Jefferies lifted Thyssenkrupp target to EUR 16.50. Thyssenkrupp stock gains 1.08 percent

Published on 10/13/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 8.00 percent to EUR 8.80 billion. Thyssenkrupp stock costs EUR 14.03 on October 13, 2026 versus the October 12 Xetra close at EUR 13.88.

Jefferies lifted its Thyssenkrupp price target from EUR 13.00 to EUR 16.50 on October 7, 2026.
Thyssenkrupp Steel targets at least EUR 1.2 billion in adjusted EBITDA and an adjusted EBITDA margin of at least 11 percent.
The stock was trading at EUR 14.03 at Lang & Schwarz on October 13, 2026, up 1.08 percent versus the October 12 Xetra close of EUR 13.88.
The next earnings date is December 8, 2026, while the investor-relations calendar lists a November 4, 2026 roadshow in London.

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Thyssenkrupp (ISIN DE0007500001) stock was trading at EUR 14.03 at Lang & Schwarz on October 13, 2026 at 9:06 a.m. CEST, up 1.08 percent versus the October 12 Xetra close of EUR 13.88. Jefferies lifted its price target from EUR 13.00 to EUR 16.50 on October 7, 2026, according to Boerse Express.

Steel targets EUR 1.2 billion

At its Capital Market Day on September 28, 2026, thyssenkrupp Steel set a medium-term target of at least EUR 1.2 billion in adjusted EBITDA, an adjusted EBITDA margin of at least 11 percent and positive free cash flow, according to thyssenkrupp. The company also expects self-help measures to contribute more than EUR 800 million to earnings improvement.

The target is ambitious because it depends on restructuring execution rather than a single contract. The official release said 4,000 of approximately 11,000 planned workforce reductions had already been implemented by September 28, 2026, while more than half of the self-help measures were contractually agreed or being implemented.

Three dated operating milestones

On August 13, 2026, the nine-month report for fiscal 2025/26 showed revenue of EUR 8.79 billion and adjusted EBIT of EUR 183.00 million, up EUR 28.00 million year over year, according to Investing.com. On September 28, 2026, Steel Europe presented the EUR 1.2 billion adjusted EBITDA ambition. On October 7, 2026, Jefferies raised its target from EUR 13.00 to EUR 16.50.

What does EUR 1.2 billion mean

The margin target of at least 11 percent gives the steel plan a measurable profitability test. The EUR 800 million self-help contribution is also more than two-thirds of the EUR 1.2 billion adjusted EBITDA ambition, although the company has not tied the target to a specific reporting year.

Dates and the stock price

The investor-relations calendar lists a roadshow in London for November 4, 2026, while Investing.com names December 8, 2026, as the next earnings date. The price target of EUR 16.50 stands EUR 2.47 above the Lang & Schwarz price, but that comparison is not a forecast by this article.

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