Jefferies raises target for Knorr-Bremse stock to EUR 126.00

Published on 10/23/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Knorr-Bremse stock costs EUR 96.25 on October 23, 2026, unchanged versus Xetra close. Jefferies raised its target to EUR 126.00 from EUR 125.00.

Analyst target and growth plan

Jefferies raised its target from EUR 125.00 to EUR 126.00 on October 9, 2026.
Management targets EUR 10.0 billion revenue and a 16.00 percent operating EBIT margin by 2030.
Knorr-Bremse stock trades at EUR 96.25 at 9:36 a.m. CEST at Lang & Schwarz on October 23, 2026, unchanged versus the Xetra close of October 22, 2026.

Frankfurter Handelsraum mit Kursbildschirmen und Symbolen für Industrie und Transport — Börsen-Editorialfoto zeigt Handelsraum mit Sektor-Charts, passend zu Knorr-Bremse AG, Aktie mit ISIN DE000KBX1006 gelistet, Illustration mit AI erstellt.

Knorr-Bremse (DE000KBX1006) was trading at EUR 96.25 at Lang & Schwarz on October 23, 2026 at 9:36 a.m. CEST, unchanged versus the Xetra close of October 22, 2026. The latest analyst signal came on October 9, 2026, when Yahoo Finance reported that Jefferies raised its price target from EUR 125.00 to EUR 126.00 and kept its Buy rating.

The modest target increase leaves the operating picture more important than the change itself. Jefferies cited a well-filled order book, while pointing to weakness in European rail freight and regulatory uncertainty in the U.S. trucking market.

Quarterly figures set the baseline

Knorr-Bremse reported EUR 2.14 billion in revenue and EUR 173.00 million in net income for the second quarter of 2026, compared with EUR 2.00 billion in revenue and EUR 140.00 million in net income a year earlier, according to Yahoo Finance. The comparison points to higher sales and profit, although the company still faces pressure in parts of the rail and truck markets.

What does the 2030 plan mean?

At the International Investment Forum on October 7, 2026, Knorr-Bremse presented a target of EUR 10.0 billion in revenue by 2030, up from EUR 7.8 billion in 2025, and an operating EBIT margin of 16.00 percent. Investing.com also reported targets for cash conversion above 90.00 percent and free cash flow above EUR 1.0 billion by 2030.

Three dates shaped the stock

On June 30, 2026, second-quarter net income stood at EUR 173.00 million. On October 7, 2026, management presented the EUR 10.0 billion revenue ambition for 2030. On October 9, 2026, Jefferies lifted its price target to EUR 126.00.

Next reporting date is October 28

MarketScreener lists October 28, 2026, as the date for the third-quarter earnings release. That report will test whether order intake and operating profitability are tracking the strategic targets.

Price holds at EUR 96.25

The stock is 16.38 percent above its 52-week low of EUR 77.50 and 16.65 percent below its 52-week high of EUR 115.60. Market capitalization stood at EUR 15.5 billion on October 23, 2026.

Knorr-Bremse was trading at EUR 96.25 at Lang & Schwarz on October 23, 2026 at 9:36 a.m. CEST, unchanged versus the Xetra close of October 22, 2026. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.