Deutsche Bank cuts target for Krones stock from EUR 170.00 to EUR 167.00

Published on 10/21/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Krones stock costs EUR 113.20 on October 21, 2026, 0.18 percent above the Xetra close of EUR 113.00. Third-quarter results are due November 6, 2026.

Analyst view meets upcoming results

Deutsche Bank kept its Buy rating on October 21, 2026.
Second-quarter 2026 revenue reached EUR 1.35 billion, up 1.11 percent year over year.
Krones stock trades at EUR 113.20 at 11:22 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.18 percent above the Xetra close of October 20, 2026.
Third-quarter results are scheduled for November 6, 2026.

Aquarell einer bayerischen Flussstadt mit Altstadtsilhouette und Industriegebäuden im Hintergrund — Aquarellmalerei symbolisiert Krones AG DE0006335003 mit bayerischer Flusslandschaft, historischer Altstadt und fernen Industriegebäuden am Horizont, Illustration mit AI erstellt.

Krones stock (ISIN DE0006335003) was trading at EUR 113.20 at Lang & Schwarz on October 21, 2026, 0.18 percent above the Xetra close of October 20, 2026 at EUR 113.00. On October 21, Deutsche Bank retained its Buy rating but cut its target from EUR 170.00 to EUR 167.00, as reported by Zonebourse.

Target cut sharpens the debate

The reduction was EUR 3.00, but Deutsche Bank still kept a positive view of the industrial machinery maker. The new target stands EUR 53.80 above the Lang & Schwarz price, while the gap between the two targets shows that the bank has trimmed its estimate without abandoning its constructive stance.

Three events set the timeline

On July 29, 2026, Krones reported second-quarter revenue of EUR 1.35 billion and net income of EUR 70.50 million, according to KoalaGains. On October 19, 2026, Bernstein kept its Neutral view and EUR 111.00 target, according to boerse.de. On October 21, 2026, Deutsche Bank reduced its target from EUR 170.00 to EUR 167.00 while retaining its Buy rating, according to Zonebourse.

What does the next report need to prove?

The second-quarter figures provide a profitable base, with revenue up 1.11 percent year over year and net income higher than the EUR 68.50 million reported for the first quarter of 2026. Bernstein's warning that order growth has slowed and its earnings-per-share estimate is 6 percent below the analyst average adds a clear test for the next report, as boerse.de reported on October 19, 2026.

Next dates for Krones investors

Krones is scheduled to publish its third-quarter 2026 report on November 6, 2026. The quiet period is scheduled to begin on November 16, 2026, according to Finanznachrichten.

Stock remains below its yearly high

Krones has a market capitalization of EUR 3.6 billion as of October 21, 2026, and its 52-week range is EUR 103.20 to EUR 144.20. The current quote is therefore EUR 31.00 below the yearly high, while the upcoming results will offer the next concrete test of order growth and earnings expectations. Krones was trading at EUR 113.20 at Lang & Schwarz on October 21, 2026 at 11:22 a.m. CEST, 0.18 percent above the Xetra close of October 20, 2026 (EUR 113.00). The further course of trading is shown by the continuously updated real-time quote of Krones stock.