Goldman Sachs started coverage of Hensoldt stock at Neutral

Published on 10/12/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies raised Hensoldt to Buy on October 5, 2026. Hensoldt stock costs EUR 77.86 on October 12, 2026, 2.15 percent above EUR 76.22.

Key points in brief

Goldman Sachs started coverage of Hensoldt at Neutral with an EUR 85.00 price target on October 6, 2026.
Hensoldt stock was trading at EUR 77.86 at Lang & Schwarz on October 12, 2026 at 9:21 a.m. CEST.
The price stood 2.15 percent above the Xetra close of October 9, 2026 at EUR 76.22.
Hensoldt doubled first-half order intake to EUR 2.812 billion and reported an order backlog above EUR 10.0 billion.
Hensoldt is scheduled to publish its nine-month 2026 statement on November 5, 2026.

Pop-Art-Comic eines Hensoldt AG Ingenieurs der einen Radarsensor heroisch präsentiert — Hensoldt AG Ingenieur hält Radarsensor im farbigen Pop Art Comic Stil, ISIN DE000HAG0005, Illustration mit AI erstellt.

Hensoldt (ISIN DE000HAG0005) stock was trading at EUR 77.86 at Lang & Schwarz on October 12, 2026 at 9:21 a.m. CEST, 2.15 percent above the Xetra close of October 9, 2026 at EUR 76.22. On October 6, 2026, Goldman Sachs started coverage with a Neutral rating and an EUR 85.00 price target, according to Finanznachrichten.de.

Three signals from the past year

On July 31, 2026, Hensoldt reported first-half order intake of EUR 2.812 billion, twice the prior-year level, while its order backlog exceeded EUR 10.0 billion, according to Stock-World. The same report said Hensoldt reaffirmed fiscal 2026 revenue guidance of EUR 2.75 billion and an adjusted EBITDA margin range of 18.50 to 19.00 percent.

On October 3, 2026, Kepler Cheuvreux raised its recommendation to Buy and set an EUR 90.00 price target, as reported by Stock-World. On October 5, 2026, Hensoldt and Ukraine's Ministry of Defence signed a memorandum covering further radar deliveries and the development of air-defense surveillance capabilities, according to Defence Industry Europe.

What does the radar deal change?

The memorandum includes possible deployment and joint operation of TRL-4D LR long-range radars. The system has a reported range of more than 400 kilometers, according to The Defense Post. That detail gives the agreement an operational dimension beyond a standard equipment announcement, because the radar would extend the surveillance layer supporting air-defense systems.

Next dates for Hensoldt

Hensoldt's investor-relations calendar lists the nine-month 2026 quarterly statement for November 5, 2026 and the capital markets day in London for November 10, 2026, according to HENSOLDT. The two dates will put the order backlog, fiscal 2026 guidance and production expansion under a closer financial test.

Stock trades above the Xetra close

At EUR 77.86, the Lang & Schwarz price was EUR 1.64, or 2.15 percent, above the Xetra close of October 9, 2026 at EUR 76.22. The market capitalization was EUR 8.9 billion and the 52-week range was EUR 63.18 to EUR 107.00 as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Hensoldt stock.