Deutsche Bank keeps EUR 50 target for PVA TePla stock

Published on 10/06/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose to EUR 65.66 million, up 8.01 percent. PVA TePla stock was last at EUR 35.10 on October 5, 2026, below EUR 46.74.

Pop-Art-Comic eines Wissenschaftlers an einer leuchtenden Kristallzuchtmaschine — PVA TePla AG (DE0007461006) im Pop-Art-Comic mit Wissenschaftler an riesiger Kristallzuchtmaschine dargestellt, Illustration mit AI erstellt.

PVA TePla stock (ISIN DE0007461006) was last at EUR 35.10 on Xetra on October 5, 2026 at 5:35 p.m. CEST. On that date, Deutsche Bank maintained its Buy rating and EUR 50.00 price target, leaving the substitute price 29.80 percent below the target, according to Markets Insider.

Deutsche Bank sees a cautious quarter

Michael Kuhn kept the rating and target unchanged while describing the third quarter as likely to be unspectacular. The analyst also said the financial year depends heavily on its final phase, a risk that places greater weight on execution late in 2026, as finanzen.ch reported on October 5, 2026.

The valuation gap is concrete. EUR 50.00 is 42.45 percent above the October 5 substitute Xetra price of EUR 35.10, while the stock remains below its EUR 46.74 52-week high cited in recent market coverage.

Revenue grows while profit weakens

For the second quarter of 2026, revenue reached EUR 65.66 million, up 8.01 percent from EUR 60.79 million a year earlier. At the same time, GAAP net income shifted from a EUR 2.69 million profit to a EUR 0.72 million loss, according to Markets Insider.

The first-half picture is similarly mixed. Revenue increased to EUR 120.54 million from EUR 119.60 million, a 0.79 percent gain, while EBITDA fell to EUR 4.39 million from EUR 14.93 million, a 70.60 percent decline, according to aktiencheck.de.

Orders support the second-half test

First-half order intake reached EUR 186.68 million, and the company retained 2026 guidance for revenue of EUR 255 million to EUR 275 million and EBITDA of EUR 26 million to EUR 31 million, with EBITDA expected in the lower half of that range, according to recent coverage by Investing.com. That combination gives investors a clear tension to track: order momentum is improving, but profitability must recover sharply during the second half to meet the outlook.

PVA TePla operates through Metrology and Material Solutions, serving semiconductor and advanced-materials markets. Its investor-relations page lists fiscal 2025 revenue of EUR 244.3 million, EBITDA of EUR 25.0 million and order intake of EUR 267.6 million, while its medium-term strategy targets EUR 500 million of consolidated revenue, according to PVA TePla.

Next report arrives November 5

PVA TePla is scheduled to publish its third-quarter 2026 report on November 5, 2026, according to finanzen.net. The report will test whether the order book is translating into the stronger revenue and EBITDA profile required by the full-year guidance.

Price source: substitute price Xetra, Lang & Schwarz without data set.