Voestalpine (VOE) Stock Overview
Processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
VOE Community Fair Values
Create NarrativeSee what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Voestalpine AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €48.40 |
| 52 Week High | €49.28 |
| 52 Week Low | €22.04 |
| Beta | 1.84 |
| 1 Month Change | 10.25% |
| 3 Month Change | 4.54% |
| 1 Year Change | 108.80% |
| 3 Year Change | 59.74% |
| 5 Year Change | 29.14% |
| Change since IPO | -40.80% |
Recent News & Updates
Narrative Update • May 23
VOE: Discounted Macro Risk And Mixed Commodity Outlook Will Shape Earnings Power
The analyst price target for Voestalpine moves from €44.20 to about €45.84. Analysts attribute this change to updates in fair value, discount rate, revenue growth, profit margin and expected future P/E, alongside recent mixed rating and price target revisions from major banks.
Narrative Update • Apr 29
VOE: Commodity Downside Scenario Will Pressure Margins Despite Higher Street Optimism
Analysts have lifted the average price target for Voestalpine by €3, reflecting updated views that incorporate recent increases and reductions in individual targets across the Street research set. Analyst Commentary Recent research on Voestalpine shows a mix of optimism on long term prospects and growing caution around nearer term risks, which is reflected in both upward and downward moves in price targets and ratings.Narrative Update • Apr 15
VOE: Commodity Downside Scenario And Geopolitical Risk Will Pressure Future Returns
The analyst fair value estimate for Voestalpine has been raised from €21.50 to €34.00. This reflects updated assumptions on growth, margins, and future P/E, in the context of mixed but generally higher Street price targets ranging from about €36 to €50 and contrasting ratings across firms.
Narrative Update • Apr 01
VOE: Higher P/E Expectations Will Test Resilience To Metals And Mining Risks
The updated analyst fair value estimate for Voestalpine has moved from €38.66 to €57.00. This reflects a higher assumed future P/E of 19.70, even as analysts factor in lower revenue growth and profit margin expectations, along with recent mixed rating and price target changes across the Street.Recent updates
Narrative Update • May 23
VOE: Discounted Macro Risk And Mixed Commodity Outlook Will Shape Earnings Power
The analyst price target for Voestalpine moves from €44.20 to about €45.84. Analysts attribute this change to updates in fair value, discount rate, revenue growth, profit margin and expected future P/E, alongside recent mixed rating and price target revisions from major banks.Narrative Update • Apr 29
VOE: Commodity Downside Scenario Will Pressure Margins Despite Higher Street Optimism
Analysts have lifted the average price target for Voestalpine by €3, reflecting updated views that incorporate recent increases and reductions in individual targets across the Street research set. Analyst Commentary Recent research on Voestalpine shows a mix of optimism on long term prospects and growing caution around nearer term risks, which is reflected in both upward and downward moves in price targets and ratings.Narrative Update • Apr 15
VOE: Commodity Downside Scenario And Geopolitical Risk Will Pressure Future Returns
The analyst fair value estimate for Voestalpine has been raised from €21.50 to €34.00. This reflects updated assumptions on growth, margins, and future P/E, in the context of mixed but generally higher Street price targets ranging from about €36 to €50 and contrasting ratings across firms.Narrative Update • Apr 01
VOE: Higher P/E Expectations Will Test Resilience To Metals And Mining Risks
The updated analyst fair value estimate for Voestalpine has moved from €38.66 to €57.00. This reflects a higher assumed future P/E of 19.70, even as analysts factor in lower revenue growth and profit margin expectations, along with recent mixed rating and price target changes across the Street.Narrative Update • Mar 17
VOE: Discounted Macro Risk Will Shape Future Earnings Power
The updated analyst price target for Voestalpine edges lower from €45.45 to €44.20, as analysts factor in slightly higher discount rates, marginally softer revenue growth and profit margin assumptions, and a modestly reduced future P/E, along with a recent shift in sentiment that includes downgrades tied to broader risk concerns for European metals and mining stocks. Analyst Commentary Recent research on Voestalpine shows a split picture, with several bullish analysts lifting price targets over the past few months while more recent updates introduce a cautious tone and lower targets.Narrative Update • Mar 03
VOE: Higher Street Optimism And Margin Uncertainty Will Shape Future Prospects
