MTU Aero Engines stock falls 2.52 percent ahead of Q3 results
Published on 10/07/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MTU Aero Engines stock was trading at EUR 356.50 on Xetra on October 7, 2026 at 2:11 p.m. CEST, down 2.52 percent from EUR 365.70. The next earnings date is October 29, 2026, giving the market a defined checkpoint after the latest analyst revisions.
Targets move before results
According to Boerse.de on October 6, 2026, Deutsche Bank Research raised its MTU price target from EUR 435 to EUR 457 and kept its Buy rating. Analyst Christophe Menard expects revenue growth of 10 percent in the third quarter and sees scope for a higher maintenance, repair and overhaul outlook.
That target is EUR 100.50 above the Xetra price, or 28.19 percent higher. The comparison matters because the target revision arrives before both the third-quarter figures and the company's capital markets day.
Cash conversion is the key figure
First-half revenue increased 13 percent to EUR 4.69 billion, while adjusted EBIT rose 5 percent to EUR 692 million, according to Pluang in its October 6, 2026 report. Commercial maintenance, repair and overhaul revenue grew 24 percent, offsetting a 4 percent decline in original equipment manufacturing.
Free cash flow reached EUR 294 million in H1 2026, up 39 percent, and management lifted full-year cash conversion guidance from 45-55 percent to 50-60 percent. Revenue and EBIT targets stayed unchanged, leaving cash generation as the clearest operational test for the October results.
Consensus leaves room above price
Investing.com lists a Buy consensus from 20 analysts, with an average 12-month price target of EUR 413.35, a high estimate of EUR 530 and a low estimate of EUR 320. The average target lies 15.97 percent above the October 7 price.
The range shows why the upcoming report matters: the upper target implies a larger revaluation, while the low target sits below the current quote. MTU's GTF maintenance burden and the timing of cash conversion remain the main operating variables for that spread.
MTU stock trades below yearly high
At EUR 356.50, MTU stock was 11.93 percent below its 52-week high of EUR 404.80 and 34.42 percent above its 52-week low of EUR 265.20 on October 7, 2026. Market capitalization stood at EUR 19.2 billion and trading volume was 29,336 shares.
Key facts on MTU Aero Engines stock
- Company: MTU Aero Engines AG
- ISIN: DE000A0D9PT0
- Ticker: MTX.DE
- Trading venue: Xetra
- Price (as of October 7, 2026, 2:11 p.m. CEST): EUR 356.50
- Market capitalization: EUR 19.2 billion (as of October 7, 2026)
- 52-week range: EUR 265.20-404.80 (as of October 7, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Upcoming dates for MTU Aero Engines stock
- October 29, 2026: Q3 2026 results
