Morgan Stanley cuts target for Wienerberger stock to EUR 16.00

Published on 10/08/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wienerberger stock was EUR 15.18 on October 8, 2026 versus EUR 15.49. EBITDA fell 15.00 percent to EUR 326.00 million in 2026's first half.

Wienerberger, AT0000831706, Illustration mit AI erstellt.

Wienerberger stock (AT0000831706) was trading at EUR 15.18 at Lang & Schwarz on October 8, 2026, down 2.00 percent versus the prior close of EUR 15.49. On October 7, 2026, Morgan Stanley cut its target from EUR 18.00 to EUR 16.00 and kept an Underweight rating, according to Borse Social.

Three dates show the reset

On September 8, 2026, Wienerberger reported second-quarter revenue of EUR 1.40 billion and operating EBITDA of EUR 230.00 million, down 9.00 percent year over year, according to Stock World. On September 19, 2026, a report said the company had lowered its full-year operating EBITDA guidance to EUR 700.00 million from EUR 810.00 million, according to Borse Global. The October 7 target cut to EUR 16.00 is the latest dated event in this sequence.

What does EUR 16.00 imply?

Morgan Stanley's new target stands EUR 0.82 above the Lang & Schwarz price, which means 5.41 percent upside from EUR 15.18. That comparison is narrow, but it gives investors a precise measure of how little room the revised target leaves at the current euro quote. Wienerberger's market capitalization was EUR 1.7 billion on October 8, 2026, based on the primary-listing quote data.

The earnings trend explains the cautious framing. Operating EBITDA for the first half of 2026 was EUR 326.00 million, a 15.00 percent year-over-year decline, while revenue rose 4.00 percent to EUR 2.434 billion, according to Stock World. The combination of higher sales and lower operating EBITDA puts margin protection ahead of simple top-line growth.

Two scheduled dates matter next

Wienerberger's investor-relations calendar lists the GEWINN Messe in Vienna for October 22, 2026, followed by the results report for the first nine months of 2026 on November 12, 2026, according to Wienerberger. The November release is scheduled to include an update on the strategic review and cost-optimization measures.

Stock remains below the target

At Lang & Schwarz, Wienerberger stock was trading at EUR 15.18 on October 8, 2026 at 1:30 p.m. CEST, down 2.00 percent versus the prior close of EUR 15.49. The further course of trading is shown by the continuously updated real-time quote of Wienerberger stock.