Jungheinrich, DE0006219934

UBS starts coverage of Jungheinrich stock with EUR 24 target

Published on 10/15/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jungheinrich stock is EUR 21.45 on October 15, 2026, 0.33 percent below Xetra close. First-half orders rose 7.70 percent to EUR 2.95 billion.

Analyst view meets operating data

UBS began coverage with a Neutral rating and a EUR 24.00 target on October 13, 2026.
First-half order intake rose 7.70 percent to EUR 2.95 billion.
Jungheinrich stock trades at EUR 21.45 at 10:33 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.33 percent below the Xetra close of October 14, 2026.

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Jungheinrich stock was trading at EUR 21.45 at Lang & Schwarz on October 15, 2026, 0.33 percent below the Xetra close of October 14, 2026 at EUR 21.52. The latest company-specific catalyst was UBS coverage launched on October 13, 2026, with a Neutral rating and a EUR 24.00 target, according to ARIVA.DE.

Why UBS chose a Neutral rating

UBS analyst Sven Weier cited Jungheinrich's European market position and defensive end markets. His earnings forecasts were 4.00 to 6.00 percent below consensus because of competitive pressure and product-mix changes, the October 13 report said.

What does order growth mean?

The first-half figures show a split operating picture. Order intake rose 7.70 percent to EUR 2.95 billion, while revenue reached EUR 2.67 billion. EBIT fell from more than EUR 210 million to less than EUR 145 million, and the operating margin stood at 5.40 percent, according to Finanznachrichten.de. The order book is therefore expanding faster than recent profitability.

Three dates shaped the stock

On October 6, 2026, Jungheinrich handed over an automated logistics center with more than 6,500 container positions, according to Borse Express. On October 8, Bank of America cut its target from EUR 35.00 to EUR 21.00 and lowered its rating to Underperform. On October 13, UBS began coverage at Neutral with a EUR 24.00 target.

Dates for the next report

Jungheinrich is scheduled to publish its quarterly statement for the period ending September 30, 2026, on November 10, 2026, according to Borse Express. That report should provide the next direct test of demand, order intake and margins.

Stock stays near its yearly low

The current Lang & Schwarz price is EUR 21.45, compared with a 52-week range of EUR 20.62 to EUR 38.16. Market capitalization was EUR 2.2 billion on October 15, 2026. The combination of a 5.40 percent first-half operating margin and a 7.70 percent order-intake increase leaves investors weighing growth against execution.

Jungheinrich was trading at EUR 21.45 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST, 0.33 percent below the Xetra close of October 14, 2026 at EUR 21.52. The further course of trading is shown by the continuously updated real-time quote of Jungheinrich stock.