UBS keeps EUR 805 target for Rational stock

Published on 10/02/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 642 million, up 6.00 percent year on year. Rational stock costs EUR 566.50 on October 2, 2026 after EUR 565.25.

Makroaufnahme einer gebürsteten Edelstahloberfläche mit Wassertropfen — Rational AG (DE0007010803) zeigt in der Makroaufnahme die feine Textur einer gebürsteten Edelstahl-Geräteoberfläche, Illustration mit AI erstellt.

Rational (ISIN DE0007010803) was trading at EUR 566.50 at Lang & Schwarz on October 2, 2026, while UBS maintained its Buy rating and an EUR 805.00 price target on September 14, 2026. The analyst view highlights North American growth potential and a positive European business trend.

UBS keeps the EUR 805 target

According to MarketScreener on September 14, 2026, UBS analyst Olivier Calvet retained a Buy rating and kept the price target at EUR 805.00. The source said the discussion with management focused on North American growth and positive conditions in Europe, including moderate price increases outside the United States.

The target stands EUR 238.50 above the Lang & Schwarz price, which means the target lies 42.10 percent above the euro reference price. The calculation uses the same currency for both values, while the analyst target and the market quote come from different dates.

First-half growth reaches 8 percent

Rational generated EUR 642 million in revenue in the first half of 2026, up 6.00 percent year on year and 8.00 percent after adjusting for foreign exchange effects, according to the company's Q2 earnings-call transcript published by Yahoo Finance on August 6, 2026. Second-quarter revenue increased 4.00 percent to EUR 324 million.

Profitability was the stronger part of the report. First-half EBIT rose 11.00 percent year on year to EUR 170 million, with an EBIT margin of 26.50 percent. Excluding EUR 14 million of tariff refunds recognized in the second quarter, the margin would have been 24.30 percent, showing how much the one-time benefit affected the reported result.

China remains the key counter-factor

The transcript also identified regional differences. First-half North American revenue increased 4.00 percent to EUR 150 million, or 10.00 percent before foreign exchange effects, while Asia revenue declined 2.00 percent and China revenue fell 25.00 percent. Rational said the decline was linked partly to weaker demand from Yum China.

Management maintained its 2026 outlook for mid- to high-single-digit revenue growth and an EBIT margin corridor of 25.00 percent to 26.00 percent. The next scheduled earnings release is November 5, 2026, according to MarketScreener.

Rational stock stays near yearly low

Rational stock was trading at EUR 566.50 at Lang & Schwarz on October 2, 2026 at 11:58 a.m. CEST, up 0.22 percent versus the Lang & Schwarz prior close of EUR 565.25 on October 1, 2026. The primary-exchange reference shows a 52-week range of EUR 560.50 to EUR 776.50 and a market capitalization of EUR 6.5 billion as of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Rational stock.