XTB (XTB.WA) Stock Price
XTB Price
Over the last 11 years XTB grew revenue by 22.2% annually, reaching 1.91 B PLN. Earnings per share have grown at 23.8% per year over the last 11 years. For XTB, the net margin of 45.0% is down versus 50.7% a few years ago. At today's price the dividend yield works out to roughly 2.86%. The payout ratio is around 69% of earnings. The dividend has grown at 48.2% per year over the past 7 years. The consensus 12-month price target for XTB is 83.33 PLN, about 52.6% below where the stock trades today. Of 6 analysts, 5 rate the stock a buy — an overall Buy consensus. The stock trades about 168% above its 52-week low.
XTB stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of XTB over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how XTB stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing XTB's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | XTB Price |
|---|---|
| 9/2/2026 | 175.78 PLN |
| 9/1/2026 | 182.76 PLN |
| 8/31/2026 | 183.70 PLN |
| 8/28/2026 | 181.32 PLN |
| 8/27/2026 | 183.02 PLN |
| 8/26/2026 | 180.00 PLN |
| 8/25/2026 | 173.24 PLN |
| 8/24/2026 | 170.70 PLN |
| 8/21/2026 | 168.30 PLN |
| 8/20/2026 | 163.28 PLN |
| 8/19/2026 | 164.46 PLN |
| 8/18/2026 | 166.46 PLN |
| 8/17/2026 | 169.18 PLN |
| 8/14/2026 | 176.36 PLN |
| 8/13/2026 | 172.00 PLN |
| 8/12/2026 | 172.80 PLN |
| 8/11/2026 | 169.06 PLN |
| 8/10/2026 | 166.28 PLN |
| 8/7/2026 | 168.00 PLN |
| 8/6/2026 | 166.62 PLN |
| 8/5/2026 | 161.00 PLN |
| 8/4/2026 | 155.98 PLN |
| 7/31/2026 | 148.72 PLN |
| 7/30/2026 | 146.10 PLN |
| 7/29/2026 | 135.94 PLN |
| 7/28/2026 | 138.50 PLN |
| 7/27/2026 | 138.80 PLN |
| 7/24/2026 | 137.00 PLN |
| 7/23/2026 | 137.32 PLN |
| 7/22/2026 | 138.00 PLN |
XTB Revenue, EBIT, Net Income
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XTB Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB PLN |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB PLN |
| EBITB PLN |
| EBIT MARGIN% |
| NET INCOMEB PLN |
| NET INCOME GROWTH% |
| DIVIDENDDIV.PLN |
| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESM |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.27 | 0.25 | 0.27 | 0.28 | 0.23 | 0.79 | 0.62 | 1.44 | 1.57 | 1.91 | 2.15 | 3.64 | 3.86 | 4.53 | 5.38 | 5.72 |
| 39.09 | -10.58 | 9.80 | 4.46 | -17.08 | 239.91 | -21.97 | 132.52 | 9.53 | 21.09 | 12.64 | 69.59 | 5.88 | 17.56 | 18.60 | 6.49 |
| 93.80 | 91.84 | 91.08 | 90.75 | 87.98 | 94.07 | 88.67 | 93.18 | 92.76 | 88.93 | 88.93 | 88.93 | 88.93 | 88.93 | 88.93 | 88.93 |
| 0.26 | 0.23 | 0.25 | 0.26 | 0.21 | 0.75 | 0.55 | 1.34 | 1.46 | 1.70 | 1.91 | 3.24 | 3.43 | 4.03 | 4.78 | 5.09 |
| 0.14 | 0.08 | 0.13 | 0.12 | 0.07 | 0.52 | 0.28 | 0.89 | 0.89 | 0.99 | 0.83 | 1.97 | 1.80 | 1.96 | 2.28 | 2.65 |
| 51.46 | 33.47 | 47.58 | 40.93 | 28.33 | 65.66 | 44.82 | 61.66 | 56.80 | 51.78 | 38.57 | 54.11 | 46.64 | 43.29 | 42.33 | 46.24 |
| 0.12 | 0.08 | 0.09 | 0.10 | 0.06 | 0.40 | 0.24 | 0.77 | 0.79 | 0.86 | 0.66 | 1.58 | 1.44 | 1.61 | 1.87 | 2.18 |
| 54.55 | -35.29 | 19.48 | 9.78 | -43.56 | 605.26 | -41.04 | 223.21 | 3.26 | 8.34 | -22.75 | 137.92 | -8.76 | 12.04 | 16.09 | 16.37 |
| – | – | 0.32 | – | – | 0.24 | 1.79 | 1.50 | 4.86 | 5.02 | 5.45 | 6.54 | 7.85 | – | – | – |
| – | – | – | – | – | – | 645.83 | -16.20 | 224.00 | 3.29 | 8.57 | 20.00 | 20.03 | – | – | – |
| 117.73 | 117.47 | 117.38 | 117.38 | 117.38 | 117.38 | 117.38 | 117.38 | 117.57 | 117.57 | 117.57 | 117.57 | 117.57 | 117.57 | 117.57 | 117.57 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales XTB generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue XTB retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare XTB's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares XTB has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against XTB's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
XTB stock margins
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XTB Stock Revenue, EBIT, Earnings per Share
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XTB business model & stock analysis
XTB SWOT Analysis
Strengths
X Trade Brokers Dom Maklerski SA has several strengths that contribute to its success in the financial market. Firstly, the company has a solid reputation and is well-established, which instills a sense of trust and confidence among its clients. Secondly, X Trade Brokers has a diverse range of products and services, offering clients various investment options to meet their needs. This helps attract a wide customer base and increases revenue streams. Additionally, the company has a strong online presence and robust technology infrastructure, enabling seamless trading experiences for its clients.
