ThyssenKrupp stock heads toward an October 28 listing catalyst

Published on 10/07/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock posted EUR 8.8 billion in Q3 2025/2026 revenue, up 7.3 percent year over year. Jefferies lifted its target from EUR 13.00 to EUR 16.50 on October 6, 2026.

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ThyssenKrupp stock was trading at EUR 13.53 on Xetra on October 7, 2026 at 1:02 p.m. CEST, down 2.42 percent from the previous session. The central date for the restructuring story is October 28, when the materials trading division tk accelis is targeted for a separate listing.

Listing plan sets the next milestone

According to Reuters on October 5, 2026, ThyssenKrupp is targeting October 28 for the separate listing of tk accelis on the German stock exchange. The planned transaction covers 49 percent of the division and supports management's effort to turn the conglomerate into a holding company with substantial operating stakes.

Reuters also reported that tk accelis generated EUR 11.4 billion in fiscal year 2024/2025 revenue and is targeting an adjusted EBITDA margin of 4 percent to 5 percent, compared with 2 percent in that historical period. The figures make the listing more than a calendar event because the division's valuation could influence how investors assess ThyssenKrupp's remaining portfolio.

Quarterly figures improve operating picture

In the third quarter of fiscal 2025/2026, revenue rose 7.3 percent year over year to EUR 8.8 billion, while adjusted EBIT increased from EUR 155 million to EUR 183 million, according to Börse Express in its report on September 11, 2026. The company had raised its fiscal-year adjusted EBIT guidance to EUR 600 million to EUR 900 million from a previous range of EUR 500 million to EUR 900 million.

The latest standardized financial data show EUR 34 million of net income for the quarter ended June 30, 2026. That positive quarterly result contrasts with the continuing pressure on the full-year outlook, which still includes a projected net loss of EUR 400 million to EUR 700 million according to the reported company guidance.

Analysts lift targets as risks remain

Finanzen.ch reported on October 7, 2026, that Jefferies raised its target from EUR 13.00 to EUR 16.50 and maintained a Buy rating. The new target lies 22.0 percent above the Xetra price of EUR 13.53, making the analyst revision a sharper valuation signal than the day's negative price movement.

A consensus published by Börse Express lists four Buy ratings, one Hold rating and no Sell ratings from five houses, with a 12-month consensus target of EUR 16.00. That target lies 18.3 percent above the current Xetra price, while the market still has to absorb execution risk around the steel turnaround and the planned listing.

Stock remains below yearly high

ThyssenKrupp stock was last at EUR 13.53 on Xetra on October 7, 2026 at 1:02 p.m. CEST, with 495,123 shares traded and a market capitalization of EUR 8.4 billion. The price stood 14.7 percent below its 52-week high of EUR 15.87 and above its 52-week low of EUR 7.12.