AVAX stock sits 29.84 percent below the two-analyst EUR 4.68 target

Published on 10/20/2026 at 20:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 472.00 million in first-half 2026. AVAX stock costs EUR 3.28 on October 20, 2026, up 0.31 percent versus Athens close EUR 3.27.

Analyst target and company figures

Investing.com listed a EUR 4.68 average target from two analysts on October 16, 2026.
AVAX reported EUR 472.00 million in first-half 2026 revenue, up 0.96 percent year over year.
AVAX stock costs EUR 3.28 at Lang & Schwarz on October 20, 2026 at 8:11 p.m. CEST, 0.31 percent above the Athens close of October 20, 2026.
First-half net profit was EUR 27.30 million, down 4.40 percent from the prior-year period.

AVAX, GRS213213002, Illustration mit AI erstellt.

AVAX S.A. stock (ISIN GRS213213002) sits 29.84 percent below the EUR 4.68 average target that Investing.com listed for two analysts on October 16, 2026. The target implies EUR 4.6750, or 42.53 percent above the EUR 3.28 price. AVAX was trading at EUR 3.28 at Lang & Schwarz on October 20, 2026 at 8:11 p.m. CEST, up 0.31 percent versus the Athens close of EUR 3.27 on October 20, 2026.

Revenue reached EUR 472.00 million

AVAX's first-half 2026 results showed modest top-line growth but lower earnings. According to AVAX Group on September 23, 2026, revenue rose 0.96 percent from EUR 467.50 million in the first half of 2025 to EUR 472.00 million. EBITDA fell 2.57 percent to EUR 68.30 million, while net profit declined 4.21 percent to EUR 27.30 million from EUR 28.50 million.

Stock remains below its yearly high

At EUR 3.28, the stock was 17.79 percent below its 52-week high of EUR 3.99 and 51.15 percent above its 52-week low of EUR 2.17, both dated October 16, 2026. Market capitalization stood at EUR 482.10 million, the price-to-earnings ratio was 10.56, and the dividend yield was 3.05 percent on that date.

The company's year-to-date performance was plus 2.50 percent on October 16, 2026. The Athens close of EUR 3.27 on October 20, 2026 places the latest euro quote almost exactly at the level reported by the Athens market before the evening Lang & Schwarz session.

Backlog supports the valuation case

The first-half report put AVAX's work-in-hand at EUR 3.00 billion in September 2026, compared with EUR 2.76 billion at December 31, 2025. The construction EBITDA margin was 12.60 percent in the first half, while the net debt-to-EBITDA ratio stood at 2.10 on June 30, 2026.

AVAX also carried a EUR 408.00 million concessions and public-private-partnership portfolio on June 30, 2026, up from EUR 398.00 million at the end of 2025. At the July 2, 2026 annual meeting, the company approved a EUR 0.10 dividend per share and a buyback of up to 5,000,000 shares, as reported by xrimatistirio.com.

What does the target imply?

The analyst average is 42.53 percent above the Lang & Schwarz price, but the first-half comparison is mixed: revenue increased while EBITDA and net profit decreased. The EUR 3.00 billion backlog and the 2.10 debt ratio provide the main operating figures alongside the market valuation.

Price and investor perspective

AVAX combines a EUR 4.68 analyst average target with a EUR 482.10 million market capitalization and a 3.05 percent dividend yield. The next valuation signal will depend on whether backlog conversion improves earnings after the first-half margin decline.

The further course of trading is shown by the continuously updated real-time quote of AVAX stock.