Kardex (KARN)

Currency in CHF
258.50
-3.00(-1.15%)
Closed·
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Fair Value
Day's Range
257.00262.50
52 wk Range
202.00337.00
Key Statistics
Bid/Ask
251.00 / 262.00
Prev. Close
261.5
Open
260.5
Day's Range
257-262.5
52 wk Range
202-337
Volume
11.07K
Average Volume (3m)
17.81K
1-Year Change
-22.7205%
Fair Value
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Fair Value Upside
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KARN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
338.60
Upside
+30.98%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Kardex News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Strong Sell
Moving Averages
Neutral

Analyst Ratings

6 Buy
1 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 338.60
(+30.98% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy350.00+35.40%346.00MaintainAug 26, 2026
UBS
Buy346.00+33.85%348.00MaintainAug 04, 2026
Jefferies
Buy315.00+21.86%325.00MaintainAug 03, 2026
UBS
Buy348.00+34.62%346.00MaintainJul 03, 2026
UBS
Buy346.00+33.85%357.00MaintainJun 09, 2026

Kardex Earnings Call Summary for H1/2026

  • Kardex reported record H1 bookings of EUR 571.5M (+26% YoY), but EBIT plunged 40% to EUR 30.1M as margins compressed to 6.8% from 10.6%.
  • Revenue rose 6% to EUR 440.5M, but underutilized capacity and shift to lower-margin standardized systems pressured profitability significantly.
  • Order backlog surged 42% to EUR 727.2M, providing nine months visibility; management expects H2 margin recovery driven by higher utilization.
  • Full-year 2026 guidance cut: EBIT margin now 8-10% vs. prior 10-14%; revenue growth maintained at 15-20% with stronger H2 anticipated.
  • Strongest demand from APAC and Americas; Rocket Solution integration remains dilutive until expected 2027 breakeven; shares traded at $248, down 27.6% from highs.
Last Updated: 30/07/2026, 11:20
Read Full Transcript

Earnings

Latest Release
Jul 23, 2026
EPS / Forecast
2.93 / --
Revenue / Forecast
440.5M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.63%
Dividend Yield
2.29%
Industry Median 1.45%
Annualised payout
6.00
Paid annually
5-Years Growth
+11.76%
Growth Streak

KARN Income Statement

Compare KARN to Peers and Sector

Metrics to compare
KARN
Peers
Sector
Relationship
P/E Ratio
76.9x18.0x12.0x
PEG Ratio
−1.19−0.080.03
Price/Book
8.8x1.4x1.4x
Price / LTM Sales
2.5x0.7x1.2x
Upside (Analyst Target)
24.8%22.5%27.0%
Fair Value Upside
Unlock15.9%7.2%Unlock

Kardex Holding AG provides intralogistics solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through two segments, Automated Products and Standardized Systems. The company provides intelligent entry into automation with its dynamic storage and retrieval systems; offers integrated material handling systems, multi-shuttle technology, small parts storage systems and automated high-bay warehouses; storage and picking solutions for small parts; bin shuttle systems for lightgoods; storage and order fulfillment solutions; and life cycle services, as well as system upgrades, support, and digital services. It also provides vertical lift, Buffer, and carousel, as well as horizontal carousel modules; heavy-duty units; cubic bin storage solutions; power pick system; power pick cloud; control centers; machine interface software solutions; java machine interface; mobile data entry; plastic bins designed to store and transport goods for various industries; storage of heavy and oversized goods; vertical lift module boxes; stacker cranes; pick and place robotics; solutions for warehouse storage, order picking, packing, and shipping; and conveyor systems, as well as AutoStore solutions. Its products are used in automated storage and retrieval systems, buffering and sequencing, production and distribution logistics, spare parts management, and controlled environment. The company serves various sectors, such as automotive, chemicals, food and beverage, hospitals, mechanical engineering, pharmaceuticals, tyres, wood panel handling, E-commerce and retail, wholesale, third part logistics, public administration, and media storage and retrieval applications. Kardex Holding AG was founded in 1922 and is based in Zurich, Switzerland.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
2.43M31.51%635.97M
Other Institutional Investors
2.35M30.43%614.05M
Public Companies & Retail Investors
2.94M38.06%768.03M
Total
7.72M100.00%2.02B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BURU Holding AG22.16%1,709,876447,133
Van Lanschot Kempen Investment Management N.V.5.30%409,136106,989

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FAQ

What Is the Kardex (KARN) Stock Price Today?

The Kardex stock price today is 258.50 CHF.

What Stock Exchange Does Kardex Trade On?

Kardex is listed and trades on the Switzerland Stock Exchange.

What Is the Stock Symbol for Kardex?

The stock symbol for Kardex is "KARN."

What Is the Kardex Market Cap?

As of today, Kardex market cap is 2.02B CHF.

What Is Kardex's Earnings Per Share (TTM)?

The Kardex EPS (TTM) is 3.63.

From a Technical Analysis Perspective, Is KARN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Kardex Stock Split?

Kardex has split 1 times.

How Many Employees Does Kardex Have?

Kardex has 3037 employees.

What is the current trading status of Kardex (KARN)?

As of Aug 31, 2026, Kardex (KARN) is trading at a price of 258.50 CHF, with a previous close of 261.50 CHF. The stock has fluctuated within a day range of 257.00 CHF to 262.50 CHF, while its 52-week range spans from 202.00 CHF to 337.00 CHF.

What Is Kardex (KARN) Price Target According to Analysts?

The average 12-month price target for Kardex is 338.60 CHF, with a high estimate of 453 CHF and a low estimate of 268 CHF. 6 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +30.98% Upside potential.
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