Jefferies keeps EUR 460 target for MTU Aero Engines stock

Published on 10/16/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MTU posted EUR 4.69 billion revenue in first-half 2026, up 13 percent. MTU Aero Engines stock costs EUR 354.85, 0.52 percent above the Xetra close.

Analyst targets meet operating milestones

Jefferies maintained a Buy rating and set a EUR 460.00 target on October 13, 2026.
MTU reported EUR 4.69 billion revenue in the first half of 2026, up 13 percent.
MTU Aero Engines stock trades at EUR 354.85 at 9:21 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.52 percent above the Xetra close of October 15, 2026.
MTU's next third-quarter results are scheduled for October 29, 2026.

Vogelperspektiven-Flatlay auf weißem Untergrund: polierte Titan-Turbinenschaufel links, Drehmomentschlüssel oben, ausgerollte technische Zeichnung in der Mitte mit Schaufelquerschnitten, Schutzbrille rechts oben, Messschieber und Schrauben rechts — Flatlay mit Turbinenschaufel, Drehmomentschlüssel und Konstruktionszeichnung. MTU Aero Engines AG, ISIN DE000A0D9PT0, Illustration mit AI erstellt.

MTU Aero Engines (ISIN DE000A0D9PT0) was trading at EUR 354.85 pre-market at Lang & Schwarz on October 16, 2026 at 9:21 a.m. CEST, EUR 1.85 or 0.52 percent above the Xetra close of October 15, 2026 at EUR 353.00. The latest analyst signal came from Jefferies, which maintained a Buy rating and set a EUR 460.00 price target on October 13, 2026, according to Markets Insider.

Three dated catalysts

MTU's recent investor narrative has combined higher analyst targets with operating milestones. On September 24, 2026, United Airlines took delivery of its first Airbus A321 XLR powered by the GTF Advantage engine, while MTU's Jinwan maintenance site had returned 100 PW1100G-JM engines to customers after 18 months, as Boerse Express reported.

On October 6, 2026, Deutsche Bank Research raised its MTU target from EUR 435.00 to EUR 457.00 and retained Buy. The analyst expected third-quarter revenue growth of 10 percent and identified the maintenance business as a possible source of higher guidance, according to FinanzNachrichten.

Jefferies followed on October 13, 2026, with its EUR 460.00 target and Buy rating. That target lies 29.63 percent above the Lang & Schwarz price, using the same euro basis. The sequence gives investors a concrete benchmark before the next company update.

What does the target mean?

The operating backdrop supplies the counterweight to the valuation discussion. MTU reported EUR 4.69 billion revenue for the first half of 2026, an increase of 13 percent from the prior-year period, while management reaffirmed its 2026 revenue and adjusted EBIT framework, according to Seeking Alpha. The same report said MTU lifted cash conversion guidance to 50 percent to 60 percent.

MTU's own investor-relations page lists fiscal-year 2025 adjusted revenue of EUR 8.7 billion, adjusted EBIT of EUR 1.351 billion and adjusted free cash flow of EUR 378 million, providing a historical baseline for the current growth case. The company describes itself as a leading German engine manufacturer with more than 14,000 employees, according to MTU Aero Engines.

Next results date

MTU is scheduled to publish its third-quarter results and hold the related conference call on October 29, 2026, according to Boerse Express. The date matters because the latest analyst targets already assume stronger cash generation and continued aftermarket demand.

Stock remains below yearly high

MTU is listed on Xetra and belongs to the DAX, while its 52-week range is EUR 265.20 to EUR 404.80 and its market capitalization is EUR 19.1 billion as of October 16, 2026. At EUR 354.85, the Lang & Schwarz quote remains EUR 49.95 below the upper end of that range.

The further course of trading is shown by the continuously updated real-time quote of MTU Aero Engines stock.