Bechtle stock: JP Morgan keeps EUR 38.00 target for Bechtle stock

Published on 10/21/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income rose 21.30 percent to EUR 57.80 million. Bechtle stock costs EUR 35.79 on October 21, 2026, up 1.16 percent versus Xetra close.

JP Morgan target and earnings

JP Morgan kept its EUR 38.00 target and Neutral rating for Bechtle on October 20, 2026.
Bechtle reported Q2 net income of EUR 57.80 million, up 21.30 percent year over year.
Bechtle stock costs EUR 35.79 at Lang & Schwarz on October 21, 2026 at 4:04 p.m. CEST, 1.16 percent above the Xetra close of EUR 35.38.
Bechtle is scheduled to publish its third-quarter report on November 13, 2026.

Isometrische 3D-Darstellung der IT-Wertschöpfungskette von Hardware bis Managed Services — Bechtle AG IT-Wertschöpfungskette als isometrische 3D-Illustration von Hardware über Cloud bis zu Managed Services, DE0005158703, Illustration mit AI erstellt.

JP Morgan kept its Neutral rating and EUR 38.00 price target for Bechtle on October 20, 2026, according to MarketScreener. The target is 6.18 percent above the Lang & Schwarz price of EUR 35.79, while the rating signals a more cautious stance than the target level alone.

Bechtle was trading at EUR 35.79 at Lang & Schwarz on October 21, 2026 at 4:04 p.m. CEST, up 1.16 percent versus the Xetra close of October 20, 2026 at EUR 35.38.

Second-quarter profit sets the base

Bechtle reported Q2 net income of EUR 57.80 million, an increase of 21.30 percent from the year-earlier period, according to RTTNews on August 12, 2026. The figure gives the current valuation a recent earnings reference, although the next quarterly report will show whether that pace continued into the third quarter.

The investor-relations page describes Bechtle as a European IT provider spanning infrastructure, cloud, security, artificial intelligence and managed services. It also states that the company operated at more than 120 locations in 14 European countries and reported 2025 business volume of EUR 8.60 billion, according to Bechtle.

Stock remains below its yearly high

The 52-week range is EUR 24.56 to EUR 45.14 as of October 21, 2026. At EUR 35.79, the stock stood 20.71 percent below the high and 45.73 percent above the low. Trading volume was 47,004 shares at the latest primary-market quote used for the market frame.

Bechtle had a market capitalization of EUR 4.5 billion and a price-to-earnings ratio of 18.29 as of October 21, 2026. The combination places the JP Morgan target 6.18 percent above the current euro price, but the Neutral rating keeps the analyst signal balanced rather than directional.

November 13 is the next date

Bechtle is scheduled to publish its third-quarter financial report on November 13, 2026, and to hold a conference call on the same date, according to Boerse Express. That release will provide the next dated test of revenue growth, earnings conversion and the outlook for the full year.

Target leaves a measured gap

For investors, the key numerical gap is between the EUR 38.00 target and the EUR 35.79 Lang & Schwarz price. The stock is also 20.71 percent below its 52-week high, leaving the November report as the next scheduled point for fresh operating figures.

The further course of trading is shown by the continuously updated real-time quote of Bechtle stock.