Schaeffler stock reports higher EBIT as Jefferies cuts target

Published on 09/28/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies lowered its Schaeffler target from EUR 9.45 to EUR 8.70 on September 23, 2026, while keeping Buy. First-half EBIT rose to EUR 549 million.

Schwarzweiß-Reportagefoto eines Metallarbeiters an Präzisionsmaschine, Schaeffler AG — Schaeffler AG (DE000SHA0100) steht für Präzisionsmetallverarbeitung, dokumentiert hier als dokumentarische Schwarzweiß-Reportage eines Werkarbeiters, Illustration mit AI erstellt.

Schaeffler stock (ISIN DE000SHA0100) was trading at EUR 6.59 on Xetra on September 28, 2026 at 9:51 a.m. CEST, down 0.60 percent from the prior close. The latest analyst move came on September 23, when finanzen.net reported that Jefferies kept its Buy rating but cut the price target from EUR 9.45 to EUR 8.70.

EBIT rises in first half

Schaeffler generated EUR 11,667 million in revenue in the first half of 2026, compared with EUR 11,845 million in the prior-year period. According to AFM on September 2, 2026, revenue grew 0.40 percent on a constant-currency basis.

Profitability provided the stronger signal. EBIT before special items increased to EUR 549 million from EUR 482 million, while the corresponding margin advanced to 4.70 percent from 4.10 percent, according to the same interim report published by AFM.

Target cut keeps valuation debate alive

Jefferies' target reduction leaves EUR 8.70 as the published level, while its Buy rating remained unchanged. The analyst commentary cited Schaeffler's lower 2028 targets as a credibility setback but also pointed to self-help potential and the company's non-automotive robotics activities.

Credit quality offers a separate reference point. Fitch Ratings revised Schaeffler's outlook to Positive from Stable on September 11, 2026, while affirming the Long-Term IDR at BB+. Fitch also cited a 6.00 percent EBIT margin as a medium-term expectation and identified an EBIT margin below 6.00 percent as a negative rating sensitivity.

November results set the next checkpoint

Schaeffler's investor-relations calendar lists November 3, 2026 for the publication of its nine-month results, giving the market a defined test for the profitability trend. Until then, the key contrast is clear: first-half EBIT improved by EUR 67 million, while revenue remained below the prior-year EUR 11,845 million.

Schaeffler stock was trading at EUR 6.59 on Xetra on September 28, 2026 at 9:51 a.m. CEST. Its 52-week range was EUR 5.63 to EUR 11.98, and market capitalization stood at EUR 6.2 billion.