Rheinmetall stock forecast: Third-party price targets
Rheinmetall is a Germany-based defence and automotive supplier listed on the Frankfurt Stock Exchange, with revenue and share price performance closely linked to defence contracts and public spending trends. Explore third-party RHM price targets and technical analysis.
Rheinmetall AG (RHM) is trading around €1,629.85 in early European hours on 18 February 2026, moving within an intraday range of €1,573.41-€1,653.83 on Capital.com’s feed as of 10:12am UTC. Past performance is not a reliable indicator of future results.
Rheinmetall stock forecast 2026–2030: Third-party price targets
As of 18 February 2026, third-party Rheinmetall stock predictions indicate a cluster of 12-month expectations above the prevailing spot level. Recent updates reflect differing assumptions about the pace of defence budget deployment, order conversion and margin sustainability. These targets represent indicative views based on each institution’s models and published guidance – they are not guarantees or precise predictions of future prices.
Fintel (consensus snapshot)
Fintel shows that its compiled one-year average RHM stock forecast stood at about €2,227.27, with individual forecasts ranging from roughly €1,787.70 to €2,625. The service notes that these figures aggregate multiple analyst models and rest on assumptions of continued defence order intake, revenue growth and profitability amid elevated geopolitical tensions (Fintel, 18 February 2026).
Jefferies (target cut)
Jefferies lowers its Rheinmetall price target from €2,170 to €2,060, while maintaining a Buy rating. The broker cites initial 2026 guidance pointing to revenue and operating profit below prior consensus as the reason for trimming its target. At the same time, it continued to assume robust order intake and cash generation (Jefferies, 4 February 2026).
UBS (house view update)
UBS analyst Sven Weier maintains a Buy rating on Rheinmetall and sets a price target of €2,200. The bank highlights Rheinmetall’s position within the European defence cycle and cited expectations for sustained order growth and capacity expansion as key factors underpinning its valuation framework (The Globe and Mail, 10 February 2026).
MarketScreener (consensus dashboard)
MarketScreener shows a mean 12-month target price of €2,127.25 for Rheinmetall, based on contributing analysts. The range of individual targets – from €1,700 to €2,500 – reflects differing views on how quickly large defence contracts could convert into revenue and on the durability of elevated operating margins (MarketScreener, 18 February 2026).
Dow Jones (guidance context)
Dow Jones Newswires said analysts were reassessing their Rheinmetall targets after the company’s 2026 guidance implied revenue of €15bn-€16bn and an EBIT margin of 18%-20%, below some prior forecasts. The report notes that while this guidance prompted certain downward revisions, several institutions continued to reference potential order intake of up to €80bn in 2026 and a backlog of about €135bn as factors shaping their longer-term outlook assumptions (Morningstar, 5 February 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 €1,629.85 as of 10:12am UTC on 18 February 2026, with price holding below a broad moving-average cluster on the daily chart. The simple moving averages for the 20-, 50-, 100- and 200-day periods sit near €1,697, €1,696, €1,719 and €1,739 respectively, while the 200-day EMA tracks lower around €1,608 as a longer-term reference.
The 14-day RSI, at around 43.4, remains in neutral territory. An ADX reading near 27.5 points to an established – but not extreme – trend backdrop.
The nearest classic resistance above spot is the R1 pivot around €1,978.7, with R2 near €2,175.8 coming into view only after a sustained daily close above the first level. On the downside, the central pivot near €1,768.8 marks initial support, while the 100-day SMA around €1,719 represents the next technical reference. A clear move below that area could expose the S1 region around €1,571.7 if selling pressure continues (TradingView, 18 February 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 risen from around €402 at the close on 20 February 2024 to about €1,634 on 18 February 2026. During 2024, the stock moved higher from the low €400s, consolidating in the €500-€700 range into early 2025 before accelerating from March 2025 onwards.
By late 2025, Rheinmetall traded predominantly between €1,400 and €2,000, including a brief move above €2,000 at the end of September 2025.
