Bechtle stock gains 1.37 percent as analysts raise targets

Published on 09/29/2026 at 06:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bechtle stock carries a Deutsche Bank target of EUR 49.00 after the bank raised it from EUR 45.00 on September 21, 2026. Q2 revenue reached EUR 1.73 billion.

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Bechtle stock (ISIN DE0005158703) was last at EUR 33.98 on Xetra on September 28, 2026, up 1.37 percent from the prior close of EUR 33.52. The move followed a fresh analyst target increase and leaves the share 24.72 percent below its 52-week high of EUR 45.14.

Deutsche Bank raises target

Deutsche Bank Research raised its Bechtle price target from EUR 45.00 to EUR 49.00 and maintained its Buy rating in a statement dated September 21, 2026, MarketScreener reported. The revised target stands 44.20 percent above the September 28 price, while the analyst cited more optimistic medium-term growth prospects.

MarketScreener also reported on September 21, 2026, that Berenberg retained its Buy rating and EUR 40.00 target after Bechtle's capital markets day. The two targets point to different expectations, with Berenberg's target 17.71 percent above the reference price.

Q2 growth supports guidance

In its company presentation dated September 22, 2026, Bechtle reported Q2 2026 revenue of EUR 1.73 billion, up 16.50 percent from Q2 2025. EBT reached EUR 80.20 million, an increase of 20.10 percent, while order backlog rose 5.80 percent to EUR 3.54 billion.

The company raised its 2026 forecast after the first half. Business volume growth is now expected to exceed 10 percent, while revenue and EBT growth are each guided at 5 percent to 10 percent, compared with previous ranges of 0 percent to 5 percent.

Next report is scheduled

Bechtle's next reporting date is November 13, 2026, for Q3 2026, according to TradingView. That date gives investors a defined checkpoint for testing whether the raised full-year targets are translating into sustained operating momentum.

Bechtle stock stays below yearly high

Bechtle stock was last at EUR 33.98 on Xetra on September 28, 2026 at 5:35 p.m. CEST, with 165,516 shares traded. Its market capitalization was EUR 4.3 billion, and the 52-week range was EUR 24.56 to EUR 45.14.