Bernstein raises target for Continental stock from EUR 74 to EUR 82

Published on 10/12/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Continental stock costs EUR 69.39 on October 12, 2026 versus EUR 69.14. The mycar sale carried AUD 403.00 million enterprise value.

Key points in brief

Bernstein raised its Continental target from EUR 74.00 to EUR 82.00 and upgraded the stock to Outperform on October 8, 2026.
Continental stock was at EUR 69.39 at Lang & Schwarz on October 12, 2026, plus 0.36 percent versus the Xetra close.
The planned ContiTech sale is valued at EUR 3.1 billion, with EUR 2.5 billion earmarked for shareholder returns and EUR 600.0 million for debt reduction.
Continental plans to publish its third-quarter results and quarterly statement on November 4, 2026.

Isometrische Illustration: Miniatur-Reifenfabrik mit Förderbändern, Reifen-Lagerregalen und Gabelstaplern — Isometrischer 3D-Render einer Miniatur-Reifenfabrik mit Förderbändern, Lagerhalle und Gabelstaplern – abstrahiertes Symbol für die Fertigungsinfrastruktur der Continental AG (ISIN DE0005439004), Illustration mit AI erstellt.

Continental (ISIN DE0005439004) was trading at EUR 69.39 at Lang & Schwarz on October 12, 2026 at 10:37 a.m. CEST. Bernstein raised its target from EUR 74.00 to EUR 82.00 and upgraded Continental to Outperform on October 8, 2026, according to Investing.com.

Three dated strategic moves

On September 16, 2026, Continental said it would add more than 650 ultra-high-performance tire sizes by the end of 2027, according to Continental. The expansion targets original equipment and replacement markets, linking product breadth to premium vehicles and larger wheels.

On September 24, 2026, Continental announced the sale of mycar Tyre and Auto to Tuhu at an enterprise value of AUD 403.00 million, according to Continental. The latest event came on October 8, 2026, when Bernstein moved the target from EUR 74.00 to EUR 82.00 and changed its rating to Outperform.

What does the sale mean for returns?

Morgan Stanley said Continental plans to sell ContiTech for EUR 3.1 billion, return EUR 2.5 billion to shareholders and use EUR 600.0 million to reduce debt, according to Yahoo Finance. That capital-allocation plan gives the target increase a direct connection to the planned transition toward a tire-focused business, while execution of the sale remains a central valuation variable.

November brings two company dates

Continental scheduled its quarterly statement for September 30, 2026 and its third-quarter 2026 results for November 4, 2026, according to the company financial calendar at Continental. The two disclosures will provide the next quantified test of the tire-focused strategy.

Stock stays below the yearly high

At EUR 69.39, Continental stock was 10.46 percent below its 52-week high of EUR 77.50 and 30.68 percent above its 52-week low of EUR 53.10 on October 12, 2026. The current price was plus 0.36 percent versus the Xetra close of October 9, 2026 at EUR 69.14.

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