Talanx stock gained 1.45 percent on record first-half results

Published on 10/05/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Talanx stock was last at EUR 119.10 on October 5 after first-half net income reached EUR 1.5 billion, up 9 percent year over year. Berenberg kept its EUR 163 target.

Isometrische 3D-Grafik einer Versicherungs-Wertschöpfungskette mit Häusern, Autos und Figuren — Talanx AG (DE000TLX1005) dargestellt als isometrisches 3D-Diagramm der Wertschöpfungskette von Risikoprüfung bis Schadensauszahlung, Illustration mit AI erstellt.

Talanx stock (ISIN DE000TLX1005) gained 1.45 percent to EUR 119.10 on Xetra on October 5, 2026, after the insurer reported record first-half net income of EUR 1.5 billion. According to EuropeSays, the result was 9 percent above the prior-year period and supported higher full-year guidance.

Half-year profit raises guidance

Talanx raised its 2026 net income outlook to significantly more than EUR 2.7 billion, with return on equity expected to be slightly above 19 percent. The company had reported EUR 1.5 billion of net income for the six months ended June 30, 2026, compared with the prior-year result, according to EuropeSays.

The result also reflected reported large losses of EUR 942 million against a booked budget of EUR 1.4 billion. That EUR 458 million difference helped create earnings support, although the third quarter carries greater catastrophe exposure because of the hurricane season.

Analysts see room above EUR 119.10

Berenberg kept Talanx at Buy with a EUR 163 price target on October 1, 2026, according to FinanzNachrichten. The analyst cited Talanx as a possible candidate for the DAX regular review in March, while the current free-float position does not meet the stricter Fast Entry criteria.

The published consensus is Buy across seven analysts, with an average target of EUR 128.43, a high of EUR 163 and a low of EUR 94, according to Investing.com. The average target lies 7.8 percent above the EUR 119.10 Xetra price, while the wide EUR 69 target spread shows that analyst conviction is not uniform.

Talanx stock was last at EUR 119.10

Talanx stock was last at EUR 119.10 on Xetra at 5:35 p.m. CEST on October 5, 2026. The session range was EUR 117.40 to EUR 119.10, with 83,642 shares traded and a market capitalization of EUR 30.8 billion.