Jefferies raises target for Knorr-Bremse stock to EUR 126.00
Published on 10/26/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and operating figures
- Jefferies lifted its Knorr-Bremse target from EUR 125.00 to EUR 126.00 on October 9, 2026.
- First-quarter 2026 revenue was EUR 1.937 billion, while operating EBIT reached EUR 261.00 million.
- Knorr-Bremse stock traded at EUR 96.50 at 10:09 a.m. CET at Lang & Schwarz on October 26, 2026, 0.73 percent above the Xetra close of October 23, 2026.
Knorr-Bremse (ISIN DE000KBX1006) stock traded at EUR 96.50 at Lang & Schwarz on October 26, 2026 at 10:09 a.m. CET, up 0.73 percent versus the Xetra close of October 23, 2026 at EUR 95.80. The latest company-specific catalyst is Jefferies' raised price target, while the next quarterly report is approaching.
For investors, the target revision matters because it places a concrete valuation reference above the current German quote.
What does the target imply?
According to FinanzNachrichten.de, Jefferies lifted its target from EUR 125.00 to EUR 126.00 on October 9, 2026 and kept its Buy rating. The target is 30.57 percent above the Lang & Schwarz price, calculated from EUR 96.50 and EUR 126.00. The analyst cited weakness in European rail freight and regulatory uncertainty in the US truck market as short-term risks, while pointing to Knorr-Bremse's order books.
Quarterly figures offer a base
Knorr-Bremse reported first-quarter 2026 revenue of EUR 1.937 billion, operating EBIT of EUR 261.00 million and free cash flow of EUR 32.00 million on its investor-relations page. These figures put operating EBIT at 13.47 percent of revenue for the period and give the coming report a clear profitability benchmark.
The company operates in rail vehicle systems and commercial vehicle systems, supplying braking, control, steering and related technologies. Its Munich headquarters and Xetra listing keep the stock closely tied to European industrial and transport demand.
When are the next figures due?
MarketBeat lists October 29, 2026 as the estimated next earnings date, after the market closes. Its consensus calls for USD 0.31 in earnings per share and USD 2.38 billion in revenue, figures that are separate from Knorr-Bremse's reported euro accounts.
Valuation remains below the target
Knorr-Bremse's market capitalization was EUR 15.6 billion on October 26, 2026. The same quote showed a 52-week range of EUR 77.50 to EUR 115.60, placing the stock below its yearly high while the analyst target remains above both the current quote and the upper end of that range.
Knorr-Bremse was trading at EUR 96.50 at Lang & Schwarz on October 26, 2026 at 10:09 a.m. CET, 0.73 percent above the Xetra close of October 23, 2026 at EUR 95.80. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.
Knorr-Bremse key data
- Company: Knorr-Bremse Aktiengesellschaft
- ISIN: DE000KBX1006
- WKN: KBX100
- Ticker: KBX
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 26, 2026, 10:09 a.m. CET): EUR 96.50
- Change versus Xetra close: plus 0.73 percent
- Xetra close (October 23, 2026): EUR 95.80
- Market capitalization: EUR 15.6 billion (as of October 26, 2026)
- 52-week range: EUR 77.50-EUR 115.60 (as of October 26, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Parts
Market context: Market report DAX.
