Lufthansa secures TAP selection: Lufthansa stock sits 30.97 percent below its 52-week high

Published on 10/27/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lufthansa secures a EUR 1.025 billion TAP bid for 44.9 percent. Lufthansa stock costs EUR 7.10 on October 27, 2026, below EUR 7.13.

Earnings pressure precedes the next report

Lufthansa offered EUR 1.025 billion for 44.9 percent of TAP on October 14, 2026.
Second-quarter revenue reached EUR 11.14 billion while adjusted EBIT fell 56.00 percent to EUR 383.00 million.
Lufthansa stock trades at EUR 7.10 at 9:42 a.m. CET at Lang & Schwarz on October 27, 2026, 0.48 percent below the Xetra close of October 26, 2026.
JPMorgan cut its target to EUR 7.00 from EUR 7.50 on October 13, 2026.
The 52-week range is EUR 6.83 to EUR 10.29 as of October 26, 2026.

Lufthansa, DE0008232125, Illustration mit AI erstellt.

Deutsche Lufthansa AG stock (ISIN DE0008232125) was trading at EUR 7.10 at Lang & Schwarz on October 27, 2026 at 9:42 a.m. CET, down 0.48 percent from the Xetra close of October 26, 2026 at EUR 7.13. The central company event remains Lufthansa Group's selection for the TAP Air Portugal privatization process, announced on October 14, 2026.

Lufthansa Group said it offered EUR 1.025 billion for an initial 44.9 percent stake. The consideration could rise to EUR 1.2 billion for a 49.9 percent stake, while completion remains subject to regulatory approval. The deal gives the group a concrete expansion project, but it also adds an execution timetable to an airline already facing cost pressure.

TAP adds scale and execution risk

The TAP plan builds on Lufthansa's existing Portuguese network. The company said its airlines offered 353 weekly flights to six destinations in Portugal, a capacity level 75.00 percent above 2019, and employed more than 500 professionals in the country on October 14, 2026.

The stock reaction is measured against the business challenge visible in the latest quarter. According to Investing.com, second-quarter revenue rose 8.00 percent to EUR 11.14 billion, while adjusted EBIT fell 56.00 percent to EUR 383.00 million. The adjusted EBIT margin declined to 3.40 percent, making fuel and labor costs more important than passenger demand alone.

What will shape the next report?

Analyst caution provides a clear counterweight to the TAP expansion. MarketScreener reported on October 14, 2026 that JPMorgan cut its target to EUR 7.00 from EUR 7.50 and kept a Neutral rating. FinanzNachrichten said Deutsche Bank Research maintained a Hold rating and an EUR 8.00 target on October 20, 2026.

Three milestones and figures

On October 14, 2026, Lufthansa selected TAP with an EUR 1.025 billion offer for 44.9 percent. On October 20, 2026, Deutsche Bank Research retained its EUR 8.00 target. On October 26, 2026, Lufthansa's newsroom listed a new Kuala Lumpur to Frankfurt service, adding a route expansion alongside the TAP plan.

Dates investors can track

MarketScreener lists November 2, 2026 as the third-quarter earnings release. comdirect lists November 3, 2026 for the third-quarter report and March 5, 2027 for the fiscal-year 2026 report.

Stock stays below its yearly high

Lufthansa stock is EUR 3.19 below its 52-week high of EUR 10.29 and EUR 0.27 above its 52-week low of EUR 6.83, both as of October 26, 2026. The market capitalization was EUR 8.6 billion on that date, according to the quoted market data.

The stock was trading at EUR 7.10 at Lang & Schwarz on October 27, 2026 at 9:42 a.m. CET, 0.48 percent below the Xetra close of October 26, 2026 at EUR 7.13. The further course of trading is shown by the continuously updated real-time quote of Lufthansa stock.