DHL, DE0005552004

DHL stock trades near its 52-week high as UBS raises its target

Published on 09/28/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DHL stock stood at EUR 57.24 on September 28, 2026, 2.82 percent below its 52-week high. Q2 revenue rose 12.8 percent to EUR 22.367 billion.

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DHL (ISIN DE0005552004) was trading at EUR 57.24 on Xetra at 11:42 a.m. CEST on September 28, 2026, leaving the share 2.82 percent below its 52-week high of EUR 58.90. The immediate catalyst was a UBS target increase from EUR 54.50 to EUR 59.50, while the bank kept its neutral rating, as Goldesel reported on September 28, 2026.

UBS raises target but stays neutral

The new UBS target stands 3.95 percent above the Xetra price, calculated against EUR 57.24. The combination of a higher valuation level and an unchanged neutral rating gives the move a measured signal rather than a full change in stance.

That caution contrasts with the more optimistic view from Bank of America, which had raised its target to EUR 64.00 and assigned a Buy rating on September 21, 2026, according to Investing.com. The same overview placed the average target from 18 analysts at EUR 55.01, below the September 21 share price.

Q2 revenue grows 12.8 percent

DHL Group delivered EUR 22.367 billion of revenue in Q2 2026, up 12.8 percent from EUR 19.826 billion in Q2 2025. EBIT increased 30.0 percent to EUR 1.858 billion from EUR 1.429 billion, while the operating margin reached 8.3 percent compared with 7.2 percent a year earlier, according to DHL Group.

The Q2 report also showed net income of EUR 1.010 billion, up 23.9 percent year over year, and earnings per share of EUR 0.91, up 26.9 percent. Free cash flow excluding acquisitions and divestments reached EUR 569 million, compared with EUR 329 million in Q2 2025.

Buybacks add a capital return signal

DHL AG bought back 89,546 shares between September 14 and September 18, 2026, at an average price of EUR 55.8530, according to EQS News on September 21, 2026. Cumulative purchases under the program reached 2,706,693 shares through September 18, 2026.

DHL stock remains near its yearly high

DHL stock had a market capitalization of EUR 64.1 billion and traded 163,112 shares on September 28, 2026. Its 52-week range was EUR 37.63 to EUR 58.90, putting the latest price 52.10 percent above the low and 2.82 percent below the high.