Bechtle stock: JPMorgan keeps EUR 38 target for Bechtle stock

Published on 10/23/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings before taxes rose 20.00 percent. Bechtle stock costs EUR 35.39 on October 23, 2026, up 1.11 percent versus Xetra close.

JPMorgan target and Q2 growth

JPMorgan kept its EUR 38.00 target and Neutral rating on October 20, 2026.
Second-quarter earnings before taxes rose 20.00 percent, while order intake increased 26.00 percent.
Bechtle stock costs EUR 35.39 at Lang & Schwarz on October 23, 2026, 1.11 percent above the Xetra close of October 22, 2026, and 21.60 percent below the 52-week high.
Bechtle is scheduled to publish third-quarter results on November 13, 2026.

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JPMorgan kept its Neutral rating and EUR 38.00 price target for Bechtle on October 20, 2026, according to finanzen.net. The target is 7.37 percent above the Lang & Schwarz price. Bechtle stock was trading at EUR 35.39 at Lang & Schwarz on October 23, 2026 at 4:00 p.m. CEST, up 1.11 percent versus the Xetra close of October 22, 2026 at EUR 35.00.

Second-quarter earnings accelerated

Bechtle's second-quarter earnings before taxes rose 20.00 percent, while order intake increased 26.00 percent. The first-half business volume grew 15.60 percent, and management lifted its fiscal-year outlook to more than 10.00 percent business-volume growth, with revenue and earnings-before-taxes growth of 5.00 percent to 10.00 percent, according to the Yahoo Finance transcript of the August 12, 2026 call.

Stock remains below its yearly high

The EUR 24.56 to EUR 45.14 52-week range puts the Lang & Schwarz price 21.60 percent below the high and 44.10 percent above the low as of October 23, 2026. The market capitalization was EUR 4.4 billion, and trading volume stood at 34,180 shares on the same date.

Valuation meets the next date

Bechtle's price-to-earnings ratio was 17.89 on October 23, 2026. JPMorgan's note also pointed to higher prior-year comparison figures in the final quarter, while the next scheduled reporting date is November 13, 2026, according to MarketScreener.

European scale supports the model

Bechtle operates across 14 European countries and more than 120 locations, with 16,418 employees. The company says it is listed in the MDAX and TecDAX and combines IT infrastructure, cloud, security, managed services and business applications, according to its investor information.

Price stays above the close

At EUR 35.39, Bechtle stock stood 1.11 percent above the Xetra close of October 22, 2026 at EUR 35.00. The further course of trading is shown by the continuously updated real-time quote of Bechtle stock.