Jefferies raises target for Knorr-Bremse stock to EUR 126

Published on 10/14/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 3.10 percent to EUR 4.08 billion in 2026. Knorr-Bremse stock trades at EUR 100.10 on October 14, 2026 versus EUR 99.15.

Analyst view and operating base

First-half revenue reached EUR 4.08 billion on September 17, 2026, up 3.10 percent year over year.
Knorr-Bremse targets EUR 10.00 billion in revenue and a 16.00 percent operating EBIT margin by 2030.
Knorr-Bremse stock trades at EUR 100.10 at 11:49 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.96 percent above the Xetra close of October 13, 2026.
Quarterly results are scheduled for October 29, 2026.

Frankfurter Handelsraum mit Kursbildschirmen und Symbolen für Industrie und Transport — Börsen-Editorialfoto zeigt Handelsraum mit Sektor-Charts, passend zu Knorr-Bremse AG, Aktie mit ISIN DE000KBX1006 gelistet, Illustration mit AI erstellt.

Knorr-Bremse (ISIN DE000KBX1006) received a higher Jefferies price target of EUR 126.00 instead of EUR 125.00 on October 9, 2026, while the Buy rating was maintained, according to FinanzNachrichten. The target change puts the analyst view 25.87 percent above the Lang & Schwarz price of EUR 100.10, using the same euro currency.

Three milestones and their figures

Knorr-Bremse reported first-half 2026 revenue of EUR 4.08 billion on September 17, 2026, up 3.10 percent from EUR 3.96 billion in the first half of 2025, according to LOK Report. The same report put operating EBIT at EUR 566.00 million, 13.70 percent above the EUR 498.00 million recorded in the first half of 2025.

On October 7, 2026, Knorr-Bremse presented a Growth Beyond strategy targeting organic revenue of EUR 10.00 billion and an operating EBIT margin of 16.00 percent by 2030, as Yahoo Finance reported. The plan also includes free cash flow above EUR 1.00 billion and cash conversion above 90.00 percent.

What does the EUR 126 target imply

The Jefferies target is EUR 25.90 above the Lang & Schwarz quote, a calculated 25.87 percent upside relative to the current euro price. Jefferies cited well-filled order books, while it also pointed to weakness in European rail freight and regulatory uncertainty in the US truck market, according to FinanzNachrichten. That combination leaves the order book and margin trajectory as the key counterweights to cyclical truck demand.

Next results date is October 29

The next quarterly results are listed for October 29, 2026, by TickerLandia. That date gives investors a defined checkpoint for order intake, operating EBIT and progress toward the updated 2026 outlook.

Euro quote stays below target

Knorr-Bremse was trading at EUR 100.10 at Lang & Schwarz on October 14, 2026 at 11:49 a.m. CEST, 0.96 percent above the Xetra close of October 13, 2026 at EUR 99.15. The primary listing is on Xetra in euros, and the finance quote showed a market capitalization of EUR 16.1 billion as of October 14, 2026, with a 52-week range of EUR 77.40 to EUR 115.60. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.