Deutsche Bank keeps EUR 43.00 target for Traton stock

Published on 10/09/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached EUR 11.77 billion, up 4.12 percent year over year. Traton stock costs EUR 33.43 on October 9, 2026 after EUR 32.94.

Key points in brief

Deutsche Bank Research kept a Buy rating and a EUR 43.00 target for Traton on October 2, 2026.
Traton reported EUR 11.77 billion in second-quarter revenue, up 4.12 percent year over year.
Lang & Schwarz quoted Traton at EUR 33.43 on October 9, 2026, plus 1.49 percent versus the prior close.
Third-quarter sales were scheduled for October 12, 2026, followed by the quarterly report on October 28, 2026.

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Traton (ISIN DE000TRAT0N7) was covered by Deutsche Bank Research on October 2, 2026, which kept its Buy rating and EUR 43.00 price target. Lang & Schwarz quoted the stock at EUR 33.43 on October 9, 2026 at 11:31 a.m. CEST, up 1.49 percent from the EUR 32.94 prior close.

Three events shape the stock

On July 10, 2026, TRATON Investor Relations reported that group vehicle sales rose 4.00 percent to 82,900 units in the second quarter.

On July 23, 2026, finanzen.ch reported second-quarter earnings per share of EUR 1.42, up from EUR 0.49 in the prior-year quarter, while revenue reached EUR 11.77 billion, up 4.12 percent year over year.

On October 2, 2026, FinanzNachrichten.de reported that Deutsche Bank Research retained its Buy rating and EUR 43.00 target, citing stronger US momentum as a counterweight to European weakness.

What does the target mean for valuation

The EUR 43.00 target stands 28.63 percent above the Lang & Schwarz price of EUR 33.43 on October 9, 2026. That comparison is not a forecast from this article, but it shows the gap between the bank's stated valuation marker and the current German trading reference.

The counter-factor is the North American regulatory cycle. FinanzNachrichten.de reported on September 25, 2026 that UBS kept a Neutral rating and EUR 41.00 target, while its analyst estimated that EPA27-related costs could raise truck prices by USD 6,000 to USD 22,000 from 2027.

Next dates for Traton

finanzen.at identified October 12, 2026 for Traton's sales figures and October 28, 2026 for the third-quarter report. The latter is the next full financial update and is likely to put US order trends, regional mix and the operating margin back at the center of the valuation debate.

Price stays above the prior close

At Lang & Schwarz, Traton was trading at EUR 33.43 on October 9, 2026 at 11:31 a.m. CEST, plus 1.49 percent versus the EUR 32.94 prior close. The 52-week range reported by finanzen.ch ran from EUR 25.78 to EUR 41.38 as of October 9, 2026.

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