ETR:PAH3 Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, ETR:PAH3 stock has a consensus rating of "Hold" and an average price target of €36.40. The average 1-year stock price forecast is 16.33% higher than the current stock price, while the lowest is €31.00 (-0.93%) and the highest is €45.00 (+43.82%).

Price Target: €36.40 (+16.33%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	€31.00	€36.40	€35.00	€45.00
Change	-0.93%	+16.33%	+11.86%	+43.82%

Analyst Ratings

The average analyst rating for ETR:PAH3 stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	7	6	6	6	6	6
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	11	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Hummel UBS	UBS	Buy Upgrades €40.00 → €60.00	Buy	Upgrades	€40.00 → €60.00	+91.75%	Jun 8, 2026
Javier Martinez Olcoz Cerdan Morgan Stanley	Morgan Stanley	Sell Maintains €37.00 → €42.00	Sell	Maintains	€37.00 → €42.00	+34.23%	Jun 4, 2026
Stephen Reitman Bernstein	Bernstein	Hold Maintains €38.00 → €35.00	Hold	Maintains	€38.00 → €35.00	+11.86%	May 15, 2026
Tom Narayan RBC Capital	RBC Capital	Hold Maintains €40.00 → €41.00	Hold	Maintains	€40.00 → €41.00	+31.03%	May 14, 2026
Michael Raab Kepler Capital	Kepler Capital	Hold Maintains €34.00 → €33.00	Hold	Maintains	€34.00 → €33.00	+5.47%	Apr 16, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

14.43

from 9.45

52.65%

EPS Next Year

15.66

from 14.43

8.53%

from 14.43

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	-	-	-	-	-	-
Operating Income	-42.00M	136.00M	184.00M	-31.00M	-52.00M	2.25B
Net Income	4.57B	5.49B	5.07B	-20.02B	2.65B	3.42B
EPS	-	-	-	-	9.45	14.43
EPS Growth	-	-	-	-	-8.16%	52.65%
Forward PE	5.54	3.12	2.69	2.39	3.26	2.17
Dividend / Share	2.56	2.56	2.56	1.91	1.51	1.62
Dividend Growth	-	-	-	-25.39%	-20.94%	7.10%
Free Cash Flow	-248.25M	-75.00M	222.00M	-239.38M	-553.88M	556.70M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2027	2028
High	-
Avg	-
Low	-

EPS Forecast

EPS	2026	2027	2028
High	18.49
Avg	14.43
Low	10.14

EPS Growth

EPS Growth	2026	2027	2028
High	95.7%
Avg	52.7%
Low	7.3%