Bernstein raises target for Continental stock to EUR 82.00

Published on 10/09/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was EUR 4.40 billion and adjusted EBIT margin reached 15.30 percent. Continental stock costs EUR 68.46 on October 9, 2026 after EUR 68.71.

Key points in brief

Bernstein upgraded Continental to Outperform and raised its price target from EUR 74.00 to EUR 82.00 on October 8, 2026.
Continental generated EUR 4.40 billion in second-quarter revenue, while adjusted EBIT margin rose to 15.30 percent.
The Lang & Schwarz price was EUR 68.46 on October 9, 2026 at 12:32 p.m. CEST, down 0.36 percent from EUR 68.71.
Continental is scheduled to report third-quarter 2026 results on November 4, 2026.

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Continental stock (ISIN DE0005439004) was at EUR 68.46 at Lang & Schwarz on October 9, 2026 at 12:32 p.m. CEST, down 0.36 percent versus the prior close of EUR 68.71. On October 8, 2026, Bernstein upgraded Continental to Outperform and raised its price target from EUR 74.00 to EUR 82.00, according to Yahoo Finance.

Three milestones reshape Continental

On September 16, 2026, Continental said more than 650 new tire dimensions would be added across its product lines by the end of 2027, according to Continental. The expansion targets original equipment and replacement demand, including larger vehicles and electric drivetrains.

On September 24, 2026, Continental announced the sale of mycar Tyre & Auto in Australia for an enterprise value of AUD 403.00 million, or approximately EUR 250.00 million, per Continental. The disposal supports the group's shift toward a pure-play tire business.

The October 8 Bernstein upgrade is the latest of these milestones. The broker cited planned asset sales and a valuation discount, while identifying raw-material inflation as a risk from the second half of 2026, as Yahoo Finance reported.

What does the target change mean?

Bernstein's EUR 82.00 target stands 19.75 percent above the EUR 68.46 Lang & Schwarz price. The calculation uses the same euro currency and the October 9, 2026 reference price.

Continental's second-quarter 2026 revenue reached EUR 4.40 billion, while adjusted EBIT margin increased from 12.10 percent to 15.30 percent year over year, according to Journal du Pneus. The same report said adjusted EBIT rose 35.10 percent to EUR 570.00 million, even as group revenue declined 9.10 percent because of the disposal of Original Equipment Solutions.

Next results date is November 4

Continental's investor-relations calendar lists November 4, 2026 for both its third-quarter 2026 quarterly communication and results publication, according to Continental. The date gives the market its next scheduled test of the tire-focused strategy.

Stock holds below the target

At EUR 68.46, Continental stock was EUR 13.54 below Bernstein's EUR 82.00 target on October 9, 2026. The Lang & Schwarz quote was down 0.36 percent versus the prior close of EUR 68.71, keeping the daily move below the threshold for a directional market description.

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