Jungheinrich, DE0006219934

UBS started coverage of Jungheinrich stock with EUR 24 target

Published on 10/19/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 2.67 billion in the first half of 2026. Jungheinrich stock was EUR 21.92 on October 19, 2026, 0.63 percent below Xetra close.

Analyst view and operating figures

UBS began coverage with a EUR 24.00 target on October 12, 2026.
Revenue reached EUR 2.67 billion in the first half of 2026.
Jungheinrich stock traded at EUR 21.92 at 10:09 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.63 percent below the Xetra close of October 16, 2026.
The next quarterly statement is scheduled for November 10, 2026.

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Jungheinrich (ISIN DE0006219934) was given a Neutral rating and a EUR 24.00 price target by UBS in a study dated October 12, 2026, according to wallstreetONLINE. The analyst cited Jungheinrich's European market position and defensive end markets, while placing EBIT forecasts 4 to 6 percent below consensus.

UBS sees a EUR 24.00 target

The UBS view adds a more cautious reference point after two other target changes in October. On October 9, 2026, MPCM cut its target from EUR 46.00 to EUR 41.00 but retained its Buy rating, as wallstreetONLINE reported.

What does the margin picture show?

Jungheinrich's first-half figures explain the split between demand and profitability. Revenue reached EUR 2.67 billion in the first half of 2026, up 0.50 percent from the prior-year period, while EBIT fell from EUR 210.50 million to EUR 144.90 million and the operating margin declined from 7.90 percent to 5.40 percent, according to ms-aktuell.de. Order intake rose 7.70 percent to EUR 2.95 billion, so the central issue is conversion of orders into profit rather than order flow alone.

Three dated signals for the stock

On October 6, 2026, Jungheinrich handed over an automated logistics center for Deutsche Aircraft with more than 6,500 container spaces, according to Börse Express. On October 9, MPCM reduced its target from EUR 46.00 to EUR 41.00 while keeping Buy. On October 12, UBS started coverage with Neutral and EUR 24.00, the most recent of the three signals.

Next reporting date

The next substantiated company date is November 10, 2026, when Jungheinrich is scheduled to publish its quarterly statement for the period ending September 30, 2026, according to Börse Express. That release should show whether order growth has begun to translate into better operating profitability.

Stock remains below its October range high

Jungheinrich stock was trading at EUR 21.92 at Lang & Schwarz on October 19, 2026 at 10:09 a.m. CEST, down 0.63 percent versus the Xetra close of October 16, 2026 at EUR 22.06. The 52-week range was EUR 20.62 to EUR 38.16 as of October 19, 2026, while market capitalization stood at EUR 2.2 billion.

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