MTU Aero Engines

Private bank Berenberg lowers its target price for MTU Aero Engines from €390 to €380 but keeps the "Hold" rating. Quarterly results showed robust demand and raised full-year targets for revenue and cash turnover, but adjusted operating profit (EBIT) was hit by provisions related to a customer insolvency. The stock fell intraday and is well below the new target price. » More on finanzen.net

Bernstein Research confirms its "Outperform" rating for MTU Aero Engines and names a €450 target price after the quarter. Revenue and cash inflow exceeded expectations and most annual targets were raised, while margins in the original-equipment business disappointed. The stock traded higher intraday and is about 34 percent below the target price. » More on finanzen.net

RBC analyst Mark Fielding rates MTU Aero Engines as "Sector Perform" after quarterly results and confirms a €365 price target. The company performed as expected and cash development slightly beat expectations. The adjusted full-year targets largely anticipate consensus estimates, so the stock is considered fairly valued. » More on finanzen.net

MTU now expects 2026 revenues of €9.5–9.7 billion, raising the lower end of its forecast while keeping adjusted EBIT at €1.35–1.45 billion. The reasons are stronger maintenance and spare-parts demand and a dollar exchange rate that benefits MTU. In the third quarter, revenue rose nearly 14% to €2.4 billion, adjusted operating profit increased 3% to €349 million, but quarterly profit fell 9% to €227 million after currency revaluations. The stock turned positive intraday and was last up about 2.3%. » More on finanzen.net

The DAX fell 0.75% to 25,182 points, accompanied by weakness in technology, telecommunications and automotive stocks. MTU Aero Engines dropped 4.84% to a four-month low after Safran reported disappointing quarterly numbers for its engine business and the sector came under selling pressure. Rising oil prices, concerns about France’s public finances and doubts about the profitability of large AI investments further weighed on the markets. » More on finanzen.net