Carl Zeiss Meditec AG (ETR:AFX)
Germany flag Germany · Delayed Price · Currency is EUR
34.86
-0.14 (-0.40%)
Nov 4, 2026, 10:53 AM CET

Carl Zeiss Meditec AG Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Carl Zeiss Meditec AG stock has a consensus rating of "Sell" and an average price target of €26.93. The average 1-year stock price forecast is 22.75% lower than the current stock price, while the lowest is €18.10 (-48.08%) and the highest is €35.00 (+0.40%).

Price Target: €26.93 (-22.75%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price€18.10€26.93€26.50€35.00
Change-48.08%-22.75%-23.98%+0.40%

Analyst Ratings

The average analyst rating for Carl Zeiss Meditec AG stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111000
Buy000000
Hold14141311119
Sell111111
Strong Sell000345
Total161615151615

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
DZ BANK AG
No rating
DZ BANK AG
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 24, 2026
J.P. Morgan
J.P. Morgan
Sell
Maintains
€18.10
SellMaintains€18.10-48.08%Oct 23, 2026
Barclays
Barclays
Hold
Maintains
€27.00
HoldMaintains€27.00-22.55%Oct 16, 2026
Deutsche Bank
Deutsche Bank
Hold
Maintains
€26.00
HoldMaintains€26.00-25.42%Oct 15, 2026
Goldman Sachs
Goldman Sachs
Sell
Downgrades
€23.00
SellDowngrades€23.00-34.02%Oct 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.18B
from 2.23B
Decreased by -2.36%
Revenue Next Year
2.28B
from 2.18B
Increased by 4.64%
EPS This Year
1.34
EPS Next Year
1.46
from 1.34
Increased by 9.07%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025Sep 30, 2026
Revenue
1.65B1.90B2.09B2.07B2.23B2.18B
Revenue Growth
23.31%15.55%9.80%-1.11%7.82%-2.36%
Gross Profit
967.21M1.13B1.21B1.09B1.18B1.10B
Gross Margin
58.73%59.26%57.71%52.69%52.76%50.79%
Operating Income
370.38M397.68M349.06M177.21M223.30M160.32M
Net Income
236.28M293.91M290.40M178.73M141.21M19.75M
EPS
-----1.34
Forward PE
57.1434.3025.6627.9920.7726.05
Dividend / Share
0.901.101.100.600.550.44
Dividend Growth
80.00%22.22%--45.46%-8.33%-19.94%
Free Cash Flow
----133.27M59.02M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High2.2B
Avg2.2B
Low2.1B

Revenue Growth

Revenue Growth202620272028
High
0.2%
Avg
-2.4%
Low
-3.8%

EPS Forecast

EPS202620272028
High1.61
Avg1.34
Low1.00

EPS Growth

EPS Growth202620272028
High
-30.5%
Avg
-42.2%
Low
-56.8%