Rheinmetall stock at EUR 961.10, 51.1 percent below its yearly high

Published on 10/12/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rheinmetall stock was EUR 961.10 on October 12, 2026, 2.34 percent above EUR 939.10. Market value is EUR 44.7 billion and P/E is 62.22.

Key points in brief

Rheinmetall stock was EUR 961.10 at Lang & Schwarz on October 12, 2026, 2.34 percent above the Xetra close of EUR 939.10.
The stock traded within a 52-week range of EUR 900.20 to EUR 1,966.00, with a 51.07 percent gap to the high.
Market capitalization was EUR 44.7 billion and the P/E ratio was 62.22 as of October 12, 2026.
Rheinmetall is scheduled to report third-quarter 2026 results on November 5, 2026.

Industriearbeiter am Stahl-Schmelzofen, dokumentarische Schwarzweiß-Reportage, körnige Textur — Rheinmetall AG (DE0007030009) Industriearbeiter am Schmelzofen, eine dokumentarische Schwarzweiß-Reportage aus dem deutschen Stahlwerk, Illustration mit AI erstellt.

Rheinmetall stock was trading at EUR 961.10 at Lang & Schwarz on October 12, 2026, at 1:50 p.m. CEST, up 2.34 percent versus the Xetra close of October 9, 2026, at EUR 939.10. The move places the shares 51.07 percent below the 52-week high of EUR 1,966.00.

Intraday quote and liquidity

The Lang & Schwarz bid was EUR 960.80 and the ask was EUR 961.40 at the same timestamp. Trading volume for the Xetra listing stood at 188,590 shares at 1:40 p.m. CEST, against an average volume of 63,563 shares.

Range leaves wide valuation gap

Rheinmetall's 52-week range was EUR 900.20 to EUR 1,966.00 on October 12, 2026. The current price was 6.77 percent above the range low and 51.07 percent below the high, putting the stock closer to the bottom than the top of its yearly band.

Market capitalization was EUR 44.7 billion and the P/E ratio was 62.22 as of October 12, 2026. The dividend yield was 0.01 percent, so the market profile is defined more by earnings expectations and price movement than by current income.

Comparison with peers

Rheinmetall: plus 2.34 percent, P/E 62.22, market capitalization EUR 44.7 billion

Hensoldt (Xetra, EUR): plus 4.43 percent, P/E 76.72, market capitalization EUR 9.2 billion

Leonardo (Borsa Italiana, EUR): plus 1.06 percent, P/E 24.24, market capitalization EUR 27.3 billion

FinanzNachrichten reported on October 9, 2026, that Berenberg downgraded Rheinmetall from Buy to Hold and cut its target from EUR 1,600.00 to EUR 1,020.00. The new target lies 6.13 percent above the Lang & Schwarz price, while the note cited uncertainty around medium-term growth and the need for more orders beyond 2030.

Next scheduled results

Rheinmetall is scheduled to publish third-quarter 2026 results on November 5, 2026, according to its Investor Relations calendar. The company also lists a Capital Markets Day from November 25 to November 27, 2026.

Price remains below yearly high

At EUR 961.10, Rheinmetall stock was 2.34 percent above the Xetra close of October 9, 2026, at EUR 939.10, while the 51.07 percent distance from the 52-week high remains the clearest range marker. The further course of trading is shown by the continuously updated real-time quote of Rheinmetall stock.