Hensoldt stock falls after 2026 revenue and margin outlook upgrade

Hensoldt raised its 2026 revenue and adjusted EBITDA margin outlook on November 5 after strong nine-month growth. The defense electronics group now targets revenue of around 2.8 billion euros, compared with roughly 2.75 billion euros previously, while its adjusted EBITDA margin is expected at around 19 percent. Finanzen.net reported the updated targets and nine-month figures.

Hensoldt stock traded at 77.86 euros on Lang & Schwarz at 17:13 CET on Friday, November 6, 2026, 5.72 percent below the Xetra close of Thursday, November 5, at 82.58 euros. Compared with the 81.25-euro quote used in the relevant November 6 report at 08:09, the stock was down 4.17 percent.

Growth and guidance move higher

Revenue rose by more than 21 percent year on year to 1.86 billion euros in the first nine months. Adjusted operating profit increased by one third to 281 million euros, lifting the adjusted margin from 13.7 percent to 15.1 percent.

Order intake climbed nearly 77 percent to 3.56 billion euros, while the order backlog reached a record 10.36 billion euros at the end of September. Hensoldt is also targeting the upper end of its 1.5 to 2.0 book-to-bill range for the full year.

Next investor milestone

The company is scheduled to hold its 2026 capital markets day in London on Tuesday, November 10. That event should give investors a closer look at execution priorities and the path from the current backlog to future revenue.

For the wider German equity market, investors can follow the DAX as the relevant benchmark.

More news and analyses are available on Hensoldt stock.

Hensoldt stock at a glance

• Company: Hensoldt AG
• ISIN: DE000HAG0005
• Ticker: HAG
• Trading venue: Xetra
• Lang & Schwarz quote: 77.86 euros on November 6, 2026 at 17:13 CET
• Daily change: 5.72 percent below the Xetra close of November 5, 2026
• Xetra close: 82.58 euros on November 5, 2026