Manitou BF Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Manitou BF stock has a consensus rating of "Strong Buy" and an average price target of €23.90. The average 1-year stock price forecast is 25.53% higher than the current stock price, while the lowest is €20.00 (+5.04%) and the highest is €25.50 (+33.93%).

Price Target: €23.90 (+25.53%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	€20.00	€23.90	€25.00	€25.50
Change	+5.04%	+25.53%	+31.30%	+33.93%

* Price targets were last updated on Apr 29, 2026.

Analyst Ratings

The average analyst rating for Manitou BF stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	6	5	5	5	4	4
Buy	1	1	1	0	0	0
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	6	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Auguste Deryckx Lienart Kepler Capital	Kepler Capital	Hold Maintains €20.00	Hold	Maintains	€20.00	+5.04%	Apr 29, 2026

Financial Forecast

Revenue This Year

2.70B

from 2.56B

5.13%

from 2.56B

Revenue Next Year

2.80B

from 2.70B

3.98%

from 2.70B

EPS This Year

2.39

from 1.79

33.52%

from 1.79

EPS Next Year

2.91

from 2.39

21.76%

from 2.39

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.87B	2.36B	2.87B	2.66B	2.56B	2.70B
Revenue Growth	18.26%	25.98%	21.58%	-7.50%	-3.45%	5.13%
Gross Profit	316.35M	312.35M	487.67M	500.11M	452.12M	477.18M
Gross Margin	16.88%	13.23%	16.98%	18.83%	17.63%	17.70%
Operating Income	123.82M	84.75M	211.37M	198.96M	143.69M	143.69M
Net Income	86.76M	54.73M	143.39M	121.88M	68.42M	92.83M
EPS	-	-	-	-	1.79	2.39
EPS Growth	-	-	-	-	-45.02%	33.52%
Forward PE	10.95	11.29	6.90	5.44	7.87	7.97
Dividend / Share	0.80	0.63	1.35	1.25	0.75	0.89
Dividend Growth	-	-21.25%	114.29%	-7.41%	-40.00%	18.40%
Free Cash Flow	62.32M	-220.80M	-144.19M	120.33M	248.58M	26.90M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	2.7B
Avg	2.7B
Low	2.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	5.5%
Avg	5.1%
Low	4.5%

EPS Forecast

EPS	2026	2027	2028
High	2.89
Avg	2.39
Low	2.13

EPS Growth

EPS Growth	2026	2027	2028
High	61.5%
Avg	33.5%
Low	19.0%