Jefferies sets EUR 50.00 target for Arcadis stock

Published on 10/20/2026 at 20:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Arcadis targets an 11.7-12.0 percent 2026 margin. Arcadis stock is EUR 41.10 on October 20, 2026, up 0.44 percent versus Amsterdam close.

Analyst target and reporting date

Arcadis received a EUR 50.00 price target on October 12, 2026.
Arcadis targets an 11.7-12.0 percent operating EBITA margin for 2026.
Arcadis stock costs EUR 41.10 at Lang & Schwarz on October 20, 2026, up 0.44 percent versus the Amsterdam close.
Arcadis will report earnings on October 28, 2026.

Aquarellbild von modernen Hochhäusern, Brücken und Kanal in Amsterdam — Aquarellmalerei der Amsterdamer Zuidas-Skyline symbolisiert Arcadis N.V. (ISIN NL0006237562) und dessen Heimatstadt, Illustration mit AI erstellt.

Arcadis (ISIN NL0006237562) has a EUR 50.00 price target from Jefferies, while its shares stood at EUR 41.10 at Lang & Schwarz on October 20, 2026 at 8:13 p.m. CEST, up 0.44 percent versus the Amsterdam close of October 19, 2026 at EUR 40.92. The target was reported on October 12, 2026, and lies 21.65 percent above the Lang & Schwarz price, based on the same euro currency.

Target leaves a 21.65 percent gap

According to Markets Insider, Jefferies analyst David Kerstens maintained a Buy rating and set the EUR 50.00 target on October 12, 2026. The target is 21.65 percent above EUR 41.10, giving investors a concrete valuation marker before Arcadis reports its next results.

Margin guidance sets the test

Arcadis reaffirmed low-single-digit organic net revenue growth for 2026 and an operating EBITA margin of 11.7-12.0 percent in its September 29, 2026 strategy release. The same release set a mid- to high-teens operating EBITDA margin target for 2029, making execution and portfolio changes central to the valuation case.

The strategy calls for divesting most of the architecture business and the China operations, while rightsizing is expected to reduce the workforce by 1,000 full-time employees in 2027. Arcadis said these actions are expected to increase the operating EBITDA margin by 100 basis points. The company also plans mid-single-digit organic net revenue growth from 2027 through 2029, according to Arcadis.

Price position and dates

The EUR 41.10 Lang & Schwarz price is 19.80 percent below the 52-week high of EUR 51.25 and 58.89 percent above the 52-week low of EUR 25.88. The latest quoted volume was 78,361 shares, while the price-to-earnings ratio was 17.57 and market capitalization was EUR 3.5 billion.

Arcadis will report earnings on October 28, 2026, according to its investor-relations page. The company reported second-quarter 2026 revenue of EUR 2.479 billion and net income of EUR 102.0 million for the period ended June 30, 2026.

Comparison with peers

Arcadis: plus 0.44 percent, price-to-earnings ratio 17.57, market capitalization EUR 3.5 billion.
WSP Global: plus 1.67 percent, price-to-earnings ratio 23.86, market capitalization CAD 22.6 billion.
Tetra Tech: plus 0.45 percent, price-to-earnings ratio 20.93, market capitalization USD 8.9 billion.

What investors can measure next

The next test is whether Arcadis can convert its portfolio reset into the guided 11.7-12.0 percent operating EBITA margin for 2026. The October 28 earnings date gives the market a defined point for checking revenue growth, margin delivery and cash generation.

Arcadis was trading at EUR 41.10 at Lang & Schwarz on October 20, 2026 at 8:13 p.m. CEST, up 0.44 percent versus the Amsterdam close of October 19, 2026 at EUR 40.92. The further course of trading is shown by the continuously updated real-time quote of Arcadis stock.