Lenzing stock: Berenberg cuts target from EUR 29.50 to EUR 17.00

Published on 10/23/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lenzing's next earnings are due November 4, 2026. Lenzing stock costs EUR 10.65 on October 23, 2026, up 0.47 percent versus the Vienna close.

Target cut and capital raise

Berenberg cut its Lenzing target from EUR 29.50 to EUR 17.00 on October 2, 2026.
Lenzing completed a EUR 301.20 million capital increase with a 99.00 percent subscription rate on October 21, 2026.
Lenzing stock costs EUR 10.65 at Lang & Schwarz on October 23, 2026 at 3:11 p.m. CEST, 0.47 percent above the Vienna close of October 22, 2026.
Lenzing's next earnings release is scheduled for November 4, 2026.

Lenzing, AT0000644505, Illustration mit AI erstellt.

Lenzing stock remains below Berenberg's revised valuation after the bank cut its target from EUR 29.50 to EUR 17.00 on October 2, 2026. According to Investing.com, the target change accompanied a downgrade to Hold. At Lang & Schwarz, Lenzing was trading at EUR 10.65 on October 23, 2026 at 3:11 p.m. CEST, up 0.47 percent versus the Vienna close of October 22, 2026 at EUR 10.60.

Capital increase changes the balance sheet

The company completed a rights-based capital increase on October 21, 2026. MarketScreener reported that Lenzing issued 34,756,362 new shares and raised EUR 301.20 million gross, while 34,411,626 shares were subscribed. That produced a 99.00 percent subscription rate and gives management additional capital for its Grow Nonwovens, Reset Textiles strategy.

What does the price position show?

Lenzing's EUR 10.65 quote sits 5.86 percent above the EUR 10.06 52-week low and 64.26 percent below the EUR 29.80 high, based on October 23, 2026 market figures. The shares had a market capitalization of EUR 556.90 million, a price-to-earnings ratio of minus 2.29 and volume of 167,538 shares at the same market snapshot. The range places the current quote near the lower end of the year's trading band.

Targets and the next reporting date

Berenberg's EUR 17.00 target stands 59.62 percent above the Lang & Schwarz price. The gap is wide enough to make the target a valuation reference rather than a short-term price signal, especially after the capital increase expanded the share count. MarketScreener lists November 4, 2026 as Lenzing's next earnings release date, giving investors the next scheduled point for assessing the financing measures and operating progress.

The latest market picture combines a modest intraday move with a much larger gap between the current quote and the analyst target. The capital raised is a concrete balance-sheet event, while the next results date provides the next company-specific checkpoint.

Stock position in Vienna

Lenzing's price was EUR 10.65 at Lang & Schwarz on October 23, 2026 at 3:11 p.m. CEST, 0.47 percent above the Vienna close of October 22, 2026 at EUR 10.60. The company is listed on the Vienna Stock Exchange and is a member of the ATX. The further course of trading is shown by the continuously updated real-time quote of Lenzing stock.