ThyssenKrupp stock targets October 28 listing for tk accelis

Published on 10/05/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock faces an October 28 plan for a 49 percent tk accelis spin-off. June-quarter revenue reached EUR 8.79 billion versus EUR 8.15 billion.

Trading-Floor mit Tradern vor großen Aktienchart-Bildschirmen — thyssenkrupp AG (DE0007500001): Börsen-Editorialfoto von Tradern vor großen Industrie-Aktiencharts auf beleuchteten Bildschirmen im Handelssaal, Illustration mit AI erstellt.

ThyssenKrupp stock (ISIN DE0007500001) was last at EUR 13.78 on Xetra on October 5, 2026 at 5:08 p.m. CEST, down 1.61 percent from the previous close. The immediate catalyst is a planned October 28 listing of the materials trading unit tk accelis, a move that would transfer 49 percent of the business to the market.

tk accelis sets the next milestone

According to Reuters on October 5, 2026, ThyssenKrupp is targeting October 28 for the separate listing of tk accelis on the German stock exchange. The group would retain a 51 percent holding, preserving control while making a standalone valuation possible.

Reuters reported that Jefferies analysts put the potential enterprise value of tk accelis at EUR 3.6 billion. The unit targets an adjusted EBITDA margin of 4 percent to 5 percent, compared with 2 percent in fiscal year 2024/2025, giving the planned listing a measurable operating benchmark.

Revenue rises in the June quarter

Markets Insider reported that ThyssenKrupp generated quarterly revenue of EUR 8.79 billion in the quarter ending June 30, 2026, versus EUR 8.15 billion a year earlier. The same report put quarterly net profit at EUR 0, compared with a GAAP net loss of EUR 278 million in the prior-year quarter, making the earnings comparison more important than the revenue increase alone.

The latest company investor-relations materials identify the nine-month report for fiscal year 2025/2026 as published on August 13, 2026, while the September 28 Steel Europe capital markets event added a strategic backdrop to the restructuring. The listing plan now gives investors a concrete date against which the holding-company strategy can be measured.

Consensus target remains above price

According to Markets Insider on September 23, 2026, Jefferies maintained a Buy rating with a EUR 13.00 price target, while the published analyst consensus was Moderate Buy with an average target of EUR 16.10. That consensus target lies 16.84 percent above the EUR 13.78 Xetra price, although the individual Jefferies target stood 5.66 percent below it.

Stock stays below yearly high

ThyssenKrupp stock had a market capitalization of EUR 8.6 billion and a trading volume of 656,918 shares on October 5, 2026. Its 52-week range was EUR 7.12 to EUR 15.87, leaving the last price 13.18 percent below the high and 93.54 percent above the low.