Lufthansa stock fell 1.32 percent as fuel costs rise further? no
Published on 10/05/2026 at 18:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lufthansa stock (ISIN DE0008232125) fell 1.32 percent to EUR 7.50 on Xetra on October 5, 2026, at 5:35 p.m. CEST. The decline came as fuel costs again became the central earnings issue for the airline group.
Fuel costs exceed EUR 1.5 billion
According to Reuters on September 29, CEO Carsten Spohr said Lufthansa's additional 2026 fuel bill will exceed the EUR 1.5 billion estimate announced in August. The company expects total 2026 fuel costs of EUR 8.66 billion, compared with an earlier forecast of EUR 8.9 billion.
Reuters also reported that Lufthansa had hedged 86 percent of its 2026 fuel needs. Despite the cost pressure, Spohr reaffirmed an operating profit forecast of EUR 1.7 billion to EUR 2.2 billion, compared with EUR 2.0 billion in 2025.
Q2 profit fell as revenue grew
The latest reported quarter shows why fuel is such a powerful earnings variable. In Q2 2026, revenue rose 8 percent year over year to EUR 11.141 billion, while adjusted EBIT fell 56 percent to EUR 383 million from EUR 870 million, according to Aviation Intelligence.
The adjusted EBIT margin consequently dropped to 3.4 percent from 8.4 percent in Q2 2025. Net income was EUR 123 million in Q2 2026, compared with approximately EUR 1.0 billion a year earlier, making the revenue increase less meaningful for shareholders than the cost conversion.
Analysts see EUR 9.603 target
The analyst consensus published by Marketscreener is Hold from 18 analysts. The average target is EUR 9.603, with a high of EUR 21.00 and a low of EUR 6.500; the average target lies 28.04 percent above the October 5 price.
Bernstein Research kept Lufthansa at Market-Perform with a EUR 9.00 price target in a statement dated September 24, according to Finanznachrichten. The analyst view identifies fuel prices as the main pressure point, while Lufthansa's premium-cabin bookings provide a counterweight to weaker margins.
Next results arrive November 3
Lufthansa's next reporting date is November 3, 2026, when the group is scheduled to publish its nine-month results, according to Investing.com. That report will show whether stronger ticket demand can offset the higher fuel burden during the second half of the year.
Stock remains below yearly high
Lufthansa was last at EUR 7.50 on Xetra on October 5, 2026, with volume of 4,642,583 shares. Its 52-week range was EUR 6.72-EUR 10.29, while market capitalization stood at EUR 9.0 billion on the same date.
Key facts on Lufthansa stock
- Company: Deutsche Lufthansa AG
- ISIN: DE0008232125
- WKN: 823212
- Ticker: LHA
- Trading venue: Xetra
- Price (as of October 5, 2026, 5:35 p.m. CEST): EUR 7.50
- Market capitalization: EUR 9.0 billion (as of October 5, 2026)
- 52-week range: EUR 6.72-EUR 10.29 (as of October 5, 2026)
- Sector / Industry: Industrials / Passenger airlines
- Index membership: MDAX
Upcoming dates for Lufthansa stock
- November 3, 2026: Nine-month results for 2026
