ThyssenKrupp stock: JPMorgan lifts target to EUR 17.00

Published on 10/23/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales rose 8.00 percent. ThyssenKrupp stock costs EUR 13.55 on October 23, 2026, down 0.81 percent versus the Xetra close.

Analyst target and reporting date

JPMorgan lifted its ThyssenKrupp target from EUR 15.00 to EUR 17.00 on October 15, 2026.
Third-quarter sales reached EUR 8.79 billion, up 8.00 percent year over year.
ThyssenKrupp stock costs EUR 13.55 at Lang & Schwarz on October 23, 2026 at 3:39 p.m. CEST, minus 0.81 percent versus the Xetra close of October 22, 2026.
The planned tk accelis listing is scheduled for October 28, 2026.

Isometrisches 3D-Prozessdiagramm der Stahl-Wertschöpfungskette bis zum Aufzug — thyssenkrupp AG (DE0007500001): isometrisches 3D-Diagramm der industriellen Wertschöpfungskette von Roherz bis zum fertigen Aufzug, Illustration mit AI erstellt.

ThyssenKrupp (ISIN DE0007500001) faces a higher analyst target after BÖRSE ONLINE reported on October 15, 2026 that JPMorgan lifted its target from EUR 15.00 to EUR 17.00 while retaining a Neutral rating. ThyssenKrupp stock was trading at EUR 13.55 at Lang & Schwarz on October 23, 2026 at 3:39 p.m. CEST, down 0.81 percent versus the Xetra close of October 22, 2026 at EUR 13.66.

What does the target imply?

The JPMorgan target stands 25.46 percent above the Lang & Schwarz price. The calculation uses EUR 17.00 and EUR 13.55, so the higher target leaves room for a wide difference between analyst valuation and the current German quote.

Third-quarter figures improve

The latest reported quarter provides the operating counterweight. In the third quarter of fiscal year 2025/2026, sales reached EUR 8.79 billion, up 8.00 percent from EUR 8.15 billion a year earlier, while adjusted EBIT rose to EUR 183.00 million from EUR 155.00 million. Yahoo Finance published the management transcript dated August 13, 2026.

For the first nine months of fiscal year 2025/2026, sales were EUR 24.40 billion, down 1.00 percent year over year, while adjusted EBIT reached EUR 591.00 million. Management also narrowed full-year adjusted EBIT guidance to EUR 600.00 million-EUR 900.00 million from EUR 500.00 million-EUR 900.00 million.

Price position and valuation

The Xetra-linked quote places the stock between a 52-week low of EUR 7.12 and a high of EUR 15.87. At EUR 13.55, the price is 14.62 percent below the high. The market capitalization is EUR 8.5 billion, the price-to-earnings ratio is 29.41, and the trailing dividend yield is 0.01 percent as of October 23, 2026.

Listing date comes next

The next scheduled corporate date is October 28, 2026, when tk accelis is planned to begin trading on the Frankfurt Stock Exchange Prime Standard. MarketScreener reported on October 21, 2026 that shareholders are scheduled to receive one tk accelis share for every 20 ThyssenKrupp shares, while ThyssenKrupp is expected to retain 51 percent.

Comparison with peers

ThyssenKrupp: down 0.81 percent, P/E 29.41, market capitalization EUR 8.5 billion.

Salzgitter (Xetra, EUR): down 2.23 percent, P/E 40.84, market capitalization EUR 2.4 billion.

ArcelorMittal (Euronext Amsterdam, EUR): down 2.34 percent, P/E 25.22, market capitalization EUR 39.7 billion.

Stock stays below its yearly high

The price is EUR 2.32 below the 52-week high and EUR 6.43 above the 52-week low. The next reporting milestone is the annual report scheduled for December 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.