Rheinmetall delivers AERIE system: Rheinmetall stock sits 40.27 percent below target

Published on 10/07/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

2026 sales guidance is EUR 13.70 billion to EUR 14.20 billion. Rheinmetall stock costs EUR 955.75 versus EUR 953.05, plus 0.28 percent.

Düsseldorfer Skyline mit Rheinbogen, weiches Aquarell in Pastelltönen, Stadtimpression — Rheinmetall AG (DE0007030009) Düsseldorfer Skyline mit Rheinbogen als weiches Aquarell in Pastelltönen, Illustration mit AI erstellt.

Rheinmetall (ISIN DE0007030009) delivered the containerised AERIE Counter-Uncrewed Aircraft System with Praetorian Aeronautics on October 7, 2026, according to Rheinmetall. Rheinmetall stock was EUR 955.75 at Lang & Schwarz at 9:30 a.m. CEST, while the Berenberg target of EUR 1,600.00 dated September 25, 2026 leaves the price 40.27 percent below that target.

AERIE expands counter-drone capability

The AERIE delivery adds a containerised counter-uncrewed aircraft system to Rheinmetall's air-defense portfolio. The official release describes Australian sovereign technology supported by international engineering and production capabilities, making the announcement an operational milestone rather than a financial forecast.

Rheinmetall's investor-relations calendar also lists the publication of third-quarter 2026 results for November 5, 2026. That date is important because the next report will show whether the group's strong order momentum is converting into cash and profit.

Sales guidance meets execution risk

For 2026, Rheinmetall guides for sales of EUR 13.70 billion to EUR 14.20 billion and an operating margin of 19.00 percent, figures reported by Investing.com on October 5, 2026. The range reflects a lower revenue outlook than the earlier EUR 14.00 billion to EUR 14.50 billion forecast after the F126 program cancellation.

The latest reported operating picture remains stronger than the revised sales range suggests. In the second quarter of 2026, revenue reached EUR 3.29 billion and operating profit EUR 562.00 million, according to Lightyear; the same source reports a backlog above EUR 80.00 billion. The comparison matters: growth is visible in the income statement, while the negative cash conversion described in recent coverage remains a test for delivery timing.

Stock remains below the analyst target

finanzen.ch reported that Berenberg assigned a EUR 1,600.00 target on September 25, 2026, while Bernstein set EUR 1,900.00 on September 21, 2026. Those targets are not forecasts from Rheinmetall, but they show how sharply analyst expectations differ from the current euro quote.

The market capitalization was EUR 44.5 billion on October 7, 2026, and the Xetra 52-week range was EUR 900.20 to EUR 1,966.00. The current quote therefore sits materially closer to the yearly low than the yearly high, leaving execution of the sales range and cash conversion as the measurable issues for the next results date.

Rheinmetall quote and next date

At Lang & Schwarz, Rheinmetall stock was trading at EUR 955.75 on October 7, 2026 at 9:30 a.m. CEST, plus 0.28 percent versus the prior close of EUR 953.05 on October 6, 2026. The next scheduled report is the third-quarter 2026 publication on November 5, 2026, listed by Rheinmetall. The further course of trading is shown by the continuously updated real-time quote of Rheinmetall stock.