HomeMarket analysisHeidelberg Materials stock forecast: Third-party price targets

Heidelberg Materials stock forecast: Third-party price targets

Heidelberg Materials operates across global construction materials markets, and its shares are commonly analysed using company performance, sector trends and macroeconomic factors. Explore HEI’s recent price action, third-party price targets and technical analysis.
By Dan Mitchell
Heidelberg Materials Stock Forecast 2026–2030
Photo: Shutterstock

Heidelberg Materials AG (HEI) is trading around €231.04 in early European dealings on 15 January 2026, within an intraday range of approximately €229.07–€232.06 as of 9:37am UTC. Past performance is not a reliable indicator of future results.

The share is moving amid ongoing focus on Heidelberg Materials’ November 2025 quarter, when revenue for Q3 2025 rose about 1% year on year to roughly €5.81bn and results from current operations increased by around 5% to €1.18bn, supported by pricing actions and cost management (Morningstar, 6 November 2025). Trading also follows the group’s sustainable financing initiatives, including a €500m green bond announced for issuance by Heidelberg Materials Finance Luxembourg, with a planned stabilisation period running from 8 to 26 January 2026 (Investing.com, 8 January 2026), as well as continued strategic investments such as the acquisition of Walan Specialty Construction Products in North America to expand its low-carbon portfolio (Yahoo Finance, 20 November 2025).

Heidelberg Materials stock forecast 2026–2030: Third-party price targets

As of 15 January 2026, third-party Heidelberg Materials stock predictions span a wide range across euro- and dollar-denominated listings, reflecting differing assumptions around construction demand, pricing power and regional exposure.

Fintel (euro listing overview)

A separate Fintel overview covering Heidelberg Materials’ euro-denominated shares cites an average one-year HEI stock forecast of €231.83, with individual forecasts spanning from approximately €138.02 to €307.46. The service presents these figures as a consolidated view of multiple brokers’ models, reflecting ongoing revisions linked to earnings momentum and construction-cycle assumptions across Europe (Fintel, 15 January 2026).

Simply Wall St (analyst coverage snapshot)

Simply Wall St indicates that Heidelberg Materials is followed by more than 30 analysts, providing an average consensus target of €232.53, with a maximum estimate of €300, and a minimum of €140. The platform notes expectations for mid-single-digit revenue growth and comparatively stronger earnings growth over the coming years, as analysts factor in cost measures and decarbonisation investments when updating their forecasts (Simply Wall St, 15 January 2026).

Berenberg (broker update)

A Berenberg note states that the bank has set a €260 target price in its HEI stock forecast with a ‘buy’ rating, citing improving earnings trends and a more supportive peer-group valuation backdrop for European building materials stocks. The update, relayed via a newswire summary, links the higher target to continued cost discipline and the potential for margin resilience should construction activity stabilise in key regions (The Globe and Mail, 10 January 2026).

JPMorgan (equity research)

JPMorgan raises its Heidelberg Materials target price from €231 to €260, retaining an overweight stance on heavy building materials manufacturers into 2026. The bank notes expected support from infrastructure and construction activity as well as company‑specific earnings drivers (MarketScreener, 3 December 2025).

Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.

HEI stock price: Technical overview

The HEI stock price is trading near €231.04 as of 9:37am UTC on 15 January 2026, holding above a rising cluster of daily moving averages, with the 20-, 50-, 100- and 200-day simple moving averages (SMAs) positioned around €225, €217, €208 and €196 respectively. The 14-day RSI sits in the upper-neutral zone near 62.0, while the ADX reading of around 19.5 suggests a trend that is present but not yet strongly defined, with momentum and MACD indicators remaining on the positive side of neutral.

On the upside, the first area to monitor sits near the classic R1 pivot at around €228.8, with R2 near €234.6 coming into focus if the price records a sustained daily close above this region. The recent Hull moving average near €231.4 may also act as a nearer-term reference. On pullbacks, the central classic pivot around €221.0 marks initial support, with the 100-day SMA near €207.5 forming the next notable level. The S1 pivot at approximately €215.2 represents an intermediate area should the price move back below the central pivot band (TradingView, 15 January 2026).

