JPMorgan keeps EUR 110 target for Nemetschek stock

Published on 10/26/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due on November 5, 2026. Nemetschek stock costs EUR 75.65 on October 26, 2026 versus the EUR 75.70 Xetra close.

Key figures behind the setup

JPMorgan kept its EUR 110.00 target and Overweight rating on October 20, 2026.
Second-quarter 2026 revenue reached EUR 327.66 million, while net income was EUR 66.04 million.
Nemetschek stock trades at EUR 75.65 at 10:02 a.m. CET at Lang & Schwarz on October 26, 2026, 0.07 percent below the Xetra close of October 23, 2026.

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Nemetschek (ISIN DE0006452907) was trading at EUR 75.65 at Lang & Schwarz on October 26, 2026 at 10:02 a.m. CET, 0.07 percent below the Xetra close of October 23, 2026 at EUR 75.70. JPMorgan kept its EUR 110.00 price target and Overweight rating on October 20, 2026, setting a clear test for the software group's next report.

Three milestones shape the setup

Nemetschek reported 17.00 percent revenue growth with its first-quarter 2026 update dated April 30, 2026. The company then expanded its 2026 outlook on July 28, 2026, including 14.00-15.00 percent organic revenue growth and a 32.00-33.00 percent EBITDA margin target before acquisition effects. On October 20, 2026, FinanzNachrichten.de reported that JPMorgan placed the stock on its Analyst Focus List while keeping the EUR 110.00 target.

What will the November report test?

The key question is whether growth and profitability can support the optimistic analyst case. Nemetschek's second-quarter 2026 revenue was EUR 327.66 million, up 13.00 percent from the prior-year quarter, while net income reached EUR 66.04 million. The operating result was EUR 78.98 million, giving investors a concrete base for judging the next update.

Upcoming reporting date

The next scheduled company event is the third-quarter 2026 results release on November 5, 2026, according to the investor-relations calendar. JPMorgan's forecast is demanding because the bank expects industry-leading earnings growth, while the latest reported quarter already combined double-digit revenue growth with a 20.14 percent net margin.

Target leaves a valuation gap

At EUR 75.65, JPMorgan's EUR 110.00 target lies 45.41 percent above the Lang & Schwarz price. That gap is an analyst expectation, not a reported outcome, and the November figures will provide the next operating evidence.

Stock and market data

Nemetschek was trading at EUR 75.65 at Lang & Schwarz on October 26, 2026 at 10:02 a.m. CET, 0.07 percent below the Xetra close of October 23, 2026 at EUR 75.70. The continuously updated real-time quote of Nemetschek stock shows the further course of trading.