Knorr-Bremse stock trades 7.79 percent below its yearly high

Published on 09/24/2026 at 14:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Knorr-Bremse stock traded at EUR 106.60 on September 24, 2026, below its EUR 115.60 yearly high. Q2 revenue reached EUR 2.143 billion and free cash flow EUR 294 million.

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Knorr-Bremse (ISIN DE000KBX1006) was trading at EUR 106.60 on Xetra on September 24, 2026, up 0.85 percent and 7.79 percent below its 52-week high of EUR 115.60. The share price sits between a strong operating quarter and divided analyst expectations. Investing.com reported on September 23, 2026, that Bank of America targeted EUR 133, while JPMorgan kept a Neutral rating and a EUR 108 target.

Q2 revenue reaches EUR 2.143 billion

Knorr-Bremse reported Q2 2026 revenue of EUR 2.143 billion, operating EBIT of EUR 305 million and free cash flow of EUR 294 million on its investor relations page dated July 29, 2026. The combination gives investors three distinct signals: scale, operating earnings and cash conversion.

The company also reached an operating EBIT margin of 14.2 percent in Q2 2026, according to Investing.com. The order backlog stood at EUR 7.9 billion, making execution in the rail and commercial vehicle businesses the central operating measure.

Analyst targets split the market

The target spread is material. Bank of America raised its target from EUR 130 to EUR 133 on September 18, 2026, while JPMorgan maintained EUR 108 on September 16, 2026, according to Investing.com. That EUR 25 gap shows that the market is weighing rail growth against more cautious truck demand assumptions.

Marketscreener listed a consensus target of EUR 119.73 from 15 analysts on September 23, 2026. Compared with the Xetra price of EUR 106.60, that target implies a difference of EUR 13.13, or 12.32 percent.

Xetra price remains below peak

Knorr-Bremse stock stood at EUR 106.60 on Xetra on September 24, 2026, with a 0.85 percent intraday gain. Its EUR 115.60 52-week high leaves the share 7.79 percent below the yearly peak, while Q2 operating EBIT of EUR 305 million provides the latest reported earnings anchor.