Rheinmetall stock forecast: Third-party price targets
Rheinmetall is a German defence and industrial technology group listed in Frankfurt, with activities spanning military vehicles, weapons systems, ammunition and related services, operating across Europe and beyond. Explore third-party RHM price targets and technical analysis.
Rheinmetall AG (RHM) is trading around €1,777.79 in late European dealing on 30 January 2026, moving within an intraday range of €1,770.71–€1,837.15 on Capital.com’s platform as of 4:41pm UTC. Past performance is not a reliable indicator of future results.
The session unfolds amid company news that Rheinmetall has signed a new multi-year framework contract with the Dutch armed forces for the production and delivery of around 15 different types of hand grenades, valued in the double-digit million-euro range over an initial five-year term, with an option to extend by a further two years (Investing.com, 30 January 2026). The stock is also trading against a broader backdrop in which Rheinmetall’s chief executive has recently referenced potential international order intake of about €80 billion in 2026, including large programmes for Boxer armoured vehicles and F126/F127 frigates, highlighting continued defence-spending inflows into the company’s order pipeline (Reuters, 22 January 2026).
Rheinmetall stock forecast 2026–2030: Third-party price targets
As of 30 January 2026, third-party Rheinmetall stock predictions point to a wide dispersion of views on the stock’s medium-term valuation, with most sources presenting 12-month horizons in euro or dollar terms. The figures below summarise selected third-party targets and consensus markers, all published in December 2025 or January 2026, together with the stated assumptions or context where available.
Barclays (broker revision)
Barclays lifted its Rheinmetall 12-month price target from €2,060 to €2,175, while maintaining an Overweight stance on the stock. The analyst notes that this higher marker reflects what Barclays sees as above-average long-term growth potential and a still-justified valuation premium, set against expectations for margins to peak closer to 2029–2030 (MarketScreener, 21 January 2026).
Fintel (ADR consensus snapshot)
Fintel reports that its compiled one-year average price target for Rheinmetall’s US over-the-counter line stood at about $2,610.86, with individual forecasts ranging from roughly $2,086.32 to $3,063.48. The service explains that these figures aggregate multiple analyst models and rest on assumptions around continued order intake, revenue growth and profitability in the defence segment amid persisting geopolitical uncertainty (Fintel, 14 January 2026).
MarketWatch (ADR analyst estimates)
A MarketWatch analyst-estimates page shows an average target price of about $2,223.73 for Rheinmetall’s RNMBF ADR, alongside high, median and low markers across a wide dispersion. MarketWatch indicates that these projections are based on a set of contributed analyst views and are conditioned on company-specific earnings expectations and sector-level defence-spending dynamics as assessed at the late-January review date (MarketWatch, 29 January 2026).
MarketScreener (consensus dashboard)
MarketScreener’s consensus RHM stock forecast dashboard records a mean 12-month target price of €2,195.63, derived from 19 covering analysts, against a last close of €1,795.50, with individual targets spanning from €1,650 to €2,500. The site attributes this spread to differing views on how quickly sizeable defence contracts will convert into revenue and earnings, as well as on the sustainability of the company’s margin profile over the medium term (MarketScreener, 30 January 2026).
Wallet Investor (quantitative path update)
Wallet tInvestor’s quantitative model sketches a scenario in which Rheinmetall’s Xetra-listed shares could reach around €2,281.06 at a future horizon, embedded within a broader table of projected monthly levels through the late 2020s. The provider emphasises that these outputs are generated algorithmically from historical price data rather than fundamental analyst research, and that the projections are particularly sensitive to volatility regimes and changing market conditions (Wallet Investor, 26 January 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.
RHM stock price: Technical overview
The RHM stock price is trading around €1,777.79 as of 4:41pm UTC on 30 January 2026, holding above the classic pivot near €1,544 and remaining within the broader intraday band mapped by the listed support and resistance levels. On the daily chart, the simple moving-average cluster shows the 20/50/100/200-day SMAs grouped around roughly €1,848 / €1,672 / €1,752 / €1,729, with price currently positioned between the shorter-term 20-day gauge and the rising medium-term averages. The 14-day RSI sits near 49.5 in the mid-neutral zone, while an ADX reading around 20.7 points to a trend that is present but lacks strong directional conviction at this stage.
On the topside, the first classic resistance area to watch above the market is R1 near €1,678, with the R2 band around €1,796 coming into view if price can secure a sustained daily close through that initial barrier. On pullbacks, the classic pivot at about €1,544 marks initial support, backed up by the 100-day SMA around €1,752 as a nearby moving-average shelf, and the lower S1 zone near €1,427 as the next downside reference if that cluster were to give way (TradingView, 30 January 2026).
This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Rheinmetall share price history (2024–2026)
RHM’s stock price has seen a sharp re-rating over the past two years, moving from the mid-€300s in early February 2024 to €1,777.79 at the close on 30 January 2026. The stock first pushed through €600 in late 2024, then accelerated from around €603 at the start of 2025 to roughly €1,003 by the end of February, before grinding higher through the spring and summer and finishing 2025 at €1,555.07 on 30 December.
