Jefferies keeps Buy rating for Knorr-Bremse stock at EUR 126.00
Published on 10/21/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuidance and reporting timetable
- Jefferies maintained its Buy rating and EUR 126.00 target on October 10, 2026.
- Second-quarter revenue rose 7.00 percent to EUR 2.16 billion in 2026.
- Knorr-Bremse stock traded at EUR 97.45 at 9:15 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.91 percent below the Xetra close of October 20, 2026.
- Knorr-Bremse is scheduled to report third-quarter results on October 29, 2026.
Knorr-Bremse (ISIN DE000KBX1006) retained a Buy rating from Jefferies with a EUR 126.00 price target, according to The Globe and Mail on October 10, 2026. The reference price for German investors was EUR 97.45 at Lang & Schwarz on October 21, 2026 at 9:15 a.m. CEST.
Guidance supports the target
Knorr-Bremse's second-quarter 2026 revenue reached EUR 2.16 billion, up 7.00 percent from the year-earlier quarter, while net income came to EUR 173.00 million. The figures were reported in the coverage by The Globe and Mail for the quarter ended June 30, 2026.
The company's second-quarter earnings call also set out higher 2026 guidance: revenue of EUR 8.10 billion to EUR 8.30 billion, operating profit of EUR 1.40 billion to EUR 1.45 billion and free cash flow of EUR 750.00 million to EUR 850.00 million, according to Yahoo Finance on July 30, 2026.
Three dated developments
On July 30, 2026, Knorr-Bremse reported second-quarter revenue of EUR 2.16 billion and raised its 2026 guidance. On October 7, 2026, management presented its Growth Beyond strategy, including a 2030 revenue goal of EUR 10.00 billion and an operating EBIT margin goal of 16.00 percent, as reported by Yahoo Finance. On October 10, 2026, Jefferies maintained its Buy rating and EUR 126.00 target, according to The Globe and Mail.
When will investors get new figures?
Knorr-Bremse is scheduled to publish its third-quarter 2026 results on October 29, 2026, according to Investing.com. That report will test whether the higher guidance is translating into sustained margin progress after the second-quarter operating EBIT margin reached 14.20 percent.
Stock trades below the Xetra close
Knorr-Bremse stock was trading at EUR 97.45 at Lang & Schwarz on October 21, 2026 at 9:15 a.m. CEST, down 0.91 percent versus the Xetra close of October 20, 2026 at EUR 98.35. The company had a market capitalization of EUR 15.7 billion and a 52-week range of EUR 77.50 to EUR 115.60 as of October 21, 2026.
The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.
Knorr-Bremse stock facts
- Company: Knorr-Bremse AG
- ISIN: DE000KBX1006
- Ticker: KBX
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 21, 2026, 9:15 a.m. CEST): EUR 97.45
- Change versus Xetra close: minus 0.91 percent
- Xetra close (October 20, 2026): EUR 98.35
- Market capitalization: EUR 15.7 billion (as of October 21, 2026)
- 52-week range: EUR 77.50-EUR 115.60 (as of October 21, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
Market context: Market report DAX.
