Deutsche Bank keeps Buy rating for Traton stock with EUR 43 target

Published on 10/02/2026 at 12:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 4.10 percent to EUR 11.76 billion. Traton stock costs EUR 34.33 on October 2, 2026 after EUR 34.43, down 0.29 percent.

Trading-Floor mit großen Bildschirmen, abstrakten Charts und Händlern in Anzügen — Traton SE DE000TRAT0N7 Börsen-Editorial zeigt belebten Handelssaal der Frankfurter Börse mit abstrakten Sektorcharts heute, Illustration mit AI erstellt.

Traton (ISIN DE000TRAT0N7) was trading at EUR 34.33 at Lang & Schwarz on October 2, 2026 at 12:17 p.m. CEST, down 0.29 percent versus the prior close of EUR 34.43. According to finanzen.net on October 2, 2026, Deutsche Bank Research kept its Buy rating and EUR 43.00 price target for Traton. The bank said strength in the US business offset weakness in Europe.

Deutsche Bank sees US strength

The EUR 43.00 target stands 25.79 percent above the Lang & Schwarz price of EUR 34.33. Deutsche Bank Research linked its view to the outlook for Traton's quarterly report scheduled for October 28, 2026, making North American demand a key test for the thesis.

Second-quarter profit improved

Traton's second-quarter revenue rose 4.10 percent year over year to EUR 11.76 billion, while diluted earnings per share reached EUR 1.42 after EUR 0.49 in the prior-year quarter, according to Investing.com in its September 28, 2026 report. The comparison shows why analysts are weighing operating improvement against demand risks rather than treating the quarter as a simple volume story.

Net income was EUR 708.0 million in the quarter ending June 30, 2026, versus EUR 246.0 million in the same quarter a year earlier, according to Markets Insider on September 28, 2026. The earnings increase gives the October report a higher comparison base, especially if US orders soften.

October 28 report sets next test

The next confirmed quarterly report is October 28, 2026, according to comdirect. Bernstein Research kept a Market-Perform rating and a EUR 36.00 target in a note dated October 1, 2026, citing an expected operating picture and uncertainty around US order trends, as reported by finanznachrichten.de.

Stock stays below yearly high

Traton's 52-week range was EUR 25.78 to EUR 41.38 on October 2, 2026, leaving the Lang & Schwarz price 17.04 percent below the high. Market capitalization stood at EUR 17.5 billion on the same date. Traton stock was trading at EUR 34.33 at Lang & Schwarz on October 2, 2026 at 12:17 p.m. CEST, down 0.29 percent versus the prior close of EUR 34.43. The further course of trading is shown by the continuously updated real-time quote of Traton stock.