Jefferies raises target for PVA TePla stock from EUR 47.00 to EUR 48.00

Published on 10/23/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 0.79 percent to EUR 120.54 million in first-half 2026. PVA TePla stock costs EUR 27.98 on October 23, 2026, 0.72 percent above EUR 27.78.

Target and earnings calendar

Jefferies lifted its PVA TePla target from EUR 47.00 to EUR 48.00 on October 14, 2026.
First-half 2026 revenue reached EUR 120.54 million versus EUR 119.60 million a year earlier.
PVA TePla stock trades at EUR 27.98 at 9:57 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.72 percent above the Xetra close of October 22, 2026.
Morgan Stanley reported total positions of 11.39 percent of voting rights on October 12, 2026.

Isometrische 3D-Grafik der Wertschöpfungskette vom Rohsilizium bis zum fertigen Chip — PVA TePla AG (DE0007461006) stellt isometrisch die Halbleiter-Wertschöpfungskette vom Rohstoff zum Chip dar, Illustration mit AI erstellt.

PVA TePla (ISIN DE0007461006) was trading at EUR 27.98 at Lang & Schwarz on October 23, 2026 at 9:57 a.m. CEST, 0.72 percent above the Xetra close of October 22, 2026 at EUR 27.78. The main company-specific catalyst is Jefferies raising its price target from EUR 47.00 to EUR 48.00 on October 14, 2026, while retaining its Buy rating, as reported by MarketScreener.

Orders rise as margins recover

PVA TePla entered the next reporting milestone with first-half 2026 revenue of EUR 120.54 million, up 0.79 percent from EUR 119.60 million in the prior-year period. Aktienwelt360 also reported first-half EBITDA of EUR 4.39 million, down from EUR 14.93 million a year earlier.

The operating contrast is clear: order intake rose more than 80 percent year over year in the first half, according to the Q2 earnings-call transcript carried by Yahoo Finance, but management expected full-year EBITDA in the lower half of its EUR 26 million to EUR 31 million guidance range.

What does the target imply?

Jefferies target of EUR 48.00 lies 71.55 percent above the Lang & Schwarz price of EUR 27.98. That gap gives the analyst call clear numerical weight, but the earnings profile still depends on margin improvement after first-half EBITDA fell by EUR 10.54 million year over year.

Three dated signals frame trading

On August 6, 2026, PVA TePla reported first-half revenue of EUR 120.54 million. On October 14, 2026, Jefferies lifted its target from EUR 47.00 to EUR 48.00. On October 23, 2026, the Lang & Schwarz quote stood at EUR 27.98, or 0.72 percent above the Xetra close.

Two dates matter next

The company lists November 5, 2026 for publication of its third-quarter 2026 interim report and the related conference call. It also lists November 23, 2026 for the Deutsches Eigenkapitalforum, according to the PVA TePla investor-relations page.

Stock valuation and next report

PVA TePla combines a EUR 578.5 million market capitalization with a 52-week range of EUR 19.67 to EUR 46.74 as of October 23, 2026. The next report will show whether stronger orders are translating into the margin recovery embedded in the company outlook. The stock was trading at EUR 27.98 at Lang & Schwarz on October 23, 2026 at 9:57 a.m. CEST, 0.72 percent above the Xetra close of October 22, 2026 at EUR 27.78. The further course of trading is shown by the continuously updated real-time quote of PVA TePla stock.