Bernstein keeps EUR 450.00 target for MTU Aero Engines stock

Published on 10/05/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein set a EUR 450.00 target with Outperform on October 1, 2026. MTU Aero Engines stock costs EUR 369.75 on October 5, 2026 versus EUR 370.50.

Editorial-Foto der Börse Frankfurt mit Kurscharts und DAX-Anzeige — Editorielles Börsenfoto der Frankfurter Handelshalle mit DAX-Charts symbolisiert Kursentwicklung von MTU Aero Engines AG DE000A0D9PT0, Illustration mit AI erstellt.

MTU Aero Engines (ISIN DE000A0D9PT0) was trading at EUR 369.75 at Lang & Schwarz on October 5, 2026 at 10:34 a.m. CEST, with a minus 0.20 percent change versus the prior close of EUR 370.50. The latest analyst signal is Bernstein Research's maintained Outperform view and EUR 450.00 price target, reported on October 1, 2026.

Bernstein keeps EUR 450 target

According to finanzen.ch on October 1, 2026, Bernstein analyst Adrien Rabier kept the Outperform rating and EUR 450.00 target. The target lies 21.71 percent above the Lang & Schwarz price of EUR 369.75, giving the analyst call a clear valuation reference for the session.

finanzen.ch reported on September 30, 2026 that seven analysts had published views in the preceding month. Five rated the stock a Buy, one recommended Hold and one rated it Sell, with an average target of EUR 425.71.

Revenue rises as profit falls

MTU's second-quarter numbers show why the market is weighing growth against execution. Markets Insider wrote on October 1, 2026 that revenue for the quarter ended June 30 reached EUR 4.67 billion, up 11.99 percent from EUR 4.17 billion a year earlier.

The same report put net profit at EUR 430.00 million for the second quarter, down 23.21 percent from EUR 560.00 million in the prior-year quarter. That combination makes margin conversion and engine-program execution more important than revenue growth alone.

2026 outlook sets the next test

Simply Wall St reported on October 4, 2026 that MTU's 2026 outlook calls for revenue of EUR 9.20 billion to EUR 9.70 billion and EBIT of EUR 1.35 billion to EUR 1.45 billion. The ranges imply another revenue step up while keeping operating profit within a tighter band, placing supply-chain reliability and aftermarket throughput at the center of the investment case.

MTU's investor-relations page lists fiscal 2025 adjusted revenue of EUR 8.70 billion, adjusted net income of EUR 968.00 million, adjusted EBIT of EUR 1.35 billion and adjusted free cash flow of EUR 378.00 million. The company describes its business as commercial and military aircraft engines, maintenance services and stationary gas turbines.

Stock stays below its yearly high

MTU Aero Engines had a market capitalization of EUR 20.0 billion and a 52-week range of EUR 265.20 to EUR 404.80 as of October 5, 2026. The Lang & Schwarz price therefore stood 8.66 percent below the 52-week high, while the modest daily move kept the immediate signal neutral rather than directional.

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