ThyssenKrupp stock gains 4.28 percent before capital markets day

Published on 09/22/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock gained 4.28 percent on September 22, 2026, while Citigroup set a EUR 20 target. Third-quarter adjusted EBIT reached EUR 183 million.

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ThyssenKrupp stock gained 4.28 percent in Frankfurt on September 22, 2026, as the industrial group approaches its capital markets day. The move followed a September 18 Xetra close of EUR 15.20, down 2.5 percent from the previous session, with volume of approximately 893,000 shares.

Capital markets day sets the next test

According to Trading Treff on September 21, 2026, ThyssenKrupp plans its capital markets day for September 28, 2026. The event is expected to address the transformation into a more streamlined holding structure and the future of Steel Europe.

The steel division remains a central valuation issue. According to Trading Treff on September 21, 2026, discussions about a sale to Jindal Steel were suspended, while a partial stock-market listing was among the options under discussion.

EBIT rises to EUR 183 million

The operating figures provide a measurable basis for the restructuring debate. In the third fiscal quarter, adjusted EBIT reached EUR 183 million, which was EUR 28 million above the prior-year figure, according to Trading Treff on September 21, 2026. ThyssenKrupp also expected full-year adjusted EBIT of EUR 600 million to EUR 900 million, compared with an earlier floor of EUR 500 million.

The comparison is material for investors: the latest quarterly EBIT was EUR 28 million higher year over year, while the updated full-year range starts EUR 100 million above the previous minimum outlook. That operating improvement must be assessed alongside the unresolved steel strategy and the valuation gap between individual analyst views.

Price targets remain widely separated

According to Trading Treff on September 21, 2026, Citigroup set a price target of EUR 20 and recommended buying the stock. The same report cited an average target of EUR 16.38 from eight analysts, placing the average closer to the recent market price than Citigroup's view.

That spread of EUR 3.62 between the Citigroup target and the cited analyst average quantifies the market's differing assumptions about the restructuring. The September 28 event therefore matters because details on Steel Europe, tk Accelis and the future holding structure can affect how investors assess the EUR 20 target against the EUR 16.38 average.

Stock trades at EUR 15.20

ThyssenKrupp stock closed at EUR 15.20 on Xetra on September 18, 2026, after moving between EUR 15.14 and EUR 15.64. The close was EUR 0.06 above the session low and EUR 0.44 below the session high, while the September 18 decline was 2.5 percent from the previous Xetra close.