Warburg keeps EUR 23.50 target for LPKF Laser & Electronics stock

Published on 10/20/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LPKF guides to EUR 93-100 million revenue for fiscal 2026. LPKF Laser & Electronics stock costs EUR 10.93 on October 20, 2026, 4.96 percent below EUR 11.50.

Guidance and analyst target

Warburg Research maintained a EUR 23.50 target on October 1, 2026.
LPKF lowered fiscal 2026 revenue guidance to EUR 93-100 million on September 30, 2026.
LPKF Laser & Electronics stock trades at EUR 10.93 at 1:07 p.m. CEST at Lang & Schwarz on October 20, 2026, 4.96 percent below the Xetra close of October 19, 2026.

LPKF Laser & Electronics, DE0006450000, Illustration mit AI erstellt.

LPKF Laser & Electronics (DE0006450000) was trading at EUR 10.93 at Lang & Schwarz on October 20, 2026 at 1:07 p.m. CEST, minus 4.96 percent versus the Xetra close of October 19, 2026 at EUR 11.50. The latest dated analyst signal came on October 1, 2026, when Warburg Research kept a Buy rating and a EUR 23.50 target, according to FinanzNachrichten. The contrast is clear: the analyst target remains well above the market quote, while LPKF is working through a weaker 2026 outlook.

Guidance reset weighs on the setup

On September 30, 2026, LPKF cut its fiscal 2026 revenue forecast to EUR 93 million-100 million from EUR 105 million-120 million. The company attributed the change to a delayed major solar order and later-than-expected Advanced Packaging orders, as reported in the EQS News release. Adjusted EBIT margin guidance moved to minus 7.0 percent to minus 2.5 percent from minus 3.0 percent to plus 4.5 percent.

The operating picture had already been demanding in the first half of 2026. In a July 23, 2026 earnings call, LPKF reported revenue of EUR 36.5 million, adjusted EBIT of minus EUR 10.4 million and orders on hand of EUR 34.7 million at the end of June, according to Yahoo Finance.

Three dates frame the stock

On July 23, 2026, the first-half call put revenue at EUR 36.5 million. On September 30, 2026, LPKF reduced fiscal 2026 revenue guidance to EUR 93 million-100 million. On October 1, 2026, Warburg Research kept its EUR 23.50 target and Buy rating.

What comes next for results

LPKF has scheduled publication of its third-quarter 2026 financial report for October 29, 2026, according to the company release page. The report will test whether order intake can offset the delayed solar and Advanced Packaging contributions.

Target leaves a wide valuation gap

The EUR 23.50 Warburg target is EUR 12.57 above the current Lang & Schwarz price, or 115.09 percent above it. That gap reflects the potential investors attach to Advanced Packaging, but the reduced revenue range and negative adjusted EBIT margin guidance make execution the immediate test.

LPKF was trading at EUR 10.93 at Lang & Schwarz on October 20, 2026 at 1:07 p.m. CEST, 4.96 percent below the Xetra close of October 19, 2026 at EUR 11.50. The further course of trading is shown by the continuously updated real-time quote of LPKF Laser & Electronics stock.