Berenberg keeps Buy rating for Bechtle stock at EUR 40.00

Published on 10/14/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg retained Buy and its EUR 40.00 target on October 2, 2026. Bechtle stock costs EUR 35.35 on October 14, 2026, 0.20 percent above EUR 35.28.

Analyst target and reporting date

Berenberg retained its Buy rating and EUR 40.00 target on October 2, 2026.
Bechtle reported EUR 1.7 billion in revenue growth of 16.50 percent for the quarter ended June 30, 2026.
Bechtle stock trades at EUR 35.35 at 11:32 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.20 percent above the Xetra close of October 13, 2026.

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Bechtle (ISIN DE0005158703) stock was trading at EUR 35.35 at Lang & Schwarz on October 14, 2026, at 11:32 a.m. CEST, 0.20 percent above the Xetra close of October 13, 2026, at EUR 35.28. On October 2, 2026, Berenberg analyst Andreas Wolf retained a Buy rating and set a EUR 40.00 price target, as reported by Markets Insider.

Three dates shape the case

On August 12, 2026, Bechtle reported revenue of EUR 1.7 billion and profit of EUR 57.8 million for the quarter ended June 30, 2026, according to Aktienmagazin. On September 18, 2026, Bechtle presented a 2030 plan targeting business volume of more than EUR 10 billion and an earnings-before-taxes margin of 5 percent, according to Bechtle. The October 2, 2026 Berenberg note then kept the Buy rating and EUR 40.00 target, as reported by Markets Insider.

What does the target imply?

The EUR 40.00 target lies 13.15 percent above the EUR 35.35 Lang & Schwarz price. That gap gives the analyst call a clear valuation reference, while the market price remains below Bechtle's 52-week high of EUR 45.14 and above its 52-week low of EUR 24.56 as of October 14, 2026.

Results point to faster growth

The quarter ended June 30, 2026, delivered a 16.50 percent year-over-year increase in revenue to EUR 1.7 billion and a 21.30 percent increase in profit to EUR 57.8 million, according to Aktienmagazin. The combination matters because the profit increase exceeded the revenue increase by 4.80 percentage points, pointing to operating leverage in that reporting period.

The next reporting date

Bechtle's next confirmed earnings date is November 13, 2026, according to Stock Analysis. The date gives the market a defined checkpoint for testing whether the second-quarter growth profile and the 2030 profitability plan are translating into sustained results.

Stock price and investor context

Bechtle stock was trading at EUR 35.35 at Lang & Schwarz on October 14, 2026, at 11:32 a.m. CEST, 0.20 percent above the Xetra close of October 13, 2026, at EUR 35.28. The further course of trading is shown by the continuously updated real-time quote of Bechtle stock.