This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Heidelberg Materials share price history (2024–2026)

HEI’s stock price has undergone a significant re-rating over the past two years, rising from around €84 in mid-January 2024 to roughly €127 by mid-January 2025. The move then accelerated into late 2025, as building materials stocks recovered and company-specific news flow improved.

By 15 January 2026, the HEI share price had advanced further to approximately €231–€232. The stock traded above €200 for much of the fourth quarter of 2025 and remained largely within a low-€220s to low-€230s range into early 2026, underscoring the scale of the two-year advance from double-digit levels to well above €200 per share.

Past performance is not a reliable indicator of future results.

Heidelberg Materials (HEI): Capital.com analyst view

Heidelberg Materials’ share price has climbed sharply over the past two years, moving from double-digit levels in early 2024 to above €200 through late 2025 and into the €220–€230 range by mid-January 2026. This advance has coincided with a broader recovery in European construction-linked equities and company initiatives focused on efficiency and decarbonisation. However, the trend has included periods of consolidation and short-term pullbacks as market sentiment has shifted.

Looking ahead, factors such as infrastructure spending, interest-rate expectations and cement demand may continue to influence the share price. Supportive macroeconomic data or earnings updates could help underpin current levels, while weaker construction activity, higher financing costs or project delays may weigh on valuations. Given the stock’s strong recent performance, any divergence from market expectations or a broader risk-off move in equities could result in increased price volatility as investors reassess positioning.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not a reliable indicator of future results.

Summary – Heidelberg Materials stock price

  • Heidelberg Materials traded broadly higher through 2025, rising from the low-€120s in January to above €220 by December on a closing basis.
     
  • The share price moved above €200 in the second half of the year and generally held within a €200–€230 range into late 2025.
     
  • Intraday ranges during the fourth quarter typically spanned a few euros per session, reflecting active but orderly trading conditions.
     
  • Technical indicators into year-end showed the price holding above key moving-average clusters, with upward momentum alongside scope for short-term pullbacks.

Past performance is not a reliable indicator of future results.

FAQ

Who owns most of Heidelberg Materials stock?

Heidelberg Materials has a diversified shareholder base that includes institutional investors, asset managers and private shareholders. Public disclosures indicate that large European and global investment firms hold significant stakes, reflecting the company’s inclusion in major equity indices and its relevance to the construction and materials sector. No single shareholder is reported to hold an outright controlling position, meaning ownership remains relatively dispersed and subject to changes in institutional holdings over time.

What is the five-year Heidelberg Materials share price forecast?

There is no single agreed five-year share price forecast for Heidelberg Materials, as longer-term projections vary widely between analysts and remain sensitive to evolving economic and sector conditions. Most publicly available forecasts focus on one-year horizons and reflect assumptions around construction demand, pricing, costs and decarbonisation investment. Over longer periods, share price outcomes are likely to depend on a combination of macroeconomic trends, infrastructure spending, interest-rate conditions and company-specific execution.

Is Heidelberg Materials a good stock to buy?

Whether Heidelberg Materials is considered a 'good' stock depends on an individual’s objectives, time horizon and risk tolerance. Analysts often reference factors such as earnings trends, cost management and exposure to construction markets when assessing the shares. At the same time, the stock has already undergone a substantial re-rating, and future performance may differ from past trends. This information is provided for general market context only and does not constitute investment advice.

Could Heidelberg Materials stock go up or down?

Heidelberg Materials’ share price can move both higher and lower, influenced by a range of factors. These include construction demand, input costs, interest rates, regulatory developments and broader equity market sentiment. Company results, guidance updates or changes in analyst expectations may also affect shorter-term price movements. As with all listed shares, periods of volatility are possible, and prices may react quickly to new information or shifts in market conditions.

Should I invest in Heidelberg Materials stock?

Deciding whether to invest in Heidelberg Materials is a personal decision that depends on individual financial circumstances, objectives and understanding of risk. Shares in construction-related companies can be sensitive to economic cycles and policy changes, which may lead to periods of volatility. You may wish to consider independent financial advice before making any investment decision. This content does not constitute a recommendation to buy or sell any security.

Can I trade Heidelberg Materials CFDs on Capital.com?

Yes, you can trade Heidelberg Materials CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

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