Rheinmetall AG Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Rheinmetall AG stock has a consensus rating of "Buy" and an average price target of €1,677. The average 1-year stock price forecast is 38.14% higher than the current stock price, while the lowest is €1,050 (-13.51%) and the highest is €2,380 (+96.05%).

Price Target: €1,677 (+38.14%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	€1,050	€1,677	€1,600	€2,380
Change	-13.51%	+38.14%	+31.80%	+96.05%

Analyst Ratings

The average analyst rating for Rheinmetall AG stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	11	11	14	14	14	14
Buy	4	4	4	4	3	4
Hold	6	6	3	2	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	1
Total	21	21	21	20	20	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Colin Moody RBC Capital	RBC Capital	Buy Maintains €1,600	Buy	Maintains	€1,600	+31.80%	Aug 11, 2026
Christian Cohrs Warburg Research	Warburg Research	Buy Maintains €1,500	Buy	Maintains	€1,500	+23.56%	Aug 10, 2026
Christoph Laskawi Deutsche Bank	Deutsche Bank	Buy Maintains €1,800	Buy	Maintains	€1,800	+48.27%	Aug 7, 2026
Sam Burgess Goldman Sachs	Goldman Sachs	Buy Maintains €2,300	Buy	Maintains	€2,300	+89.46%	Aug 6, 2026
David Perry J.P. Morgan	J.P. Morgan	Hold Maintains €1,350	Hold	Maintains	€1,350	+11.20%	Aug 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.97B

from 9.94B

40.60%

from 9.94B

Revenue Next Year

18.73B

from 13.97B

34.11%

from 13.97B

EPS This Year

37.14

from 24.56

51.19%

from 24.56

EPS Next Year

53.51

from 37.14

44.07%

from 37.14

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.66B	6.41B	7.18B	7.72B	9.94B	13.97B
Revenue Growth	4.68%	13.29%	11.95%	7.51%	28.78%	40.60%
Gross Profit	3.03B	3.38B	3.94B	4.15B	5.20B	6.24B
Gross Margin	53.55%	52.73%	54.86%	53.84%	52.38%	44.67%
Operating Income	625.00M	736.00M	858.00M	1.33B	1.67B	2.57B
Net Income	291.00M	474.00M	535.00M	717.00M	696.00M	1.58B
EPS	-	-	-	-	24.56	37.14
EPS Growth	-	-	-	-	41.23%	51.19%
Forward PE	9.39	14.83	16.16	21.87	38.59	32.69
Dividend / Share	3.30	4.30	5.70	8.10	11.50	14.14
Dividend Growth	65.00%	30.30%	32.56%	42.11%	41.98%	22.97%
Free Cash Flow	275.25M	-280.00M	526.88M	711.21M	979.39M	2.49B
No. Analysts	-	-	-	-	-	20

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	14.5B
Avg	14.0B
Low	13.7B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	45.9%
Avg	40.6%
Low	37.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	41.89
Avg	37.14
Low	32.48

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	70.5%
Avg	51.2%
Low	32.2%