MPCM cut Krones target to EUR 177. Krones stock trades 2.58 percent higher

Published on 10/16/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half order intake reached EUR 2.85 billion, up 4.50 percent year over year. Krones stock costs EUR 111.40 on October 16, 2026 versus the EUR 108.60 Xetra close.

Analyst target and reporting date

MPCM cut its Krones target from EUR 191.00 to EUR 177.00 on October 14, 2026.
First-half 2026 order intake reached EUR 2.85 billion, up 4.50 percent year over year.
Krones stock trades at EUR 111.40 at 9:37 a.m. CEST at Lang & Schwarz on October 16, 2026, 2.58 percent above the Xetra close of October 15, 2026.
Krones is scheduled to publish its third-quarter 2026 results on November 6, 2026.

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Krones (ISIN DE0006335003) trades at EUR 111.40 at Lang & Schwarz on October 16, 2026, at 9:37 a.m. CEST, 2.58 percent above the Xetra close of October 15, 2026 at EUR 108.60. The move follows a fresh analyst reassessment that kept a bullish rating but lowered the price target.

According to Borse Express on October 14, 2026, MPCM reduced its target for Krones from EUR 191.00 to EUR 177.00 while retaining its Buy rating. The analyst cited delayed customer projects and lower expected conversion of the existing order book.

Order intake keeps the case intact

First-half 2026 order intake rose 4.50 percent to EUR 2,852.50 million from EUR 2,730.40 million a year earlier, while the order backlog reached EUR 4,328.00 million at the end of June. Packaging News Daily reported that the first-half EBITDA margin improved to 10.80 percent from 10.60 percent, and Krones confirmed a full-year 2026 EBITDA margin target of 10.70 percent to 11.10 percent.

Three dates frame the next move

The recent chronology shows a measurable operating base. On July 29, 2026, first-half order intake stood at EUR 2,852.50 million, according to Packaging News Daily; on September 18, 2026, Krones was reported to have opened production at an Indian plant with investment of USD 32.90 million; on October 14, 2026, MPCM cut its target to EUR 177.00, as Borse Express reported.

What does the target cut mean?

The target reduction matters because it lowers the valuation reference by EUR 14.00, or 7.33 percent, while the Buy rating remains in place. A second view is more cautious: Aktiencheck reported on October 15, 2026, that Bernstein kept Krones at Market-Perform with a EUR 111.00 target.

The next scheduled date is November 6, 2026, when Krones is expected to publish its third-quarter 2026 results. That report will provide the next company-specific test of project conversion, revenue development and profitability.

The next test is November 6

Krones remains above the previous Xetra close while the latest analyst signals point in different directions. The combination of a 2.58 percent market gain, a EUR 177.00 revised target and the November 6 reporting date puts project execution at the center of the next assessment. The further course of trading is shown by the continuously updated real-time quote of Krones stock.