Deutsche Bank raises target for MTU stock from EUR 435 to EUR 457

Published on 10/09/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MTU expects 10.00 percent third-quarter revenue growth. MTU stock costs EUR 349.40 on October 9, 2026 after EUR 347.50, plus 0.55 percent.

Key points in brief

Deutsche Bank Research raised its MTU target from EUR 435.00 to EUR 457.00 on October 6, 2026 and kept its Buy rating.
The analyst expects 10.00 percent revenue growth for the third quarter and sees possible upside to MTU's MRO outlook.
MTU stock was at EUR 349.40 at Lang & Schwarz on October 9, 2026, up 0.55 percent from EUR 347.50.
MTU reports third-quarter results on October 29, 2026, followed by its Capital Market Day on November 30, 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) stock was at EUR 349.40 at Lang & Schwarz on October 9, 2026, up 0.55 percent from EUR 347.50. On October 6, Deutsche Bank Research raised its target for MTU from EUR 435.00 to EUR 457.00 and kept its Buy rating, according to FinanzNachrichten.

Three signals set the sequence

MTU's recent chronology starts with its second-quarter results on July 30, 2026. MarketScreener lists second-quarter revenue at EUR 2.44 billion, compared with EUR 2.24 billion consensus, in its financial calendar and results history, according to MarketScreener.

On September 30, 2026, Bernstein Research maintained an Outperform rating and a EUR 450.00 target, as reported by FinanzNachrichten. Deutsche Bank's October 6 move then lifted the target by EUR 22.00, making the latest analyst view more optimistic without changing the rating.

What does the target reset mean?

The EUR 457.00 target lies 30.80 percent above the Lang & Schwarz price of EUR 349.40 on October 9, 2026. Deutsche Bank analyst Christophe Menard expects 10.00 percent revenue growth in the third quarter and said MTU could raise its 2026 maintenance, repair and overhaul outlook, according to IT Boltwise.

That expectation is set against MTU's first-half performance. Seeking Alpha reported that first-half 2026 revenue rose 13.00 percent to EUR 4.69 billion, while management reaffirmed its 2026 revenue and EBIT targets and lifted cash conversion guidance to 50.00-60.00 percent, according to Seeking Alpha. The key test is whether service growth and cash conversion can validate the higher expectations.

Next dates are already set

MTU is scheduled to publish its third-quarter 2026 results on October 29, 2026. The company is then due to hold its Capital Market Day on November 30, 2026, according to MarketScreener.

Stock holds above the prior close

At Lang & Schwarz, MTU stock was trading at EUR 349.40 on October 9, 2026 at 11:12 a.m. CEST, up 0.55 percent versus the prior close of EUR 347.50 on October 8, 2026. The primary listing is on Xetra, where the ticker is MTX and the company is included in the DAX, according to Deutsche Boerse. The further course of trading is shown by the continuously updated real-time quote of MTU stock.