Schaeffler stock gets a five year leadership extension

Published on 10/04/2026 at 23:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schaeffler stock is valued at EUR 6.23 after the October 2 close, with a EUR 5.9 billion market cap. First-half adjusted EBIT rose to EUR 549 million.

Flatlay mit Aktienzertifikat, ISIN-Karte, Kugellager und Messwerkzeugen auf Holztisch — Schaeffler AG (DE000SHA0100) als Aktienanlage gezeigt durch Flatlay mit Zertifikat, ISIN-Karte, Kugellager und Präzisionswerkzeug, Illustration mit AI erstellt.

Schaeffler stock closed at EUR 6.23 on Xetra on October 2, 2026, putting the company at a market capitalization of EUR 5.9 billion. The key company event came on October 1, when Markets Insider reported that Schaeffler extended Sascha Zaps' contract as CEO of Bearings and Industrial Solutions by five years. The decision gives the industrial division continuity while the automotive market remains difficult.

Industrial leadership gets continuity

The supervisory board approved the extension at its October 1, 2026 meeting. Zaps has served on Schaeffler's managing board since May 1, 2024, after becoming Regional CEO Europe in September 2021, according to Markets Insider. The company linked the move to the further development of bearing solutions and industrial products, making execution in the nonautomotive business an important part of the investment case.

The market's counterweight is demand. FinanzNachrichten reported on September 28, 2026 that JPMorgan cut its Schaeffler price target from EUR 10.00 to EUR 8.50 and kept a Neutral rating, citing the difficult automotive market.

Profitability improved in H1 2026

Schaeffler's first-half revenue was EUR 11.667 billion, compared with EUR 11.845 billion in the prior-year period. At the same time, adjusted EBIT increased to EUR 549 million from EUR 482 million, and the adjusted EBIT margin rose to 4.7 percent from 4.1 percent, according to Interempresas. The contrast matters: revenue declined by 1.5 percent, while adjusted EBIT rose by 13.9 percent, showing that profitability improved even as sales stayed under pressure.

Targets remain above the share price

The published analyst consensus was Outperform, based on 11 analysts, with an average price target of EUR 8.95, according to MarketScreener on September 23, 2026. The average target lies 43.66 percent above the October 2 price of EUR 6.23, although JPMorgan's lower EUR 8.50 target highlights the gap between constructive long-term views and current auto-sector caution.

Schaeffler lists a pre-close conference call for October 14, 2026 and the nine-month results for November 3, 2026. Those dates will put the improved margin trend and the automotive demand challenge back at the center of the stock story.

Stock stays near its yearly low

Schaeffler stock closed at EUR 6.23 on October 2, 2026, within its 52-week range of EUR 5.86 to EUR 11.98. The session volume was 825,949 shares, giving investors a market reference for the next results-driven valuation check.