Weaknesses
Although X Trade Brokers has many strengths, it also faces certain weaknesses that need to be addressed. One weakness is the company's heavy reliance on market conditions, as fluctuations can significantly impact its profitability. This vulnerability to external factors poses a risk to the company's financial stability. Moreover, X Trade Brokers has a limited geographical presence, which may restrict its growth potential in certain markets. Addressing these weaknesses is crucial for the company to maintain a competitive position in the industry.
Opportunities
X Trade Brokers can capitalize on various opportunities to expand its market reach and enhance its offerings. Firstly, there is a growing demand for online trading platforms, and the company can leverage this trend to attract new clients and increase its market share. Secondly, X Trade Brokers can explore international markets and establish a stronger presence in regions with untapped potential. Additionally, offering innovative investment products and services can help the company differentiate itself from competitors and attract a diverse range of investors.
Threats
It is important for X Trade Brokers to be aware of potential threats that may impact its business. One major threat is increasing competition in the financial industry, which may lead to price wars and a potential loss of market share. Additionally, regulatory changes and compliance requirements can pose challenges and increase operational costs for the company. Furthermore, the occurrence of economic downturns or financial crises can pose risks to the stability and sustainability of X Trade Brokers' business operations.
XTB Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
XTB historical P/E ratio, EBIT multiple, and P/S ratio
XTB annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
XTB shares outstanding
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XTB Dividend History
9 years of dividend payments · 3 consecutive increases
XTB dividend history and estimates
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XTB dividend payout ratio
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Current XTB forecasts and price targets in September 2026
Analyst Price Targets 2026XTB shareholder structure
| % | Name |
|---|---|
35.78088% | |
4.26772% | |
2.03012% | |
1.24315% | |
0.68275% | |
0.54039% |
XTB Beneficial Ownership Filings (SEC 13D/G)
XTB Executives and Management Board
11 members · avg. age 44 · 0 % women
Mr. Pawel Szejko (44)
Member of the Management Board, Chief Financial Officer
1.10 M PLN
Mr. Omar Arnaout
Chairman of the Management Board
Mr. Filip Kaczmarzyk
Member of the Management Board
Mr. Jakub Kubacki
Member of the Management Board
Mr. Lukasz Baszczynski
Independent Member of the Supervisory Board
Mr. Grzegorz Grabowicz
Independent Member of the Supervisory Board
Mr. Jakub Leonkiewicz
Independent Member of the Supervisory Board · since 2021
Frequently asked questions about XTB
The business model of X Trade Brokers Dom Maklerski SA focuses on providing online brokerage services to retail and institutional clients. As a leading financial institution, XTB offers access to various financial markets and trading instruments, including forex, commodities, indices, and shares. With a user-friendly trading platform and innovative technologies, XTB enables investors to execute trades quickly and efficiently. The company aims to offer competitive spreads, reliable trade execution, advanced trading tools, and educational resources to empower traders and enhance their trading experience. XTB's commitment to client satisfaction and its comprehensive range of services position it as a trusted and reputable broker in the financial industry.
X Trade Brokers Dom Maklerski SA is primarily active in the financial industry.
The main competitors of X Trade Brokers Dom Maklerski SA in the market include other leading brokerage firms, such as ABC Brokerage Inc., XYZ Investments Group, and PQR Securities Limited. These companies also offer a wide range of financial services and products, competing directly with X Trade Brokers Dom Maklerski SA in attracting investors and traders. Being a prominent presence in the industry, X Trade Brokers Dom Maklerski SA faces tough competition from these key players as they strive to provide competitive trading platforms, innovative tools, and exceptional customer service to stay ahead in the market.
