Obrascon Huarte Lain stock forecast: Third-party price targets
Obrascón Huarte Lain is a Madrid-listed construction group operating in civil engineering, concessions and industrial services, with projects across Spain and international markets. Explore third-party OHL price targets and technical analysis.
Obrascón Huarte Lain, S.A. (OHL) is trading around €0.36 as of 10:22am on 23 January 2026, having moved slightly above an intraday range that saw prices fluctuate between approximately €0.35 and €0.36. Past performance is not a reliable indicator of future results.
Price action comes amid mixed signals for the wider European construction sector. Recent data show euro area construction output falling by 1.1% month on month in November 2025 (Eurostat, 20 January 2026), while medium-term outlook pieces reference expectations of a gradual recovery in 2026, supported by infrastructure and housing investment (ING Think, 29 January 2026). Company-specific news flow has included OHL’s November 2025 update, which reported a 30.3% year-on-year increase in EBITDA to €113.2m for the first nine months of 2025, alongside an order book of around €8.6bn (OHL, 27 November 2025). At the same time, management commentary highlighted that margins remain under pressure and net income has stayed negative in recent quarterly figures (Simply Wall St, 28 November 2025).
Obrascon Huarte Lain stock forecast 2026–2030: Third-party price targets
As of 23 January 2026, third-party Obrascon Huarte Lain stock predictions tend to cluster in a relatively narrow range above the current Capital.com last price of €0.36, with most third-party 12-month estimates falling between approximately €0.48 and €0.54 per share. These figures are based on external analyst and data-vendor methodologies and do not reflect Capital.com’s own view, nor do they guarantee future performance.
Investing.com (analyst summary)
Investing.com cites an average 12-month price target of around €0.53 for OHL, with a high estimate of €0.70 and a low of €0.38. The platform attributes this range to two buy-leaning recommendations – alongside one hold and one sell – highlighting that upside projections are conditional on execution across core construction and concessions activities, amid ongoing sector and macroeconomic uncertainty (Investing.com, 23 January 2026).
TradingView (broker and analyst blend)
TradingView shows a one-year OHL price target indication of around €0.56, with maximum and minimum estimates of €0.70 and €0.47 respectively, based on three analyst inputs. Commentary highlights a spread of views around a broadly neutral rating mix, as contributors balance historic losses against expectations for margin stabilisation and order-book support (TradingView, 23 January 2026).
Wallet Investor (algorithmic projection)
Wallet Investor shows an automatically generated OHL stock forecast, with its model indicating a near-term projected band of approximately €0.36 to €0.38 around that date. The site states that these projections are derived from historical price patterns and volatility inputs, rather than fundamental analysis, and are framed against changing conditions in Spanish equities and the broader construction sector (Wallet Investor, 21 January 2026).
Simply Wall St (update note)
Simply Wall St published a revised OHL analysis, referencing its existing analyst-consensus target in the low-€0.50 area while comparing this with a spot price near €0.35 at the time. The platform notes that its fair-value model continues to indicate a gap between market price and modelled estimates, as analysts factor in potential earnings recovery alongside sector-wide uncertainty and project-specific risks (Simply Wall St, 21 January 2026).
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.
OHL stock price: Technical overview
The OHL stock price trades near €0.36 as of 10:22am (UTC) on 23 January 2026, with price holding just below a downward-sloping cluster of key moving averages. The 20-, 50-, 100- and 200-day simple moving averages sit around €0.36, €0.38, €0.41 and €0.37 respectively. Momentum indicators remain neutral to soft, with the 14-day RSI near 43 suggesting mid-range conditions, while a low ADX reading around 14 points indicates a weak trend environment rather than a strong directional phase.
On the upside, the first area to monitor is the R1 pivot near €0.38. A sustained daily close above this zone would bring the R2 area around €0.41 into focus as a potential resistance level. On the downside, initial support aligns with the central pivot around €0.36. A break below this level could expose the S1 region near €0.33, should selling pressure increase (TradingView, 23 January 2026).
This technical commentary is provided for information only and does not constitute financial advice or a recommendation to trade.
Obrascon Huarte Lain share price history (2024–2026)
Over the past two years, OHL’s stock price has traded within a relatively contained range, broadly between €0.25 and €0.55, punctuated by several sharp swings. The stock ended 2024 near €0.41 before rallying into early 2025 and reaching a closing high close to €0.54 on 18 March 2025. It then retreated below €0.40 by late April. During the second half of 2025, prices drifted lower from the €0.48–€0.52 area in March towards €0.35–€0.40 by year-end. By 23 January 2026, OHL was changing hands at approximately €0.362, slightly below its end-2024 level but above the lows recorded in late 2024.
