Schindler stock falls 1.68 percent before October results

Published on 09/30/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schindler stock faces a Goldman Sachs target cut from CHF 286.00 to CHF 233.00. First-half revenue reached CHF 5.329 billion, up 1.40 percent in local currencies.

Glasaufzug mit Rolltreppen in hellem Atrium eines modernen Bürogebäudes — Schindler Holding AG (ISIN CH0024638196) zeigt gläsernen Aufzugschacht mit Rolltreppen in modernem Bürogebäude-Atrium, Illustration mit AI erstellt.

Schindler stock (ISIN CH0024638196) fell to EUR 275.50 at Lang & Schwarz on September 30, 2026, down 1.68 percent from the prior close of EUR 280.20. The move comes as investors weigh slower growth expectations against the elevator maker's latest operating figures and upcoming results.

First-half revenue rose 1.40 percent

According to Schindler Group, the interim report as of June 30, 2026 showed first-half order intake of CHF 5.794 billion and revenue of CHF 5.329 billion. Order intake increased 2.90 percent in local currencies, while revenue grew 1.40 percent.

The comparison points to a clear split in the business: orders expanded faster than sales during the first six months. That gap makes the conversion of new demand into recognized revenue an important test for the second half.

Goldman Sachs cuts target to CHF 233.00

As Investing.com reports, Goldman Sachs downgraded Schindler from Neutral to Sell and reduced its 12-month price target from CHF 286.00 to CHF 233.00. The bank cited weaker organic sales growth, currency headwinds and continuing weakness in China, while cutting its 2026 sales estimate by 2.00 percent.

The analyst view contrasts with Schindler's operating momentum in orders. It also puts greater weight on the pace of modernization and service growth, where the company has more recurring revenue exposure than in new installations.

October results set the next checkpoint

finanzen.ch reports that Schindler's third-quarter 2026 figures are expected on October 22, 2026. The company has also scheduled its Capital Markets Day for November 19, 2026, according to its investor-relations calendar.

For investors, the next report will show whether the 1.40 percent first-half revenue growth can improve while order intake remains ahead at 2.90 percent. The share's CHF 246.60 to CHF 315.80 52-week range leaves the current SIX quote closer to the lower end than the February high.

Schindler stock trades lower in trading

Schindler stock was trading at EUR 275.50 at Lang & Schwarz on September 30, 2026 at 3:04 p.m. CEST, down 1.68 percent versus the Lang & Schwarz prior close of EUR 280.20 on September 29, 2026. On the SIX Swiss Exchange, the participation certificate was at CHF 260.80 at 2:54 p.m. CEST, while market capitalization stood at CHF 27.8 billion on September 30, 2026.