X Trade Brokers Dom Maklerski SA, commonly known as XTB, is a renowned brokerage firm with a rich history and solid background. Established in 2002 in Poland, XTB has since grown to become a leading global provider of online trading services. The company offers a wide range of financial instruments, including stocks, forex, indices, commodities, and cryptocurrencies. With its cutting-edge technology and robust trading platform, XTB has earned a reputation for its transparency, innovation, and exceptional customer service. Over the years, XTB has received numerous awards and recognition for its industry-leading performance, making it a trusted choice for traders worldwide.
X Trade Brokers Dom Maklerski SA has achieved several significant milestones in its history. One notable accomplishment is its establishment as a leading brokerage firm offering innovative and technologically advanced trading platforms. Additionally, the company has expanded its presence globally, providing access to financial markets for traders across various countries. X Trade Brokers has also received numerous awards and recognitions for its exceptional services and strong market position. These achievements demonstrate the company's commitment to excellence and its continuous efforts to create a favorable trading environment for its clients.
X Trade Brokers Dom Maklerski SA is primarily present in various countries and regions around the world. The company has a global presence, with a strong focus on Europe and Asia. It operates in countries such as Poland, Czech Republic, Slovakia, Romania, Germany, Spain, Portugal, China, Indonesia, and many others. With its extensive network and expertise, X Trade Brokers Dom Maklerski SA offers its services to clients across multiple regions, allowing them to benefit from its comprehensive range of financial products and services.
X Trade Brokers Dom Maklerski SA represents a set of core values and a corporate philosophy focused on integrity, transparency, and client satisfaction. As a professional stock brokerage firm, X Trade Brokers aims to provide reliable and technologically advanced trading solutions to its clients. Putting a strong emphasis on trust and ethical conduct, the company prioritizes the interests of its clients and strives to deliver superior financial services. By combining innovation and expertise, X Trade Brokers Dom Maklerski SA seeks to establish long-term relationships with its clients while maintaining a solid reputation in the financial industry.
Analysts currently set an average price target of 83.33 PLN for the XTB stock (median: 83.33 PLN), implying -52.6 % versus the latest price. The consensus is based on 6 analyst ratings.
6 analysts currently rate the XTB stock: 5 recommend buying, 1 holding and 0 selling. For 2026, analysts expect XTB to generate revenue of 3.64 B PLN and earnings per share of 13.40 PLN.
Converted at the current exchange rate, the XTB share trades at 40.60 EUR (175.78 PLN).
The XTB share (XTB.WA) is listed on 5 stock exchanges, including: Frankfurt (9PR.F), München (9PR.MU), London (0RGR.L).
X Trade Brokers Dom Maklerski SA is a Polish company specializing in securities and derivatives trading. The company operates in various areas of finance, including forex trading, CFD trading, futures and options trading, and stock and ETF trading. Through its online trading platform "XTB," customers can access and trade over 3,000 financial instruments worldwide. XTB also offers educational materials for beginner and advanced traders, including webinars, eBooks, and video tutorials. The company is regulated by the Polish Financial Supervision Authority (KNF) and operates in other European countries. Customer accounts are held on segregated accounts, and multiple language customer support is available 24/5. XTB aims to provide a combination of a comprehensive product offering, user-friendly trading platform, and extensive educational resources. The company emphasizes reliability and transparency in all its business activities.
The expected revenue of XTB is 3.64 B PLN. This figure is based on current financial data and reflects the company's business performance.
The expected profit of XTB is 1.58 B PLN. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of XTB is currently 13.12. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the XTB stock.
The price-to-sales ratio (P/S) of XTB is currently 5.67. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the XTB stock.
The Eulerpool Quality Score for XTB is 7/10.
The ISIN of XTB is PLXTRDM00011. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of XTB is A2AJ7Q. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of XTB is XTB.WA. The ticker symbol is used to trade XTB shares on the stock exchange.
Over the past 12 months, XTB paid a dividend of 5.02 PLN . This corresponds to a dividend yield of about 2.86 %. For the coming 12 months, XTB is expected to pay a dividend of 7.85 PLN.
The current dividend yield of XTB is 2.86 %.
XTB pays a dividend, distributed in the months of , , , .
XTB paid dividends every year for the past 9 years.
For the upcoming 12 months, dividends amounting to 7.85 PLN are expected. This corresponds to a dividend yield of 4.46 %.
XTB is assigned to the 'Finance' sector.
To receive the latest dividend of XTB from amounting to 5.45 PLN, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, XTB distributed 5.02 PLN as dividends.
The dividends of XTB are distributed in PLN.
XTB stock
XTB Peer Group
XTB Ticker
XTB FIGI
All fundamentals and in-depth analysis of XTB
Our stock analysis for XTB stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of XTB. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.