Bilfinger, DE0005201602

Bilfinger stock cuts 2026 outlook and holds up on analyst support

Published on 09/19/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bilfinger stock (ISIN DE0005201602) traded at EUR 58.50 on September 18, 2026 after a 1.4 percent drop. Revenue guidance now stands at EUR 5.3 billion to EUR 5.7 billion and adjusted EBITA margin at 3.2 percent to 3.6 percent.

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Bilfinger stock (ISIN DE0005201602) traded at EUR 58.50 on September 18, 2026 after falling 1.4 percent in XETRA trading, as the group cut its 2026 outlook. The Mannheim-based Bilfinger SE now expects revenue of EUR 5.3 billion to EUR 5.7 billion and an adjusted EBITA margin of 3.2 percent to 3.6 percent for 2026.

Guidance reset

According to HNA on September 19, 2026, Bilfinger also lowered free cash flow guidance to EUR 180 million to EUR 220 million from EUR 250 million to EUR 300 million. The same report said the company is planning a worldwide restructuring program and has tied the weaker second half to delayed customer investment.

The cut is sizeable. Revenue guidance was reduced by EUR 100 million at the low end and EUR 200 million at the high end, while the EBITA margin range was trimmed by 2.6 percentage points at both ends.

Broker view splits

According to MarketScreener on September 18, 2026, Deutsche Bank kept a Buy rating on Bilfinger and cut its price target from EUR 125 to EUR 100. That still implied 68.1 percent upside to the last close of EUR 57.40 shown on the same page.

On the same analyst page, Bernstein downgraded Bilfinger to Market Perform and cut its target, while the listed consensus showed five analysts, a mean Buy rating and an average target price of EUR 96.50.

Stock near the low

Bilfinger stock was quoted at EUR 58.50 on September 18, 2026, with a session low of EUR 58.30 and a market capitalization of EUR 2.19 billion. On the same market snapshot, the 52-week low was EUR 56.45 and the stock was still about 45.3 percent below year-start levels.