ODDO BHF cuts target for Hensoldt stock to EUR 83.50

Published on 10/16/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 23.60 percent to EUR 1.167 billion. Hensoldt stock costs EUR 87.95 on October 16, 2026, 6.06 percent above Xetra close.

Analyst targets split before results

ODDO BHF cut its Hensoldt target to EUR 83.50 on October 8, 2026.
First-half revenue rose 23.60 percent to EUR 1.167 billion in 2026.
Hensoldt stock trades at EUR 87.95 at 10:40 a.m. CEST at Lang & Schwarz on October 16, 2026, 6.06 percent above the Xetra close of October 15, 2026 (EUR 82.92).

Isometrische 3D-Grafik der Hensoldt AG Lieferkette von Produktion bis Auslieferung — Hensoldt AG Wertschöpfungskette von der Produktion bis zur Lieferung isometrisch dargestellt, ISIN DE000HAG0005, Illustration mit AI erstellt.

Hensoldt stock (ISIN DE000HAG0005) is trading at EUR 87.95 at Lang & Schwarz on October 16, 2026 at 10:40 a.m. CEST, 6.06 percent above the Xetra close of October 15, 2026 at EUR 82.92. The latest analyst split leaves valuation and execution as the key issues before the next quarterly report.

Analyst targets point apart

According to Finanztrends, Jefferies raised its rating to Buy on October 5, 2026 and kept a EUR 98.00 target. ODDO BHF took the cautious side on October 8, 2026, cutting its target by EUR 1.50 from EUR 85.00 to EUR 83.50 while retaining Neutral.

Three milestones and targets

The recent sequence shows how quickly the investment case has moved from operating progress to valuation debate. On July 31, 2026, Hensoldt reported first-half revenue of EUR 1.167 billion, up 23.60 percent year over year, while order intake doubled to EUR 2.812 billion, according to Defense And Tech. Jefferies followed on October 5 with its EUR 98.00 target, and ODDO BHF cut its target to EUR 83.50 on October 8.

What does the target split mean?

The spread between EUR 83.50 and EUR 98.00 is EUR 14.50, so the market is weighing strong order momentum against delivery and valuation risk. Hensoldt's first-half backlog reached EUR 10.356 billion, while adjusted EBITDA was EUR 137 million, equal to an 11.80 percent margin, according to Defense And Tech. The next test is whether reported growth converts into profitable deliveries.

Next reporting date

Hensoldt lists its next financial-calendar event as the nine-month 2026 quarterly statement on November 5, 2026. That report should provide the next dated comparison for revenue, order intake and margins.

Trading level and valuation

The EUR 87.95 Lang & Schwarz price is EUR 5.03 above the EUR 82.92 Xetra close, producing the 6.06 percent daily comparison. The stock's 52-week range is EUR 63.18 to EUR 103.30, while market capitalization stands at EUR 10.1 billion as of October 16, 2026.

Hensoldt was trading at EUR 87.95 at Lang & Schwarz on October 16, 2026 at 10:40 a.m. CEST, 6.06 percent above the Xetra close of October 15, 2026 (EUR 82.92). The further course of trading is shown by the continuously updated real-time quote of Hensoldt stock.