Berenberg keeps EUR 358 target and OHB stock gains 4.60 percent

Published on 10/14/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OHB held EUR 526.9 million in cash in the first half of 2026. OHB stock costs EUR 163.60 on October 14, 2026 versus EUR 156.40.

Analyst rating and balance sheet

Berenberg analyst Michael Filatov set a EUR 358.00 target on October 13, 2026.
OHB held EUR 526.9 million in cash and cash equivalents in the first half of 2026.
OHB stock trades at EUR 163.60 at 11:51 a.m. CEST at Lang & Schwarz on October 14, 2026, 4.60 percent above the Xetra close of October 13, 2026.

OHB, DE0005936124, Illustration mit AI erstellt.

OHB (ISIN DE0005936124) stock was trading at EUR 163.60 at Lang & Schwarz at 11:51 a.m. CEST on October 14, 2026, up 4.60 percent versus the Xetra close of EUR 156.40 on October 13, 2026. The immediate company-specific reference is Berenberg analyst Michael Filatov maintaining a Buy rating and setting a EUR 358.00 price target on October 13, 2026, as Markets Insider reported.

What does the target imply?

The EUR 358.00 target stands 118.83 percent above the EUR 163.60 Lang & Schwarz price. That comparison uses the same euro currency, while the daily move uses the dated Xetra close as its reference base.

For the business backdrop, Simply Wall St reported EUR 526.9 million in cash and cash equivalents and an order backlog of EUR 3.304 billion for the first half of 2026. The same source described confirmed 2026 guidance for total operating performance of EUR 1.4 billion and an adjusted EBITDA margin of 10.50 percent to 11.00 percent.

Three dated company developments

On August 31, 2026, EQS News listed an OHB contract for 18 satellite platforms under the European Union IRIS2 program. On October 5, 2026, the company named Alexander Dahm CEO of Rocket Factory Augsburg; the EQS News release said Dahm brings more than 30 years of aerospace and defense leadership experience.

On October 13, 2026, Markets Insider reported that Berenberg kept its Buy rating and set the EUR 358.00 target. The sequence links a large institutional order pipeline with a higher-profile launch subsidiary, while the analyst target supplies the clearest valuation reference in the current coverage.

Upcoming reporting dates

OHB lists the publication of its nine-month 2026 results and earnings call for November 12, 2026, followed by the Deutsche Bank Global Space and Defense Tech Summit on November 17-18, 2026. The calendar gives investors two dated checkpoints for testing the guidance range and the order backlog conversion.

OHB stock trades above Xetra close

At 11:51 a.m. CEST on October 14, 2026, OHB stock was trading at EUR 163.60 at Lang & Schwarz, 4.60 percent above the Xetra close of October 13, 2026 at EUR 156.40. The current quote remains 54.88 percent below the EUR 358.00 Berenberg target, using the target-to-price comparison.

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