Momentum picked up again into 2026, with the price opening the year at €1,598.11 on 2 January and climbing into the €1,900–€1,950 zone by mid-month, supported by a run of prices above €1,900 between 14 and 20 January. Since then, trading has turned choppier but has remained elevated, with bouts of intraday volatility above and below €1,800 leaving Rheinmetall back at €1,777.79 on 30 January 2026, well above its levels from a year earlier.
Past performance is not a reliable indicator of future results.
Rheinmetall (RHM): Capital.com analyst view
Rheinmetall’s share price has staged a substantial move over the past two years, climbing from below €400 in early 2024 to trade around €1,777.79 as of 30 January 2026. This re-rating has unfolded alongside a broader repricing of European defence names, with market participants focusing on higher defence budgets and a growing order pipeline. At the same time, such a rapid run-up means the stock could be more sensitive to shifts in risk appetite or signs that budget growth and contract conversion slow relative to current expectations.
On the fundamental side, management has highlighted potential international order intake of about €80 billion in 2026, linked to programmes such as Boxer armoured vehicles and F126/F127 frigates, while recent contracts include a new multi-year hand-grenade framework deal with the Dutch armed forces in the double-digit million-euro range. These developments underline the scale of the company’s opportunity set, yet they also introduce execution and political risks: not all 'potential' orders may materialise as planned, major projects can be delayed or resized, and any easing of geopolitical tensions or reallocation of government spending could weigh on future demand and, in turn, on Rheinmetall’s share price.
Capital.com’s client sentiment for Rheinmetall CFDs
As of 30 January 2026, Capital.com client positioning in Rheinmetall CFDs shows 91.4% buyers versus 8.6% sellers, a heavy-buy skew that places buyers ahead by about 83 percentage points. This one-sided tilt towards long positions keeps sentiment firmly skewed rather than balanced. This snapshot reflects open CFD positions on Capital.com and can change over time.

Summary – Rheinmetall 2026
- Rheinmetall’s share price moved from around €600 in early 2025 to €1,555.07 by 30 December 2025, marking a strong re-rating heading into early 2026.
- As of 30 January 2026, the stock trades near €1,777.79 within an intraday range of €1,770.71–€1,837.15, with recent sessions characterised by swings in the €1,800–€1,900 area.
- Technicals show price trading above a medium-term moving-average cluster, with the 50-, 100- and 200-day SMAs broadly in the €1,670–€1,730 zone and RSI around mid-neutral levels.
- Recent news flow includes guidance on a potential €80 billion international order intake for 2026 and a multi-year hand-grenade framework contract with the Dutch armed forces.
Past performance is not a reliable indicator of future results.
FAQ
Who owns most of Rheinmetall stock?
Rheinmetall has a widely distributed shareholder base, with its largest stakes typically held by institutional investors rather than a single controlling owner. These include asset managers, pension funds and other long-only investment vehicles, mainly based in Europe and North America. The company does not have a dominant majority shareholder, which means changes in institutional positioning, index inclusion or exclusion, and broader fund flows can all influence the stock’s trading dynamics over time.
What is the five-year Rheinmetall share price forecast?
There is no single, widely agreed five-year RHM stock forecast. Most published third-party targets focus on 12-month horizons, reflecting the uncertainty involved in projecting defence spending cycles, contract timing and margins several years ahead. Longer-term views tend to vary widely depending on assumptions around sustained government budgets, execution of large programmes and geopolitical developments, all of which can materially alter the company’s earnings trajectory over time.
Is Rheinmetall a good stock to buy?
Whether Rheinmetall is considered 'good' depends on an individual’s objectives, risk tolerance and market outlook. Supporters often point to strong order visibility and elevated defence spending, while risks include valuation sensitivity, execution challenges, and political or budgetary shifts. As with any equity, Rheinmetall’s share price can be volatile, and positive developments may already be reflected in current levels. This information is for general purposes only and does not constitute investment advice, and should be weighed alongside independent research.
Could Rheinmetall stock go up or down?
Rheinmetall’s share price can move both higher and lower, sometimes sharply, in response to news, earnings updates, contract announcements or changes in broader market sentiment. Factors such as defence budget decisions, project delays, currency movements and shifts in geopolitical conditions can all affect expectations. Technical factors and positioning may also influence shorter-term price action. Past price performance does not guarantee future outcomes, and losses as well as gains are possible.
Should I invest in Rheinmetall stock?
Deciding whether to invest in Rheinmetall is a personal decision that depends on your financial situation, time horizon and appetite for risk. Shares in defence companies can be sensitive to political decisions and global events, which adds an extra layer of uncertainty. It’s important to consider both potential opportunities and downside risks, and to seek independent advice if needed. Nothing here should be taken as a recommendation to buy or sell Rheinmetall shares.
Can I trade Rheinmetall CFDs on Capital.com?
Yes, you can trade Rheinmetall 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.