DHL, DE0005552004

Deutsche Bank raises target for DHL Group stock from EUR 62 to EUR 64

Published on 10/21/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DHL lifted 2026 EBIT guidance to EUR 7.00 billion from EUR 6.50 billion. DHL Group stock costs EUR 57.76 on October 21, 2026, 0.14 percent above Xetra close.

Earnings and valuation context

Deutsche Bank lifted its DHL Group target from EUR 62 to EUR 64 on October 19, 2026.
First-half 2026 revenue reached EUR 42.79 billion, up 5.30 percent year over year.
DHL stock trades at EUR 57.76 at 9:06 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.14 percent above the Xetra close of October 20, 2026.

Redaktionsfoto des Frankfurter Börsenhandelsraums mit DAX- und Logistiksektor-Anzeigetafeln — DHL Group (Deutsche Post) DAX-Börsenparkett Frankfurt mit sichtbaren Logistik-Sektor-Charts, Aktie ISIN DE0005552004, Illustration mit AI erstellt.

DHL Group (ISIN DE0005552004) was trading at EUR 57.76 at Lang & Schwarz at 9:06 a.m. CEST on October 21, 2026, up 0.14 percent versus the Xetra close of October 20, 2026 at EUR 57.68. Deutsche Bank Research raised its DHL Group price target from EUR 62 to EUR 64 on October 19, 2026, and retained its Buy rating, according to MarketScreener.

Guidance moves above EUR 7 billion

DHL Group raised its full-year 2026 reported EBIT outlook to more than EUR 7.00 billion from more than EUR 6.50 billion on October 16, 2026. The company also lifted divisional EBIT guidance to more than EUR 6.40 billion from more than EUR 5.90 billion, while free cash flow excluding net mergers and acquisitions was raised to more than EUR 3.20 billion from EUR 3.00 billion, according to DHL Group.

The upgrade gives the analyst target a clear operating reference. The new EUR 64.00 target stands EUR 6.24 above the Lang & Schwarz price, a gap of 10.80 percent. That comparison also explains why the guidance announcement remains central to the stock story even though the morning price change is below 1 percent.

What do the latest figures show?

DHL's first-half 2026 revenue was EUR 42.79 billion, up 5.30 percent from EUR 40.63 billion in the first half of 2025. EBIT reached EUR 3.34 billion, 19.10 percent above the EUR 2.80 billion reported for the prior-year period, while free cash flow excluding acquisitions and divestitures rose 67.40 percent to EUR 1.78 billion, according to DHL Group.

Three dated DHL developments

On October 12, 2026, DHL reported that it had repurchased 92,096 shares between October 5 and October 9, according to Deutsche Boerse. On October 15, 2026, the company said Robert Schneider will become executive vice president for investor relations on April 1, 2027, after Martin Ziegenbalg retires in May 2027, as DHL Group announced. On October 16, 2026, DHL raised its full-year EBIT guidance above EUR 7.00 billion.

Dates for the next milestones

DHL's full third-quarter 2026 report is scheduled for November 5, 2026, according to DHL Group. Robert Schneider's investor-relations appointment is scheduled for April 1, 2027.

Stock holds above the Xetra close

The modest morning premium leaves DHL below the Deutsche Bank target while the operating outlook has improved. At Lang & Schwarz, DHL stock was trading at EUR 57.76 on October 21, 2026 at 9:06 a.m. CEST, 0.14 percent above the Xetra close of October 20, 2026 at EUR 57.68. The further course of trading is shown by the continuously updated real-time quote of DHL stock.