Our updated narrative price target for Voestalpine rises from about €42.83 to roughly €45.45, reflecting analysts' higher Street targets in the €49 to €50 range alongside slightly stronger assumptions on revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Voestalpine has been active, with several firms revising their price targets and mostly maintaining positive stances.Narrative Update • Feb 17
VOE: Mixed Price Views And Margin Pressures Will Shape Future Prospects
The updated analyst price target for Voestalpine rises by about €1.27, with analysts citing recent target adjustments across banks and a slightly higher assumed future P/E multiple as key drivers of the change. Analyst Commentary Recent Street research on Voestalpine shows several target price adjustments, with most updates clustered over a relatively short period.Analysis Article • Feb 06
Voestalpine (VIE:VOE) Has A Pretty Healthy Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Feb 03
VOE: EU Import Cuts And Mixed Margin Outlook Will Shape Prospects
Analysts have nudged their fair value estimate for Voestalpine higher to about €41.55 from roughly €40.68. This reflects updated price targets across the Street that balance slightly lower modeled revenue growth with firmer profit margins and a modestly higher future P/E.Narrative Update • Jan 20
VOE: EU Steel Import Cuts And Supportive Sector Outlook Will Shape Prospects
Analysts have lifted their fair value estimate for Voestalpine to €40.68 from €39.08, reflecting higher published price targets in recent research, including new Overweight and Buy views and updated assumptions for revenue growth, profit margins, discount rate, and future P/E multiples. Analyst Commentary Recent research on Voestalpine has been consistently supportive, with several price target revisions and rating changes feeding into the updated fair value estimate.Analysis Article • Jan 07
Voestalpine AG's (VIE:VOE) Share Price Is Matching Sentiment Around Its Revenues
With a price-to-sales (or "P/S") ratio of 0.4x Voestalpine AG ( VIE:VOE ) may be sending bullish signals at the moment...Narrative Update • Jan 05
VOE: EU Steel Import Cuts And Upgraded Outlook Will Shape Future Performance
Analysts have nudged their fair value estimate for Voestalpine higher to €39.08 from €37.58, reflecting slightly stronger assumptions on revenue growth, profit margins, and future P/E multiples after recent price target increases from several banks. Analyst Commentary Recent research updates point to a more constructive stance on Voestalpine, with several firms lifting their price targets and one high profile upgrade from JPMorgan.Narrative Update • Dec 16
VOE: EU Steel Import Cuts And Policy Support Will Shape Future Performance
Analysts have modestly lifted their price target on Voestalpine to approximately EUR 37.60 from about EUR 36.50, citing a lower perceived discount rate, slightly stronger long term revenue growth expectations, and recent Street research that highlights supportive European steel policy along with incremental target increases from major banks. Analyst Commentary Bullish analysts emphasize that the recent series of target hikes reinforces a constructive view on Voestalpine's medium term earnings power, especially as supportive European steel policy underpins pricing assumptions and narrows perceived downside risk in cyclical scenarios.Analysis Article • Dec 05
Estimating The Fair Value Of Voestalpine AG (VIE:VOE)
Key Insights The projected fair value for Voestalpine is €43.06 based on 2 Stage Free Cash Flow to Equity Voestalpine's...Narrative Update • Dec 02
VOE: EU Steel Import Cuts Will Shape Performance Amid Market Uncertainty
Analysts have raised their price targets for Voestalpine, with recent updates reflecting an increase from approximately €40.60 to as high as €43.70. This adjustment is attributed to an improved sector outlook and supportive policy developments.Narrative Update • Nov 18
VOE: Sector Policy Changes Will Drive Opportunities Amid Steel Price Uncertainty
Voestalpine's analyst price target has been raised from €31.44 to €35.27. This reflects a positive outlook as analysts cite improved sector conditions and revised company fundamentals.Analysis Article • Nov 14
Voestalpine AG Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Shareholders of Voestalpine AG ( VIE:VOE ) will be pleased this week, given that the stock price is up 12% to €34.80...Narrative Update • Nov 03
VOE: Confidence In Execution And Decarbonization Will Shape Future Performance
Narrative Update: Analyst Price Target Revision for Voestalpine Analysts have recently increased their price targets for Voestalpine, with notable upgrades such as a rise from EUR 35 to EUR 40 and from EUR 24.30 to EUR 30.10. They cited enhanced confidence in the company's future prospects and earnings potential.Analysis Article • Oct 24
