Fresenius Medical Care AG Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Fresenius Medical Care AG stock has a consensus rating of "Hold" and an average price target of $25.49. The average 1-year stock price forecast is 8.28% higher than the current stock price, while the lowest is $17.71 (-24.77%) and the highest is $37.46 (+59.13%).

Price Target: $25.49 (+8.28%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17.71	$25.49	$22.71	$37.46
Change	-24.77%	+8.28%	-3.53%	+59.13%

* Price targets were last updated on May 21, 2026.

Analyst Ratings

The average analyst rating for Fresenius Medical Care AG 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	1	2	2	2	2
Buy	0	1	0	0	0	0
Hold	3	3	3	3	3	2
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	7	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David S Macdonald Truist Financial	Truist Financial	Hold Maintains $26	Hold	Maintains	$26	+10.45%	May 21, 2026

Financial Forecast

Revenue This Year

19.44B

from 19.63B

-0.95%

from 19.63B

Revenue Next Year

20.14B

from 19.44B

3.59%

from 19.44B

EPS This Year

3.95

from 4.28

-7.70%

from 4.28

EPS Next Year

4.40

from 3.95

11.26%

from 3.95

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	17.62B	19.40B	19.45B	19.34B	19.63B	19.44B
Revenue Growth	-1.35%	10.10%	0.29%	-0.61%	1.51%	-0.95%
Gross Profit	4.77B	4.89B	4.93B	4.76B	5.03B	5.06B
Gross Margin	27.09%	25.23%	25.32%	24.60%	25.62%	26.05%
Operating Income	1.90B	1.54B	1.52B	1.54B	1.87B	1.94B
Net Income	969.31M	673.41M	499.00M	537.91M	978.37M	836.05M
EPS	-	-	-	-	4.28	3.95
EPS Growth	-	-	-	-	37.62%	-7.70%
Forward PE	-	-	-	-	-	5.21
Dividend / Share	1.35	1.12	1.19	1.44	1.49	1.39
Dividend Growth	-	-17.04%	6.25%	21.01%	3.47%	-6.98%
Free Cash Flow	1.70B	1.02B	1.31B	2.03B	1.56B	1.88B
No. Analysts	-	-	-	-	-	16

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

Revenue Forecast

Revenue	2026	2027	2028
High	20.8B
Avg	19.4B
Low	19.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	5.9%
Avg	-0.9%
Low	-3.1%

EPS Forecast

EPS	2026	2027	2028
High	4.11
Avg	3.95
Low	3.76

EPS Growth

EPS Growth	2026	2027	2028
High	-4.0%
Avg	-7.7%
Low	-12.1%