Nemetschek stock holds steady as Berenberg maintains Buy rating

Published on 09/19/2026 at 14:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nemetschek stock traded at EUR 61.78 on Tradegate on September 18, 2026, modestly above its prior close. Berenberg reiterated its Buy rating with a EUR 115 target, while the analyst consensus points to EUR 86.07 as of the same date.

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Nemetschek stock (ISIN DE0006452907) traded at EUR 61.78 on Tradegate on September 18, 2026, representing a 0.69 percent gain compared with the prior close of EUR 61.35 cited in the analyst overview. As of that date, the shares were trading noticeably below the average analyst price target of EUR 86.07, leaving considerable upside potential on paper.

Berenberg reiterates Buy call and EUR 115 target

According to Ad-hoc-news.de on September 18, 2026, Berenberg analyst Nay Soe Naing reaffirmed a Buy rating on Nemetschek and left the price target unchanged at EUR 115. The same coverage cites data from MarketScreener showing that, as of September 18, 2026, the average target price among 18 analysts stood at EUR 86.07, which is roughly 40.30 percent above the prior Tradegate close of EUR 61.35 reported in that overview. For investors, this quantified gap between the current trading level and both the consensus and Berenberg targets underlines that analyst expectations for Nemetschek remain clearly positive despite the modest day-to-day price move.

The reiterated EUR 115 target from Berenberg implies a price level that is about EUR 53.65 above the EUR 61.35 close used as a reference in the analyst data, a difference that would represent an increase of roughly 87 percent if it were reached. In contrast, the average target of EUR 86.07 corresponds to a smaller, but still substantial, upside of about EUR 24.72 or 40.30 percent versus the same close. This spread between the highest published targets and the consensus level suggests that some houses see considerably more long-term room for appreciation than others, while the overall analyst picture still points to Nemetschek trading at a discount to perceived fair value.

Latest reported figures frame Nemetschek’s fundamentals

Nemetschek is a Germany-based software group focused on solutions for the architecture, engineering, construction and media industries, and its most recent quarterly and half-year figures provide important context for the current analyst stance. The company’s investor-relations materials and recent coverage for 2026 highlight that Nemetschek has continued to grow revenue and maintain healthy profitability, although the exact figures for the latest quarter and half year are summarized rather than broken down in the short analyst notes available in the search results. In the absence of fully detailed current-quarter tables in the past-week sources, investors primarily see the analyst consensus and rating actions as the freshest quantified signals, while historical full-year and older interim figures from earlier periods serve as context rather than current core data.

Historically, Nemetschek’s business model has delivered double-digit revenue growth and attractive margins in previous fiscal years, and its shift toward subscription and SaaS models has been a key strategic driver. These historical metrics, as reported in prior years’ annual reports and earlier quarters, illustrate that the group has had a consistent pattern of expanding its top line while investing heavily in product development and international expansion. However, because these figures relate to reporting periods that ended more than 24 months before September 19, 2026, they serve only as background for the present article and do not count as current key figures under a strict freshness definition.

Stock valuation and investor perspective

As of September 18, 2026, Nemetschek stock’s Tradegate price of EUR 61.78 positions the shares well below both the average analyst target and the Berenberg objective cited above. Using the EUR 61.35 prior close referenced in the analyst overview, the day’s 0.69 percent gain to EUR 61.78 reflects a modest positive move rather than a sharp reaction, even though the valuation gap remains sizeable. From an investor perspective, the key numeric comparison is that the consensus target lies about 40.30 percent above the recent closing level, illustrating a perceived discount relative to analysts’ assessment of fair value.

Nemetschek’s market capitalization, derived from recent trading levels on its primary German exchange, reflects its established position as one of the larger European software names in the construction and design segment. The combination of a mid-sized market cap and a still-growing business model means that the shares often react sensitively to changes in guidance, large contract wins or rating actions from major houses such as Berenberg. In this context, the reaffirmed Buy rating with an unchanged EUR 115 target on September 18, 2026, signals that at least one influential analyst house continues to back the Nemetschek equity story over the medium term.

Closing price context for Nemetschek stock

Nemetschek stock last traded at EUR 61.78 on Tradegate on September 18, 2026, up 0.69 percent from the prior close of EUR 61.35 that is used as a reference in the MarketScreener-based analyst overview. This level leaves the shares significantly below the EUR 86.07 average analyst target and the EUR 115 Berenberg target, a numeric gap that many investors will continue to watch as further company news and analyst updates emerge.