Renk stock forecast: FY2025 results, 2026 guidance update
Renk (R3NK) is a German defence supplier. On 5 March 2026 it reported FY2025 revenue of €1.37bn and adjusted EBIT of €230m, with FY2026 guidance above €1.5bn and a €6.68bn backlog. Past performance is not a reliable indicator of future results. Explore third-party R3NK price targets.
Renk Group AG (R3NK) is trading at €55.19 as of 12:58pm UTC on 5 March 2026, within an intraday range of €55.02–€59.44, pulling back from session highs after the stock closed at €58.70 on 4 March 2026, according to available market data. Past performance is not a reliable indicator of future results
Price action on 5 March 2026 follows the release of Renk's full-year 2025 results, in which the company reported consolidated revenue of €1.37 billion – up 19.8% year-on-year – and adjusted EBIT of €230 million, landing at the upper end of its guided range; for fiscal 2026, management guided for revenue above €1.5 billion and adjusted EBIT of €255 million–€285 million, with the guidance midpoint reported to sit approximately 2% below analyst consensus (Investing.com, 5 March 2026). Renk's record order backlog of €6.68 billion (Yahoo Finance, 5 March 2026) and plans to open new service and production facilities in Poland (The Defense Post, 4 March 2026) provide further operational context, while Germany's approved 2026 defence budget of approximately €108 billion continues to underpin sector-wide demand for domestic defence suppliers (DESI, 3 December 2025).
Renk stock forecast 2026–2030: Third-party price targets
As of 5 March 2026, third-party Renk stock predictions reflect a range of individual house targets shaped by European defence spending trends, order backlog execution, and post-results earnings revisions. The following briefs summarise leading broker and consensus views published in late February and March 2026, ordered from lower to higher targets.
BNP Paribas (upgrade to outperform)
BNP Paribas upgraded Renk to Outperform from Neutral and trimmed its 12-month price target to €65 from €66. The broker cites the stock's recent underperformance versus European defence peers and a valuation discount despite expectations of faster earnings growth, adding that management commentary ahead of the 5 March results suggests consensus forecasts for orders, revenue, and profitability remain within reach (Investing.com, 6 February 2026).
Warburg Research (upgrade and target lift)
Warburg Research raised its Renk price target to €63 from €57 and upgraded the stock to Buy. The firm points to the stock's recent correction as improving its risk/reward profile, citing what it describes as a 'healthy recalibration' of consensus estimates and long-term predictability in the defence business amid a structural 'supercycle' in European rearmament (MarketScreener, 9 February 2026).
J.P. Morgan (initiation – buy)
J.P. Morgan initiated coverage of Renk with a Buy rating and a price target of €65. The bank links its initiation to the defence equipment procurement cycle across NATO member states, citing Germany's rising rearmament budget as a potential revenue tailwind for Renk's drivetrain and propulsion divisions (The Globe and Mail, 11 February 2026).
Berenberg (target trim – buy maintained)
Berenberg trimmed its Renk price target to €76 from €84 while maintaining a Buy rating, with the revision reflecting an increase in the discount rate assumption from 6.34% to 6.55% as of early February 2026. The broker keeps revenue growth expectations stable at approximately 16.50% and frames the cut as a recalibration of risk rather than a reassessment of Renk's underlying business, noting the stock's free cash flow yield as a differentiating factor relative to broader European defence peers (Yahoo Finance, 5 February 2026).
Alpha Spread (consensus aggregation)
Alpha Spread aggregates Wall Street analyst 12-month price targets for Renk at an average of €72.04, with a low estimate of €53.53 and a high of €80.85 as of its February 2026 update. The platform notes that the dispersion reflects differing assumptions on order backlog execution pace, earnings growth visibility, and European defence sector risk premia (Alpha Spread, 28 February 2026).
Investing.com (post-results consensus, 5 March 2026)
Following Renk's full-year 2025 results release on 5 March 2026, Investing.com notes that the company's fiscal 2026 adjusted EBIT guidance midpoint of approximately €270 million sits around 2% below analyst consensus, with revenue guidance of above €1.5 billion broadly in line with market expectations. The report adds that the record order backlog of €6.68 billion and a proposed dividend increase of 38% to €0.58 per share provide the key operational reference points for brokers revising their models post-results (Investing.com, 5 March 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
R3NK stock price: Technical overview
The R3NK stock price trades at €55.19 as of 12:58pm UTC on 5 March 2026, sitting below every key moving average on the daily chart. The 20/50/100/200-day SMAs are arrayed at approximately €58 / €58 / €59 / €65 respectively, all pointing lower, with the price trading at a meaningful discount to the entire MA stack – a configuration that keeps the near-term trend under pressure.
Momentum indicators lean negative: the 14-day RSI stands at 43.79, a lower-neutral reading that has yet to approach oversold territory, while the ADX at 10.19 flags an exceptionally weak trend, suggesting the move so far lacks strong directional conviction. The Ichimoku Base Line at €55.53 is the one nearby reference sitting close to the current price, and a sustained slip beneath it would remove a nearby technical reference point.
On the topside, the classic pivot (P) at €55.90 is the immediate reference to reclaim; a daily close above it would bring R1 at €62.69 into view, with R2 at €68.45 the next meaningful level should buying pressure increase. The 20-day and 50-day SMAs, converging near €58, represent the key overhead resistance shelf – a close through that cluster would be required to shift the short-term picture toward neutral.
