Jefferies raises target for Knorr-Bremse stock to EUR 126.00
Published on 10/13/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Jefferies raised its Knorr-Bremse price target from EUR 125.00 to EUR 126.00 on October 9, 2026, keeping a Buy rating.
- Management set a EUR 10 billion revenue target and a 16.00 percent operating EBIT margin target for 2030.
- Knorr-Bremse stock was at EUR 99.98 at Lang & Schwarz on October 13, 2026, 0.53 percent above the October 12 Xetra close of EUR 99.45.
- Third-quarter results are scheduled for October 29, 2026.
Jefferies raised its price target for Knorr-Bremse stock from EUR 125.00 to EUR 126.00 on October 9, 2026, while keeping its Buy rating. The target change came as the analyst cited full order books and said third-quarter figures should meet expectations, with potential for a positive order-intake surprise, according to DER AKTIONÄR.
Three milestones shape the outlook
On September 17, 2026, Knorr-Bremse announced Europe's first commercial equipment contract for digital automatic couplers with ÖBB Rail Cargo Group. The PioDAC project is scheduled to enter commercial fleet operations in 2028, and the company identified annual European original-equipment revenue potential in the triple-digit million-euro range, as MarketScreener reported.
On October 7, 2026, management presented a 2030 plan built around EUR 10 billion of revenue and a 16.00 percent operating EBIT margin. The revenue goal is 28.21 percent above the EUR 7.8 billion reported for fiscal 2025, giving investors a clear measure of the expansion embedded in the plan, according to Investing.com.
What does the target mean for margins?
The 16.00 percent operating EBIT goal places profitability beside revenue growth rather than treating scale as the only objective. Management also described rail signaling, energy technologies, digital tools and autonomous truck systems as growth fields, while aftermarket sales provide recurring demand across long product lifecycles, according to Investing.com.
Operationally, TickerLandia lists revenue of EUR 2.16 billion and net income of EUR 173.0 million for the second quarter of 2026, with the quarter ending June 30, 2026. That places the current discussion between two reference points: a fresh quarterly earnings base and a longer-term margin ambition, according to TickerLandia.
Stock remains below its yearly high
Knorr-Bremse stock was trading at EUR 99.98 at Lang & Schwarz on October 13, 2026 at 9:12 a.m. CEST, 0.53 percent above the Xetra close of October 12, 2026 at EUR 99.45. The 52-week range was EUR 77.40 to EUR 115.60 as of October 12, 2026, leaving the share price below the upper end of that range.
Jefferies' EUR 126.00 target stands 26.02 percent above the Lang & Schwarz price, using the same euro currency. The next scheduled reporting date is October 29, 2026, when Knorr-Bremse is expected to publish its third-quarter results, according to TickerLandia.
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
- WKN: KBX100
- Ticker: KBX
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 13, 2026, 9:12 a.m. CEST): EUR 99.98
- Change versus Xetra close: plus 0.53 percent
- Xetra close (October 12, 2026): EUR 99.45
- Market capitalization: EUR 16.0 billion (as of October 12, 2026)
- 52-week range: EUR 77.40-115.60 (as of October 12, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Parts
- Next earnings date: October 29, 2026
Market context: Market report DAX.
