Schneider Electric stock gets higher targets after Shelly bid

Published on 09/28/2026 at 14:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kepler Cheuvreux lifted its target from EUR 300.00 to EUR 340.00 on September 9, 2026. Schneider Electric stock traded at EUR 290.40 on September 28, 2026, after strong first-half growth.

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Schneider Electric stock was trading at EUR 290.40 on Euronext Paris on September 28, 2026, down 1.01 percent in the quoted session. The latest catalyst is a planned EUR 70.00-per-share cash offer for Shelly Group, a move that expands Schneider Electric's position in connected-home and smart-building technology.

Shelly offer adds a new growth leg

As Reuters reported on September 24, 2026, Schneider Electric intends to launch a voluntary public takeover offer for Shelly Group at EUR 70.00 per share. The transaction is subject to regulatory approvals and is expected to close in Q1 2027.

The offer also carries a 95 percent minimum acceptance threshold, according to Shelly Group in its September 24, 2026 announcement. That condition gives the deal a clear execution hurdle even though the founders have backed the proposed transaction.

Targets move above the share price

Analyst sentiment has also provided a measurable counterweight to the daily decline. Ideal Investisseur reported on September 9, 2026, that Kepler Cheuvreux raised its target from EUR 300.00 to EUR 340.00 and BofA Securities increased its target from EUR 346.00 to EUR 362.00, with buy recommendations maintained.

Bernstein separately maintained a Buy rating and a EUR 350.00 target in a research note dated September 14, 2026, according to MarketScreener. The range of targets places execution of the Shelly strategy and margin delivery ahead of the next quarterly checkpoint.

First-half growth supports guidance

Schneider Electric reported EUR 21.226 billion of first-half 2026 revenue, up 9.8 percent, and EUR 2.488 billion of net income, according to Ideal Investisseur. The same report cited adjusted EBITA growth guidance of 14 percent to 19 percent for 2026, giving investors a quantified benchmark for the second half.

Stock trades below its September high

Schneider Electric's market capitalization stood at EUR 168.4 billion as of September 25, 2026. The next reported checkpoint listed for the company is third-quarter revenue on October 29, 2026, while the share price and analyst targets leave the market focused on delivery against the upgraded outlook.