JPMorgan lifts Talanx target to EUR 140.00 for Talanx stock

Published on 10/23/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan set a EUR 140.00 target on October 21, 2026. Talanx stock stands at EUR 125.90 on October 23, 2026, 0.79 percent below EUR 126.90 Xetra close.

Analyst target and reporting date

JPMorgan raised its Talanx target from EUR 125.00 to EUR 140.00 on October 21, 2026.
Talanx stock stood 2.25 percent below its 52-week high of EUR 128.80 on October 23, 2026.
Talanx stock traded at EUR 125.90 at 10:02 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.79 percent below the Xetra close of October 22, 2026.
Talanx is scheduled to publish results for September 30, 2026, on November 12, 2026.

Aquarellmalerei der Hannover Skyline mit Bürotürmen und Fluss in sanften Pastellfarben — Talanx AG (DE000TLX1005) symbolisiert durch ein Aquarellgemälde der Hannoveraner Skyline mit modernen Bürotürmen, Illustration mit AI erstellt.

Talanx stock (ISIN DE000TLX1005) traded at EUR 125.90 at Lang & Schwarz on October 23, 2026, down 0.79 percent versus the Xetra close of October 22, 2026 at EUR 126.90. The latest catalyst is JPMorgan's target increase from EUR 125.00 to EUR 140.00, published on October 21, 2026, while the bank kept its Overweight rating, according to FinanzNachrichten.

Target raise ahead of results

JPMorgan analyst Kamran M. Hossain also increased the estimate for Talanx's 2026 surplus by 2.00 percent. The adjustment was tied to the company's quarterly results scheduled for November 12, 2026, giving the upcoming report a clear role in the valuation discussion.

The target move is material against the latest Xetra close. EUR 140.00 is 10.32 percent above EUR 126.90, calculated from the two quoted target levels and the October 22, 2026 close.

What does the target mean for earnings?

The answer depends on whether Talanx can extend the earnings trend already visible in 2026. Talanx's investor-relations page identifies net income of EUR 774.00 million for the first quarter of 2026 and describes the first-half result published on August 14, 2026 as a record, according to Talanx.

The next two milestones are the November 12, 2026 publication of results for September 30, 2026, and the accompanying update on full-year performance. The November release is the next dated company event explicitly listed by Talanx.

Stock remains near yearly high

The current euro quote is 2.25 percent below the 52-week high of EUR 128.80 and well above the 52-week low of EUR 97.65. Market capitalization stood at EUR 32.5 billion on October 23, 2026, placing the analyst target in a valuation context rather than making it a standalone signal.

Talanx was trading at EUR 125.90 at Lang & Schwarz on October 23, 2026 at 10:02 a.m. CEST, 0.79 percent below the Xetra close of October 22, 2026 at EUR 126.90. The further course of trading is shown by the continuously updated real-time quote of Talanx stock.