Citi cuts target for Knorr-Bremse stock from EUR 126.00 to EUR 123.00

Published on 10/02/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose to EUR 2.16 billion from EUR 2.00 billion. Knorr-Bremse stock costs EUR 99.03 on October 2, 2026 versus EUR 101.85.

3D-Render eines gläsernen Hochhauses mit angrenzendem Forschungscampus bei Tageslicht — Architektur-Render eines modernen Firmensitzes symbolisiert Knorr-Bremse AG, Aktie mit ISIN DE000KBX1006 an der Börse, Illustration mit AI erstellt.

Knorr-Bremse (ISIN DE000KBX1006) saw Citi cut its price target from EUR 126.00 to EUR 123.00 on October 2, 2026, while the bank retained its Buy rating, as Goldesel reported. The cut leaves the target EUR 23.97 above the Lang & Schwarz price later in the session.

Second-quarter revenue rises 8.00 percent

Markets Insider reported quarterly revenue of EUR 2.16 billion for the quarter ended June 30, 2026, up from EUR 2.00 billion in the comparable period, while net profit increased to EUR 173 million from EUR 140 million, as Markets Insider wrote. The revenue comparison implies an 8.00 percent year-over-year increase, while net profit rose 23.57 percent.

Knorr-Bremse's investor-relations page lists EUR 2.143 billion of revenue, EUR 305 million of operating EBIT and EUR 294 million of free cash flow for the second quarter of 2026, according to Knorr-Bremse. The combination points to profitability as the central counterweight to the more cautious target-setting.

Price targets span EUR 108 to EUR 131

Warburg Research raised its target from EUR 130.00 to EUR 131.00 and maintained a Buy rating on September 30, 2026, as reported by Aktiencheck. JPMorgan, by contrast, kept a Neutral rating and a EUR 108.00 target ahead of the October 29, 2026 quarterly report, according to Finanznachrichten. The EUR 23.00 gap between those targets shows how differently analysts weigh operating improvement and demand risks.

Knorr-Bremse stock falls in trading

Knorr-Bremse stock was trading at EUR 99.03 at Lang & Schwarz on October 2, 2026 at 4:34 p.m. CEST, down 2.77 percent versus the prior close of EUR 101.85. The Xetra quotation had a 52-week range of EUR 77.40 to EUR 115.60 and a market capitalization of EUR 16.0 billion as of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.