Schaeffler confirms 2026 guidance: Jefferies keeps EUR 8.70 target for Schaeffler stock

Published on 10/22/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month revenue was EUR 17.50 billion versus EUR 17.70 billion. Schaeffler stock sits at EUR 5.78 on October 22, 2026, 0.69 percent below Xetra close.

Company update and timetable

Schaeffler confirmed its 2026 guidance on October 13, 2026 after reporting nine-month revenue of EUR 17.50 billion.
Jefferies kept its EUR 8.70 target on October 13, 2026, while Deutsche Bank Research maintained a EUR 7.50 target on October 14, 2026.
Schaeffler stock trades at EUR 5.78 at 12:31 p.m. CEST at Lang & Schwarz on October 22, 2026, 0.69 percent below the Xetra close of October 21, 2026.
The next full results are scheduled for November 3, 2026.

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Schaeffler stock (ISIN DE000SHA0100) trades at EUR 5.78 at Lang & Schwarz on October 22, 2026 at 12:31 p.m. CEST, down 0.69 percent versus the Xetra close of October 21, 2026 at EUR 5.82. On October 13, 2026, Schaeffler confirmed its 2026 full-year guidance after preliminary nine-month revenue reached EUR 17.50 billion versus EUR 17.70 billion in the prior-year period, according to Schaeffler.

Guidance holds after the third quarter

The preliminary third-quarter figures put the group EBIT margin before special items at 4.2 percent, down from 4.5 percent in the third quarter of 2025. For the first nine months, the margin improved to 4.5 percent from 4.2 percent, while free cash flow before M&A cash movements was minus EUR 40 million versus plus EUR 47 million a year earlier, the company said in its October 13, 2026 release.

Quarterly free cash flow was stronger at plus EUR 260 million, compared with plus EUR 175 million in the prior-year quarter. Schaeffler maintained its 2026 revenue guidance of EUR 22.50 billion to EUR 24.50 billion, an EBIT margin before special items of 3.5 percent to 5.5 percent and free cash flow of EUR 100 million to EUR 300 million.

Three dates show the changing picture

On August 5, 2026, Schaeffler published its second-quarter results, including EUR 5.90 billion in quarterly revenue. On October 5, 2026, the company had concluded 1,768 early-retirement contracts under its structural program. The October 13, 2026 preliminary release then reported a 4.2 percent third-quarter EBIT margin and confirmed the full-year outlook, according to the company update presentation.

What do analysts see in the target?

Jefferies kept its Buy recommendation and EUR 8.70 price target on October 13, 2026, according to MarketScreener. Deutsche Bank Research maintained a Hold rating and a EUR 7.50 target on October 14, 2026, citing better-than-expected cash flow but earnings measures below expectations, as reported by FinanzNachrichten. The spread between those targets makes execution in E-Mobility and cash conversion the key investor test.

Results date is already set

Schaeffler's investor-relations calendar lists November 3, 2026 for the nine-month results and third-quarter earnings conference call, followed by the annual-results analyst conference on March 3, 2027, according to Schaeffler. The November publication should replace the preliminary figures with the final validated statement.

Stock remains below recent highs

The stock was trading at EUR 5.78 at Lang & Schwarz on October 22, 2026 at 12:31 p.m. CEST, 0.69 percent below the Xetra close of October 21, 2026 at EUR 5.82. The finance data snapshot put Schaeffler's market capitalization at EUR 5.4 billion and its 52-week range at EUR 5.63 to EUR 11.98 as of October 22, 2026. The further course of trading is shown by the continuously updated real-time quote of Schaeffler stock.