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Recommendations

Analysts

Name and Surname Broker's office E-mail address Recommendation Date Target price
Cezary Bernatek Erste Group Cezary.Bernatek@erstegroup.com Reduce 08.05.2026 594
Adrian Kyrcz Santander Adrian.Kyrcz@santander.pl Buy 30.11.2025 530
Maria Mickiewicz WOOD & Co. Maria.Mickiewicz@wood.com Sell 09.03.2026 730
David Sharma Trigon David.Sharma@trigon.pl Accumulate 11.07.2025 525
Piotr Zybała PKO BP Piotr.Zybala@pkobp.pl Buy 30.06.2026 560
Maciej Wewiórski BOŚ M.Wewiorski@bossa.pl Sell 05.03.2026 560
Krzysztof Pado BDM Krzysztof.Pado@bdm.pl Sell 04.12.2024 514
Tomasz Duda Pekao Tomasz.Duda2@pekao.com.pl Hold 31.03.2026 420
Cezary Bernatek Erste Group Cezary.Bernatek@erstegroup.com Accumulate 13.03.2026 425
Krzysztof Pado BDM Krzysztof.Pado@bdm.pl Buy 16.10.2025 376,5
Tomasz Duda Pekao Tomasz.Duda2@pekao.com.pl Hold 06.03.2026 441

Broker's office & Target price

Recommendations

Date Character Target price Release date price Institute
June 30 2026 Buy 665 722 mBank
May 8 2026 Reduce 600 665 BDM
March 31 2026 Hold 730 653 PKO BP
March 13 2026 Accumulate 630 684 Santander
March 9 2026 Sell 531 724 Citi
March 6 2026 Hold 490 785 WOOD & Co.
March 5 2026 Sell 524 785 Noble Securities
December 22 2025 Reduce 600 641 Noble Securities

Budimex in numbers

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Budimex Group’s order backlog at the end of 2023 (PLN billion )

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Budimex Group’s revenues in 2023 (PLN million )

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EBIT of the Budimex Group in 2023 (PLN M )

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completed construction contracts

Contact us!

Contact details of people responsible for communication with investors.

Michał Kielin

Head of Affairs Investor Relations and Analysis

Kamil Sochanek

Investor Relations & Strategy Manager