Mostostal Zabrze stock: BDM raises target to PLN 7.84 from PLN 7.73
Published on 10/23/2026 at 06:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and reporting date
- DM BDM raised its target to PLN 7.84 on October 14, 2026.
- First-half 2026 revenue reached PLN 634 million and net income PLN 18.7 million.
- Mostostal Zabrze plans to publish third-quarter 2026 results on November 19, 2026.
Mostostal Zabrze (PLMSTZB00018) received a higher PLN 7.84 target from DM BDM on October 14, 2026, up from PLN 7.73. As Bankier.pl reported, the brokerage kept its buy recommendation and linked the revision to a stronger industrial and construction order book.
Three events shape the case
The recent chronology is concrete. On September 25, 2026, a Mostostal Zabrze subsidiary signed a German chemical-installation contract valued at PLN 306 million, according to StockWatch.pl. On October 14, 2026, its subsidiary submitted the lowest PLN 187 million net offer in a Warsaw airport tender, as Puls Biznesu reported. The same October 14 date brought the DM BDM target increase to PLN 7.84 from PLN 7.73.
What does the target mean for earnings?
The valuation case rests on order visibility and uneven profitability. In the first half of 2026, revenue rose 25 percent year over year to PLN 634 million, while net income increased 1 percent to PLN 18.7 million, according to StockWatch.pl. The order book stood at PLN 1.26 billion at the end of August 2026, compared with PLN 1.22 billion a year earlier. Industrial projects represented 56 percent of the portfolio, with their value up 29 percent year over year.
The counterweight is execution risk in weaker production activities. DM BDM forecast 2026 EBITDA of PLN 71.5 million and 2027 EBITDA of PLN 92.6 million, while management is working toward break-even at the leased Stalmech plant in P?ock.
Next reporting date
Mostostal Zabrze is scheduled to publish third-quarter 2026 results on November 19, 2026, according to StockWatch.pl. That release should show whether contract timing is converting the larger backlog into operating profit.
Valuation rests on execution
As of September 25, 2026, Mostostal Zabrze had a PLN 415.71 million market capitalization and a PLN 5.56 to PLN 7.24 52-week range on the Warsaw Stock Exchange. The company combines industrial construction, steel structures and specialist installations, making contract timing central to the earnings profile.
The further course of trading is shown by the continuously updated real-time quote of Mostostal Zabrze stock.
Mostostal Zabrze key data
- Company: Mostostal Zabrze S.A.
- ISIN: PLMSTZB00018
- Ticker: MSZ
- Primary exchange: Warsaw Stock Exchange
- Market capitalization: PLN 415.7 million (as of September 25, 2026)
- 52-week range: PLN 5.56-7.24 (as of September 25, 2026)
- Sector / Industry: Industrials / Engineering and Construction
Market context: Market report WIG 20.
