Raiffeisen Research cuts target for Porr stock to EUR 36.00

Published on 10/13/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 2.93 billion in the first half of 2026. Porr stock costs EUR 30.45 on October 13, 2026, plus 0.33 percent versus the Xetra close.

Raiffeisen Research cut its Porr target from EUR 45.00 to EUR 36.00 and upgraded the stock to Buy on October 6, 2026.
First-half 2026 revenue reached EUR 2.93 billion, while EBIT rose 15.60 percent year over year.
Porr stock was EUR 30.45 at Lang & Schwarz on October 13, 2026 at 1:30 p.m. CEST, plus 0.33 percent versus the Xetra close of October 12, 2026.
Porr's next scheduled earnings release is November 18, 2026.

Porr, AT0000609607, Illustration mit AI erstellt.

Raiffeisen Research upgraded Porr from Hold to Buy and cut its price target from EUR 45.00 to EUR 36.00 on October 6, 2026, according to Boerse Social. The revised target lies 18.23 percent above the EUR 30.45 Lang & Schwarz price on October 13, 2026 at 1:30 p.m. CEST, which was 0.33 percent above the Xetra close of October 12, 2026 at EUR 30.35.

Revenue reaches EUR 2.93 billion

Porr reported first-half 2026 revenue of EUR 2.93 billion, while EBIT increased 15.60 percent year over year to EUR 56.30 million, according to CIJ World on September 23, 2026. Pre-tax profit rose 26.80 percent to EUR 49.20 million in the same period, giving the analyst upgrade a stronger operating backdrop.

Stock remains below its yearly high

The stock's Vienna quotation stood within a EUR 25.30 to EUR 46.55 52-week range on October 13, 2026. At EUR 30.45, Porr was 34.59 percent below the 52-week high, while volume reached 21,017 shares against an average of 60,004 shares.

Porr's valuation was EUR 1.2 billion in market capitalization, with a P/E ratio of 9.65 on October 13, 2026. The combination of a lower target and a Buy upgrade matters because Raiffeisen Research cited higher infrastructure exposure, improved project selection and a potential normalization of working capital, while also flagging weak cash conversion, higher net debt and dilution risk.

Results date set for November 18

The next scheduled earnings release is November 18, 2026, according to MarketScreener. That date gives the market a defined point for testing whether first-half growth and the improved margin profile are continuing into the second half.

Comparison with peers

Porr: plus 0.33 percent, P/E 9.65, market capitalization EUR 1.2 billion

Strabag (Vienna Stock Exchange, EUR): minus 0.58 percent, P/E 12.55, market capitalization EUR 11.8 billion

Wienerberger (Vienna Stock Exchange, EUR): minus 0.33 percent, P/E 26.84, market capitalization EUR 1.7 billion

Price holds above the Xetra close

Porr was trading at EUR 30.45 at Lang & Schwarz on October 13, 2026 at 1:30 p.m. CEST, plus 0.33 percent versus the Xetra close of October 12, 2026 at EUR 30.35. The further course of trading is shown by the continuously updated real-time quote of Porr stock.