Jefferies started coverage of Wienerberger stock with EUR 16 target

Published on 10/26/2026 at 10:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating earnings guidance stood at EUR 640-650 million on October 6, 2026. Wienerberger stock costs EUR 16.38 on October 26, 2026.

Analyst target and reporting date

Jefferies set a EUR 16.00 target and a Hold rating on October 14, 2026.
Wienerberger reported second-quarter revenue of EUR 1.4 billion, up 13.00 percent year over year.
Wienerberger stock trades at EUR 16.38 at 10:17 a.m. CET at Lang & Schwarz on October 26, 2026, 2.25 percent above the Xetra close of October 23, 2026.
The first nine months of 2026 are due on November 12, 2026.

Wienerberger, AT0000831706, Illustration mit AI erstellt.

Wienerberger (ISIN AT0000831706) trades at EUR 16.38 at Lang & Schwarz on October 26, 2026 at 10:17 a.m. CET, up 2.25 percent versus the Xetra close of October 23, 2026 at EUR 16.02. The latest independent analyst event was Jefferies' October 14 coverage launch, which set a EUR 16.00 target and a Hold rating, according to Yahoo Finance.

The price target sits 2.32 percent below the Lang & Schwarz price. Jefferies expects possible recovery catalysts to emerge in 2027, while its analysis also points to debt and the strategic review as near-term issues for the building-materials group.

Guidance points to weaker demand

Wienerberger cut its 2026 operating earnings before interest, taxes, depreciation and amortization guidance to EUR 640-650 million on October 6. In the same trading update, the company expected third-quarter revenue of EUR 1.20-1.30 billion and operating earnings before interest, taxes, depreciation and amortization of EUR 170-180 million, according to Wienerberger. The company cited weaker residential construction in the United Kingdom and North America, alongside higher energy, raw-material and logistics costs.

That guidance places the October outlook below the earlier 2026 target of EUR 700 million cited in the company's October update. The response combines faster cost optimization with a strategic review, so the November report will show whether those measures are beginning to offset weaker volumes.

What does the target imply?

The recent operating record explains the cautious valuation. In the second quarter of 2026, revenue rose 13.00 percent year over year to EUR 1.4 billion, but operating earnings before interest, taxes, depreciation and amortization fell to EUR 230 million from EUR 253 million and the margin declined to 16.30 percent from 20.30 percent, according to Ziegelindustrie International. Net income was EUR 31 million, compared with EUR 103 million in the second quarter of 2025.

Three dated signals for Wienerberger

On August 12, 2026, the second-quarter figures showed EUR 230 million in operating earnings before interest, taxes, depreciation and amortization. On October 6, 2026, Wienerberger reduced full-year guidance to EUR 640-650 million. On October 14, 2026, Jefferies began coverage with a EUR 16.00 target and a Hold rating.

Next dates for the stock

Wienerberger's investor-relations calendar lists the first-nine-month results for November 12, 2026, together with an update on the strategic review and cost optimization. It also lists the BNP Paribas Exane MidCap CEO Conference in Paris for November 17, 2026, according to Wienerberger.

Stock price and next catalyst

The market price is above the latest Jefferies target, while the scheduled November report will provide the next quantified test of demand, margins and the strategic review. Wienerberger was trading at EUR 16.38 at Lang & Schwarz on October 26, 2026 at 10:17 a.m. CET, 2.25 percent above the Xetra close of October 23, 2026 at EUR 16.02. The further course of trading is shown by the continuously updated real-time quote of Wienerberger stock.