Nemetschek Shares - Bernstein trims price target as week closes

Nemetschek shares are ending the week under analyst scrutiny after Sanford C. Bernstein cut its price target while maintaining a Market Perform rating. The stock trades lower on Xetra, with investors weighing the more cautious stance against a still-supportive broader consensus.

Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 20:41 CET. Details in the imprint.

Nemetschek (DE0006452907) faces a more cautious tone from Wall Street-style research this Friday. Sanford C. Bernstein has cut its price target while keeping a Market Perform rating, according to a research summary on MarketScreener.

What Bernstein changed on Nemetschek

Sanford C. Bernstein lowered its price target for Nemetschek while reiterating a Market Perform stance, signaling a more muted return expectation after the stock's prior rally. The updated target, reported on 06/19/2026, points to more limited upside versus earlier assumptions.

The move comes against a backdrop of still supportive ratings from other houses. Berenberg, for instance, continues to rate the stock Buy with a target price of EUR 115, according to a separate Berenberg note summarized by MarketScreener. This leaves Nemetschek sitting between cautious and optimistic analyst camps.

How Nemetschek compares in its sector this week

Nemetschek shares have had a softer week, with the stock around the mid-EUR 50s area on Xetra and down mid-single digits over five days, according to recent trading data. That underperformance contrasts with parts of the wider European software space, which has held up more robustly.

The company remains a mid-cap name in Germany's technology universe, included in indices such as the TecDAX and MDAX, and therefore often compared with peers in construction software and broader application software. Against this backdrop, shifting analyst targets can influence how Nemetschek ranks within its sector.

How Nemetschek makes its money

Nemetschek generates most of its revenue from specialized software for the architecture, engineering, construction and media industries, structured into Design, Build, Manage and Media & Entertainment segments. Flagship brands include Allplan, Graphisoft, Vectorworks and Maxon for 3D modeling and rendering.

Where the stock trades today

The shares of Nemetschek (DE0006452907) trade on Xetra at EUR 53.15 as of 06/19/2026, 18:12 CET.

Key facts on Nemetschek stock

• Company: Nemetschek SE
• ISIN: DE0006452907
• WKN: 645290
• Ticker: NEM
• Venue: Xetra
• Price (as of 06/19/2026, 18:12 CET): 53.15 EUR
• Market cap: 6,20 billion EUR (as of 06/19/2026)
• Sector / Industry: Software - Application / Construction software
• Index membership: MDAX, TecDAX, Stoxx Europe 600
• Next earnings date: not officially scheduled

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