Jefferies raises target to EUR 48: PVA TePla stock falls 3.55 percent

Published on 10/20/2026 at 09:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept its Buy rating on October 14, 2026. PVA TePla stock costs EUR 29.32 on October 20, 2026, 3.55 percent below its Xetra close.

Late-year execution and valuation

Jefferies lifted its target from EUR 47 to EUR 48 on October 14, 2026.
PVA TePla reported first-half 2026 revenue of EUR 120.54 million versus EUR 119.60 million.
PVA TePla stock trades at EUR 29.32 at 9:38 a.m. CEST at Lang & Schwarz on October 20, 2026, 3.55 percent below the Xetra close of October 19, 2026.

Pop-Art-Comic eines Wissenschaftlers an einer leuchtenden Kristallzuchtmaschine — PVA TePla AG (DE0007461006) im Pop-Art-Comic mit Wissenschaftler an riesiger Kristallzuchtmaschine dargestellt, Illustration mit AI erstellt.

PVA TePla (ISIN DE0007461006) stock was trading at EUR 29.32 at Lang & Schwarz on October 20, 2026, at 9:38 a.m. CEST, 3.55 percent below the Xetra close of October 19, 2026, at EUR 30.40. Boersen-Zeitung reported on October 14, 2026, that Jefferies raised its target from EUR 47 to EUR 48 and retained its Buy rating.

Jefferies raises the valuation bar

The target increase came ahead of PVA TePla's third-quarter figures. Jefferies analyst Constantin Hesse expected performance to improve from the previous quarter, while emphasizing the importance of the final-quarter delivery against the company outlook, according to Boersen-Zeitung.

What does late-year execution mean?

PVA TePla generated EUR 120.54 million of revenue in the first half of 2026, versus EUR 119.60 million in the first half of 2025, an increase of 0.79 percent. First-half order intake reached EUR 186.68 million, while full-year revenue guidance stood at EUR 255 million to EUR 275 million and EBITDA guidance at EUR 26 million to EUR 31 million, according to NadirAlpha on October 7, 2026.

Three dates shaped the stock

On August 6, 2026, PVA TePla reported first-half revenue of EUR 120.54 million, according to NadirAlpha. On October 2, 2026, the company outlook cited revenue guidance of EUR 255 million to EUR 275 million, the same source reported. On October 14, 2026, Jefferies lifted its target to EUR 48 from EUR 47, as Boersen-Zeitung reported.

Two dates are already scheduled

PVA TePla's investor-relations calendar lists the third-quarter interim report and conference call for November 5, 2026, followed by the German Equity Forum on November 23, 2026, according to the company's Investor Relations page.

Stock remains below its yearly high

The finance snapshot places PVA TePla's market capitalization at EUR 608.3 million as of October 20, 2026. Its 52-week range is EUR 19.67 to EUR 46.74, putting the current Lang & Schwarz price 37.27 percent below the upper end of that range. The contrast is clear: Jefferies sees EUR 48, while execution in the final quarter remains the immediate earnings test.

PVA TePla was trading at EUR 29.32 at Lang & Schwarz on October 20, 2026, at 9:38 a.m. CEST, 3.55 percent below the Xetra close of October 19, 2026, at EUR 30.40. The further course of trading is shown by the continuously updated real-time quote of PVA TePla stock.