Bechtle stock trades at EUR 34.41 after a target raise

Published on 09/30/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank lifted its Bechtle target from EUR 45.00 to EUR 49.00 on September 21, 2026, keeping Buy. Q2 revenue rose 16.5 percent year over year.

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Bechtle (ISIN DE0005158703) was trading at EUR 34.41 at Lang & Schwarz on September 30, 2026 at 4:44 p.m. CEST, down 0.75 percent from the EUR 34.67 prior close. The latest analyst signal came from Deutsche Bank Research, which raised its price target from EUR 45.00 to EUR 49.00 while retaining a Buy rating on September 21, 2026.

Deutsche Bank raises target

As MarketScreener reported, Deutsche Bank analyst Lars Vom-Cleff argued that the capital markets day did not change the investment thesis, but the outlook for the following year and medium-term growth had improved. The target increase from EUR 45.00 to EUR 49.00 represents an 8.89 percent increase in the published target.

The counterpoint is a more cautious view from JP Morgan. MarketScreener reported on September 18, 2026 that JP Morgan kept a Neutral rating and a EUR 38.00 target.

Q2 growth supports guidance

Bechtle's Q2 2026 presentation dated September 21, 2026 showed revenue of EUR 1.7 billion, up 16.5 percent from EUR 1.5 billion in Q2 2025. EBT rose 20.1 percent to EUR 80.2 million from EUR 66.8 million, while EBIT increased 23.0 percent to EUR 84.1 million from EUR 68.4 million.

According to Bechtle, the company raised its 2026 forecast after strong first-half performance and a record order backlog. The revised ranges call for business volume growth above 10 percent, revenue growth of 5 percent to 10 percent and EBT growth of 5 percent to 10 percent.

Next results arrive in November

The next scheduled checkpoint is Bechtle's Q3 2026 earnings release on November 12, 2026, according to MarketScreener. The date gives investors a defined test for whether the raised full-year ranges are translating into sustained quarterly execution.

Bechtle stock stays below yearly high

The Lang & Schwarz quote put Bechtle stock at EUR 34.41 on September 30, 2026 at 4:44 p.m. CEST, with a prior close of EUR 34.67 and a daily change of minus 0.75 percent. The 52-week range was EUR 24.56 to EUR 45.14, while market capitalization stood at EUR 4.3 billion.

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