Schmid stock is moving higher in Tuesday's after-hours session after the company provided an order guidance update for 2026.
SCHMID Group N.V.
(NASDAQ:SHMD) stock is moving higher in Tuesday's after-hours session after the company provided an order guidance update for 2026.
Schmid Group stock is surging to new heights today.
Why is SHMD stock up today?
Schmid Raises Order Intake Outlook Due to sustained improvement in order momentum, Schmid raised its full-year 2026 order intake guidance from approximately 114 million euros ($130.2 million) to a new range of 125 million euros to 130 million euros.
Schmid shares rise after the company touted a stronger 2026 intake and plans to expand manufacturing capacity in China.
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