Deutsche Bank raised target for Bechtle stock to EUR 49

Published on 10/08/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bechtle stock costs EUR 34.66 on October 8, 2026 after EUR 34.54, plus 0.35 percent. Q2 revenue reached EUR 1.73 billion.

Flatlay mit Aktienzertifikat, ISIN-Karte DE0005158703, Netzwerkkabeln und SSD — Bechtle AG Aktien-Flatlay mit ISIN-Karte DE0005158703, Aktienzertifikat, Netzwerkkabeln und IT-Komponenten auf dunklem Untergrund, Illustration mit AI erstellt.

At EUR 34.66, Bechtle stock (ISIN DE0005158703) was trading at Lang & Schwarz on October 8, 2026 at 1:20 p.m. CEST, up 0.35 percent versus the prior close of EUR 34.54. Deutsche Bank Research had raised its price target from EUR 45.00 to EUR 49.00 on September 21, 2026, while keeping its Buy rating, according to FinanzNachrichten.

Three milestones changed the valuation story

On August 12, 2026, Bechtle reported second-quarter revenue of EUR 1.73 billion, compared with EUR 1.57 billion in the first quarter. The same period produced net income of EUR 57.80 million, up from EUR 45.04 million in the first quarter, according to TradingView.

On September 17, 2026, Bechtle set a 2030 goal of more than EUR 10.00 billion in business volume and an EBT margin of 5.00 percent, as stated in its Capital Markets Day report. Deutsche Bank's September 21 target raise was the latest of the three milestones.

What does the margin target require?

The 5.00 percent EBT goal is a profitability test, not merely a sales target. Bechtle says organic growth, a larger service contribution, productivity gains and targeted acquisitions should lift margins while the group expands across Europe.

The comparison with current operations matters: Bechtle's second-quarter operating income was EUR 70.86 million on EUR 1.73 billion of revenue, while net income was EUR 57.80 million. The company also reports more than 16,000 employees across 14 European countries and over 120 locations on its investor-relations page.

Upcoming dates for Bechtle

The next reporting date listed for Bechtle is November 13, 2026, for the third quarter of 2026, according to TradingView. Bechtle will also support the rollout of Germany's EUDI Wallet from January 2, 2027, according to Bechtle.

Stock remains below its yearly high

Bechtle's Lang & Schwarz price of EUR 34.66 was 23.16 percent below the 52-week high of EUR 45.14 and 41.06 percent above the 52-week low of EUR 24.56 on October 8, 2026. Its market capitalization was EUR 4.4 billion on the same date, giving the long-term margin target a clear valuation context.

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