Bernstein keeps EUR 90.00 target for Scout24 stock
Published on 10/23/2026 at 10:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming results
- Bernstein retained its EUR 90.00 target on October 20, 2026.
- Second-quarter revenue increased 20.00 percent year over year.
- Scout24 stock trades at EUR 85.23 at 9:47 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.55 percent below the Xetra close of October 22, 2026.
- Scout24 is scheduled to publish its nine-month results on November 4, 2026.
Scout24 stock (ISIN DE000A12DM80) trades at EUR 85.23 at Lang & Schwarz on October 23, 2026 at 9:47 a.m. CEST, 0.55 percent below the Xetra close of October 22, 2026 at EUR 85.70. Bernstein Research retained its Outperform rating and EUR 90.00 target in a note dated October 20, 2026, as reported by finanzen.at.
AI risk meets a EUR 90 target
Bernstein analyst Annick Maas argued that tests and scenario analysis pointed to higher barriers for AI agents to displace property portals than pessimistic assumptions suggest. The target stands 5.59 percent above the Lang & Schwarz price, making the analyst view a modest valuation reference rather than a completed market outcome.
Three recent company signals
On October 5, 2026, Scout24 disclosed 231,811 shares repurchased between September 28 and October 2 through its buyback program, according to Scout24. On October 12, the company reported another 50,000 shares bought between October 5 and October 9, taking cumulative purchases since June 1 to 2,699,898 shares, according to Scout24. Bernstein's October 20 assessment is the latest of the three signals.
What comes next for earnings?
Scout24's second-quarter revenue grew 20.00 percent year over year, while adjusted earnings per share increased 18.00 percent, according to the company's investor-relations update dated August 6, 2026. The operating picture therefore provides a concrete test for the AI discussion. Revenue growth and adjusted earnings growth will matter more than the target alone when the next report arrives.
November brings the next test
Scout24 is scheduled to publish its interim report for the first nine months and third quarter of 2026 on November 4, 2026, followed by an analyst conference call, according to Scout24. That date will put the portal's operating performance against the latest analyst assumptions.
Stock stays below the analyst target
The EUR 85.23 Lang & Schwarz price is 5.59 percent below Bernstein's EUR 90.00 target, while the 52-week range is EUR 62.70 to EUR 102.90 as of October 23, 2026. The next earnings date gives investors a defined point for testing the growth narrative. The further course of trading is shown by the continuously updated real-time quote of Scout24 stock.
Scout24 stock key data
- Company: Scout24 SE
- ISIN: DE000A12DM80
- WKN: A12DM8
- Ticker: G24
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 23, 2026, 9:47 a.m. CEST): EUR 85.23
- Change versus Xetra close: minus 0.55 percent
- Xetra close (October 22, 2026): EUR 85.70
- Market capitalization: EUR 5.9 billion (as of October 23, 2026)
- 52-week range: EUR 62.70-102.90 (as of October 23, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: November 4, 2026
Market context: Market report DAX.
