue, up 1.47 percent from EUR 1.32 billion in the prior-year quarter. Earnings per share increased from EUR 2.21 to EUR 2.23 over the same period. Bernstein's estimate for earnings per share is 6.00 percent below the analyst consensus.

Price sits below its yearly high

The share price remains 21.03 percent below the EUR 142.60 52-week high and 9.40 percent above the EUR 103.20 low, based on the October 20, 2026 market range. The EUR 3.6 billion market capitalization and a P/E ratio of 12.17 place the valuation below the level implied by Bernstein's target. Trading volume stood at 10,341 shares at 4:27 p.m. CEST on October 20, 2026.

What does the EUR 111.00 target imply?

Bernstein's unchanged target points to a cautious near-term view rather than a new valuation reset. The analyst expects a weak quarter because of slower order growth, while its revenue and order-intake forecasts remain close to consensus, according to Boerse.de. The next concrete test is the third-quarter release scheduled for November 5, 2026, as listed by MarketScreener.

Dates and valuation guide the next move

For investors, the upcoming report matters because the current valuation already reflects a meaningful difference between the market price and the EUR 111.00 Bernstein target. Krones also carries a 2026 full-year earnings-per-share consensus of EUR 10.11 and a projected dividend of EUR 3.08 per share, compared with EUR 2.80 for fiscal year 2025, according to Boerse Express.

Krones stock after the Xetra session

The combination of modest second-quarter growth, a neutral Bernstein stance and the November reporting date leaves the next earnings release as the clearest dated valuation test. Krones was trading at EUR 112.90 at Lang & Schwarz on October 20, 2026 at 4:36 p.m. CEST, plus 0.27 percent versus the Xetra close of October 19, 2026 at EUR 112.60. The further course of trading is shown by the continuously updated real-time quote of Krones stock.