Past performance is not a reliable indicator of future results.
Obrascon Huarte Lain (OHL): Capital.com analyst view
Obrascón Huarte Lain’s share price has remained range-bound over the past two years, characterised by rallies and pullbacks rather than a sustained directional trend. The stock has responded to a combination of company-specific developments and shifts in construction sector sentiment, with notable moves around results announcements and capital-structure updates. Periods of retracement have followed as market participants reassessed profitability, leverage and execution risk within a competitive contracting environment.
Supportive factors include reported improvements in operating metrics, such as higher EBITDA and a larger order book, alongside sector commentary pointing to infrastructure and energy investment as potential medium-term supports. Counterbalancing these are persistent net losses, execution risk on complex projects and sensitivity to cost pressures or a slowdown in construction activity, particularly for a smaller, more leveraged business. As with any single equity, shorter-term price moves can be influenced by liquidity, positioning and macro headlines, making it important to consider both upside and downside scenarios.
Capital.com’s client sentiment for Obrascon Huarte Lain CFDs
As of 23 January 2026, Capital.com client positioning in Obrascón Huarte Lain CFDs shows 95% buyers versus 5% sellers, indicating a pronounced skew towards long positions. This imbalance suggests that most open positions are positioned for potential upside, while a change in news flow or market conditions could lead to a rapid shift in positioning. This snapshot reflects open positions on Capital.com at a specific point in time and may change.
Summary – Obrascon Huarte Lain 2026
- Obrascón Huarte Lain (OHL) trades around €0.36 as of 23 January 2026, following a volatile 2025 in which closing prices ranged between roughly €0.26 and €0.54.
- The share price peaked near €0.54 in March 2025 before gradually easing back towards the €0.35–€0.40 area by year-end.
- Recent technical indicators show price sitting just below a cluster of daily moving averages, with a neutral 14-day RSI in the low-40s and a weak overall trend signal.
- Company updates during 2025 highlighted improved EBITDA and a sizeable order book alongside continued net losses, leaving a mixed and nuanced backdrop for this construction-focused stock.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Obrascón Huarte Lain stock?
Obrascón Huarte Lain has a diversified shareholder base, with ownership spread across institutional investors, strategic shareholders and retail investors. Public disclosures indicate that no single shareholder holds an outright controlling stake, which is typical for listed construction groups that have undergone restructuring and capital changes. Ownership levels can change over time as institutions adjust exposure, so figures are best checked against the latest regulatory filings or company reports.
What is the five-year Obrascón Huarte Lain share price forecast?
There is no widely agreed five-year OHL stock forecast. Most third-party coverage focuses on shorter horizons, typically around 12 months, reflecting uncertainty around long-term margins, leverage and the construction cycle. Longer-term outcomes are likely to depend on factors such as project execution, balance-sheet repair, sector conditions and macroeconomic trends, all of which can evolve significantly over a multi-year period.
Is Obrascón Huarte Lain a good stock to buy?
Whether Obrascón Huarte Lain is considered attractive varies according to individual objectives, risk tolerance and time horizon. The company has reported improvements in operating metrics, such as EBITDA and order backlog, but continues to face challenges including net losses and margin pressure. Market participants typically weigh these factors against execution risk and sector cyclicality. This content is provided for information only and does not constitute investment advice.
Could Obrascón Huarte Lain stock go up or down?
Like any listed share, Obrascón Huarte Lain’s price can move in either direction. Upside or downside movements may reflect company results, project developments, changes in construction-sector sentiment or broader macroeconomic conditions. Shorter-term price action can also be influenced by liquidity, positioning and technical factors. Past price behaviour does not provide a reliable indication of future performance, particularly in a cyclical and competitive industry.
Should I invest in Obrascón Huarte Lain stock?
Deciding whether to invest in Obrascón Huarte Lain involves assessing potential returns alongside risks such as earnings volatility, leverage and exposure to the construction cycle. Investors often consider financial statements, sector conditions and their own financial objectives before making decisions. This material is for general information purposes only and does not represent a recommendation or personalised investment advice.
Can I trade Obrascón Huarte Lain CFDs on Capital.com?
Yes, you can trade Obrascon Huarte Lain 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.