RBC upgrades OMV stock and raises target to EUR 70.00

Published on 10/07/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached EUR 529.0 million, up 434.34 percent. OMV stock costs EUR 71.83 on October 7, 2026 after EUR 71.50.

OMV, AT0000743059, Illustration mit AI erstellt.

OMV (ISIN AT0000743059) was trading at EUR 71.83 at Lang & Schwarz on October 7, 2026 at 9:14 a.m. CEST, up EUR 0.33 or 0.46 percent versus the prior close of EUR 71.50. The latest analyst action came from RBC on October 6, 2026, which upgraded OMV from Underperform to Sector Perform and raised its price target from EUR 65.00 to EUR 70.00, according to finanzen.at.

RBC resets the valuation bar

RBC's EUR 70.00 target is EUR 1.83 below the Lang & Schwarz price, a 2.55 percent gap based on the October 7, 2026 quotation. The revised rating therefore recognizes the share's advance while keeping the target below the live euro reference price.

The same RBC note forecasts earnings per share of EUR 11.06 for fiscal year 2026 and a dividend of EUR 4.60 per share, according to finanzen.at. Those estimates give the rating change a concrete earnings and shareholder-return frame rather than making it solely a reaction to the share price.

Second-quarter earnings sharpen the picture

OMV reported EUR 7.86 billion of revenue in the second quarter of 2026, up 40.00 percent from EUR 5.63 billion a year earlier. Net income reached EUR 529.0 million, up 434.34 percent from EUR 99.0 million, while earnings per share rose to EUR 1.62 from EUR 0.30, according to Simply Wall St.

For investors, the comparison is important because the revenue increase and the much larger net income base arrived before the next scheduled reporting date. Simply Wall St lists October 29, 2026 as OMV's next earnings date, giving the market a defined checkpoint for testing the current estimates.

OMV stock remains near its yearly high

OMV's market capitalization stood at EUR 23.4 billion on October 7, 2026. The company operates across integrated energy and chemicals activities, including exploration and production, refining and marketing, and chemicals and materials.

At Lang & Schwarz, OMV stock was trading at EUR 71.83 on October 7, 2026 at 9:14 a.m. CEST, plus 0.46 percent versus the prior close of EUR 71.50. The further course of trading is shown by the continuously updated real-time quote of OMV stock.