JPMorgan keeps EUR 110 target for Nemetschek stock

Published on 10/23/2026 at 10:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due on November 5, 2026. Nemetschek stock costs EUR 75.25 on October 23, 2026, 0.20 percent above the Xetra close.

Analyst view and reporting date

JPMorgan retained its EUR 110.00 target on October 20, 2026.
Nemetschek is scheduled to publish third-quarter results on November 5, 2026.
Nemetschek stock was trading at EUR 75.25 at 10:45 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.20 percent above the Xetra close of October 22, 2026.
Nemetschek had a market capitalization of EUR 8.7 billion as of October 23, 2026.

Makrofoto eines technischen Bauplans mit Bleistiftspitze im Vordergrund — Nemetschek SE ISIN DE0006452907: Makroaufnahme einer detaillierten Bauplan-Zeichnung mit Bleistiftspitze in Nahaufnahme, Illustration mit AI erstellt.

Nemetschek (ISIN DE0006452907) was trading at EUR 75.25 at Lang & Schwarz on October 23, 2026, at 10:45 a.m. CEST, up EUR 0.15 or 0.20 percent versus the Xetra close of October 22, 2026 at EUR 75.10. JPMorgan retained its EUR 110.00 target and Overweight rating on October 20, 2026, according to FinanzNachrichten.

JPMorgan sets the valuation bar

Joseph George said the October 20, 2026 note placed Nemetschek on JPMorgan's Analyst Focus List. The bank expects the third-quarter figures to demonstrate leading earnings growth and pointed to the monetization of artificial intelligence applications and infrastructure expansion as parts of the investment case, FinanzNachrichten reported.

The valuation leaves a measurable gap between the current euro quote and the bank's target. JPMorgan's EUR 110.00 target is EUR 34.75 above the Lang & Schwarz price of EUR 75.25, but the target is an analyst expectation rather than a reported company result.

Three events frame the stock

On July 1, 2026, Nemetschek announced the completion of its HCSS acquisition; the group had reported fiscal 2025 revenue of EUR 1.19 billion, according to Nemetschek. On July 30, 2026, the company reported its first-half results and fiscal 2025 EBITDA of EUR 371.1 million, also stated on Nemetschek's investor-relations page. On October 20, 2026, JPMorgan kept its EUR 110.00 target and Overweight rating, as reported by FinanzNachrichten.

What is the next test?

Nemetschek's next scheduled reporting date is November 5, 2026, when the company is due to publish its third-quarter results, according to Nemetschek. The result will give investors a fresh operating figure against the valuation implied by the EUR 110.00 target. The stock's 52-week range was EUR 50.45 to EUR 105.10 as of October 23, 2026, while its market capitalization was EUR 8.7 billion.

Stock stays below its yearly high

Nemetschek is listed on Xetra and belongs to the MDAX and TecDAX. The current quote is below the 52-week high of EUR 105.10, leaving the upcoming report as the next dated test of whether the company's growth can support the analyst case.

At Lang & Schwarz, Nemetschek was trading at EUR 75.25 on October 23, 2026 at 10:45 a.m. CEST, 0.20 percent above the Xetra close of October 22, 2026 at EUR 75.10. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.