Continental stock gets a higher EUR 74.00 target from Bernstein

Published on 09/30/2026 at 11:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Continental stock posted Q2 adjusted EBIT of EUR 570 million at a 12.9 percent margin. The next quarterly statement is set for November 4, 2026.

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Continental stock (ISIN DE0005439004) was trading at EUR 68.09 at Lang & Schwarz on September 30, 2026, down 0.57 percent from the EUR 68.48 prior close. The market is weighing a fresh Bernstein target increase against a cautious industry outlook.

Bernstein lifts target to EUR 74.00

According to aktiencheck.de on September 30, 2026, Bernstein Research raised its Continental price target from EUR 73.00 to EUR 74.00 and kept its rating at Market-Perform. The analyst cited a delayed impact from the Middle East conflict on tire makers and described the third and fourth quarters as a test of brand strength and pricing power.

The new target stands 8.67 percent above the Lang & Schwarz price of EUR 68.09. That gap gives the rating a balanced message: Bernstein sees valuation room, but its unchanged Market-Perform view keeps the sector risks central to the assessment.

Q2 margin improvement meets weak demand

Continental's Q2 2026 earnings provide the operating counterpoint. In the transcript of the August 4, 2026 results call, Yahoo Finance reports group sales of EUR 4.4 billion, adjusted EBIT of EUR 570 million and an adjusted EBIT margin of 12.9 percent. The margin improved from 9.6 percent in Q2 2025, while Tires reached a 15.3 percent adjusted EBIT margin.

The figures show the core tension in Continental's transformation. Profitability improved even as volumes remained under pressure, with price mix, lower raw-material costs and operational measures supporting the Tires business. Management guided for continued-operations sales of EUR 13.2 billion to EUR 14.2 billion and an adjusted EBIT margin of 12.0 percent to 13.5 percent for 2026, according to the same Q2 call.

November 4 is the next checkpoint

Continental has set November 4, 2026, for its quarterly statement covering the period ended September 30, 2026, according to the company's financial calendar. That release will show whether the improved margin profile held through the second half of the year and how the revised reporting structure affects comparisons.

Continental is also narrowing its portfolio. Dow Jones News reported on September 25, 2026, that Continental agreed to sell Australian service and tire retailer mycar Tyre & Auto for EUR 250 million, subject to regulatory approval. The transaction supports the company's stated focus on its core tire business.

Continental stock stays below yearly high

At Lang & Schwarz, Continental stock was trading at EUR 68.09 on September 30, 2026, at 11:47 a.m. CEST, down 0.57 percent versus the prior close of EUR 68.48 on September 29, 2026. The 52-week range is EUR 53.10 to EUR 77.50, while market capitalization is EUR 13.6 billion as of September 30, 2026.