mwb research keeps KWS Saat stock at Buy with EUR 93 target

Published on 10/06/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025/2026 sales fell 3.00 percent to EUR 1.63 billion. KWS Saat stock costs EUR 67.70 on October 6, 2026 after EUR 66.60, plus 1.65 percent.

Schwarzweiß-Reportagefoto eines Agronomen bei der Inspektion von Maisfeldern — KWS SAAT SE DE0007074007 dokumentiert in Schwarzweiß einen Agronomen bei der Feldkontrolle junger Maispflanzen, Illustration mit AI erstellt.

KWS Saat (ISIN DE0007074007) was trading at EUR 67.70 at Lang & Schwarz on October 6, 2026 at 3:08 p.m. CEST, up 1.65 percent from the prior close of EUR 66.60. According to FinanzNachrichten.de on September 30, 2026, mwb research maintained its Buy rating and a EUR 93.00 price target.

Vegetables support the target

The EUR 93.00 target lies 37.37 percent above the Lang & Schwarz price. The research cited a management dinner and a Vegetables Investor and Analyst Seminar, where KWS presented the business as a potential growth driver.

mwb research said KWS is targeting medium-term organic growth of 3.00 to 5.00 percent and an EBITDA margin of 19.00 to 21.00 percent. The analysis also highlighted five new vegetable varieties planned for the following year and an addressable market of EUR 1.40 billion.

Revenue fell but margin held

According to KWS Saat in its fiscal year 2025/2026 investor information dated September 23, 2026, revenue fell 3.00 percent to EUR 1.63 billion from EUR 1.68 billion. Organic revenue declined 1.00 percent, while EBITDA fell 2.10 percent to EUR 343.00 million.

The reported EBITDA margin nevertheless increased to 21.10 percent from 20.90 percent. Adjusted EBITDA was EUR 314.10 million, with an adjusted margin of 19.30 percent after excluding a EUR 29.00 million gain from the sale of North American corn license rights.

Guidance points to recovery

KWS expects comparable revenue growth of 3.00 percent in fiscal 2026/2027 and an EBITDA margin of 19.00 to 20.00 percent, according to the company investor information. Free cash flow stood at EUR 122.50 million in fiscal 2025/2026, while net debt fell to EUR 8.70 million from EUR 61.60 million.

At EUR 67.70, KWS Saat stock stood 15.98 percent below its 52-week high of EUR 80.60 and EUR 5.60 above its 52-week low of EUR 62.10 on October 6, 2026. The market capitalization was EUR 2.20 billion on the same date.

Stock remains below yearly high

KWS Saat was trading at EUR 67.70 at Lang & Schwarz on October 6, 2026 at 3:08 p.m. CEST, plus 1.65 percent versus the prior close of EUR 66.60. The further course of trading is shown by the continuously updated real-time quote of KWS Saat stock.