Jefferies keeps Buy rating for MTU Aero Engines stock at EUR 460

Published on 10/23/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. MTU Aero Engines stock costs EUR 324.10 on October 23, 2026, 2.61 percent below the Xetra close.

Analyst view and upcoming results

Jefferies maintained its Buy rating and EUR 460 target on October 13, 2026.
mwb research projected third-quarter revenue of EUR 2.29 billion and adjusted EBIT of EUR 361 million on October 8, 2026.
MTU Aero Engines stock trades at EUR 324.10 at 9:19 a.m. CEST at Lang & Schwarz on October 23, 2026, 2.61 percent below the Xetra close of October 22, 2026.

Architekturaufnahme einer monumentalen Triebwerksprüfhalle mit weitgespannten Stahlträgern unter der Decke; ein Strahltriebwerk auf einem Prüfstand in der Mitte, dramatische Lichtstrahlen durch Oberlichtfenster beleuchten Staubpartikel — Moderne Triebwerksprüfhalle mit hohen Stahlträgern und zentralem Prüfstand. MTU Aero Engines AG, ISIN DE000A0D9PT0, Illustration mit AI erstellt.

MTU Aero Engines (DE000A0D9PT0) was trading at EUR 324.10 at Lang & Schwarz on October 23, 2026, at 9:19 a.m. CEST, 2.61 percent below the Xetra close of October 22, 2026 at EUR 332.80. Jefferies maintained its Buy rating and a EUR 460 price target on October 13, 2026, according to MarketScreener.

What does the EUR 460 target imply?

Jefferies' target lies 41.93 percent above the October 23 price. The target keeps the analyst view constructive even as MTU stock trades 19.92 percent below its 52-week high of EUR 404.80 and above its 52-week low of EUR 265.20.

Three target milestones

Bernstein Research kept a EUR 450 target and an Outperform rating on September 23, 2026, as reported by finanzen.ch. Deutsche Bank Research raised its MTU target to EUR 457 on October 6, 2026, while Jefferies set EUR 460 on October 13, 2026, according to MarketScreener.

What will results test?

MTU's third-quarter results are scheduled for October 28, 2026. In an October 8, 2026 analysis, mwb research projected revenue of EUR 2.29 billion, about 7 percent above the prior-year quarter, and adjusted EBIT of EUR 361 million with a 15.80 percent margin, according to 4investors. The estimates put execution and cash conversion ahead of broad sector sentiment in the next market test.

Stock stays above its yearly low

MTU's investor-relations page lists fiscal-year 2025 adjusted revenue of EUR 8.70 billion, adjusted EBIT of EUR 1.351 billion and adjusted net income of EUR 968 million. The company also reported adjusted free cash flow of EUR 378 million for fiscal year 2025, according to MTU Aero Engines. Those historical figures provide a baseline for judging whether the third-quarter estimates translate into improving profitability.

After the Xetra close, MTU Aero Engines was trading at EUR 324.10 at Lang & Schwarz on October 23, 2026, at 9:19 a.m. CEST, 2.61 percent below the Xetra close of October 22, 2026 at EUR 332.80. The further course of trading is shown by the continuously updated real-time quote of MTU Aero Engines stock.