ETR:BDT Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, ETR:BDT stock has a consensus rating of "Buy" and an average price target of €17.40. The average 1-year stock price forecast is 87.10% higher than the current stock price, while the lowest is €15.00 (+61.29%) and the highest is €23.00 (+147.31%).

Price Target: €17.40 (+87.10%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€15.00	€17.40	€16.00	€23.00
Change	+61.29%	+87.10%	+72.04%	+147.31%

* Price targets were last updated on Feb 13, 2026.

Analyst Ratings

The average analyst rating for ETR:BDT stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Berenberg Bank No rating	Berenberg Bank	Hold Maintains €21.00	Hold	Maintains	€21.00	+125.81%	Feb 13, 2026

Financial Forecast

Revenue This Year

930.01M

from 977.94M

-4.90%

from 977.94M

Revenue Next Year

979.86M

from 930.01M

5.36%

from 930.01M

EPS This Year

-2.01

from -

EPS Next Year

2.53

from -2.01

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	848.59M	1.01B	1.16B	1.19B	977.94M	930.01M
Revenue Growth	-7.42%	18.92%	14.69%	2.55%	-17.61%	-4.90%
Gross Profit	125.92M	160.06M	185.57M	107.75M	96.62M	818.41M
Gross Margin	14.84%	15.86%	16.03%	9.08%	9.88%	88.00%
Operating Income	18.70M	37.68M	48.91M	-96.64M	-38.72M	-9.26M
Net Income	6.91M	21.13M	30.44M	-77.17M	-53.81M	-17.64M
EPS	-	-	-	-	-	-2.01
Dividend / Share	0.27	0.85	1.20	0.25	-	0.51
Free Cash Flow	28.09M	8.62M	-5.11M	39.45M	24.76M	-466.67K
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	1.0B
Avg	930.0M
Low	899.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.4%
Avg	-4.9%
Low	-8.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-2.01
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-