Lufthansa wins preferred TAP bid. Lufthansa stock costs EUR 7.05 versus EUR 7.12

Published on 10/23/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer covers 44.9 percent for EUR 1.025 billion. Lufthansa stock trades at EUR 7.05 on October 23, 2026, 0.98 percent below the Xetra close.

TAP selection shapes the next steps

On October 14, 2026, Lufthansa was selected for a 44.9 percent TAP stake priced at EUR 1.025 billion.
Second-quarter 2026 revenue reached EUR 11.14 billion against a EUR 11.18 billion estimate.
Lufthansa stock trades at EUR 7.05 at 10:12 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.98 percent below the Xetra close of October 22, 2026.
Third-quarter 2026 results are scheduled for November 3, 2026.

Pop-Art-Comic-Flugzeug mit TAKEOFF-Schriftzug und Speedlines — Pop-Art-Comic-Illustration für Deutsche Lufthansa AG (ISIN DE0008232125): Fett stilisiertes Comicbuch-Passagierflugzeug mit dramatischen Speedlines, Ben-Day-Dots, knalligen Primärfarben und Comic-Aufschriften TAKEOFF und WHOOSH im Retro-1960er-Stil, Illustration mit AI erstellt.

Lufthansa (ISIN DE0008232125) was selected on October 14, 2026, for a 44.9 percent stake in TAP Air Portugal at an offered price of EUR 1.025 billion, according to Lufthansa Group. At 10:12 a.m. CEST on October 23, the stock stood at EUR 7.05 at Lang & Schwarz, 0.98 percent below the Xetra close of October 22, 2026.

Three milestones shape the story

On April 30, 2026, Lufthansa reported first-quarter revenue of EUR 9.33 billion and a net loss of EUR 665.00 million, figures listed by TradingView. On July 31, 2026, second-quarter revenue reached EUR 11.14 billion against a EUR 11.18 billion estimate, while net income was EUR 123.00 million. The October 14 TAP selection added a proposed EUR 1.025 billion transaction to the timeline.

What does TAP add to Lufthansa?

The planned stake gives Lufthansa a strategic route network angle, but the transaction is not yet completed. The official release says the group operates 353 weekly flights to six destinations in Portugal, capacity that was 75.00 percent above 2019 levels, and offered EUR 1.025 billion for 44.9 percent. Completion remains subject to regulatory approval, according to Lufthansa Group.

Dates investors can measure

The next substantiated date is November 3, 2026, when Lufthansa is scheduled to publish third-quarter results, as stated by DER AKTIONÄR. That report will provide the next quantified test of the operating trend behind the TAP strategy.

Analyst target stays above the quote

UBS kept a Buy rating and a EUR 10.00 target on October 19, 2026, according to DER AKTIONÄR. The target is EUR 2.95 above the Lang & Schwarz price, but the proposed TAP purchase still carries execution and approval conditions. The market is therefore left with a clear split between strategic potential and the next operating figures.

Stock trades below the Xetra close

Lufthansa stock was trading at EUR 7.05 at Lang & Schwarz on October 23, 2026 at 10:12 a.m. CEST, 0.98 percent below the Xetra close of October 22, 2026 at EUR 7.12. The further course of trading is shown by the continuously updated real-time quote of Lufthansa stock.