Carl Zeiss Meditec AG Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Carl Zeiss Meditec AG stock has a consensus rating of "Sell" and an average price target of €27.15. The average 1-year stock price forecast is 7.84% lower than the current stock price, while the lowest is €18.10 (-38.56%) and the highest is €35.00 (+18.81%).

Price Target: €27.15 (-7.84%)

Analyst Consensus: Sell

Price Target

Chart

Target	Low	Average	Median	High
Price	€18.10	€27.15	€27.00	€35.00
Change	-38.56%	-7.84%	-8.35%	+18.81%

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

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	1	1	1	1	0	0
Buy	1	0	0	0	0	0
Hold	13	14	14	13	11	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	3	4
Total	16	16	16	15	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sam England Berenberg Bank	Berenberg Bank	Hold Maintains €28.00	Hold	Maintains	€28.00	-4.96%	Sep 11, 2026
Anchal Verma J.P. Morgan	J.P. Morgan	Sell Maintains n/a	Sell	Maintains	n/a	n/a	Sep 10, 2026
Jack Reynolds-Clark Morgan Stanley	Morgan Stanley	Sell Initiates €25.88	Sell	Initiates	€25.88	-12.15%	Sep 2, 2026
Unknown Analyst DZ BANK AG No rating	DZ BANK AG	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Aug 14, 2026
Falko Friedrichs Deutsche Bank	Deutsche Bank	Hold Maintains €28.00 → €26.00	Hold	Maintains	€28.00 → €26.00	-11.74%	Aug 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.18B

from 2.23B

-2.33%

from 2.23B

Revenue Next Year

2.28B

from 2.18B

4.60%

from 2.18B

EPS This Year

1.33

from -

EPS Next Year

1.48

from 1.33

10.62%

from 1.33

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	1.65B	1.90B	2.09B	2.07B	2.23B	2.18B
Revenue Growth	23.31%	15.55%	9.80%	-1.11%	7.82%	-2.33%
Gross Profit	967.21M	1.13B	1.21B	1.09B	1.18B	1.11B
Gross Margin	58.73%	59.26%	57.71%	52.69%	52.76%	50.79%
Operating Income	370.38M	397.68M	349.06M	177.21M	223.30M	152.29M
Net Income	236.28M	293.91M	290.40M	178.73M	141.21M	54.74M
EPS	-	-	-	-	-	1.33
Forward PE	57.14	34.30	25.66	27.99	20.77	22.09
Dividend / Share	0.90	1.10	1.10	0.60	0.55	0.46
Dividend Growth	80.00%	22.22%	-	-45.46%	-8.33%	-16.28%
Free Cash Flow	-	-	-	-	87.32M	59.02M
No. Analysts	-	-	-	-	-	13

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.2B
Avg	2.2B
Low	2.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	0.2%
Avg	-2.3%
Low	-3.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.63
Avg	1.33
Low	1.00

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-29.5%
Avg	-42.5%
Low	-56.8%