JPMorgan lifts target to EUR 17: ThyssenKrupp stock gains 1.65 percent

Published on 10/16/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 8.00 percent to EUR 8.80 billion for the quarter. ThyssenKrupp stock is at EUR 14.17 on October 16, 2026, 1.65 percent above Xetra close.

Analyst revision and steel targets

JPMorgan raised its ThyssenKrupp target from EUR 15.00 to EUR 17.00 on October 15, 2026.
ThyssenKrupp Steel targets adjusted EBITDA of at least EUR 1.2 billion and an adjusted margin of at least 11 percent.
ThyssenKrupp stock trades at EUR 14.17 at 10:03 a.m. CEST at Lang & Schwarz on October 16, 2026, 1.65 percent above the Xetra close of October 15, 2026.
The company is scheduled to publish fiscal 2025/26 results on December 8, 2026.

Trading-Floor mit Tradern vor großen Aktienchart-Bildschirmen — thyssenkrupp AG (DE0007500001): Börsen-Editorialfoto von Tradern vor großen Industrie-Aktiencharts auf beleuchteten Bildschirmen im Handelssaal, Illustration mit AI erstellt.

ThyssenKrupp stock (ISIN DE0007500001) was trading at EUR 14.17 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST, up 1.65 percent versus the Xetra close of October 15, 2026 at EUR 13.94. Finanznachrichten reported on October 15, 2026 that JPMorgan raised its price target from EUR 15.00 to EUR 17.00 while keeping a Neutral rating.

JPMorgan raises the valuation bar

The target increase gives ThyssenKrupp a fresh valuation reference ahead of the next results. JPMorgan cited limited room for positive earnings surprises in upcoming European steel reports, even as it pointed to potential steel price increases and faster profit growth in the fourth quarter and 2027.

The latest operating figures provide the counterweight. In the third quarter of fiscal 2025/26, revenue rose 8.00 percent year over year to EUR 8.80 billion, while adjusted EBIT increased from EUR 155 million to EUR 183 million. The figures were reported in a Yahoo Finance earnings-call summary covering the August 13, 2026 report.

What does EUR 17.00 mean?

JPMorgan's new target sits EUR 2.83 above the Lang & Schwarz price, while Jefferies previously raised its target from EUR 13.00 to EUR 16.50 on October 7, 2026, according to Boerse Express. The two targets place the market debate above the current quote, but JPMorgan's Neutral rating and its caution on near-term earnings temper that signal.

Three milestones shape the restructuring

On September 28, 2026, thyssenkrupp Steel presented a medium-term ambition of at least EUR 1.20 billion in adjusted EBITDA, an adjusted EBITDA margin of at least 11 percent and positive free cash flow, according to the company's thyssenkrupp release. On October 7, Jefferies lifted its target to EUR 16.50. On October 15, JPMorgan lifted its target to EUR 17.00.

Two dates set the next test

Boerse Express reported that October 28, 2026 is the planned date for the tk accelis listing, while the same report names December 8, 2026 for publication of the fiscal 2025/26 annual results. The listing would test whether the restructuring can create a distinct valuation for the materials-services business.

Quote holds above the Xetra close

The stock's 52-week range is EUR 7.12 to EUR 15.87 as of October 16, 2026, leaving the current quote EUR 1.70 below the yearly high. The valuation story therefore combines stronger quarterly operating figures, a steel turnaround target and a timetable for the planned separation.

ThyssenKrupp stock was trading at EUR 14.17 at Lang & Schwarz on October 16, 2026 at 10:03 a.m. CEST, 1.65 percent above the Xetra close of October 15, 2026 at EUR 13.94. The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.