Obayashi, JP3190000004

J.P. Morgan maintains Hold on Obayashi stock at JPY 3,000.00

Published on 10/20/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue beat forecasts 2.43 percent in fiscal first quarter. Obayashi stock costs EUR 16.35 on October 20, 2026, up 2.83 percent versus Hamburg close.

Analyst target and reporting date

J.P. Morgan maintained a Hold rating and a JPY 3,000.00 target on October 9, 2026.
Obayashi revenue reached JPY 623.43 billion in fiscal first quarter ended June 30, 2026.
Obayashi stock costs EUR 16.35 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST, 2.83 percent above the Hamburg close of October 19, 2026.

Obayashi, JP3190000004, Illustration mit AI erstellt.

J.P. Morgan maintained a Hold rating on Obayashi and set a JPY 3,000.00 price target in a report dated October 9, 2026, while the latest euro quotation stood at EUR 16.35 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST, up 2.83 percent versus the Hamburg close of October 19, 2026. The target is 4.20 percent above the Tokyo price of JPY 2,879.00 reported for October 19, 2026. The analyst view comes from The Globe and Mail.

Revenue beat forecasts

Obayashi reported JPY 623.43 billion in revenue for the fiscal first quarter ended June 30, 2026, compared with a JPY 608.62 billion forecast. The result exceeded the forecast by 2.43 percent, according to Investing.com. The same report lists earnings per share at JPY 56.87 against a JPY 28.74 estimate, a 97.88 percent positive surprise.

Stock position after the move

The Hamburg quote of EUR 15.90 on October 19, 2026 provides the German trading comparison for the Lang & Schwarz price. On the Tokyo Stock Exchange, Obayashi was last listed at JPY 2,879.00 on October 19, 2026, with a five-day change of minus 0.81 percent, according to MarketScreener. The differing daily readings reflect separate venues and currencies.

What comes next for earnings

Obayashi lists November 13, 2026 as the date for its financial results announcement for fiscal 2026 second quarter. The company identifies the period as April 1 through September 30, 2026 on its Obayashi investor-relations page. Investors therefore have a defined near-term date for comparing construction revenue, earnings and the full-year outlook.

Obayashi valuation in view

The October 9 analyst report cited a market capitalization of JPY 2,017.2 billion and a price-to-earnings ratio of 10.41. Its wider analyst survey showed a JPY 3,747.79 average target and a Moderate Buy consensus, but J.P. Morgan itself retained Hold rather than raising its rating.

Price and investor perspective

Obayashi combines a 2.43 percent first-quarter revenue beat with a JPY 3,000.00 analyst target and a scheduled November 13, 2026 results date. The next report will test whether the first-quarter sales momentum carried into the first half.

Obayashi was trading at EUR 16.35 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST, 2.83 percent above the Hamburg close of October 19, 2026 at EUR 15.90. The further course of trading is shown by the continuously updated real-time quote of Obayashi stock.