JPMorgan cuts target for Schaeffler stock from EUR 10.00 to EUR 8.50

Published on 10/02/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schaeffler stock stands at EUR 6.21 on October 2, 2026 versus EUR 6.24. First-half EBIT before special items rose to EUR 549 million from EUR 482 million.

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Schaeffler (ISIN DE000SHA0100) was trading at EUR 6.21 at Lang & Schwarz on October 2, 2026 at 12:31 p.m. CEST, minus 0.48 percent versus the prior close of EUR 6.24. JPMorgan cut its Schaeffler price target from EUR 10.00 to EUR 8.50 on September 28, 2026, while retaining its Neutral rating, according to Finanznachrichten. The revised target lies 36.88 percent above the Lang & Schwarz price.

JPMorgan sees a tougher auto market

JPMorgan analyst Jose Asumendi reduced his estimates after a finance-chief conference call, citing the difficult automotive market, the September 28 report said. The unchanged Neutral rating contrasts with Jefferies, which kept a Buy rating while cutting its target from EUR 9.45 to EUR 8.70 on September 23, 2026, according to Finanznachrichten.

First-half EBIT improves to EUR 549 million

Schaeffler generated EUR 11,667 million in revenue in the first half of 2026, compared with EUR 11,845 million in the prior-year period. Revenue therefore stayed near the prior-year level, while revenue at constant currency increased 0.40 percent, according to AFM.

EBIT before special items rose to EUR 549 million from EUR 482 million in the first six months of 2026. That lifted the corresponding margin to 4.70 percent from 4.10 percent, giving the earnings trend a stronger profile than the flat reported revenue line.

November results set the next test

Schaeffler's investor-relations calendar lists the nine-month results for November 3, 2026, while its next pre-close conference call is scheduled for October 14, 2026, according to Schaeffler. The dates place the upcoming reporting cycle between the current analyst debate and the companys confirmed full-year 2026 outlook.

Stock stays below the analyst targets

At EUR 6.21, the Lang & Schwarz quote is 26.94 percent below the JPMorgan target of EUR 8.50, using the same euro currency. The market capitalization was EUR 5.8 billion as of October 2, 2026, while the 52-week range was EUR 5.83 to EUR 11.98.

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