Berenberg keeps Buy rating for Bechtle stock at EUR 40 target

Published on 10/05/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 16.11 percent to EUR 1.73 billion. Bechtle stock costs EUR 34.22 on October 5, 2026 after EUR 34.54, minus 0.93 percent.

Bauhaus-Poster mit geometrischen Formen in Primärfarben und TECH-Schriftzug — Bechtle AG im Bauhaus-Stil geometrisches Poster für den IT-Sektor mit TECH-Schriftzug, Aktie DE0005158703, Illustration mit AI erstellt.

Bechtle stock was trading at EUR 34.22 at Lang & Schwarz on October 5, 2026, down 0.93 percent from the prior close of EUR 34.54. On September 25, 2026, Berenberg kept its Buy rating and EUR 40.00 price target, according to FinanzNachrichten.

Revenue growth supports the rating

Bechtle generated EUR 1.73 billion in revenue in the second quarter of 2026, compared with EUR 1.49 billion in the second quarter of 2025. That represents growth of 16.11 percent and gives the analyst case a measurable operating foundation.

Net income reached EUR 57.80 million in the second quarter of 2026, up from EUR 47.66 million in the year-earlier period. Markets Insider reported both figures and tied them to Bechtle's latest earnings release for the quarter ending June 30, 2026.

Target remains above the market price

Berenberg's EUR 40.00 target stands EUR 5.78 above the Lang & Schwarz price of EUR 34.22. The target therefore lies 16.89 percent above the reference price, although the rating reflects Berenberg's September 25 assessment rather than a same-day market call.

Bechtle's latest analyst picture also includes a more cautious view. J.P. Morgan assigned a Hold rating with a EUR 38.00 target on September 7, 2026, according to Markets Insider. That target is EUR 3.78 above the current euro reference price.

Next report date is November 12

MarketScreener lists November 12, 2026, as the date for Bechtle's third-quarter 2026 earnings release. The scheduled report will provide the next reported comparison for revenue, profit and the company's operating trajectory.

Bechtle stock trades below EUR 35

At 1:03 p.m. CEST on October 5, 2026, Bechtle stock was trading at EUR 34.22 at Lang & Schwarz, down 0.93 percent versus the Lang & Schwarz prior close of EUR 34.54 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Bechtle stock.