Renta 4 raises target for Acerinox stock to EUR 22.80
Published on 10/06/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Acerinox stock (ISIN ES0132105018) was trading at EUR 17.14 at Lang & Schwarz on October 6, 2026 at 3:31 p.m. CEST, down 1.04 percent versus the prior close of EUR 17.32. According to Estrategias de Inversion on October 5, 2026, Renta 4 raised its Acerinox target from EUR 20.00 to EUR 22.80 and reiterated its Overweight recommendation.
Target rises to EUR 22.80
The new target lies 33.02 percent above the Lang & Schwarz price of EUR 17.14. Renta 4 based its central scenario on a recovery extending into 2027, while assigning a 75 percent probability to that scenario and 25 percent to a weaker outcome, according to Estrategias de Inversion.
Renta 4 estimates EBITDA at EUR 628.8 million for 2026 and EUR 842.6 million for 2027, an increase of 34.00 percent. The forecast also puts 2026 net income at EUR 241.4 million, compared with a EUR 40.1 million loss in 2025.
First-half profit turns positive
Acerinox reported EUR 77.0 million of net income in the first half of 2026, compared with a EUR 18.0 million loss in the same period of 2025. EBITDA reached EUR 271.0 million, up 27.00 percent from the first half of 2025, according to Estrategias de Inversion.
The operating recovery matters because the company combines stainless steel with high-performance alloys. Acerinox is listed as ACX.MC on BME under the supplied ISIN, with Basic Materials as its sector and Steel as its industry, according to Global Banking and Finance Review.
October 30 results set next test
Acerinox is scheduled to publish third-quarter results on October 30, 2026, before the market opens. Renta 4 expects third-quarter EBITDA of EUR 189.5 million, which would be 75.50 percent above the same period of 2025 and 7.70 percent above the second quarter, according to Estrategias de Inversion. Deutsche Bank, meanwhile, expects EUR 186.0 million of third-quarter EBITDA and points to weak underlying demand in several end markets, according to Bolsamania on October 5, 2026.
Stock sits 7.75 percent below high
The Lang & Schwarz price of EUR 17.14 sits 7.75 percent below the 52-week high of EUR 18.58 and above the 52-week low of EUR 11.03, both as of October 6, 2026. Market capitalization stood at EUR 4.3 billion on the same date.
The further course of trading is shown by the continuously updated real-time quote of Acerinox stock.
Acerinox stock facts
- Company: Acerinox, S.A.
- ISIN: ES0132105018
- Ticker: ACX.MC
- Primary exchange: BME
- Price Lang & Schwarz as of October 6, 2026 at 3:31 p.m. CEST: EUR 17.14
- Change versus prior close: minus 1.04 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 17.32
- Market capitalization: EUR 4.3 billion (as of October 6, 2026)
- 52-week range: EUR 11.03-EUR 18.58 (as of October 6, 2026)
- Sector / Industry: Basic Materials / Steel
- Index membership: Ibex 35
- Next earnings date: October 30, 2026
