Knorr-Bremse stock highlights a 14.2 percent Q2 margin

Published on 10/05/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Knorr-Bremse stock traded at EUR 98.95 on October 5, 2026, while Q2 operating EBIT reached EUR 305 million. First-half revenue rose 3.1 percent.

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 stock (ISIN DE000KBX1006) was trading at EUR 98.95 on Xetra on October 5, 2026 at 4:23 p.m. CEST, with a daily change of -0.25 percent. The latest Q2 2026 figures put operating EBIT at EUR 305 million and the operating margin at 14.2 percent, according to the Knorr-Bremse investor-relations page.

Q2 margin reaches 14.2 percent

The margin figure matters because it moved above the company's 14 percent BOOST target for the end of 2026. The investor-relations page also lists Q2 revenue of EUR 2.143 billion and free cash flow of EUR 294 million.

For the first half of 2026, LOK Report reported revenue of EUR 4.080 billion, up 3.1 percent from EUR 3.957 billion in H1 2025. Operating EBIT increased 13.7 percent to EUR 566 million from EUR 498 million, while the operating margin rose to 13.9 percent from 12.6 percent.

Analysts see room above EUR 119

MarketScreener lists a Buy consensus from 15 analysts, an average price target of EUR 119.73, a high target of EUR 133.00 and a low target of EUR 95.00. The average target lies 21.0 percent above the Xetra price of EUR 98.95 on October 5, 2026.

The range also shows why the next results matter. Investing.com reported that Bank of America raised its target to EUR 133.00 on September 18, while JPMorgan maintained a Neutral rating with a EUR 108.00 target and pointed to softer US truck demand.

October 29 is the next checkpoint

Knorr-Bremse plans to publish its Q3 2026 financial results on October 29, 2026, according to its investor-relations calendar. That release will test whether the 14.2 percent Q2 margin and the raised full-year outlook can carry into the second half.

Stock remains inside its yearly range

Knorr-Bremse stock was trading at EUR 98.95 on Xetra on October 5, 2026, against a 52-week range of EUR 77.40 to EUR 115.60. Its market capitalization was EUR 16.0 billion, giving the margin and cash-flow figures substantial valuation relevance.