Goldman downgrades Kubota stock to Strong Sell

Published on 10/13/2026 at 04:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 16.20 percent to JPY 1.6903 trillion. For Kubota stock, results are due November 9, 2026.

Key points in brief

Goldman Sachs downgraded Kubota from strong buy to strong sell on October 6, 2026.
First-half revenue rose 16.20 percent to JPY 1.6903 trillion, while operating profit reached JPY 235.6 billion.
Kubota reported zero share repurchases for September under an authorization for up to 18 million shares and JPY 40 billion.
The next financial-results date is November 9, 2026, covering the nine months ended September 30, 2026.

Daikin, JP3266400005, Illustration mit AI erstellt.

Kubota Corporation (ISIN JP3266400005) had been downgraded by Goldman Sachs from strong buy to strong sell in a note dated October 6, 2026, according to MarketBeat. The rating change contrasts with Kubota's strong first-half operating performance, when revenue rose 16.20 percent to JPY 1.6903 trillion and operating profit reached JPY 235.6 billion, as OmniTrattore reported on September 17, 2026.

Three dated signals for Kubota

On August 4, 2026, Kubota authorized a repurchase of up to 18 million shares, equal to 1.60 percent of shares issued excluding treasury shares, for a maximum JPY 40 billion, according to Kubota. On October 5, 2026, the company reported zero shares repurchased and a total repurchase amount of JPY 0 for the September period in the same filing. On October 6, 2026, Goldman Sachs cut its rating from strong buy to strong sell, according to MarketBeat.

Two dates shape the next phase

Kubota's next scheduled financial-results date is November 9, 2026, for the nine months ended September 30, 2026, according to the company's investor-relations schedule. The share-repurchase authorization runs through December 18, 2026, while the September update showed zero completed purchases.

What does the downgrade change?

The numerical backdrop is mixed rather than one-sided. Kubota's first-half revenue increased 16.20 percent year over year, and operating profit rose 64.70 percent to JPY 235.6 billion, with higher volumes, pricing revisions, favorable exchange rates and US tariff refunds cited as contributors by OmniTrattore. MarketBeat described the analyst view as mixed, with two strong-buy ratings and two sell ratings, while its listed consensus was moderate buy.

For investors, the November report will test whether the first-half improvement carries into the second half. The zero repurchase figure also leaves the JPY 40 billion authorization as a future capital-allocation reference rather than a completed return of capital.

Last euro quote before the session

The last available euro quote was EUR 14.75 at Lang & Schwarz on October 12, 2026 at 10:57 p.m. CEST. The figure is presented as a dated last quote because the timestamp predates the October 13 publication date.

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