Heidelberg Materials sees recovery. Target for Heidelberg Materials stock falls to EUR 206.00
Published on 10/26/2026 at 09:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecovery signs and targets
- On October 23, 2026, CEO Dominik von Achten told Reuters that construction showed early recovery signs.
- Q3 2026 consensus revenue is EUR 6.19 billion versus EUR 5.81 billion for Q3 2025.
- Heidelberg Materials stock trades at EUR 147.43 at 9:50 a.m. CET at Lang & Schwarz on October 26, 2026, minus 0.25 percent versus the Xetra close of October 23, 2026.
Heidelberg Materials (ISIN DE0006047004) was trading at EUR 147.43 at Lang & Schwarz on October 26, 2026 at 9:50 a.m. CET, minus EUR 0.37 or minus 0.25 percent versus the Xetra close of October 23, 2026. On October 23, 2026, CEO Dominik von Achten told Reuters that Heidelberg Materials was seeing early signs of a construction recovery.
Why Q3 expectations matter
The recovery signal is still an operating assessment, not a reported quarterly result. Reuters said investment linked to Berlin's infrastructure package was gaining traction, while the company was discussing lower-carbon materials with major hyperscalers.
The next measurable test is the third-quarter consensus. In a document dated October 19, 2026, Heidelberg Materials compiled expectations for revenue of EUR 6.19 billion in Q3 2026, versus EUR 5.81 billion in Q3 2025, an increase of 6.66 percent. Operating EBITDA is expected at EUR 1.57 billion, versus EUR 1.50 billion a year earlier.
Three dated developments
On October 7, 2026, Heidelberg Materials agreed to acquire NCC's Swedish and Norwegian aggregates and asphalt operations, adding 106 aggregates sites and 44 asphalt plants. On October 20, 2026, MarketScreener reported that Deutsche Bank cut its target from EUR 210.00 to EUR 206.00 while retaining its Buy rating. On October 23, 2026, Reuters reported von Achten's early recovery assessment.
Next reporting date
Reuters said Heidelberg Materials is scheduled to publish its third-quarter 2026 results on November 4, 2026. That release will allow investors to compare actual revenue and operating performance with the EUR 6.19 billion consensus revenue estimate and EUR 1.57 billion operating EBITDA estimate.
Stock position after the signals
The market value was EUR 26.0 billion as of October 26, 2026. The Xetra quotation page showed a 52-week range of EUR 137.20 to EUR 241.80 on October 23, 2026, leaving the Lang & Schwarz price EUR 10.23 above the low and EUR 94.37 below the high.
Heidelberg Materials was trading at EUR 147.43 at Lang & Schwarz on October 26, 2026 at 9:50 a.m. CET, minus 0.25 percent versus the Xetra close of October 23, 2026 at EUR 147.80. The further course of trading is shown by the continuously updated real-time quote of Heidelberg Materials stock.
Heidelberg Materials market facts
- Company: Heidelberg Materials AG
- ISIN: DE0006047004
- WKN: 604700
- Ticker: HEI
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 26, 2026, 9:50 a.m. CET): EUR 147.43
- Change versus Xetra close: minus 0.25 percent
- Xetra close (October 23, 2026): EUR 147.80
- Market capitalization: EUR 26.0 billion (as of October 26, 2026)
- 52-week range: EUR 137.20-EUR 241.80 (as of October 23, 2026)
- Sector / Industry: Basic Materials / Construction Materials
Market context: Market report DAX.
