RENK Group stock trades at EUR 40.23 as orders rise 29.8 percent
Published on 09/25/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RENK Group stock was trading at EUR 40.23 on Xetra at 10:50 a.m. CEST on September 25, 2026, with a 0.01 percent gain. The quote stood 55.48 percent below its 52-week high of EUR 90.34, making the company's operating figures the key counterpoint to the chart picture.
Orders outpace revenue
RENK reported first-half 2026 order intake of EUR 1.195 billion, up 29.8 percent from the prior-year period. Revenue increased 2.7 percent to EUR 637.2 million, while adjusted EBIT rose 10.1 percent to EUR 98.2 million, according to Boerse Express in its September 2026 coverage.
The adjusted EBIT margin reached 15.4 percent in the first half, compared with 14.4 percent a year earlier. The gap between order growth and revenue growth points to a conversion cycle in which contract wins are arriving faster than deliveries are being recognized.
Backlog supports 2026 targets
RENK entered the second half with a EUR 7.4 billion order backlog and a first-half book-to-bill ratio of 1.9, according to Boerse Global. Management kept its 2026 targets at revenue above EUR 1.5 billion and adjusted EBIT between EUR 255 million and EUR 285 million.
The backlog is therefore more than a headline figure. It provides order visibility against the current revenue base, but delivery timing remains important because the first-half revenue increase was 2.7 percent while orders expanded 29.8 percent.
Analyst target stays above price
Goldman Sachs raised its recommendation on RENK to Buy on September 18, 2026, while keeping a EUR 65 price target, as MarketScreener reported. That target is EUR 24.77 above the September 25 market price, a 61.57 percent difference that leaves the analyst view materially separated from the quotation.
RENK Group had a market capitalization of EUR 4.0235 billion at the September 25, 2026, quote. For investors, the central measure is whether the EUR 1.195 billion first-half order intake can translate into the company's EUR 1.5 billion-plus revenue target during 2026.
RENK Group market snapshot
- Company: RENK Group AG
- Ticker: R3NK
- Trading venue: Xetra
- Price: EUR 40.23 at 10:50 a.m. CEST on September 25, 2026
- Market capitalization: EUR 4.0235 billion as of September 25, 2026
- 52-week range: EUR 39.26-EUR 90.34 as of September 25, 2026
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: MDAX
