OP Corporate Bank sets EUR 60 target for Kone stock: it falls 1.18 percent

Published on 10/20/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OP Corporate Bank set a EUR 60 target on October 19, 2026. Kone stock costs EUR 54.37 on October 20, 2026, 1.18 percent below the Xetra close.

Analyst view and earnings calendar

OP Corporate Bank assigned a EUR 60.00 target on October 19, 2026.
KONE's second-quarter 2026 gross profit reached EUR 397.60 million versus EUR 350.20 million in the first quarter.
Kone stock trades at EUR 54.37 at 1:00 p.m. CEST at Lang & Schwarz on October 20, 2026, 1.18 percent below the Xetra close of October 19, 2026.
KONE will publish its January-September 2026 interim report on October 28, 2026, at 8:30 a.m. EET.

Architektur-Render eines Glashochhauses mit zentralem Aufzugsschacht bei Dämmerung — Kone Oyj (ISIN FI0009013403) entwickelt vertikale Transportsysteme für Wolkenkratzer mit sichtbarem Aufzugsschacht, Illustration mit AI erstellt.

Kone stock (ISIN FI0009013403) was trading at EUR 54.37 at Lang & Schwarz on October 20, 2026, at 1:00 p.m. CEST, down 1.18 percent from the Xetra close of EUR 55.02 on October 19, 2026. On October 19, MarketScreener reported that OP Corporate Bank downgraded Kone to Add, or Buy, and set a EUR 60.00 price target.

Analyst targets move higher

The latest target places the stock's implied value 10.36 percent above the Lang & Schwarz price. The rating change therefore gives investors a concrete valuation marker before KONE's next report, while the negative session move shows that the market is weighing the target against near-term execution risks.

Analyst views have shifted during October. MarketScreener listed Deutsche Bank's October 2 target at EUR 66.00, while its October 14 news table listed Barclays raising its target to EUR 46.00 from EUR 45.00. The targets span EUR 46.00 to EUR 66.00, leaving the OP Corporate Bank view between those published markers.

What does the next report add?

KONE's operating figures provide the next test. TradingView reports second-quarter 2026 gross profit of EUR 397.60 million, up 13.54 percent from EUR 350.20 million in the first quarter of 2026, and shows EUR 2.11 billion of gross profit for fiscal year 2025. The comparison puts the upcoming report's margin and order picture ahead of the price target debate.

Two dates matter next

On October 28, 2026, KONE will publish its January-September 2026 interim report at 8:30 a.m. EET, followed by a press call at 9:00 a.m. EET, according to MarketScreener. The report covers the January 1 to September 30, 2026 accounting period.

Business scale supports the watchlist

KONE reports fiscal-year 2025 sales of EUR 11.2 billion, adjusted EBIT equal to 12.2 percent of sales and comparable-currency sales growth of 4.0 percent. The company also had more than 60,000 employees in close to 70 countries, giving the analyst targets a broad operating base rather than a single-product story.

Stock trades below the Xetra close

The euro quote is 1.18 percent below the Xetra close, while KONE's 52-week range is EUR 46.37 to EUR 64.16 and its market capitalization is EUR 28.3 billion as of October 20, 2026. The next report is the clearest scheduled catalyst for testing whether the EUR 60.00 target can be supported by current operating progress.

Kone stock was trading at EUR 54.37 at Lang & Schwarz on October 20, 2026, at 1:00 p.m. CEST, 1.18 percent below the Xetra close of EUR 55.02 on October 19, 2026. The further course of trading is shown by the continuously updated real-time quote of Kone stock.