Salzgitter, DE0006202005

Salzgitter stock gains 3.29 percent on Xetra

Published on 09/25/2026 at 12:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies retained Buy and a EUR 66 price target on September 23, 2026. Q2 revenue fell 3.96 percent to EUR 2.24 billion, while EPS improved to a EUR 0.75 loss.

Stahlwerk mit glühendem Hochofen bei Dämmerung, Salzgitter AG Symbolbild — Fotorealistisches Stahlwerk bei Dämmerung symbolisiert Salzgitter AG, ISIN DE0006202005, Stahlbranche Deutschland Investition, Illustration mit AI erstellt.

Salzgitter stock (ISIN DE0006202005) was trading at EUR 53.40 on Xetra on September 25, 2026, up 3.29 percent from the previous close. The move places the share 21.0 percent below its 52-week high of EUR 67.60, while Jefferies' EUR 66 target provides the immediate analytical reference.

Jefferies keeps EUR 66 target

As Finanznachrichten reported on September 23, 2026, Jefferies kept its Buy rating and EUR 66 price target for Salzgitter. Analyst Cole Hathorn linked the view to customer destocking being largely complete and expected European steel prices to rise again after consolidation in September and October.

The target is EUR 12.60 above the September 25 intraday price, a 23.6 percent difference calculated against EUR 53.40. That comparison leaves the market focused on the timing of a steel-price recovery rather than on the target alone.

Q2 revenue falls to EUR 2.24 billion

According to Finanzen, Salzgitter reported Q2 2026 revenue of EUR 2.24 billion on August 11, 2026, down 3.96 percent from EUR 2.34 billion in Q2 2025. The same report showed adjusted? No, it reported an EPS loss of EUR 0.75, compared with a EUR 1.02 loss one year earlier.

The figures show a mixed operating picture: sales contracted, but the per-share loss narrowed by EUR 0.27. Salzgitter's investor-relations page lists the first nine months of 2026 report for November 12, 2026, giving the next scheduled checkpoint for the recovery case.

Finance leadership changes in 2027

Reuters reported on September 11, 2026, that CFO Birgit Potrafki will leave when her contract expires on January 31, 2027, with Christoph Martin named as successor. The transition adds a management milestone to a share price already 122.6 percent above its 52-week low of EUR 23.98.

Stock trades above EUR 53

Salzgitter stock was trading at EUR 53.40 on Xetra on September 25, 2026, at 12:31 p.m. CEST, with a daily range of EUR 52.20 to EUR 53.90 and volume of 35,913 shares.