ThyssenKrupp stock falls 1.57 percent as steel targets rise

Published on 09/30/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock was trading at EUR 14.43 at Lang & Schwarz on September 30, 2026. The steel division targets adjusted EBITDA of at least EUR 1.2 billion.

Fotorealistisches Stahlwerk mit Hochofen und Dampf bei Sonnenuntergang — thyssenkrupp AG (DE0007500001): fotorealistisches Stahlwerk bei Sonnenuntergang mit glühendem Hochofen, aufsteigendem Dampf und nasser Betriebsfläche, Illustration mit AI erstellt.

ThyssenKrupp (ISIN DE0007500001) was trading at EUR 14.43 at Lang & Schwarz on September 30, 2026, down 1.57 percent from the prior close of EUR 14.66. The company has set a medium-term steel target of at least EUR 1.2 billion in adjusted EBITDA, giving the share a new profitability benchmark after the September 28 capital markets day.

Steel targets reach EUR 1.2 billion

According to thyssenkrupp on September 28, 2026, Steel is targeting adjusted EBITDA of at least EUR 1.2 billion, an adjusted EBITDA margin of at least 11 percent and positive free cash flow. The division also expects self-help measures to contribute more than EUR 800 million to EBITDA.

The comparison is demanding: Reuters reported on September 28, 2026, that the EUR 1.2 billion medium-term target stands against EUR 0.4 billion expected for fiscal 2026. The margin ambition of more than 11 percent also compares with more than 4 percent in the current fiscal year.

JPMorgan keeps EUR 15 target

FinanzNachrichten reported on September 28, 2026, that JPMorgan maintained a Neutral rating and a EUR 15.00 price target after the steel event. The bank described the targets as ambitious but potentially conservative, while the current price remains EUR 0.57 below that target.

The restructuring adds an execution test to the strategy. Thyssenkrupp Steel said 4,000 of 11,000 planned workforce reductions had been implemented by September 28, 2026, while more than half of the self-help measures had been contractually agreed.

Stock sits 9.07 percent below high

The Lang & Schwarz price of EUR 14.43 is 9.07 percent below the 52-week high of EUR 15.87 and 102.67 percent above the 52-week low of EUR 7.12, both as of September 30, 2026. The market capitalization was EUR 9.0 billion on that date, leaving the steel strategy as the main operating test behind the valuation.

Daily move reflects the next test

ThyssenKrupp was trading at EUR 14.43 at Lang & Schwarz on September 30, 2026 at 4:37 p.m. CEST, down 1.57 percent versus the prior close of EUR 14.66 on September 29, 2026. The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.