ThyssenKrupp stock gains 2.08 percent as steel targets rise

Published on 10/04/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock gained 2.08 percent on October 2, 2026, after Steel Europe set a EUR 1.2 billion EBITDA target. Eight analysts set an average target of EUR 16.38.

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ThyssenKrupp stock (ISIN DE0007500001) was trading at EUR 14.01 on Xetra on October 2, 2026 at 5:37 p.m. CEST, up 2.08 percent from the prior close. The central company event was Steel Europe's Capital Market Day on September 28, 2026, where thyssenkrupp presented a medium-term adjusted EBITDA target of at least EUR 1.2 billion.

Steel targets reset the earnings debate

The target compares with adjusted EBITDA of EUR 384 million in fiscal year 2024/2025 for the steel division, according to Reuters on September 28, 2026. That is a quantified step up of EUR 816 million from the reported historical figure, although management did not set a firm date for reaching the medium-term ambition.

The company also targets an adjusted EBITDA margin of at least 11 percent and positive free cash flow. More than EUR 800 million of the planned earnings improvement is assigned to self-help measures, with more than half already contractually agreed, per the September 28, 2026 company release.

Quarterly figures support the strategy

ThyssenKrupp's third-quarter fiscal 2025/2026 sales rose 8 percent year over year to EUR 8.8 billion, while adjusted EBIT increased from EUR 155 million to EUR 183 million, according to Yahoo Finance in its August 13, 2026 earnings-call transcript. The company raised its full-year adjusted EBIT guidance to EUR 600 million-EUR 900 million from EUR 500 million-EUR 900 million.

The contrast is important for investors: the current-year group guidance is a near-term operating frame, while the EUR 1.2 billion steel target is a restructuring and separation thesis. Reuters reported that the steel unit is being prepared for a potential future transaction, while capacity reductions and workforce measures remain central to the plan.

Analyst target remains above Xetra price

Deutsche Bank Research kept its Buy rating and an EUR 18 price target after the Steel Europe event, according to Business Insider on September 29, 2026. A published consensus covering 8 analysts is Buy with an average target of EUR 16.38, a high of EUR 22.00 and a low of EUR 9.50, according to MarketScreener. The average target lies 16.9 percent above the EUR 14.01 Xetra price.

ThyssenKrupp stock stays below yearly high

The EUR 14.01 reference price was 11.7 percent below the 52-week high of EUR 15.87 and above the 52-week low of EUR 7.12 on October 2, 2026. Market capitalization stood at EUR 8.7 billion and trading volume reached 1,619,384 shares on the same Xetra snapshot.