Hitachi Construction Machinery, JP3787000003

Citi sets JPY 6,500 target for Hitachi Construction Machinery stock

Published on 10/20/2026 at 22:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached JPY 329.13 billion in first quarter, 0.80 percent above forecast. Hitachi Construction Machinery stock costs EUR 30.70 on October 20, 2026.

Analyst target and reporting date

Citi set a JPY 6,500 target and Buy rating for Hitachi Construction Machinery on October 5, 2026.
First-quarter revenue reached JPY 329.13 billion, 0.80 percent above the JPY 326.53 billion forecast.
Hitachi Construction Machinery stock costs EUR 30.70 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST.
The company is scheduled to report second-quarter results on October 29, 2026.

Hitachi Construction Machinery, JP3787000003, Illustration mit AI erstellt.

Hitachi Construction Machinery (ISIN JP3787000003) drew a JPY 6,500 Buy target from Citi on October 5, 2026, according to Investing.com. Hitachi Construction Machinery was trading at EUR 30.70 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST.

Target leaves room for results

Citi's target implies 20.19 percent upside from the Tokyo price of JPY 5,408 on October 20, 2026. Investing.com listed six Buy ratings, two Hold ratings and two Sell ratings among 10 analysts, with an average target of JPY 6,236.

The target sits alongside a less optimistic Goldman Sachs view from October 5, 2026, which assigned a JPY 5,000 Sell target, the same Investing.com table showed. That spread makes the October 29 results important for judging whether analysts will adjust their assumptions.

First-quarter revenue beat forecast

Hitachi Construction Machinery reported JPY 329.13 billion in first-quarter revenue on July 30, 2026, versus a JPY 326.53 billion forecast, according to Investing.com. The difference was JPY 2.60 billion, or 0.80 percent, while earnings per share came in at JPY 131.78 against a JPY 85.56 forecast.

Price range and valuation

On the Tokyo Stock Exchange, the stock stood at JPY 5,408 on October 20, 2026, with a day range of JPY 5,371 to JPY 5,496. Its 52-week range was JPY 4,312 to JPY 7,225, while volume reached 871,500 shares. The market capitalization was JPY 1.2 trillion, and the price-to-earnings ratio was 12.79.

The company is scheduled to announce second-quarter results on October 29, 2026 at 3:30 p.m. JST, according to Hitachi Construction Machinery. The quoted dividend yield was 3.50 percent on October 20, 2026.

Comparison with peers

Hitachi Construction Machinery: JPY 5,408, P/E 12.79, market capitalization JPY 1.2 trillion, October 20, 2026.

Komatsu (Tokyo Stock Exchange, JPY): down 3.07 percent, P/E 16.67, market capitalization JPY 6.3 trillion, October 20, 2026.

AB Volvo (Stockholm Stock Exchange, SEK): down 0.68 percent, P/E 18.18, market capitalization SEK 651.7 billion, October 20, 2026.

October 29 is the next test

The October 29 results will provide the next dated test of revenue, earnings and management expectations. The current analyst split also leaves a clear valuation question: whether the company can deliver enough operating progress to support targets ranging from JPY 5,000 to JPY 6,500.