RBC maintains Hold rating on Randstad stock at EUR 39.00

Published on 10/26/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue rose 3.9 percent organically to EUR 6.115 billion. Randstad stock costs EUR 40.18 on October 26, 2026, minus 2.55 percent versus the Xetra close.

Analyst target and quarterly results

RBC Capital maintained a Hold rating and set a EUR 39.00 target on October 22, 2026.
Randstad reported Q3 revenue of EUR 6.115 billion, up 3.9 percent organically, on October 21, 2026.
Randstad stock costs EUR 40.18 at Lang & Schwarz on October 26, 2026 at 5:09 p.m. CEST, 2.55 percent below the Xetra close of October 23, 2026.

Randstad, NL0000379121, Illustration mit AI erstellt.

Randstad stock is above RBC Capital's EUR 39.00 target after the bank maintained its Hold rating, as Markets Insider reported on October 22, 2026. The target is 2.94 percent below the Lang & Schwarz price of EUR 40.18. Randstad was trading at EUR 40.18 at Lang & Schwarz on October 26, 2026 at 5:09 p.m. CEST, down 2.55 percent versus the Xetra close of October 23, 2026 at EUR 41.23.

Q3 revenue reaches EUR 6.115 billion

The latest operating picture is stronger than the share price session suggests. Randstad's Q3 2026 revenue reached EUR 6.115 billion, up 3.9 percent organically per working day and 5.00 percent on a reported basis, according to Quartr on October 21, 2026. Underlying EBITA rose 10.00 percent year over year to EUR 211.00 million, lifting the margin to 3.50 percent.

Net income also improved to EUR 110.00 million from EUR 83.00 million in the comparable period, while free cash flow reached EUR 250.00 million. The gross margin moved in the opposite direction, falling to 17.80 percent from 18.40 percent, leaving mix and pricing important for the next quarter.

Stock stays near its yearly high

Randstad's 52-week range is EUR 21.30 to EUR 42.18 as of October 26, 2026. The Lang & Schwarz price is 4.74 percent below the high, while the company's market capitalization is EUR 7.0 billion on the same date.

The October move follows a strong reaction to the third-quarter update, but the current level remains above RBC Capital's target. That gap gives the rating a clear numerical counterpoint without turning the target into a forecast.

Next reporting date is February 17

The next listed reporting date is February 17, 2027, for Randstad's fourth-quarter 2026 results, according to MarketScreener. Until then, investors have a recent quarterly comparison, a named EUR 39.00 target and a stock price close to its 52-week high.

Peer prices remain mixed

Adecco traded at CHF 22.98 on October 26, 2026, down 0.09 percent, with a market capitalization of CHF 4.0 billion. ManpowerGroup traded at USD 47.08 on the same date, down 0.95 percent, with a market capitalization of USD 2.2 billion. Randstad therefore remains the largest of these three staffing companies by reported market value.

Price and reporting date

Randstad's Q3 figures combine faster organic growth with a 3.50 percent underlying EBITA margin, while RBC Capital's EUR 39.00 target sits below the current euro quotation. The further course of trading is shown by the continuously updated real-time quote of Randstad stock.