Hensoldt stock gains 3.19 percent after Jefferies upgrade

Published on 10/05/2026 at 20:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hensoldt stock received a Jefferies Buy upgrade on October 5, 2026, with the EUR 98 target unchanged. H1 revenue rose 23.6 percent to EUR 1,167 million.

Großes Radarsystem von Hensoldt AG bei Sonnenuntergang auf Berghügel — Hensoldt AG Radarsystem auf Hügel bei Sonnenuntergang fotografiert, ISIN DE000HAG0005 Rüstungselektronik Deutschland, Illustration mit AI erstellt.

Hensoldt stock (ISIN DE000HAG0005) was trading at EUR 82.04 on Xetra on October 5, 2026, at 4:31 p.m. CEST, up 3.19 percent from EUR 79.50. The immediate catalyst was a Jefferies upgrade from Hold to Buy, while the bank kept its EUR 98 price target unchanged, as BÖRSE ONLINE reported on October 5, 2026.

Jefferies sees growth improving

Jefferies analyst Ben Brown described the recent decline as an attractive entry point and said Hensoldt's growth profile was taking a more positive turn. The EUR 98 target lies 19.5 percent above the Xetra price of EUR 82.04, a gap that gives the upgrade a clear valuation dimension.

The recommendation also arrives before Hensoldt's November capital markets activity and a series of potential order catalysts. The same report said the company was already exceeding values implied by its 2026 forecast, while the medium-term outlook appeared more durable than those of competitors.

H1 orders build the case

Hensoldt's operating figures provide the stronger long-term support for the market debate. In the first half of 2026, revenue increased 23.6 percent to EUR 1,167 million and adjusted EBITDA rose 28.5 percent to EUR 137 million, according to Stock-World.

Order intake reached EUR 2,812 million, compared with EUR 1,405 million in the year-earlier period, while the order backlog climbed to EUR 10,356 million. Management retained its 2026 guidance of EUR 2,750 million in revenue and an adjusted EBITDA margin of 18.5 percent to 19.0 percent, the same report said.

Consensus stays above the market

A separate analyst overview published by Börse Express lists three Buy ratings, one Hold rating and zero Sell ratings from four houses. Its 12-month consensus target is EUR 97, which stands 18.2 percent above the Xetra price of EUR 82.04.

The contrast is important: Hensoldt has delivered double-digit H1 growth, but the share price remains below its 52-week high of EUR 114.30. The current quote is also above the 52-week low of EUR 63.48, leaving the market to weigh execution against valuation.

November brings the next checkpoint

HENSOLDT's investor-relations calendar lists November 5, 2026, for the 9M 2026 quarterly statement. That date will give investors a fresh test of order conversion, revenue growth and the company's retained margin guidance, as shown on HENSOLDT's investor-relations page.

Hensoldt stock holds above EUR 80

Hensoldt stock was last at EUR 82.04 on Xetra on October 5, 2026, at 4:31 p.m. CEST, with a session range of EUR 78.34 to EUR 82.32 and a 52-week range of EUR 63.48 to EUR 114.30.