On pullbacks, S1 at €50.14 is the first defined support below current levels; losing that would open the path toward the S2 area at €43.35. The 100-day SMA near €59 and the 200-day SMA near €65 remain well above price and act as ceilings rather than floors for now, underscoring the extent of the recent drawdown from the stock's 52-week highs (TradingView, 5 March 2026).
This is technical analysis for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Renk share price history (2024–2026)
Renk (R3NK) listed on the Frankfurt Stock Exchange in December 2023 as part of a partial IPO backed by private equity firm Triton, and quickly attracted attention as a pure-play European defence name.
Over the past two years, R3NK’s stock price was defined by a sharp run-up and an equally sharp correction. R3NK climbed steadily through mid-2025 and peaked at an intraday high of €90.37 on 6 October 2025, after accelerating European rearmament budgets and a record order intake. From that peak, the stock fell roughly 47% to close at €48.22 on 1 December 2025, as investors rotated out of expensive defence names and the broader sector repriced against stretched valuations.
A partial recovery followed into the new year, with R3NK closing 2025 at €54.08 on 30 December and pushing back to €66.13 by 12 January 2026 – a 37% rebound from the December trough. That recovery ran out of momentum quickly; a second leg lower brought the stock back to €51.40 by 5 February 2026, a 22% pullback from the January peak amid concerns that management's 2026 guidance would disappoint consensus expectations.
R3NK was at €55.29 on 5 March 2026, broadly flat year to date versus the 2 January 2026 close of €55.56, and approximately 2.2% above the 30 December 2025 year-end close.
Past performance is not a reliable indicator of future results.
Renk (R3NK): Capital.com analyst view
Renk's price performance over the past two years reflects the broader surge in European defence sentiment, with the stock reaching an intraday high of €90.37 in October 2025 before giving back a substantial portion of those gains. The company's record order backlog of €6.68 billion and a 19.8% revenue increase in fiscal 2025 provide context for longer-term expectations, as Germany targets defence spending of up to €152 billion annually by 2029 and NATO allies accelerate procurement timelines. For those watching the stock, the question is less whether demand exists and more whether the valuation already reflected much of that optimism during the 2025 rally.
The counterarguments deserve equal weight. Management's 2026 adjusted EBIT guidance midpoint of approximately €270 million landed around 2% below analyst consensus at the time of the 5 March results, raising questions about near-term earnings delivery against elevated expectations. Execution risks, including backlog conversion timelines, supply chain constraints, and potential shifts in European procurement priorities or fiscal policy, could weigh on sentiment even as the macro backdrop remains supportive. The stock's pullback from its highs suggests that some of these risks are already being priced in, though the degree to which they are fully reflected remains a matter of ongoing debate among market participants.
Summary – Renk 2026
- Renk (R3NK) trades at €55.19 as of 12:58pm UTC on 5 March 2026, broadly flat year to date and approximately 46% below the October 2025 intraday high of €90.37.
- All key moving averages sit above the current price, with the 14-day RSI at 43.79 and ADX at 10.19, indicating a weak, directionless trend with modest downside momentum.
- The primary structural driver is European rearmament, with Germany's rising defence budget and Renk's record €6.68 billion order backlog underpinning long-term revenue visibility for the company.
- Fiscal 2025 results released on 5 March 2026 confirmed 19.8% revenue growth to €1.37 billion, though the 2026 EBIT guidance midpoint came in approximately 2% below prior analyst consensus.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Renk stock?
Renk is a publicly listed company, so ownership is typically split between institutional investors, company insiders and retail shareholders. The largest individual holders can change over time as funds rebalance, lock-ups expire or new disclosures are filed. If you’re checking who owns the most shares, look for the latest shareholder disclosures and regulatory filings, as these provide the most reliable snapshot of major positions at a specific date.
What is the 5 year Renk share price forecast?
There isn’t a single, dependable five-year forecast for Renk’s share price. Most published estimates focus on 12-month price targets and can change quickly after earnings releases, guidance updates or shifts in defence spending expectations. A longer-term view typically depends on assumptions about order backlog conversion, margins, capital expenditure and procurement timelines. Treat long-range forecasts as scenarios rather than outcomes, and compare multiple sources.
Is Renk a good stock to buy?
Whether Renk is 'good' depends on your goals, timeframe and risk tolerance, and this article can’t make a buy or sell judgement. The bullish case often references sector demand and Renk’s order backlog, while the cautious view focuses on valuation sensitivity and execution risks such as delivery timing and margin outcomes. If you’re assessing it, consider both the upside drivers and what could go wrong, including how results compare with expectations.
Could Renk stock go up or down?
Yes. Like any listed share, Renk’s price can move up or down, sometimes sharply, especially around results, guidance updates and sector news. In this article’s context, investor focus includes defence spending assumptions, backlog execution and whether earnings guidance aligns with market expectations. Technical levels and momentum indicators may describe recent price behaviour, but they don’t predict future moves. Always factor in volatility risk and the possibility of losses.
Should I invest in Renk stock?
Only you can decide, and nothing here is investment advice. If you’re considering exposure, start by clarifying your objectives and what risks you can accept, including the chance of losing money. Then weigh company-specific factors such as guidance, margins and backlog conversion against broader drivers like procurement priorities and fiscal policy. If you’re unsure, consider speaking with an independent financial adviser who can assess suitability for your situation.
Can I trade Renk (R3NK) CFDs on Capital.com?
Yes, you can trade Renk CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.