Knorr-Bremse stock: Jefferies lifts target to EUR 126 for Knorr-Bremse stock

Published on 10/20/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue reached EUR 1.937 billion in 2026. Knorr-Bremse stock costs EUR 96.78 on October 20, 2026, down 1.80 percent versus the Xetra close.

Analyst target and operating figures

Jefferies raised its Knorr-Bremse target from EUR 125.00 to EUR 126.00 on October 9, 2026.
Revenue reached EUR 1.937 billion in the first quarter of 2026, alongside EUR 261.00 million in operating EBIT.
Knorr-Bremse stock costs EUR 96.78 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST, 1.80 percent below the Xetra close of EUR 98.55.
Knorr-Bremse is scheduled to release third-quarter 2026 results on October 28, 2026.

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Jefferies raised its price target for Knorr-Bremse from EUR 125.00 to EUR 126.00 on October 9, 2026, while maintaining a Buy rating, according to MarketScreener. The target is 30.19 percent above the EUR 96.78 price. Knorr-Bremse stock was trading at EUR 96.78 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST, down 1.80 percent versus the Xetra close of October 19, 2026 at EUR 98.55.

Revenue supports the investment case

Knorr-Bremse's investor-relations page lists revenue of EUR 1.937 billion and operating EBIT of EUR 261.00 million for the first quarter of 2026. It also reports free cash flow of EUR 32.00 million for that period, according to Knorr-Bremse. These figures give the analyst target a current operating reference rather than leaving the valuation discussion dependent on price alone.

Stock remains below its yearly high

The stock's 52-week range was EUR 77.50 to EUR 115.60 as of October 20, 2026. At EUR 96.78, the price stood 16.28 percent below the high and 24.88 percent above the low. Trading volume was 35,304 shares at the same timestamp, while the price-to-earnings ratio was 26.63.

Results date sets the next checkpoint

Knorr-Bremse is scheduled to release third-quarter 2026 results on October 28, 2026, a date listed in the company calendar reported by MarketScreener. Jefferies said the quarter should meet expectations and that incoming orders could provide a positive surprise, while it identified weakness in European rail freight and United States trucking regulation as short-term risks.

How does the target compare?

The EUR 126.00 target is 30.19 percent above the Lang & Schwarz price, but it remains below the stock's EUR 115.60 52-week high only when measured against the current market level? The relevant comparison is the current price: EUR 96.78 is 16.28 percent below that high. The combination of first-quarter operating EBIT of EUR 261.00 million, free cash flow of EUR 32.00 million and the October 28 reporting date gives investors three dated checkpoints for assessing the target.

Target and results remain in view

Jefferies' October 9 target increase places the emphasis on order intake and the upcoming third-quarter figures. The stock's EUR 96.78 price remains below the EUR 126.00 target and the EUR 115.60 yearly high. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.