Deutsche Börse stock gains 1.87% as outlook upgrade stays in focus

Published on 11/10/2026 at 17:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Börse stock gained 1.87 percent after a second 2026 outlook upgrade stayed in focus. An investor conference follows Wednesday.

Growth and guidance set next focus

Third-quarter growth was broad-based across Deutsche Börse businesses.
Management raised its 2026 total net revenue outlook for a second time.
The UBS European Conference is scheduled for Wednesday, November 11.

Deutsche Börse, DE0005810055, Illustration mit AI erstellt.

Deutsche Börse stock traded at 320.60 euros on Lang & Schwarz at 17:39:32 CET on Tuesday, November 10, 2026, 1.78 percent above the Xetra close of Monday, November 9. Compared with the 314.70 euros cited in the latest own report at 10:00:07 CET the same day, the stock was 1.87 percent higher.

The market focus remains on the group's second upgrade to its 2026 outlook after the third-quarter results released on October 20. The Deutsche Börse Group said net revenue excluding the treasury result rose 14 percent year on year to 1.415 billion euros. Including treasury income, revenue reached 1.633 billion euros, up 13 percent.

Broad growth supports higher targets

Six of eight businesses delivered double-digit growth in the quarter. EBITDA excluding the treasury result increased 19 percent to 760 million euros, while net profit attributable to shareholders rose 18 percent to 559 million euros. Cash earnings per share before purchase price allocation effects reached 3.28 euros.

The treasury result increased 7 percent year on year to 218 million euros, its first year-on-year increase since 2024. Operating costs rose 7 percent to 646 million euros, with share-based compensation and planned Allfunds transaction costs contributing to the increase; excluding those effects, cost growth was around 3 percent.

Management now expects 2026 treasury income to exceed 0.8 billion euros, compared with previous guidance above 0.7 billion euros. Total net revenue is expected to exceed 6.5 billion euros, while EBITDA is projected at approximately 3.9 billion euros. The target for revenue excluding treasury income remains around 5.7 billion euros, with potential to slightly exceed that level.

The updated outlook leaves the stock sensitive to interest-rate expectations and market activity, while custody assets and settlement volumes provide longer-term support for the fund and securities services businesses. The UBS European Conference in London is scheduled for Wednesday, November 11, according to the company's investor-relations calendar.