Consensus & analyst coverage

The company has contracted Vara Research to collect the consensus analysis, based on the estimates of all the participating financial analysts. The consensus can be found by clicking on the link below. Any opinions, forecasts, estimates, projections or predictions regarding Umicore’s performance made by financial analysts (and therefore also the consensus estimate numbers) are theirs alone and do not represent the opinions, estimates, projections or predictions of Umicore or its management.

Such estimates and consensus are not controlled, changed, censored or endorsed by Umicore, which assumes no liability for the selection, quality, accuracy, up-to-dateness or completeness of these estimates.

Umicore undertakes no obligation to update, revise or amend such estimates and consensus data, even if and when they differ from Umicore’s own forecasts, estimates, projections, predictions or expectations. Umicore is neither involved in the collection of the data, nor in the preparation of the consensus, which is done independently by Vara Research.

View consensus

Analyst coverage

Broker Analyst Current Recommendation Date
ABN AMRO - ODDO BHF Martijn den Drijver Neutral 01/08/2025
AlphaValue Akash Nandy Reduce 20/02/2026
Bank of America - Merrill Lynch Matthew Yates Underperform 09/07/2025
Berenberg Sebastian Bray Buy 24/02/2026
Citigroup Ranulf Orr Neutral 20/02/2026
Degroof Petercam Frank Claassen Hold  20/02/2026
Deutsche Bank Tristan Lamotte Hold 20/02/2026
Equita SIM Massimo Bonisoli Buy

04/03/2026

Exane BNP Paribas Thea Badaro Neutral 05/03/2026
Goldman Sachs Georgina Fraser Neutral 25/02/2026
ING Stijn Demeester Hold 21/01/2026
Jefferies Chris Counihan Buy 20/02/2026
JP Morgan Chetan Udeshi Overweight 20/02/2026
KBC Wim Hoste Accumulate 25/02/2026
Kepler Cheuvreux Christian Faitz  Hold 20/02/2026
Rothschild & Co | Redburn Mazahir Mammadli Neutral 08/04/2025
UBS Geoff Haire Sell 24/02/2026

Umicore is covered by various financial analysts, who provide their own research analyses and earnings estimates in respect of the company, independently from Umicore. 

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Investor relations

Caroline Kerremans
Head of Investor Relations
+32 2 227 72 21