KONE Oyj stock | Growth outlook for 2026 & price target

KONE Oyj

HLSE:KNEBV

€ 55,02

€-0,32 (-0,58%)

55,02 €

€-0,32 (-0,58%)

End-of-day quote: 03/27/2026

KONE Oyj Stock Value

The current analyst rating for KONE Oyj is Hold.

Hold

KONE Oyj Company Info

EPS Growth 5Y

0,74%

Market Cap

€28,52 B

Long-Term Debt

€0,20 B

Quarterly earnings

04/30/2026 (E)

Dividend

€1,79

Dividend Yield

3,25%

Founded

1908

Industry

Industrials

Country

Finland

Website

KONE Oyj

ISIN Number

FI0009013403

Website

http://www.kone.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

€61,00

10.87%

Last Update: 03/28/2026

Analysts: 20

Highest Price Target €78,00

Average Price Target €61,00

Lowest Price Target €45,00

In the last five quarters, KONE Oyj’s Price Target has risen from €40,06 to €49,31 - a 23,09% increase. Seventeen analysts predict that KONE Oyj’s share price will increase in the coming year, reaching €61,00. This would represent an increase of 10,87%.

Top growth stocks in the industrials sector (5Y.)

What does KONE Oyj do?

KONE Oyj operates as a global leader in the elevator and escalator industry, primarily focusing on the manufacturing, service, and modernization of elevators, escalators, and automatic building doors. The company has established itself as a pioneer by providing solutions that enhance the flow of urban life, aiming to improve efficiency and sustainability in urban environments. The company core mission consists of addressing the challenges posed by urbanization, technology advancements, and the growing emphasis on sustainability. To achieve its vision of creating the best People Flow experience, The company emphasizes collaboration with its customers through every step of the process, ensuring that solutions are tailored to meet specific needs.

The company operates on three major megatrends: urbanization, technology, and sustainability. Urbanization requires smart solutions that cater to increasing urban populations, while technology advancements necessitate adaptive systems that integrate digital solutions.

Business Segments

The company operations can be categorized into three main segments: New Building Solutions, Service, and Modernization. Each segment plays a pivotal role in enhancing urban mobility and ensuring seamless access to buildings and public spaces.

New Building Solutions

This segment encompasses the design and manufacturing of elevators, escalators, and automatic building doors tailored to new constructions. KONE's systems are engineered for energy efficiency and equipped with smart technology that optimizes performance and user experience. These solutions include intelligent features that adapt to varying conditions, ensuring that buildings operate efficiently right from the start.

Service

This segment focuses on the maintenance and repair of its products, ensuring that they operate at peak efficiency throughout their lifecycle. The company offers comprehensive service packages that include preventive maintenance, modernization, and the supply of spare parts. The company 24/7 Connected Services provide real-time monitoring, predictive maintenance, and analytical insights to enhance safety, availability, and operational efficiency of the equipment.

Modernization

This segment is dedicated to upgrading existing elevators and escalators to enhance safety, efficiency, and aesthetics. The company modernization solutions breathe new life into aging systems, meeting contemporary standards, and extending their lifespan. This service is particularly critical for older buildings looking to improve energy efficiency and user experience without the need for complete replacements.

Business Strategy

The company strategy reflects its commitment to becoming the preferred partner in improving urban life. The overarching aim is to deliver sustainable success through customer-centric solutions. The company recognizes that urbanization and environmental challenges necessitate innovative approaches, prompting KONE to focus on digital transformation and sustainable practices. The company has established specific focus areas to drive growth and differentiation in the marketplace. These areas target its core products and services, aiming to provide solutions that match customer specifications and foster seamless interactions. The company emphasizes creating an ecosystem where buildings can communicate through connectivity, enhancing overall functionality.

Products and Services

The company offers a comprehensive range of products and services primarily focused on elevators, escalators, and automatic building doors. The company's innovations cater to diverse customer requirements, enhancing usability and safety while promoting energy efficiency.

Elevators

The company provides a variety of models designed for different building types. The DX Class elevators feature advanced digital connections, enabling predictive maintenance and enhanced user experiences. The elevators are equipped with regenerative drives, optimizing energy use by recapturing energy during descent or low-load conditions.

Escalators

The company's escalators are engineered to be energy-efficient while providing safe and smooth transportation in high-traffic areas. KONE's escalators feature innovative design elements to enhance safety, user comfort, and operational reliability.

Automatic Building Doors

The company provides automatic doors includes sliding, swinging, revolving, and high-speed doors designed for ease of access and enhanced building aesthetics. The automatic doors provide security and convenience, seamlessly integrating with building designs.

Modernization Solutions

The company modernization services aim to upgrade existing equipment, ensuring compliance with modern safety regulations while improving operational efficiency. It provides tailored solutions that enhance the capability of aging systems without the necessity of complete replacements.

Maintenance Services

The company offers comprehensive maintenance agreements that ensure all equipment operates optimally throughout its lifecycle. Through its advanced service programs like KONE 24/7, the company monitors performance in real-time to predict maintenance needs, thereby preventing downtime and enhancing safety.

