Bechtle stock lifts 2026 EBT outlook after strong preliminary Q3
Published on 11/11/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBechtle enters final reporting stretch
- Preliminary third-quarter business volume rose despite a high prior-year comparison base.
- Management raised its 2026 EBT growth target for the second time this year.
- Final third-quarter and nine-month figures are scheduled for November 13, 2026.
Bechtle entered the final stretch of its 2026 reporting year with stronger preliminary third-quarter figures and a higher earnings outlook. In an ad hoc announcement dated Thursday, November 5, the company said preliminary third-quarter business volume rose 19% year on year to EUR 2.44 billion. Earnings before tax increased 14% to EUR 92 million.
Profit outlook moves higher
Bechtle's Executive Board now expects 2026 earnings before tax to grow by more than 10%. The previous target called for EBT growth of 5% to 10%, making the latest change the second full-year forecast increase of 2026 after the July 28 revision.
The company left its business-volume forecast unchanged at growth of more than 10% and maintained its revenue outlook at 5% to 10%. Management also continues to expect EBT as a percentage of business volume to decline slightly from the prior-year level of 3.8%. The revised profit target therefore reflects stronger expected earnings growth, not an improved margin forecast.
Order backlog supports next phase
Bechtle said the strong performance continued into the fourth quarter and pointed to a record order backlog. That provides management with a stronger operating signal heading into the closing months of the year, although the preliminary figures still have to be confirmed in the full report.
The business-volume figure includes the full selling price of software, while reported revenue reflects the gross profit from software sales under accounting rules. Investors should therefore assess both indicators in the context of Bechtle's business model rather than treat the two growth rates as interchangeable.
Stock awaits final figures
Bechtle stock traded at 33.68 euros on Xetra at 10:35 CET on Wednesday, November 11, 2026, 0.59 percent below the Xetra close of Tuesday, November 10. The quote was within a 52-week range of 24.56 euros to 45.14 euros, keeping the share's valuation and the confirmation of the upgraded outlook in focus ahead of the results date.
German large-cap trading provides the wider setting for Bechtle's share performance; investors can follow the DAX market environment.
Bechtle will publish its final third-quarter and first nine-month figures on Friday, November 13, 2026. The release should show whether the preliminary growth rates, the record order backlog and the higher EBT target are confirmed in the completed report. More news and analyses on Bechtle stock.
Bechtle AG at a glance
- Company: Bechtle AG
- ISIN: DE0005158703
- WKN: 515870
- Ticker: BC8
- Exchange: Xetra
- Share price: 33.68 euros at 10:35 CET on November 11, 2026
- Daily change: 0.59% below the Xetra close of November 10, 2026
- 52-week range: 24.56 euros to 45.14 euros
- Market capitalization: EUR 4.24 billion
