Deutsche Bank keeps EUR 3.50 target for HelloFresh stock

Published on 10/26/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 7.80 percent to EUR 1.55 billion. HelloFresh stock costs EUR 3.15 on October 26, 2026, 1.94 percent above Xetra close.

Analyst view and business outlook

Deutsche Bank maintained a EUR 3.50 target and Hold rating on October 21, 2026.
HelloFresh guided for a 9.00 to 11.00 percent full-year revenue decline and adjusted EBITDA of EUR 350.00 million to EUR 370.00 million on September 24, 2026.
HelloFresh stock trades at EUR 3.15 at 10:28 a.m. CEST at Lang & Schwarz on October 26, 2026, 1.94 percent above the Xetra close of October 23, 2026.

Makrofoto: Rote Kirschtomate mit Wassertropfen vor grünem Bokeh-Hintergrund — Extreme Makrofotografie einer einzelnen frischen Kirschtomate mit glänzenden Wassertropfen — Frischebild im Kontext der Lebensmittelqualität von HelloFresh SE (ISIN DE000A161408), Illustration mit AI erstellt.

HelloFresh stock (ISIN DE000A161408) was trading at EUR 3.15 at Lang & Schwarz on October 26, 2026, at 10:28 a.m. CEST, 1.94 percent above the Xetra close of October 23, 2026 at EUR 3.09. Deutsche Bank Research maintained its Hold rating and EUR 3.50 price target on October 21, 2026, according to FinanzNachrichten.

Deutsche Bank holds its target

The analyst view leaves the stock close to the target, but the operating backdrop remains demanding. Deutsche Bank expects fiscal-year 2026 revenue of EUR 6.00 billion and operating EBITDA of EUR 350.00 million, figures identified as forecasts in the October 21 analysis by FinanzNachrichten.

What does the 2026 outlook mean?

HelloFresh reduced its fiscal-year 2026 constant-currency revenue outlook to a decline of 9.00 to 11.00 percent from the lower end of a previous 3.00 to 6.00 percent range. Adjusted EBITDA guidance also fell to EUR 350.00 million to EUR 370.00 million from EUR 375.00 million to EUR 425.00 million, according to Dr. Web on September 26, 2026.

Three dated stock events

On August 13, 2026, HelloFresh reported second-quarter revenue of EUR 1.55 billion, down 7.80 percent year on year, while orders fell to 21.80 million from 25.30 million, according to Dr. Web. On September 24, 2026, the company cut its revenue and adjusted EBITDA outlook, with third-quarter revenue expected to decline 11.00 to 12.00 percent year on year, as reported by EQS News. On October 21, 2026, Deutsche Bank kept its Hold rating and EUR 3.50 target, according to FinanzNachrichten.

Next reporting date is November 5

HelloFresh is scheduled to publish its third-quarter statement and hold the related earnings call on November 5, 2026, according to the company investor-relations calendar at HelloFresh. The release will test whether the lower customer-acquisition spending has stabilized profitability without extending the revenue decline.

Stock trades above the Xetra close

The current euro quote is above the prior Xetra session, while the 52-week range of EUR 2.16 to EUR 7.92 places the stock near the lower end of its annual span. HelloFresh was trading at EUR 3.15 at Lang & Schwarz on October 26, 2026, at 10:28 a.m. CEST, 1.94 percent above the Xetra close of October 23, 2026 at EUR 3.09. The further course of trading is shown by the continuously updated real-time quote of HelloFresh stock.