Krones stock stays near its 52-week low as targets diverge

Published on 10/04/2026 at 19:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Krones stock was last at EUR 105.20 on October 2, 2026, close to its 52-week low. Kepler Cheuvreux moved its rating to Hold with a EUR 105 target.

Bauhaus-Poster mit geometrischen Formen, Zahnrädern und Förderband sowie dem Wort Maschinenbau — Bauhaus-Poster repräsentiert Krones AG DE0006335003 mit geometrischen Formen, Zahnrädern und Förderband sowie großem Schriftzug Maschinenbau, Illustration mit AI erstellt.

Krones stock (ISIN DE0006335003) was last at EUR 105.20 on Xetra on October 2, 2026, 1.35 percent above its 52-week low of EUR 103.80 and 27.05 percent below its 52-week high of EUR 144.20. The latest analyst shift came on September 28, 2026, when Kepler Cheuvreux raised its rating from Reduce to Hold and set a EUR 105 price target, according to Aktiencheck.

Analyst targets meet cautious signals

Kepler's EUR 105 target is 0.19 percent below the EUR 105.20 Xetra price, leaving the revised Hold rating close to market value rather than signaling a large valuation reset. The move followed a decline of more than 20 percent in 2026, as reported by FinanzNachrichten on September 28, 2026.

The broader analyst picture is more optimistic. MarketScreener lists an Outperform mean consensus from 10 analysts and an average 12-month target of EUR 147.90, which is 40.59 percent above the October 2 price. Bernstein initiated coverage with Market-Perform and a EUR 111 target on September 22, 2026, citing a more cautious revenue and order outlook for 2027.

Orders improved as revenue held steady

Krones' first-half 2026 order intake rose 4.5 percent to EUR 2,852.5 million from EUR 2,730.4 million a year earlier, while the order backlog increased 3.3 percent to EUR 4,328.0 million at the end of June. Those figures point to stronger bookings even as reported revenue reached EUR 2,714.9 million, compared with EUR 2,726.5 million in the first half of 2025, according to Packaging News Daily.

Profitability provided the clearer positive comparison: first-half EBITDA rose to EUR 292.9 million from EUR 288.5 million, lifting the margin from 10.6 percent to 10.8 percent. Krones also confirmed its 2026 EBITDA margin guidance of 10.7 percent to 11.1 percent, keeping execution and customer investment in Asia Pacific central to the next valuation debate.

Stock remains close to yearly low

Krones was last at EUR 105.20 on Xetra on October 2, 2026 at 5:35 p.m. CEST, after trading between EUR 104.80 and EUR 106.40; the session change was plus 0.57 percent. The market capitalization was EUR 3.3 billion and volume was 37,302 shares on the same date.