Rheinmetall stock slips as fresh order meets results-week test
Published on 10/30/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrder volume meets a near-term test
- OCCAR commissioned 69 additional Schakal vehicles for Germany and the Netherlands.
- Rheinmetall puts its share of the two option call-offs in the medium three-digit million-euro range.
- Deliveries are planned from May 2032 through November 2033, while the programme total rises to 291 vehicles.
Rheinmetall stock is lower than in the previous report as investors weigh a new armoured-vehicle order against the company's next earnings date. The real-time quote of Rheinmetall stock was 1,030.30 euros on Lang & Schwarz at 16:12:20 CEST on Friday, October 30, 2026, 1.71 percent below the Xetra close of Thursday, October 29.
That quote was 2.48 percent below the 1,056.50 euros recorded at 17:00:20 CEST on Thursday, October 29, in the latest report. The comparison reflects a market-price change and does not establish that the Schakal order caused the move.
Schakal programme expands further
In a press release dated October 29, 2026, Rheinmetall said that OCCAR had commissioned Artec GmbH to deliver 35 Schakal wheeled infantry fighting vehicles to Germany and 34 to the Netherlands.
Artec is a joint venture between Rheinmetall and KNDS Deutschland and the prime contractor for the Boxer. Rheinmetall said its share of the two option call-offs falls in the medium three-digit million-euro range. Deliveries are currently planned between May 2032 and November 2033.
The latest call-off builds on a main contract awarded in October 2025 for 222 vehicles, which included options for up to 200 more. The programme total will rise to 291 vehicles. The Schakal combines the Boxer wheeled chassis with the tracked Puma's turret and uses Rheinmetall's MK 30-2/ABM weapon system, complemented by the MELLS anti-tank guided missile.
Results remain the next catalyst
The order adds contracted volume to Rheinmetall's vehicle business, but the planned delivery window places the financial contribution well beyond the next reporting date. The company is scheduled to publish its third-quarter results on November 5, 2026, giving investors a nearer-term focus for margins, order intake and execution.
Rheinmetall AG stock facts
- Company: Rheinmetall AG
- ISIN: DE0007030009
- WKN: 703000
- Ticker: RHM
- Primary exchange: Xetra
- Lang & Schwarz quote: 1,030.30 euros at 16:12:20 CEST on October 30, 2026
- Change versus Xetra close: -1.71 percent versus 1,048.20 euros on October 29, 2026
- Next scheduled event: Third-quarter results on November 5, 2026
German equities remain in focus alongside the DAX market environment.
