Deutsche Bank raised MTU Aero Engines stock target to EUR 457.00

Published on 10/14/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 4.67 billion in the second quarter. MTU Aero Engines stock costs EUR 354.65 on October 14, 2026, 1.59 percent above EUR 349.10.

Target and quarterly figures

Deutsche Bank raised its MTU target from EUR 435.00 to EUR 457.00 on October 6, 2026.
Revenue reached EUR 4.67 billion in the second quarter, while net income was EUR 430.00 million.
MTU Aero Engines stock traded at EUR 354.65 at 9:23 a.m. CEST on October 14, 2026, 1.59 percent above the Xetra close of October 13, 2026.

Schwarzweiß-Reportagefoto einer Triebwerkswartungshalle mit Technikern — Dokumentarische Schwarzweiß-Reportage aus großer MRO-Halle illustriert das Wartungsgeschäft von MTU Aero Engines AG DE000A0D9PT0, Illustration mit AI erstellt.

MTU Aero Engines (ISIN DE000A0D9PT0) was trading at EUR 354.65 at Lang & Schwarz on October 14, 2026 at 9:23 a.m. CEST, up EUR 5.55 and 1.59 percent versus the Xetra close of EUR 349.10 on October 13, 2026. The latest analyst move came from Deutsche Bank Research, which raised its target from EUR 435.00 to EUR 457.00 on October 6, 2026.

Deutsche Bank lifts its target

According to boerse.de, Deutsche Bank kept its Buy rating while increasing the target from EUR 435.00 to EUR 457.00. Analyst Christophe Menard also projected 10.00 percent revenue growth for MTU in the third quarter and pointed to possible upside for the maintenance, repair and overhaul outlook.

The target implies a 28.85 percent premium to the Lang & Schwarz price, calculated from EUR 457.00 and EUR 354.65. That gap gives the analyst call more weight than a simple rating change, but the forecast remains tied to the upcoming quarterly report.

Three dated signals shape valuation

On June 30, 2026, MTU reported quarterly revenue of EUR 4.67 billion and net income of EUR 430.00 million, according to Markets Insider. Revenue rose 11.99 percent from EUR 4.17 billion a year earlier, while net income fell 23.21 percent from EUR 560.00 million.

On October 1, 2026, Bernstein maintained a Buy rating and a EUR 450.00 target, also reported by Markets Insider. Deutsche Bank's October 6 target therefore sits EUR 7.00 above Bernstein's level, while both ratings remain positive.

What does the next quarter mean?

MTU is scheduled to publish third-quarter results on October 29, 2026, according to Investing.com. The same source cites expectations for EUR 2.41 billion in quarterly revenue and EUR 4.27 in earnings per share, while Deutsche Bank's 10.00 percent revenue-growth estimate sets a clear benchmark for the release.

MTU's Capital Markets Day is scheduled for November 30, 2026, when JPMorgan expects the company to discuss medium-term guidance and free cash flow, as Yahoo Finance reports. For investors, the key test is whether revenue momentum can coexist with a recovery in cash generation.

Stock remains below its yearly high

At Lang & Schwarz, MTU stock was trading at EUR 354.65 on October 14, 2026 at 9:23 a.m. CEST, or EUR 5.55 and 1.59 percent above the Xetra close of EUR 349.10 on October 13, 2026. Its 52-week range was EUR 265.20 to EUR 404.80, while market capitalization stood at EUR 19.2 billion as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of MTU Aero Engines stock.