Scout24 SE stock (DE000A12DM80): shares firm as DAX slips and Goldman Sachs highlights upside potential

Scout24 SE shares traded higher on Xetra on 06/05/2026 despite a weaker DAX, with the online real estate platform also in focus after Goldman Sachs outlined upside potential and a EUR 105 price target in a recent analysis.

Scout24 SE shares were among the stronger performers on the German market on 06/05/2026, trading in positive territory on Xetra even as the broader DAX index moved lower, putting the German online real estate marketplace operator back into focus for investors.

According to finanzen.net, the Scout24 SE stock (ISIN DE000A12DM80, WKN A12DM8, ticker G24) was quoted higher on the Xetra exchange at midday on 06/05/2026 and ranked among the better-performing names in Frankfurt trading that day, underscoring continued interest in the name within the German mid-cap segment.finanzen.net as of 06/05/2026

Trading data from the Xetra order book on 06/05/2026 showed active turnover in Scout24 SE shares under ticker G24, reflecting ongoing liquidity in the stock on its home venue in Germany.FinanzNachrichten Xetra order book as of 06/05/2026

The broader German equity backdrop was more muted, with the DAX index declining on 06/05/2026 amid macroeconomic data releases, while Scout24 was noted among the stocks trading in positive territory within the German market on that same day.TradingView News as of 06/05/2026

As of: 05.06.2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Scout24
• Sector/industry: Online real estate classifieds / digital marketplaces
• Headquarters/country: Munich, Germany
• Core markets: Germany and selected European real estate markets
• Key revenue drivers: Listings and marketing products for real estate agents and landlords, consumer subscription services, and related digital advertising solutions
• Home exchange/listing venue: Xetra (G24)
• Trading currency: EUR

Scout24 SE: core business model

Scout24 SE operates digital platforms that connect real estate providers with prospective buyers and renters, generating most of its revenue from fee-based listings and value-added marketing services sold to property professionals and private users.

Valuation metrics and multiples for Scout24 SE

On a valuation basis, investors continue to follow metrics such as price-earnings ratios and enterprise-value-to-EBITDA multiples for Scout24 SE, against the backdrop of its positioning as a German online real estate platform with recurring revenue characteristics.

In a recent analysis reported by Aktiencheck and citing a Goldman Sachs research view, the investment bank set a price target of EUR 105 per Scout24 SE share and highlighted expectations of higher shareholder returns, providing an additional reference point for how at least one global bank values the stock within the German mid-cap universe.Aktiencheck citing Goldman Sachs as of 2026

While detailed current-year valuation ratios for Scout24 SE depend on the latest share price and the companys most recent reported earnings, the combination of its online real estate focus and a business model centered on digital services often leads investors to compare its multiples with other European marketplace and classifieds operators.

Conclusion

Scout24 SE drew attention on 06/05/2026 as its shares traded higher on Xetra despite a weaker DAX, signaling ongoing investor interest in the German online real estate platform.

Alongside the same-day price performance, valuation discussions have been supported by a recent Goldman Sachs analysis with a EUR 105 price target, placing Scout24 SE within the broader universe of European digital marketplace stocks and framing how some market participants assess the companys potential.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.