Danelfin sees TRY 1.70 target for Katmerciler stock
Published on 10/14/2026 at 02:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInterim figures and target
- A September 24, 2026 Danelfin analysis placed the AI price target at TRY 1.70.
- Katmerciler reported TRY 1.6 billion in first-half 2026 sales and TRY 318.9 million in net profit.
- Quarterly revenue reached TRY 879.60 million in the latest reported quarter.
Danelfin's September 24, 2026 analysis placed a TRY 1.70 AI price target on Katmerciler stock, compared with a cited TRY 1.66 last price and 2.30 percent upside. The assessment came shortly before the company's October 9 general meeting, giving investors two concrete reference points: a dated market forecast and the latest interim figures.
Target meets interim figures
Danelfin reported the TRY 1.70 target on September 24, 2026 and cited a TRY 1.66 reference price. Its model's 2.30 percent upside was a modest valuation signal rather than a company forecast, so the interim accounts remain the more important operating test.
FVT said Katmerciler's first-half 2026 financial statements showed TRY 1.6 billion in net sales, TRY 318.9 million in net profit and TRY 277.0 million in EBITDA. Those figures provide a sharper operating anchor than the AI target because they cover the company's reported performance through the first six months of 2026.
What do the latest accounts show?
Investing.com reported latest-quarter revenue of TRY 879.60 million and a net loss of TRY 195.02 million. Revenue increased from TRY 679.30 million in the previous quarter, while the comparison net income moved from TRY 513.94 million to a loss, making profitability the key counterweight to the sales growth.
The quarterly data also show why the October meeting mattered for shareholders. The company entered the meeting with positive first-half sales and profit figures, but the latest quarter's loss creates a more mixed operating picture than the headline six-month result alone suggests.
Ownership signal adds context
YatirimX reported that Bank of America-related holdings in Katmerciler fell to 2.474 percent on October 1, 2026, from 3.024 percent before the transactions. The filing described purchases and sales between TRY 1.52 and TRY 1.56, adding an ownership detail to the operating and valuation picture.
Meeting date is already past
TradingView listed Katmerciler's ordinary general meeting for October 9, 2026 at 11:00 a.m. The date places the shareholder vote alongside the first-half figures and the latest quarterly loss, rather than presenting the meeting as a future trading trigger.
Katmerciler facts
- Company: Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret A.S.
- ISIN: TREKTMR00015
- Ticker: KATMR
- Primary exchange: Borsa Istanbul
- Sector / Industry: Industrials / defense and specialized vehicle equipment
Market context: Market report BIST 100.
