Jungheinrich, DE0006219934

Berenberg keeps EUR 37 target for Jungheinrich stock

Published on 10/06/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jungheinrich booked EUR 2.67 billion revenue in the first half of 2026. Jungheinrich stock costs EUR 23.01 on October 6, 2026 after EUR 22.90.

Isometrische 3D-Illustration der automatisierten Intralogistik-Wertschöpfungskette — Jungheinrich AG (Vz.) DE0006219934 isometrische 3D-Darstellung automatisierter Intralogistik-Wertschöpfungskette vom Wareneingang bis Versand, Illustration mit AI erstellt.

Jungheinrich stock (ISIN DE0006219934) was trading at EUR 23.01 at Lang & Schwarz on October 6, 2026 at 1:10 p.m. CEST, up 0.48 percent from the prior close of EUR 22.90. According to Finanznachrichten on September 25, 2026, Berenberg kept its Buy rating and EUR 37.00 price target for Jungheinrich.

Orders rise as profit falls

According to Investing.com in its September 25, 2026 report, order intake rose 7.70 percent to EUR 2.95 billion in the first half of 2026. Revenue reached EUR 2.67 billion in the same period, giving the company a stronger demand profile despite weaker profitability.

The earnings contrast is sharper below revenue. Net income fell from EUR 139.00 million in the first half of 2025 to EUR 73.20 million in the first half of 2026, while EBIT declined from EUR 210.50 million to EUR 144.90 million and the EBIT margin was 5.40 percent.

Restructuring sets the next test

Investing.com reported that Jungheinrich lowered its 2026 earnings outlook while raising its targets for order intake and revenue. The report also said the company plans EUR 100.00 million of investment in its restructuring program and intends to close the Lüneburg plant by the end of 2027.

That combination leaves investors with a measurable trade-off: the 7.70 percent increase in first-half order intake supports the recovery case, but the EUR 65.80 million year-over-year reduction in net income shows that demand has not yet translated into earnings growth. The next reporting date listed by Investing.com is November 10, 2026, when progress on cost reductions will receive renewed attention.

Stock remains below its yearly high

Jungheinrich stock stood within a 52-week range of EUR 21.72 to EUR 38.16 on October 6, 2026, while market capitalization was EUR 2.3 billion. The EUR 37.00 Berenberg target is EUR 13.99 above the Lang & Schwarz price, but the target and the euro quote come from different reference points and are not combined into a return forecast.

The further course of trading is shown by the continuously updated real-time quote of Jungheinrich stock.