MPCM cuts KION target to EUR 54: KION stock sits 52.72 percent below its high

Published on 10/27/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KION cut 2026 adjusted EBIT guidance to EUR 815-875 million on October 14, 2026. KION stock costs EUR 33.31 on October 27, 2026, 0.42 percent below Xetra close.

Guidance and dates

KION expected adjusted EBIT of EUR 203.00 million for the third quarter on October 14, 2026.
MPCM cut its KION target from EUR 58.00 to EUR 54.00 on October 15, 2026.
KION stock trades at EUR 33.31 at 10:04 a.m. CEST at Lang & Schwarz on October 27, 2026, 0.42 percent below the Xetra close of October 26, 2026.
KION will publish its third-quarter report on October 29, 2026.

KION, DE000KGX8881, Illustration mit AI erstellt.

KION (ISIN DE000KGX8881) stock sits 52.72 percent below its 52-week high of EUR 70.45, while the company faces a lowered 2026 outlook and a reduced analyst target. Financial Times reported on October 14, 2026 that KION expected third-quarter adjusted EBIT of EUR 203.00 million, below the EUR 211.00 million consensus. MarketScreener reported on October 15, 2026 that MPCM cut its target from EUR 58.00 to EUR 54.00 while retaining a Buy rating.

Guidance reset changes the debate

KION reduced its fiscal year 2026 revenue outlook to EUR 11.45 billion-11.75 billion from EUR 11.525 billion-12.025 billion. Adjusted EBIT guidance fell to EUR 815.00 million-875.00 million from EUR 880.00 million-980.00 million, and the company pushed its double-digit adjusted EBIT margin goal beyond 2027. The company attributed the change mainly to weaker-than-expected third-quarter order intake in Industrial Trucks and Services, where adjusted EBIT was expected at EUR 163.00 million versus EUR 175.00 million consensus, according to Financial Times.

What does the target cut mean?

The target reduction leaves MPCM at EUR 54.00, but the rating stayed Buy in the October 15, 2026 report. That target is 62.13 percent above the Lang and Schwarz price of EUR 33.31, using the same euro basis. The comparison highlights the gap between analysts' valuation and the weaker operating outlook rather than offering a forecast.

Three dated KION developments

On October 14, 2026, KION projected third-quarter revenue of EUR 2.835 billion and adjusted EBIT of EUR 203.00 million in its revised outlook. On October 14, 2026, it also lowered fiscal year adjusted EBIT guidance to EUR 815.00 million-875.00 million from EUR 880.00 million-980.00 million. On October 15, 2026, MPCM cut its KION target from EUR 58.00 to EUR 54.00, as reported by MarketScreener.

Two dates for investors

EQS News lists October 29, 2026 as the publication date for KION's third-quarter report. A separate company calendar cited by Simply Wall St schedules the fiscal year 2026 results for March 4, 2027.

Stock remains near its yearly low

KION stock is valued at EUR 4.4 billion by market capitalization, while its 52-week range is EUR 31.88 to EUR 70.45. The current level is only 4.49 percent above the yearly low, making the October 29 report the next quantified test of whether the revised guidance reflects the operating trough.

At Lang & Schwarz, KION stock was trading at EUR 33.31 on October 27, 2026 at 10:04 a.m. CEST, 0.42 percent below the Xetra close of October 26, 2026 at EUR 33.45. The further course of trading is shown by the continuously updated real-time quote of KION stock.