Mobimo breaks ground on 122 homes: Oddo BHF cuts target for Mobimo stock to CHF 370
Published on 10/18/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOperating milestones and dates
- Mobimo held the Nordbau groundbreaking ceremony on October 8, 2026 for 122 rental apartments.
- Profit rose 15.5 percent in the first half of 2026, according to the TradingView filings page.
- Mobimo stock last stood at CHF 333.50 on October 16, 2026 on SIX.
Mobimo (ISIN CH0011108872) broke ground for 122 rental apartments in Aarau on October 8, 2026. The project gives Mobimo stock a concrete development milestone as the company prepares the final expansion phase of the Aeschbachquartier, according to EQS News. The last quoted price stood at CHF 333.50 on SIX on October 16, 2026 at 5:31 p.m. CEST.
Project scale and timing
Mobimo is converting a former Rockwell production building into 122 rental apartments and additional ground-floor commercial space. Completion and occupation are scheduled for the second half of 2028, while letting activities are planned to begin in early 2028, EQS News reported on October 8, 2026.
The project adds a measurable pipeline item to a portfolio valued at CHF 4.3 billion. The company also said the development will retain parts of the existing structure and use the Minergie ECO standard, photovoltaic installations and district heating.
Three dated milestones
On August 7, 2026, Mobimo reported first-half results that showed profit up 15.5 percent, according to the TradingView filings page. On September 8, 2026, the company presented a strategy targeting a CHF 4.5 billion property portfolio by 2030, compared with CHF 3.89 billion in fiscal year 2025, as reported by IT Boltwise. On October 8, 2026, Mobimo held the groundbreaking ceremony for the 122-apartment Nordbau project.
What dates matter next?
The next reported earnings date is February 12, 2027, according to TradingView's Mobimo calendar. The Nordbau apartments are scheduled for completion in the second half of 2028, creating a longer-dated test of project execution and rental demand.
CHF price sets the reference
Mobimo's CHF 333.50 last price on SIX on October 16, 2026 came with a market capitalization of CHF 2.5 billion. The 52-week range was CHF 322.50 to CHF 406.00 on the same market-data snapshot, putting the quoted price CHF 72.50 below the high and CHF 11.00 above the low.
For investors, the key distinction is timing. The Nordbau delivers additional homes in 2028, while the first-half profit comparison and the 2030 portfolio goal provide nearer-term markers for assessing whether development activity is translating into recurring value.
Mobimo stock and its next milestones
Mobimo combines a CHF 4.3 billion property portfolio with a 122-apartment project that is scheduled to reach completion in 2028. The February 12, 2027 earnings date should provide the next formal checkpoint for operating performance and project progress.
Mobimo stock key data
- Company: Mobimo Holding AG
- ISIN: CH0011108872
- Ticker: MOBN
- Primary exchange: SIX Swiss Exchange
- Last price on SIX: CHF 333.50 (as of October 16, 2026, 5:31 p.m. CEST)
- Market capitalization: CHF 2.5 billion (as of October 16, 2026)
- 52-week range: CHF 322.50-CHF 406.00 (as of October 16, 2026)
- Sector / Industry: Real Estate / Real Estate Development
- Index membership: SMI
- Next earnings date: February 12, 2027
Market context: Market report SMI.
