Why did Rheinmetall stock fall today?

Management flagged revenue guidance below consensus and a softer 2026 outlook on a pre‑close call. That raised concerns about margin timing and delivery cadence. Investors rotated out of German defense names, awaiting clarity on growth and profitability at the upcoming March results. Sentiment turned cautious until execution improves.

What are the new price targets for RHM.DE?

Jefferies cut its target to €2,060 and kept a Buy rating. JPMorgan lowered its target to €2,130 and kept Overweight. From a recent price near €1,760.5, these imply roughly 17% to 21% upside if execution and margins track guidance in 2025 and 2026.

When are the next results and what should I watch?

Rheinmetall reports on 11 March 2026. Watch order intake, backlog conversion, and segment margin bridges. Guidance for 2026 revenue, mix, and cash flow will be key. We also track working capital, especially inventory days and cash conversion, to gauge the pace and quality of scaling.

Is Rheinmetall still a buy after the outlook cut?

Analysts stayed positive long term, but the bar for execution is higher. Rheinmetall stock trades at a rich valuation, so delivery on orders and margins must be strong. Many investors will seek confirmation at the March update and use technical levels to time entries, given overbought signals.

Global Market Insights

RHM.DE Stock Today: February 05 — Weak 2026 Outlook Triggers PT Cuts

ByHuzaifa Zahoor February 5, 2026February 5, 2026

Rheinmetall stock fell after management flagged revenue guidance below consensus and a softer 2026 outlook. On the Xetra listing RHM.DE, investors now weigh growth against margins and delivery risks in Germany’s ramp‑up phase. Jefferies and JPMorgan cut targets but kept positive ratings, putting focus on mid‑March results. We break down what changed, how analysts reacted, and which technical and valuation markers matter for German retail investors today.