Returns At Voestalpine (VIE:VOE) Are On The Way Up
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Narrative Update • Oct 20
Shift To Decarbonization And High-Performance Metals Will Benefit Future Prospects
The analyst price target for Voestalpine has increased significantly, rising from approximately €30.32 to €31.44. Analysts cite improved revenue growth and strengthening profit margins as key drivers behind the revision.Narrative Update • Oct 05
Shift To Decarbonization And High-Performance Metals Will Benefit Future Prospects
The average analyst price target for Voestalpine has increased from EUR 29.57 to EUR 30.32. This reflects improved sentiment as analysts cite recent upward revisions from multiple institutions along with continued buy or neutral ratings.Narrative Update • Sep 20
Shift To Decarbonization And High-Performance Metals Will Benefit Future Prospects
Analysts have modestly raised their price target for Voestalpine to €29.57, citing improving steel demand, solid quarterly results, and efficiency gains, though some caution persists on pricing power and margins. Analyst Commentary Bullish analysts cited improved outlook for steel demand in Europe and favorable macroeconomic trends.Analysis Article • Sep 16
Voestalpine (VIE:VOE) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Sep 05
Shift To Decarbonization And High-Performance Metals Will Benefit Future Prospects
Analysts cite improved earnings visibility, strong demand in key end markets, and ongoing cost and efficiency measures as supporting factors for Voestalpine, though macroeconomic caution remains, resulting in the consensus price target remaining unchanged at €28.98. Analyst Commentary Bullish analysts cite improved earnings visibility and strong order intake across core segments.Analysis Article • Aug 29
Are Investors Undervaluing Voestalpine AG (VIE:VOE) By 42%?
Key Insights The projected fair value for Voestalpine is €49.45 based on 2 Stage Free Cash Flow to Equity Voestalpine's...Analysis Article • Jul 02
Voestalpine (VIE:VOE) Is Paying Out Less In Dividends Than Last Year
Voestalpine AG ( VIE:VOE ) has announced that on 15th of July, it will be paying a dividend of€0.60, which a reduction...Analysis Article • Jun 26
Voestalpine (VIE:VOE) Shareholders Will Want The ROCE Trajectory To Continue
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
New Narrative • Dec 27
Greentec Steel And Global Railway Expansion Will Drive Growth And Boost Net Margins
Restructuring efforts and overhauls in underperforming sectors are expected to enhance operational efficiency and improve margins.Shareholder Returns
| VOE | AT Metals and Mining | AT Market | |
|---|---|---|---|
| 7D | 5.2% | 3.0% | 2.0% |
| 1Y | 108.8% | 92.2% | 27.7% |
Return vs Industry: VOE exceeded the Austrian Metals and Mining industry which returned 92.2% over the past year.
Return vs Market: VOE exceeded the Austrian Market which returned 27.7% over the past year.
Price Volatility
| VOE volatility | |
|---|---|
| VOE Average Weekly Movement | 7.3% |
| Metals and Mining Industry Average Movement | 8.3% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in AT Market | 7.3% |
| 10% least volatile stocks in AT Market | 3.1% |
Stable Share Price: VOE's share price has been volatile over the past 3 months compared to the Austrian market.
Volatility Over Time: VOE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Austrian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 48,744 | Herbert Eibensteiner | www.voestalpine.com |
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. It operates through five divisions: Steel Division, High Performance Metals Division, Metal Engineering Division, Metal Forming Division, and Holding & Group Services. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; heavy plates for the energy sector; and turbine casings.
Voestalpine AG Fundamentals Summary
| VOE fundamental statistics | |
|---|---|
| Market cap | €8.30b |
| Earnings (TTM) | €225.40m |
| Revenue (TTM) | €15.14b |
36.8x
P/E Ratio0.5x
P/S RatioIs VOE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VOE income statement (TTM) | |
|---|---|
| Revenue | €15.14b |
| Cost of Revenue | €12.19b |
| Gross Profit | €2.95b |
| Other Expenses | €2.73b |
| Earnings | €225.40m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jun 03, 2026
| Earnings per share (EPS) | 1.31 |
| Gross Margin | 19.50% |
| Net Profit Margin | 1.49% |
| Debt/Equity Ratio | 30.5% |
How did VOE perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield46%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 07:39 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Voestalpine AG is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vincent Lepine | Barclays |
| Tom Zhang | Barclays |
| Alessandro Abate | Berenberg |