Smart Solutions

The company emphasis on smart technology extends to all products and services. The incorporation of IoT technology enables real-time data collection, predictive analytics, and remote monitoring, benefiting both the user experience and equipment performance.

Geographical Markets Served

The company operates across several key geographical regions, including Europe, the Americas, and Asia-Pacific. Each of these markets presents unique opportunities and challenges, shaping KONE's operations in distinct ways.

Recent Acquisitions/Sale of Segment/Division/Subsidiary/Business

The company completed the sale of operations in Russia as part of its restructuring efforts. This transaction is part of the company's broader initiative to streamline its operations while continuing to focus on sustainable growth and customer value.

Seasonality

The business is influenced by seasonal trends that affect demand patterns, particularly in the construction and building maintenance sectors. Seasonal fluctuations are typically observed in the New Building Solutions and Service segments, reflecting the varying construction cycles and maintenance schedules across different regions. During peak construction seasons, demand for new elevators and escalators typically increases, driven by new building projects. Conversely, residential, and commercial building maintenance activities may fluctuate based on climatic conditions and urban planning trends, impacting the Service segment's performance throughout the year.

Research and Development of the Company

The company invests in advanced technologies such as IoT, artificial intelligence, and machine learning to drive innovation in its products and services. R&D initiatives concentrate on creating smarter elevators and escalators equipped with predictive maintenance capabilities, enabling real-time monitoring and efficiency improvements.

Modes of Sales and Marketing/Marketing/Distribution Channels

The company employs a multi-faceted approach to sales and marketing, utilizing direct sales, partnerships, and online platforms to reach its diverse customer base. The company's marketing efforts focus on promoting its innovative solutions, highlighting the benefits of energy efficiency and sustainability, and emphasizing customer-centric service delivery. Through its distribution channels, the company ensures the timely delivery and installation of products, enhanced by its robust logistics framework that supports global operations.

History

KONE Oyj Limited was founded in 1908. The company was incorporated in 1908.

KONE Oyj Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industries:** - New installations: approx. 50% - Maintenance: approx. 30% - Modernization: approx. 20% **TOP 3 markets and their percentage shares:** - China: approx. 30% - USA: approx. 20% - Germany: approx. 10% KONE Oyj generates the majority of its reve...

At which locations are the company’s products manufactured?

**Production sites of KONE Oyj:** KONE Oyj produces its products at several locations worldwide. The most important production sites include: - **Hyvinkää, Finland:** Headquarters and one of the largest production sites. - **Kunshan, China:** One of the largest production sites for the Asian marke...

What strategy does KONE Oyj pursue for future growth?

**Revenue Growth:** 10% (estimated for 2025) **Focus on Sustainability:** Goal to reduce CO2 emissions by 50% by 2030 **Digitalization:** Investments in smart building and elevator solutions KONE Oyj pursues a growth strategy that strongly focuses on sustainability and digitalization. The com...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, aluminum, copper, electronic components **Countries of origin:** - **Steel:** China, Germany - **Aluminum:** Canada, Russia - **Copper:** Chile, Peru - **Electronic components:** China, Taiwan KONE Oyj, as a leading manufacturer of elevators and escalators, sources a...

How strong is the company’s competitive advantage?

**Market share in the elevator and escalator market:** Approximately 20% (estimated for 2025) **Research and development investments:** Approximately 3% of revenue (2024) **Customer satisfaction:** High rating in independent surveys (2024) KONE Oyj has a significant competitive advantage in the...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 60% (estimated for 2025 based on historical trends) **Insider Purchases/Sales:** No specific data available for 2025 The institutional investor share in KONE Oyj has remained stable at around 60% in recent years. This figure reflects the confidence of inst...

What percentage market share does KONE Oyj have?

**Market share of KONE Oyj:** approx. 20% (2025, estimated) **Main competitors and their market shares:** 1. **Otis Worldwide Corporation:** approx. 25% 2. **Schindler Group:** approx. 22% 3. **Thyssenkrupp Elevator:** approx. 18% 4. **Mitsubishi Electric Corporation (elevator division):** approx....

Is KONE Oyj stock currently a good investment?

**Revenue growth:** 4.5% (2024) **Profit growth:** 3.8% (2024) **Market share in the elevator and escalator market:** 20% (2024) **R&D investments:** 3.2% of revenue (2024) KONE Oyj recorded a revenue growth of 4.5% in 2024, indicating stable demand for elevator and escalator solutions. Profit...

Does KONE Oyj pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.5% (estimated for 2025) **Dividend growth:** 2% annually (average over the last 5 years) KONE Oyj is known for its reliable dividend policy. The company has consistently paid dividends in recent years while maintaining moderate growth. The estimated dividend yield of 3.5% in...

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KONE Oyj Stock Value

KONE Oyj Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does KONE Oyj do?

KONE Oyj Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

KONE Oyj Stock Value

KONE Oyj Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does KONE Oyj do?

KONE Oyj Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.