RENK Group stock gains as order backlog reaches EUR 7.4 billion

Published on 09/23/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RENK Group stock traded at EUR 41.60 on September 23, 2026, up 1.3 percent in Xetra trading. Second-quarter orders reached EUR 612.8 million.

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RENK Group stock (ISIN DE000RENK730) traded at EUR 41.60 on Xetra at 9:28 a.m. on September 23, 2026, up 1.3 percent. The move followed second-quarter order intake of EUR 612.8 million and an order backlog of EUR 7.4 billion, giving investors a measurable demand signal.

Orders set a quarterly record

According to Trading-Treff on September 23, 2026, RENK Group recorded EUR 612.8 million of orders in the second quarter of 2026, described as a record for a single quarter. Revenue in the same quarter reached EUR 354 million, compared with EUR 347.53 million in the prior-year quarter, an increase of 1.74 percent according to Finanzen.ch on September 22, 2026.

The earnings mix was less supportive than the order figure. EPS for the second quarter of 2026 was EUR 0.15, down from EUR 0.30 in the second quarter of 2025, according to Finanzen.ch on September 22, 2026. The contrast between record quarterly orders and lower year-on-year EPS makes execution and profitability the key variables behind the backlog.

Guidance stays above EUR 1.5 billion

RENK Group continues to target 2026 revenue above EUR 1.5 billion and adjusted EBIT between EUR 255 million and EUR 285 million, according to Trading-Treff on September 23, 2026. Against the EUR 354 million quarterly revenue figure, the full-year target requires continued delivery through the remaining 2026 reporting periods.

Analyst sentiment also shifted during the current month. Goldman Sachs upgraded RENK Group to Buy on September 18, 2026, while the reported current price target was EUR 55.52; the older target was not stated in the available source, according to Ad-hoc-News on September 22, 2026. The rating change provides a counterweight to the lower EPS comparison, but it does not remove delivery risk attached to the large order book.

Stock remains near yearly low

At EUR 41.60 on September 23, 2026, the share price stood EUR 2.34 above the 52-week low of EUR 39.26 set on September 17, 2026, and EUR 48.74 below the 52-week high of EUR 90.34 reached on October 4, 2025. Xetra volume had reached 20,879 shares at 9:28 a.m. on September 23, 2026, while the reported market capitalization was EUR 4.23 billion as of September 22, 2026.

RENK Group stock traded at EUR 41.60 in Xetra trading at 9:28 a.m. on September 23, 2026, up 1.3 percent from the prior quoted level.