Barclays raises target for Hensoldt stock to EUR 101.00

Published on 10/21/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue rose 23.60 percent to EUR 1,167 million versus 2025. Hensoldt stock costs EUR 85.30 on October 21, 2026, 1.18 percent below Xetra.

Analyst target and reporting date

Barclays lifted its Hensoldt target from EUR 97.00 to EUR 101.00 on October 12, 2026.
First-half 2026 revenue reached EUR 1,167 million, up 23.60 percent from the prior-year period.
Hensoldt stock trades at EUR 85.30 at 11:32 a.m. CEST at Lang & Schwarz on October 21, 2026, 1.18 percent below the Xetra close of October 20, 2026.
Hensoldt will publish its nine-month 2026 statement on November 5, 2026.

Flatlay mit Hensoldt AG Aktienzertifikat, Optiklinsen, Sensormodul und DAX-Index-Karte — Hensoldt AG Aktienzertifikat ISIN DE000HAG0005 mit Optronik Komponenten und DAX Karte im Flatlay, Illustration mit AI erstellt.

Hensoldt (DE000HAG0005) was given a higher target by Barclays, which raised its forecast from EUR 97.00 to EUR 101.00 on October 12, 2026, according to Stock-World. The stock was trading at EUR 85.30 at Lang & Schwarz on October 21, 2026 at 11:32 a.m. CEST, 1.18 percent below the Xetra close of October 20, 2026.

Orders set the operating backdrop

Hensoldt's first-half 2026 revenue climbed 23.60 percent to EUR 1,167 million from EUR 944 million in the prior-year period. The company also reported adjusted EBITDA of EUR 137 million, up 28.50 percent from EUR 107 million, while the adjusted EBITDA margin improved to 11.80 percent from 11.30 percent.

The order picture was stronger still. First-half order intake reached EUR 2,812 million versus EUR 1,405 million a year earlier, and the order backlog rose to EUR 10,356 million from EUR 7,070 million, according to 4investors. Book-to-bill increased to 2.40 from 1.50, giving the November report a clear execution test.

What will the November report test?

The chronology shows how expectations have built. On July 31, 2026, Hensoldt reported EUR 1,167 million of first-half revenue. On October 5, 2026, Jefferies raised its rating to Buy with a EUR 98.00 target, as reported in the market coverage. On October 12, 2026, Barclays lifted its target from EUR 97.00 to EUR 101.00 while keeping an Equalweight rating, according to Stock-World.

The next substantiated date is November 5, 2026, when Hensoldt will publish its nine-month 2026 quarterly statement, according to the company's Hensoldt investor-relations page.

Stock stays below its yearly high

Hensoldt's reference price stood 17.43 percent below its 52-week high of EUR 103.30 and above its 52-week low of EUR 63.18 as of October 21, 2026. The EUR 9.9 billion market capitalization places the analyst debate against a company whose first-half order backlog had already exceeded EUR 10 billion.

Hensoldt was trading at EUR 85.30 at Lang & Schwarz on October 21, 2026 at 11:32 a.m. CEST, 1.18 percent below the Xetra close of October 20, 2026 at EUR 86.32. The further course of trading is shown by the continuously updated real-time quote of Hensoldt stock.