JPMorgan lifts target to EUR 17.00: ThyssenKrupp stock falls 1.15 percent

Published on 10/20/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan kept Neutral after lifting its target on October 14 to EUR 17.00. ThyssenKrupp stock costs EUR 13.80, 1.15 percent below Xetra close.

Analyst view and operating results

JPMorgan issued its revised assessment on October 14, 2026, with a EUR 17.00 target and a Neutral rating.
Third-quarter revenue reached EUR 8,786.00 million in fiscal year 2025/26, while adjusted EBIT was EUR 183.00 million.
ThyssenKrupp stock trades at EUR 13.80 at 10:30 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.15 percent below the Xetra close of October 19, 2026.

Aquarellbild der Ruhrgebiet-Skyline mit Industrie und Fluss — thyssenkrupp AG (DE0007500001): Aquarellmalerei der Essener Skyline mit Fördertürmen entlang eines ruhigen Flusses, Illustration mit AI erstellt.

ThyssenKrupp stock was trading at EUR 13.80 at Lang & Schwarz at 10:30 a.m. CEST on October 20, 2026, 1.15 percent below the Xetra close of October 19, 2026 at EUR 13.96. The latest analyst move came from JPMorgan, which raised its target from EUR 15.00 to EUR 17.00 and kept its Neutral rating in a study released on October 14, 2026, as reported by MarketScreener.

Three milestones reshape the group

On August 7, 2026, an extraordinary shareholder meeting approved the planned tk accelis spin-off at a 1-to-20 ratio. On August 13, 2026, the third quarter of fiscal year 2025/26 delivered revenue of EUR 8,786.00 million versus EUR 8,151.00 million a year earlier and adjusted EBIT of EUR 183.00 million versus EUR 155.00 million, according to FNE.

On October 14, 2026, the JPMorgan target revision became the latest dated analyst event in this article. The EUR 17.00 target is 23.19 percent above the Lang & Schwarz price of EUR 13.80, but the Neutral rating shows that the higher valuation does not remove earnings risks.

What does EUR 17.00 mean?

The target sits against a mixed operating picture. Adjusted EBIT improved by 18.06 percent year over year in the third quarter, while quarterly order intake fell 23.87 percent to EUR 7,723.00 million. Over the first nine months of fiscal year 2025/26, the period loss was EUR 311.00 million, and the forecast adjusted EBIT range for the full year was EUR 600.00 million to EUR 900.00 million, according to FNE.

Next dates are November and December

The next two dated company events are an Investor Relations roadshow in London on November 4, 2026, listed by thyssenkrupp, and the annual report release on December 8, 2026, listed in the company calendar by MarketScreener. These dates put the analyst target in front of the next full-year operating update.

Stock remains below its yearly high

ThyssenKrupp has a market capitalization of EUR 8.6 billion and a 52-week range of EUR 7.12 to EUR 15.87, based on the latest market snapshot. The current quote is therefore 13.05 percent below the 52-week high, leaving the operating results and the restructuring timetable as the main tests for the higher analyst target. The stock was trading at EUR 13.80 at Lang & Schwarz on October 20, 2026 at 10:30 a.m. CEST, 1.15 percent below the Xetra close of October 19, 2026 at EUR 13.96. The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.