MPCM cuts KION target from EUR 58.00 to EUR 54.00: KION stock keeps Buy rating

Published on 10/26/2026 at 17:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. KION stock costs EUR 33.46 on October 26, 2026, up 1.30 percent versus Xetra close.

Analyst target and reporting date

MPCM cut its KION target from EUR 58.00 to EUR 54.00 on October 15, 2026.
KION is scheduled to publish its third-quarter 2026 report on October 29, 2026.
KION stock costs EUR 33.46 at Lang & Schwarz on October 26, 2026 at 5:02 p.m. CEST, 1.30 percent above the Xetra close of October 23, 2026.
KION has a price-to-earnings ratio of 11.36 and a market capitalization of EUR 4.4 billion as of October 26, 2026.

KION, DE000KGX8881, Illustration mit AI erstellt.

KION Group (ISIN DE000KGX8881) faces a lower analyst target before its third-quarter update, as MPCM cut its price target from EUR 58.00 to EUR 54.00 while keeping a Buy rating on October 15, 2026. The stock was trading at EUR 33.46 at Lang & Schwarz on October 26, 2026 at 5:02 p.m. CEST, up 1.30 percent from the Xetra close of October 23, 2026.

MPCM lowers target to EUR 54.00

According to MarketScreener, MPCM reduced the target after lowering its adjusted operating profit estimates through 2028. The report cited underused capacity in KION's Industrial Trucks and Services segment as a pressure point for the final quarter and 2027.

The new target of EUR 54.00 stands EUR 20.54, or 61.43 percent, above the Lang & Schwarz price. MPCM's unchanged Buy rating therefore comes with a substantially lower valuation benchmark than its earlier EUR 58.00 target.

What does the October 29 date add?

KION is scheduled to publish its third-quarter 2026 report on October 29, 2026. Boerse Express reported that the release will give investors a new view of order intake and utilization in the vehicle business after the 2026 outlook was reduced.

The latest standardized quarterly figures available for KION cover the second quarter of 2026. Revenue was EUR 2.9159 billion, operating profit was EUR 195.6 million and net income was EUR 112.2 million for that period. The figures provide a reference point for the October update, especially because the analyst note focused on adjusted operating profit rather than sales.

Stock valuation stays in view

KION's price-to-earnings ratio was 11.36 and its market capitalization was EUR 4.4 billion as of October 26, 2026. The 52-week range stood at EUR 31.88 to EUR 70.45, placing the Lang & Schwarz price EUR 1.58, or 4.96 percent, above the yearly low and EUR 36.99, or 52.51 percent, below the yearly high.

Trading volume on the Xetra listing was 90,570 shares at the latest quoted time. KION is listed on Xetra and is a member of the MDAX, while its business combines industrial trucks, warehouse technology and supply chain software under brands including Linde and Dematic.

Dates and valuation guide the next move

The October 29 report is the next scheduled corporate date. Investors will have fresh operating figures to compare with second-quarter revenue of EUR 2.9159 billion and operating profit of EUR 195.6 million, while the EUR 54.00 MPCM target remains a dated analyst benchmark rather than a company forecast.

Stock position after the target cut

KION stock was trading at EUR 33.46 at Lang & Schwarz on October 26, 2026 at 5:02 p.m. CEST, 1.30 percent above the Xetra close of October 23, 2026 at EUR 33.03. The further course of trading is shown by the continuously updated real-time quote of KION stock.