Technogym plans Hyderabad club: Technogym stock sits 40.65 percent below its high

Published on 10/06/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Hyderabad project includes more than 60 stations with IGYM. Technogym stock costs EUR 12.95 on October 6, 2026 versus its EUR 12.96 prior close.

Pop-Art-Comic Person joggt auf Laufband im Fitnessstudio, Bezug Technogym S.p.A — Pop-Art-Comic zeigt eine Person auf Laufband im Fitnessstudio, passend zur Branche von Technogym S.p.A., IT0005162406, Illustration mit AI erstellt.

Technogym plans a premium fitness club in Hyderabad with more than 60 training stations, while Technogym stock sits 40.65 percent below its 52-week high of EUR 21.82. As Trading-Treff reported on September 19, 2026, the project is being developed with IGYM and will combine strength, endurance and performance training.

Hyderabad adds more than 60 stations

The planned club covers 14,000 square feet and gives Technogym a concrete route into India's expanding premium wellness market. The company also invested EUR 26.00 million in artificial intelligence, production capacity and a new manufacturing facility during the first half of 2026, according to Trading-Treff.

Technogym is targeting EUR 80.00 million of investment for the full year 2026. That spending shows the Hyderabad agreement is part of a broader shift toward connected equipment, artificial intelligence and health-oriented services rather than a standalone equipment sale.

Revenue rises while investment expands

Technogym generated EUR 493.00 million of revenue in the first half of 2026, up 7.40 percent from the prior-year period. Currency-adjusted growth was 9.00 percent, giving investors a clear comparison between reported expansion and underlying performance.

Adjusted EBITDA reached EUR 85.70 million in the first half of 2026, equal to a 17.40 percent margin, while adjusted net income was EUR 43.80 million. The net financial position stood at EUR 88.60 million at the half-year date, down from EUR 156.00 million at the end of fiscal year 2025, as the investment program increased cash use.

Next results arrive October 28

Investing.com lists October 28, 2026 as Technogym's next earnings date and reports an average 12-month analyst target of EUR 17.99. The target is 38.92 percent above the Lang & Schwarz price, but the comparison uses different market references and is not a forecast by this article.

Technogym was trading at EUR 12.95 at Lang & Schwarz on October 6, 2026 at 9:10 a.m. CEST, down minus 0.08 percent versus the prior close of EUR 12.96. The quote sits within the EUR 11.92 to EUR 21.82 52-week range, while market capitalization was EUR 2.6 billion on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Technogym stock.