Nemetschek stock gained 0.74 percent on October 2

Published on 10/04/2026 at 21:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nemetschek stock generated EUR 640.7 million in H1 2026 revenue, while Q2 net income reached EUR 66.0 million. Analysts target EUR 86.191 on average.

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Nemetschek stock (ISIN DE0006452907) gained 0.74 percent to EUR 61.450 on Xetra on October 2, 2026, while the 52-week range extended from EUR 50.450 to EUR 112.100. The latest operating figures keep the growth story tied to subscription revenue, HCSS integration and the company's 2026 margin target.

Half-year revenue reaches EUR 640.7 million

Nemetschek reported H1 2026 revenue of EUR 640.7 million and Q2 net income of EUR 66.0 million, according to Börse Express. The same H1 update showed subscription and software-as-a-service revenue increasing 29.6 percent to 80 percent of total revenue, giving recurring sales a larger role in the earnings profile.

Management retained its 2026 organic revenue-growth target of 14 percent to 15 percent and an EBITDA margin corridor of 32 percent to 33 percent, as reported by Börse Express. The comparison investors need is clear: the H1 revenue base is already paired with a double-digit organic growth target, but the margin target leaves less room for integration costs.

Analysts keep targets above the price

Berenberg kept a Buy rating and a EUR 115 price target in its September 25, 2026 assessment, according to FinanzNachrichten. Deutsche Bank Research had raised its target from EUR 75 to EUR 80 while retaining Buy on September 7, 2026, as FinanzNachrichten reported.

The published consensus is less concentrated than the single-house targets. Investing.com lists 18 analysts, with 14 Buy ratings, 3 Holds and 1 Sell. Its average 12-month target is EUR 86.191, with a high of EUR 115 and a low of EUR 52; the average target lies 40.26 percent above the October 2 price.

November 5 brings the next test

Nemetschek's next scheduled reporting date is November 5, 2026, when the company plans to publish its Q3 2026 quarterly update, according to the Nemetschek investor-relations calendar. That release should provide the next measurable checkpoint for HCSS integration, recurring revenue and the 32 percent to 33 percent EBITDA target.

Nemetschek stock stays below its yearly high

Nemetschek stock closed at EUR 61.450 on Xetra on October 2, 2026, with a daily range of EUR 61.000 to EUR 62.050 and market capitalization of EUR 7.1 billion. The close was 45.18 percent below the 52-week high of EUR 112.100, leaving operating execution and the November reporting date as the key reference points for the next valuation move.