Rheinmetall AG (RHMG)

Currency in EUR
1,162.200
-16.600(-1.41%)
Closed·
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Fair Value
Day's Range
1,154.4001,182.600
52 wk Range
900.2002,008.000
Key Statistics
Prev. Close
1,162.2
Open
1,181.2
Day's Range
1,154.4-1,182.6
52 wk Range
900.2-2,008
Volume
131.42K
Average Volume (3m)
251.88K
1-Year Change
-25.3804%
Book Value / Share
106.81
Fair Value
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Fair Value Upside
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RHMG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1,679.381
Upside
+44.50%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Rheinmetall AG News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

18 Buy
2 Hold
1 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 1,679.381
(+44.50% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Buy1,600.00+37.67%-New CoverageAug 11, 2026
Berenberg
Buy1,600.00+37.67%1,750.00MaintainJul 08, 2026
JPMorgan
Hold1,350.00+16.16%1,500.00MaintainJul 06, 2026
Barclays
Buy2,000.00+72.09%2,035.00MaintainJul 03, 2026
Deutsche Bank
Buy1,800.00+54.88%2,100.00MaintainJul 03, 2026

Rheinmetall AG Earnings Call Summary for Q2/2026

  • Q2 sales surged 69.8% to EUR 3.289B with operating profit up 115%, but shares fell 5.7% on negative H1 cash flow of EUR 1.6B.
  • Order backlog reached EUR 80.4B (70% firm orders), driven by 476% jump in nominations to EUR 11.371B and book-to-bill above 3.0x.
  • Full-year sales guidance cut EUR 300M to EUR 13.7-14.2B after F126 naval program cancellation; 19% operating margin target maintained.
  • EUR 6.2B inventory buildup in Q2 pressured cash flow as company stockpiled materials to support future defense deliveries and contracts.
  • Management expects backlog to hit EUR 100-120B by end-2026, targeting 30%+ annual growth with naval sales reaching EUR 5B by 2030.
Last Updated: 2026/08/06, 16:24
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Earnings

Latest Release
Aug 06, 2026
EPS / Forecast
6,30 / 6,46
Revenue / Forecast
3,29B / 3,15B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 26.09%
Dividend Yield
0.98%
Industry Median 1.06%
Annualised payout
11.50
Paid annually
5-Years Growth
+41.88%
Growth Streak

RHMG Income Statement

Compare RHMG to Peers and Sector

Metrics to compare
RHMG
Peers
Sector
Relationship
P/E Ratio
44.8x33.7x11.9x
PEG Ratio
−3.090.580.03
Price/Book
10.9x2.8x1.4x
Price / LTM Sales
4.8x2.3x1.2x
Upside (Analyst Target)
37.7%−7.7%27.8%
Fair Value Upside
Unlock10.5%8.7%Unlock

Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally. The company operates through the Vehicle Systems, Weapon and Ammunition, and Electronic Solutions segments. Its Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and ammunition, protection systems, propellants, and international projects and services. Its Electronic Solutions segment offers a chain of systems network, such as sensors, networking platforms, automated connected effectors for soldiers, cyberspace protection solutions, and training and simulation solutions. The company’s products include air defense, soldier, and fire control systems; radar technology; and command, control and reconnaissance systems, as well as simulations for the army, air force, navy, and civil applications. It also engages in the aftermarket activities. The company was formerly known as Rheinmetall Berlin AG and changed its name to Rheinmetall AG in 1996. Rheinmetall AG was founded in 1889 and is headquartered in Düsseldorf, Germany.

Employees
29636
Market
Germany

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
14,91M31,95%17,57B
Other Institutional Investors
3,47M7,44%4,09B
Public Companies & Retail Investors
28,29M60,62%33,35B
Total
46,67M100,00%55,01B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.7,15%3 335 5013 931 889
Vanguard Capital Management, LLC3,82%1 783 1182 101 939

FAQ

What Is the Rheinmetall AG (RHMG) Stock Price Today?

The Rheinmetall AG stock price today is 1 162,200 EUR.

What Stock Exchange Does Rheinmetall AG Trade On?

Rheinmetall AG is listed and trades on the Frankfurt Stock Exchange.

What Is the Stock Symbol for Rheinmetall AG?

The stock symbol for Rheinmetall AG is "RHMG."

Does Rheinmetall AG Pay Dividends? What’s The Current Dividend Yield?

The Rheinmetall AG dividend yield is 0.99%.

What Is the Rheinmetall AG Market Cap?

As of today, Rheinmetall AG market cap is 55,010B EUR.

What Is Rheinmetall AG's Earnings Per Share (TTM)?

The Rheinmetall AG EPS (TTM) is 26,095.

When Is the Next Rheinmetall AG Earnings Date?

Rheinmetall AG will release its next earnings report on Nov 05, 2026.

From a Technical Analysis Perspective, Is RHMG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has Rheinmetall AG Stock Split?

Rheinmetall AG has split 1 times.

How Many Employees Does Rheinmetall AG Have?

Rheinmetall AG has 29636 employees.

What is the current trading status of Rheinmetall AG (RHMG)?

As of Aug 20, 2026, Rheinmetall AG (RHMG) is trading at a price of 1 162,200 EUR, with a previous close of 1 162,200 EUR. The stock has fluctuated within a day range of 1 154,400 EUR to 1 182,600 EUR, while its 52-week range spans from 900,200 EUR to 2 008,000 EUR.

What Is Rheinmetall AG (RHMG) Price Target According to Analysts?

The average 12-month price target for Rheinmetall AG is 1 679,381 EUR, with a high estimate of 2380 EUR and a low estimate of 1050 EUR. 18 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +44,50% Upside potential.
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