Schaeffler confirms guidance as Schaeffler stock falls 2.86 percent

Published on 10/15/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 17.50 billion in nine months. Schaeffler stock costs EUR 5.77 on October 15, 2026, 2.86 percent below its Xetra close.

Guidance and restructuring shape results

Schaeffler booked EUR 240 million in E-Mobility special charges on October 13, 2026.
Nine-month revenue reached EUR 17.50 billion in 2026, down from EUR 17.70 billion.
Schaeffler stock traded at EUR 5.77 at 1:10 p.m. CEST on October 15, 2026, 2.86 percent below the Xetra close of October 14, 2026.

Schwarzweiß-Reportagefoto eines Metallarbeiters an Präzisionsmaschine, Schaeffler AG — Schaeffler AG (DE000SHA0100) steht für Präzisionsmetallverarbeitung, dokumentiert hier als dokumentarische Schwarzweiß-Reportage eines Werkarbeiters, Illustration mit AI erstellt.

Schaeffler confirms its 2026 guidance as Schaeffler stock traded at EUR 5.77 at Lang & Schwarz on October 15, 2026 at 1:10 p.m. CEST, down 2.86 percent versus the Xetra close of October 14, 2026 at EUR 5.94. The company released preliminary nine-month and third-quarter figures on October 13, 2026, according to Deutsche Boerse.

Results confirm guidance

Preliminary revenue for the first nine months of 2026 reached EUR 17.50 billion, compared with EUR 17.70 billion in the prior-year period. That represents a decline of 1.13 percent. The EBIT margin before special items improved to 4.50 percent from 4.20 percent, while nine-month free cash flow was negative EUR 40.00 million, compared with positive EUR 47.00 million a year earlier.

The third quarter brought revenue of EUR 5.80 billion and an EBIT margin before special items of 4.20 percent. Third-quarter free cash flow was positive at EUR 260.00 million, versus EUR 175.00 million in the prior-year quarter. Schaeffler confirmed its full-year 2026 guidance and its 2028 targets in the same release.

What does the cleanup mean for margins?

Schaeffler recognized EUR 240.00 million in one-off E-Mobility impairments and provisions in 2026, including EUR 220.00 million in the third quarter. The charge reflects lower project volumes for European automakers, particularly in China, and is treated as a special item. E-Mobility revenue rose to EUR 3.90 billion in the first nine months from EUR 3.70 billion, while its EBIT margin before special items improved to minus 14.80 percent from minus 17.80 percent.

The company also reported a humanoid robotics order book of EUR 400.00 million after winning two additional customers in Greater China. This growth area contrasts with the restructuring burden in E-Mobility and gives investors a second operating measure beyond the headline revenue trend.

Three dates frame the update

On October 1, 2026, Schaeffler extended the contract of Sascha Zaps as head of Bearings and Industrial Solutions, according to the company's investor-relations page. On October 12, 2026, the company announced the completion of its earnings improvement program with around 1,800 additional early-retirement contracts. On October 13, 2026, Schaeffler released preliminary nine-month revenue of EUR 17.50 billion and confirmed its 2026 guidance.

When are the next results due?

Schaeffler's investor-relations calendar lists the final nine-month results for November 3, 2026, and the analyst conference for the 2026 full-year results on March 3, 2027, according to Schaeffler.

Analyst views remain mixed. On September 28, 2026, JPMorgan cut its price target from EUR 10.00 to EUR 8.50 while keeping a Neutral rating, as reported by FinanzNachrichten. The target change highlights the market's concern about the auto cycle even as Schaeffler points to robotics growth and a stronger adjusted margin.

Stock stays under pressure

The current setup combines a 2.86 percent intraday decline against the Xetra close with preliminary revenue down 1.13 percent year over year. Schaeffler's restructuring charges may support future profitability, but the E-Mobility margin remains negative.

Schaeffler stock was trading at EUR 5.77 at Lang & Schwarz on October 15, 2026 at 1:10 p.m. CEST, 2.86 percent below the Xetra close of October 14, 2026 at EUR 5.94. The further course of trading is shown by the continuously updated real-time quote of Schaeffler stock.