Rheinmetall Shares Plunge After German Defence Giant Cuts 2026 Forecasts
16 Articles
16 Articles
The German arms manufacturer Rheinmetall has lowered its revenue forecast because it missed out on several large orders from the German government. For the whole of 2026, the company expects revenue of 13.2 billion euros. Previously, the group had projected 13.7 to 14.2 billion euros. Investors played it safe. The stock lost more than 16 percent on the German stock exchange.
18 percent minus in one day, cut forecast and low-red cash flow: Rheinmetall's stock market story is on the test. Is that the beginning of the end – or the great opportunity for entry? Analysts provide a surprisingly clear answer.
First, a frigate contract dissolves into thin air, then billions of deals will probably be signed later. Despite strong growth, the Rheinmetall story gets scraped. The Group must continue to break down the annual targets that have already been worked out.
Since the beginning of the year, Rheinmetall has been down about 35 percent. After a further reduction in its forecast, analysts are now reducing their price targets.
Rheinmetall shares temporarily break down by more than 16 percent. Why the armaments company lowers its forecast despite record business.
Rheinmetall's shares fall sharply on Thursday (5), after the German defence group reduced its annual projections for the second time this year due to delays in some highly lucrative applications. This is the latest setback for the company, which had already lost a large contract for the construction of frigates with the German government. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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