Jungheinrich, DE0006219934

UBS starts coverage for Jungheinrich stock with EUR 24.00 target

Published on 10/16/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 2.67 billion in first half 2026. Jungheinrich stock costs EUR 22.14 on October 16, 2026, up 2.22 percent versus Xetra close.

Analyst view and market position

UBS began coverage with a EUR 24.00 target on October 12, 2026.
First-half 2026 revenue reached EUR 2.67 billion.
Jungheinrich stock costs EUR 22.14 at Lang & Schwarz on October 16, 2026 at 3:34 p.m. CEST, plus 2.22 percent versus the Xetra close of October 15, 2026.
The next reporting date is November 10, 2026.

Modernes Hochregallager mit elektrischen Flurförderfahrzeugen, Intralogistik — Jungheinrich AG (Vz.) DE0006219934 automatisiertes Hochregallager mit elektrischen Flurförderfahrzeugen in modernem Distributionszentrum, Illustration mit AI erstellt.

UBS began coverage of Jungheinrich with a Neutral rating and a EUR 24.00 target on October 12, 2026. The target stands 8.40 percent above the EUR 22.14 Lang & Schwarz price. At Lang & Schwarz, Jungheinrich stock was trading at EUR 22.14 on October 16, 2026 at 3:34 p.m. CEST, plus 2.22 percent versus the Xetra close of October 15, 2026 at EUR 21.66.

First-half revenue reached EUR 2.67 billion

Jungheinrich reported first-half 2026 revenue of EUR 2.67 billion and order intake of EUR 2.95 billion, up 7.70 percent from the year-earlier period, according to Investing.com. Net income was EUR 73.20 million, down from EUR 139.00 million, while the report identified one-off effects of EUR 33.80 million, including EUR 20.50 million from the sale of the Russian subsidiary.

Stock remains 41.98 percent below its high

The Lang & Schwarz price was EUR 1.52 above the finance data 52-week low of EUR 20.62 and EUR 16.02 below the high of EUR 38.16. Trading volume on the Xetra listing was 26,323 shares against an average of 122,203, while the bid was EUR 22.12 and the ask was EUR 22.16.

Valuation and November reporting date

Jungheinrich's market capitalization was EUR 2.3 billion as of October 16, 2026. The next scheduled company date is the third-quarter report on November 10, 2026, according to Börse Express.

Comparison with peers

Jungheinrich: plus 2.22 percent, market capitalization EUR 2.3 billion
KION Group (Xetra, EUR): plus 1.75 percent, P/E 11.65, market capitalization EUR 4.5 billion
MDAX (Xetra, index points): plus 1.78 percent, 30,752.98 points

Analyst target sets the near-term marker

The UBS target of EUR 24.00 gives the stock an 8.40 percent distance from the current Lang & Schwarz price. UBS also said its earnings before interest and taxes forecasts were 4.00 to 6.00 percent below consensus, citing competition and product-mix changes, according to wallstreetONLINE.

Jungheinrich stock price snapshot

The stock was trading at EUR 22.14 at Lang & Schwarz on October 16, 2026 at 3:34 p.m. CEST, plus 2.22 percent versus the Xetra close of October 15, 2026 at EUR 21.66. The further course of trading is shown by the continuously updated real-time quote of Jungheinrich stock.