RENK Group stock falls 2.40 percent near its yearly low

Published on 10/06/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RENK Group stock traded at EUR 36.40 on October 6, 2026, while H1 revenue reached EUR 1,366 million. JPMorgan's target is EUR 62 after a cut from EUR 75.

Schwarzweiß-Reportagefoto: Mechaniker in Overalls arbeitet an großem Industriegetriebe — RENK Group AG DE000RENK730 – Dokumentarfoto eines Mechanikers beim Arbeiten an einem massiven Getriebe-Gehäuse, Illustration mit AI erstellt.

RENK Group (ISIN DE000RENK730) was trading at EUR 36.40 on Xetra on October 6, 2026, down 2.40 percent from the previous close and only EUR 0.23 above the session low of EUR 36.17. The current pressure comes as investors weigh weaker chart performance against a substantial defense backlog and upcoming operating updates.

H1 revenue reaches EUR 1,366 million

According to RENK Group in its H1 2026 results published on August 6, 2026, revenue reached EUR 1,366 million and order intake was EUR 1,571 million. Adjusted EBIT was EUR 230 million, corresponding to an adjusted EBIT margin of 16.9 percent.

The same H1 update listed a total order backlog of EUR 6.7 billion and free cash flow of EUR 66.9 million. Those figures give the stock a fundamental counterweight to its daily decline, although the market is now looking for evidence that production capacity can support the order book through the second half of 2026.

JPMorgan lowers target to EUR 62

As Stock-World reported on September 28, 2026, JPMorgan reduced its RENK price target from EUR 75 to EUR 62 and retained an Overweight rating. The target reduction amounts to EUR 13, while the rating signals that the bank still sees longer-term upside despite weaker near-term expectations.

A separate consensus published by Boerse Express lists three Buy, two Hold and zero Sell ratings from five houses, with a 12-month consensus target of EUR 62.00. Compared with EUR 36.40, that target is 70.3 percent above the Xetra price, using the same euro currency.

Next results date is November 5

Stock-World reported that RENK plans to publish its report for the first nine months of 2026 on November 5, 2026. A pre-close call is scheduled for October 21, 2026, giving investors an earlier checkpoint on production, margins and order execution.

The share price was trading 0.64 percent above the current 52-week low of EUR 36.17 on October 6, 2026. For investors, the key tension is clear: RENK combines EUR 6.7 billion of backlog with a share price near its yearly floor, while the next report must show whether operating delivery is matching that order visibility.

RENK Group stock remains near its yearly low

RENK Group stock was trading at EUR 36.40 on Xetra on October 6, 2026, at 1:30 p.m. CEST, with a market capitalization of EUR 3.6 billion and volume of 135,792 shares.