MPCM cuts KION target to EUR 58: KION stock trades 1.00 percent above Xetra close

Published on 10/13/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 3.50 percent to EUR 5.69 billion in the first half of 2026. KION stock costs EUR 34.19 on October 13, 2026 versus Xetra's EUR 33.85.

MPCM cut KION's price target from EUR 61.00 to EUR 58.00 on October 7, 2026, while retaining its Buy rating.
KION's first-half 2026 revenue rose 3.50 percent to EUR 5.69 billion.
KION stock was trading at EUR 34.19 at Lang & Schwarz on October 13, 2026, 1.00 percent above the October 12 Xetra close of EUR 33.85.
The stock's 52-week range was EUR 32.70 to EUR 70.45, with market capitalization of EUR 4.5 billion.

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KION (ISIN DE000KGX8881) was trading at EUR 34.19 at Lang & Schwarz on October 13, 2026 at 9:33 a.m. CEST, 1.00 percent above the Xetra close of October 12, 2026 at EUR 33.85. On October 7, 2026, FinanzNachrichten reported that MPCM cut its KION target from EUR 61.00 to EUR 58.00 while retaining its Buy rating. The latest target reduction leaves the analyst view positive but sets a lower valuation reference for KION stock.

Three target cuts set the tone

On October 2, 2026, FinanzNachrichten reported that JPMorgan reduced its KION target from EUR 70.00 to EUR 60.00 and kept an Overweight rating. On October 5, 2026, FinanzNachrichten reported that mwb research cut its target from EUR 55.00 to EUR 51.00 while maintaining a Buy rating. The October 7 MPCM decision is the most recent of the three dated target changes.

What does the target cut mean?

The target of EUR 58.00 stands 69.64 percent above the Lang & Schwarz price of EUR 34.19, using the same euro currency. That gap is a valuation comparison, not a forecast by this article. MPCM said a strong fourth quarter would be needed for KION to reach its annual goals, placing execution ahead of the rating label.

KION's operating picture combines improvement and pressure. According to Aktien-Global on September 14, 2026, revenue increased 3.50 percent to EUR 5.69 billion in the first half of 2026, while adjusted EBIT reached EUR 429.60 million. The same report said order intake declined to EUR 5.8 billion from EUR 6.2 billion in the first half of 2025, creating a quantified counterweight to the revenue increase.

KION describes its business as a combination of material handling and integrated intralogistics solutions, with recurring service activity and investment in automation and software, according to its Investor Relations page. The model gives the company exposure to warehouse automation, while the analyst notes show that order intake and the Industrial Trucks and Services segment remain important for the next earnings assessment.

October 29 earnings date matters

The mwb research note dated October 5, 2026, points to October 29, 2026, for reported earnings per share. That date makes the third-quarter figures the next concrete test for the recovery described in the recent analyst notes.

KION stock at EUR 34.19

KION stock was trading at EUR 34.19 at Lang & Schwarz on October 13, 2026 at 9:33 a.m. CEST, 1.00 percent above the Xetra close of October 12, 2026 at EUR 33.85. The 52-week range was EUR 32.70 to EUR 70.45, and market capitalization was EUR 4.5 billion as of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of KION stock.