RENK Group stock trades at EUR 38.19, down 0.24 percent from EUR 38.28

Published on 09/30/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RENK Group stock trades at EUR 38.19 on September 30, 2026, down 0.24 percent from EUR 38.28. JPMorgan cut its target to EUR 62.00.

Generischer Kettenpanzer fährt über staubigen Truppenübungsplatz, große Staubwolke — RENK Group AG DE000RENK730 – Kettenpanzer in Bewegung auf Truppenübungsplatz mit aufgewirbelter Staubwolke, Illustration mit AI erstellt.

RENK Group (ISIN DE000RENK730) traded at EUR 38.19 at Lang & Schwarz on September 30, 2026 at 1:32 p.m. CEST, down 0.24 percent from the prior close of EUR 38.28. The immediate catalyst is a JPMorgan target cut before the company's next quarterly report.

JPMorgan lowers its target

According to Stock-World on September 28, 2026, JPMorgan reduced its RENK Group price target from EUR 75.00 to EUR 62.00 while keeping an Overweight rating. Analyst David Perry expects a weaker operating result in the third quarter, although Vehicle Mobility Solutions is expected to deliver stronger figures.

The new target remains EUR 23.81 above the Lang & Schwarz price, equivalent to 62.35 percent above EUR 38.19. That gap shows how sharply the market price and one major broker's valuation have diverged before the next results checkpoint.

Orders lead the operating picture

In the second quarter of 2026, RENK reported order intake of EUR 613.00 million, revenue of EUR 354.00 million and adjusted EBIT of EUR 56.00 million, according to Borse Express on September 15, 2026. The order figure exceeded quarterly revenue by EUR 259.00 million, highlighting the importance of delivery timing for the earnings profile.

The same report said free cash flow reached EUR 41.00 million in Q2 2026. Management kept its 2026 targets unchanged, including revenue above EUR 1.5 billion and adjusted EBIT between EUR 255.00 million and EUR 285.00 million.

Next report due November 5

RENK's next quarterly report is scheduled for November 5, 2026, according to Stock-World. Investors will therefore compare the EUR 366.00 million market revenue expectation and EUR 63.00 million operating-result expectation with the reported third-quarter figures.

RENK Group stock stays below target

At Lang & Schwarz, RENK Group traded at EUR 38.19 on September 30, 2026 at 1:32 p.m. CEST, down 0.24 percent from the prior close of EUR 38.28. The Xetra-listed stock has a 52-week range of EUR 37.40 to EUR 90.34, placing the reference price EUR 0.79 above the current low.