Schaeffler stock falls 2.24 percent as Jefferies cuts target

Published on 09/23/2026 at 19:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schaeffler stock carries a EUR 8.70 target dated September 23, 2026. Q2 EBIT margin reached 4.5 percent versus 3.5 percent a year earlier.

Nahaufnahme eines Kugellagers auf einer Fertigungslinie eines Automobilzulieferers — Schaeffler AG (DE000SHA0159): fotorealistische Kugellager-Nahaufnahme in moderner Wälzlager-Fertigungslinie mit zwei Arbeitern im unscharfen Hintergrund, Illustration mit AI erstellt.

Schaeffler stock (ISIN DE000SHA0159) stood at EUR 6.97 on Xetra on September 23, 2026, down 2.24 percent from the previous close. The immediate pressure came as Jefferies reduced its target while retaining a Buy rating.

Jefferies lowers its target

As MarketScreener reported on September 23, 2026, Jefferies cut its Schaeffler target from EUR 9.45 to EUR 8.70. The new target stands 24.82 percent above the EUR 6.97 share price, leaving the valuation gap visible even after the reduction.

The change matters because the target still sits above the latest Xetra quotation, while the stock has lost 16.87 percent since the start of 2026. That combination puts the analyst view and the market trend at odds.

Q2 margin reaches 4.5 percent

Schaeffler's operating performance improved in the second quarter of 2026. The Yahoo Finance transcript dated August 5, 2026, states that EBIT margin rose to 4.5 percent from 3.5 percent in the prior-year quarter. The transcript also reports EUR 0.10 of earnings per share for Q2.

The cash picture remained more demanding. First-half 2026 free cash flow excluding mergers and acquisitions was negative EUR 300 million, while full-year free cash flow guidance stood at EUR 100 million to EUR 300 million.

Stock stays below its yearly high

At EUR 6.97, Schaeffler stock was 41.82 percent below its 52-week high of EUR 11.98 and 23.80 percent above its 52-week low of EUR 5.63 on September 23, 2026. The range shows that the share remains closer to its yearly floor than its yearly peak.

For investors, the key tension is clear: the Q2 margin improved by 1.0 percentage point year over year, but cash flow guidance remains a central measure for the investment case. The target revision adds a second checkpoint, with EUR 8.70 still materially above the market price.

Schaeffler stock closes at EUR 6.97

The closing price was EUR 6.97 on Xetra on September 23, 2026, a daily decline of 2.24 percent. Schaeffler AG is listed under ticker SHA0 and belongs to the auto parts industry.