Umicore, BE0974320526

Umicore stock gains 31.28 percent year to date

Published on 09/22/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Umicore stock closed at EUR 21.58 on September 21, 2026, while its average target stood at EUR 25.63. EBITDA for 2026 is forecast at EUR 1.025 billion.

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Umicore stock closed at EUR 21.58 on Euronext Brussels on September 21, 2026, after a daily decline of 0.46 percent. The shares were up 31.28 percent since the start of 2026, giving the current valuation a stronger market signal than the single-session move.

Target remains above the share price

According to MarketScreener on September 22, 2026, the average analyst price target was EUR 25.63, or 18.77 percent above the latest closing price of EUR 21.58. The same consensus covered 13 analyses and carried an average recommendation of Accumulate.

A named target in the available coverage was Berenberg's Hold recommendation at EUR 23.20, dated June 22, 2026, according to Bolsamania. That target was EUR 1.62 above the September 21 closing price, a smaller gap than the current average target.

2026 EBITDA estimates point higher

MarketScreener's financial estimates identify EBITDA of EUR 1.025 billion for fiscal year 2026, compared with EUR 847 million for fiscal year 2025. The implied increase is 20.96 percent, making the earnings trajectory the central quantified support for the valuation comparison.

The same estimates put the 2026 EBITDA margin at 27.21 percent, versus 23.78 percent in fiscal year 2025. That 3.43 percentage point improvement matters because the latest share price is already 63.0 percent above the EUR 13.24 level shown for September 22, 2025, while the projected operating recovery remains dependent on delivery against the 2026 estimate.

Stock stays below the yearly range

Umicore traded between EUR 21.48 and EUR 22.00 on September 21, 2026. The stock therefore finished EUR 0.42 below that session's high, while the dated market overview showed a five-day change of 2.94 percent and a one-year change of 31.28 percent.

For investors, the key tension is measurable: the average target of EUR 25.63 implies 18.77 percent upside to the latest close, while the 2026 EBITDA estimate of EUR 1.025 billion is 20.96 percent above the fiscal year 2025 estimate. The valuation case therefore depends on operating improvement rather than the one-day price change.