mwb research keeps EUR 93 target for KWS Saat stock

Published on 10/05/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 3.00 percent in fiscal 2025/2026. KWS Saat stock costs EUR 66.50 on October 5, 2026 after EUR 66.55, minus 0.08 percent.

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KWS Saat stock was trading at EUR 66.50 at Lang & Schwarz on October 5, 2026 at 10:43 a.m. CEST, down 0.08 percent from the prior close of EUR 66.55. FinanzNachrichten.de reported on September 30, 2026 that mwb research kept its Buy rating and EUR 93.00 price target. The target lies 39.85 percent above the Lang & Schwarz price.

Analyst sees vegetables as growth driver

The mwb research view followed a management dinner in Amsterdam and a KWS vegetables seminar in Andijk, according to the September 30 report. The research note highlighted five new vegetable varieties planned for the following year and described the segment as a potential long-term growth driver.

The analyst case combines a 3.00 to 5.00 percent medium-term organic growth ambition with an EBITDA margin target of 19.00 to 21.00 percent. That framework gives the EUR 93.00 target a clear operating benchmark, while the share price remains EUR 26.50 below the target in absolute terms.

Fiscal results set a tougher baseline

KWS reported on September 23, 2026 that revenue fell 3.00 percent to EUR 1.6268 billion in fiscal 2025/2026, from EUR 1.6766 billion in fiscal 2024/2025. EBITDA declined 2.10 percent to EUR 343.1 million, while the EBITDA margin increased to 21.10 percent from 20.90 percent.

The company also reported adjusted EBITDA of EUR 314.1 million and adjusted EBITDA margin of 19.30 percent in fiscal 2025/2026 after special effects. Free cash flow was EUR 122.5 million, and net debt fell to EUR 8.7 million from EUR 61.6 million, leaving the balance sheet as a counterweight to the revenue decline.

Stock remains above yearly low

The Lang & Schwarz price of EUR 66.50 stood 7.09 percent above the 52-week low of EUR 62.10 and below the 52-week high of EUR 80.60, both dated October 5, 2026. KWS also plans to propose a EUR 1.30 dividend per share at its December 1, 2026 annual meeting, compared with EUR 1.25 for fiscal 2024/2025.

The further course of trading is shown by the continuously updated real-time quote of KWS Saat stock.