KBC raised target for Vopak stock to EUR 64.00

Published on 10/08/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half occupancy reached 91.00 percent and EBITDA rose 5.00 percent. Vopak stock costs EUR 50.68 on October 8, 2026 versus EUR 51.25.

Schwarzweiß-Reportagefoto von Arbeitern zwischen Tanklager-Anlagen im Hafen — Koninklijke Vopak N.V. (ISIN NL0009432491) beschäftigt Terminalarbeiter, die zwischen Tanklager-Anlagen im Hafen inspizieren, Illustration mit AI erstellt.

Vopak stock (ISIN NL0009432491) was trading at EUR 50.68 at Lang & Schwarz on October 8, 2026 at 12:23 p.m. CEST, down 1.11 percent versus the prior close of EUR 51.25. KBC Securities had raised its target from EUR 56.00 to EUR 64.00 on October 5, 2026, while keeping a Buy rating, according to IEX.

KBC lifts target to EUR 64.00

The new target lies 26.28 percent above the Lang & Schwarz price. KBC analyst Kristof Samoy linked the increase to Vopak's operational resilience, investment decisions and expected profit growth from projects, as reported by IEX on October 5, 2026.

The same report said Vopak maintained a 91.00 percent occupancy rate in the first and second quarters of 2026. It also cited expected EBITDA growth of 6.50 percent in 2027 and 5.00 percent in 2028, giving the target increase a specific operating basis.

First-half cash generation sets the test

Vopak's first-half 2026 results showed proportional EBITDA of EUR 600.00 million and 5.00 percent growth from the first half of 2025, according to the Yahoo Finance transcript dated July 30, 2026. Operating cash return reached 15.30 percent on a rolling 12-month basis, compared with 15.20 percent in the first half of 2025.

Management raised the proportional EBITDA outlook for fiscal 2026 to a range of EUR 1.18 billion to EUR 1.22 billion and projected operating free cash flow of EUR 820.00 million, according to Yahoo Finance. The figures make execution of the growth portfolio more important than the headline target alone.

Gate terminal adds capacity

Gate Terminal, a joint venture between Gasunie and Vopak, commissioned a fourth LNG storage tank at the start of October 2026. The tank adds 180,000 cubic meters of storage and lifts total regasification capacity to 20 billion cubic meters per year, according to Hydrocarbon Engineering on October 2, 2026.

Vopak's investor calendar lists November 4, 2026, for publication of its third-quarter interim update, according to Vopak. That date provides the next scheduled checkpoint for occupancy, Gate Terminal contribution and progress toward the fiscal 2026 outlook.

Stock stays near its yearly high

Vopak's Lang & Schwarz price of EUR 50.68 stood within the EUR 36.58 to EUR 51.50 52-week range on October 8, 2026. Market capitalization was EUR 5.8 billion on the same date, while the primary Euronext Amsterdam listing remained 0.69 percent lower in the finance quote at EUR 50.70 at 10:13 a.m. CEST.

The stock was trading at EUR 50.68 at Lang & Schwarz on October 8, 2026 at 12:23 p.m. CEST, minus 1.11 percent versus the Lang & Schwarz prior close of EUR 51.25. The further course of trading is shown by the continuously updated real-time quote of Vopak stock.