OMV stock gains 2.67 percent after strong second quarter

Published on 10/07/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OMV stock traded at EUR 73 on October 7, 2026, 0.14 percent below its 52-week high. RBC raised its target to EUR 70 from EUR 65 on October 6.

OMV, AT0000743059, Illustration mit AI erstellt.

OMV stock (ISIN AT0000743059) was trading at EUR 73 on the Vienna Stock Exchange on October 7, 2026 at 1:25 p.m. CEST, up 2.67 percent and 0.14 percent below its 52-week high of EUR 73.10. The move comes as the Austrian energy group heads toward its third-quarter trading update, while its second-quarter result remains the latest reported operating milestone.

Second quarter delivered EUR 1.7 billion

OMV's investor page identifies the July 31, 2026 release as reporting a clean CCS Operating Result before special items of EUR 1.7 billion for the second quarter of 2026, giving the stock a current earnings reference beyond the daily price move. OMV lists that result among its latest investor publications.

The operating figure matters because OMV combines upstream energy, fuels and chemicals rather than relying on one earnings stream. A share price only EUR 0.10 below the current 52-week high shows that the market is pricing the reported performance and the expected third-quarter update close to the strongest level of the past year.

RBC raises target but stays below price

RBC Capital Markets upgraded OMV from Underperform to Sector Perform and lifted its price target from EUR 65 to EUR 70 on October 6, 2026. As Investing.com reported, RBC sees refining margins and European gas exposure as support for near-term earnings, while it remains cautious about OMV's Middle East assets and delayed Borouge proceeds.

The analyst action therefore improves the rating without setting a higher valuation threshold than the current market price. RBC's third-quarter net income forecast is EUR 1.315 billion, which the report places 28 percent above Visible Alpha consensus, although Romania's temporary solidarity contribution is expected to offset part of the refining benefit. Investing.com carries the forecast and the October 9 trading-update date.

Consensus remains below the market

A six-house consensus published by Börse Express on October 2, 2026 carried a Sell label, with two Buy, one Hold and three Sell ratings. Its median 12-month target was EUR 60, with a range of EUR 55 to EUR 71, placing the consensus below the EUR 73 market price.

That gap leaves the October 9 update as the next concrete test of the valuation. The market is close to its yearly high, while the published analyst median remains EUR 13 below the October 7 price.

OMV stock holds near yearly high

OMV was last at EUR 73 on the Vienna Stock Exchange on October 7, 2026 at 1:25 p.m. CEST. The 52-week range was EUR 42.90 to EUR 73.10, market capitalization was EUR 23.8 billion, and reported volume was 2,413 shares.