So far in 2026, the shares have remained volatile relative to late-2024 levels. Price has fluctuated between a low near €1,555 in late December 2025 and intraday highs above €1,900 in January 2026, before returning to the mid-€1,600s by 18 February 2026. Even after the pullback from the late-2025 peak region, the stock remains notably higher year on year compared with about €929 at the close on 18 February 2025.
Past performance is not a reliable indicator of future results.
Rheinmetall (RHM): Capital.com analyst view
Rheinmetall’s share price has re-rated over the past two years, moving from the low €400s in early 2024 to the mid-€1,600s by 18 February 2026. Market participants have focused on defence order momentum and upgraded sales guidance, while recent price swings around earnings updates and 2026 guidance suggest increased sensitivity to execution timelines and margin delivery.
The investment case centres on elevated European defence spending, multi-year order opportunities and management’s ambition for substantial order intake in 2026. At the same time, risks include potential delays in government contracts, execution challenges and valuation considerations following a period of strong relative performance within the sector.
As a result, Rheinmetall’s share price appears closely linked to developments in defence policy, budget implementation and broader equity market risk appetite. Any changes in these factors could influence volatility in either direction.
Capital.com’s client sentiment for Rheinmetall CFDs
As of 18 February 2026, Capital.com client positioning in Rheinmetall CFDs shows buyers at 93.4% and sellers at 6.6%, placing buyers ahead by about 86.8 percentage points. This reflects a pronounced long bias in current open CFD positions on the platform rather than a balanced distribution.
This positioning data is a snapshot of open positions on Capital.com and can change over time.
Summary – Rheinmetall 2026
- Rheinmetall’s share price moved from around €402 in February 2024 to the mid-€1,600s by 18 February 2026, marking a significant two-year re-rating.
- Technically, price trades below a 20/50/100/200-day moving-average cluster near €1,700-€1,740, with a neutral RSI around 43 and an established trend signal from an ADX reading near 28.
- The broader debate highlights potential support from sustained defence budgets and a growing order pipeline, balanced against risks linked to execution, contract timing and valuation following a period of strong performance.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Rheinmetall stock?
Rheinmetall’s shareholder base typically includes a mix of institutional investors, asset managers and other financial institutions, alongside retail shareholders. Large global fund managers often hold significant stakes through actively managed funds and exchange-traded funds. The exact breakdown changes over time as investors adjust positions and new regulatory filings are released. You can review the company’s latest annual report or regulatory disclosures for the most up-to-date information on major shareholdings.
What is the 5-year Rheinmetall share price forecast?
There is no single, reliable five-year RHM stock forecast. Most published analyst targets focus on a 12-month horizon and reflect assumptions about defence budgets, order intake and margin development. Over a longer period, outcomes may vary depending on government spending cycles, contract execution, geopolitical developments and broader market conditions. Longer-term projections are inherently uncertain and should be viewed as scenario-based estimates rather than precise forecasts.
Is Rheinmetall a good stock to buy?
Whether Rheinmetall is considered a ‘good’ stock depends on your objectives, time horizon and risk tolerance. The company operates in a sector influenced by defence policy and public spending, which can create both opportunity and volatility. Recent results and order backlog figures have drawn market attention, but valuation levels and execution risks also form part of the assessment. You should weigh potential returns against the possibility of losses before making any investment decision.
Could Rheinmetall stock go up or down?
Rheinmetall’s share price can move in either direction, sometimes sharply. Potential upside drivers include stronger-than-expected order intake, improved margins or increased defence spending commitments. Downside risks may arise from delays in contract awards, guidance revisions, valuation adjustments or broader equity market weakness. As with all equities, prices reflect changing expectations, and past performance does not indicate future results. Volatility can increase around earnings releases or significant geopolitical events.
Should I invest in Rheinmetall stock?
Deciding whether to invest in Rheinmetall requires careful consideration of your financial situation, investment goals and tolerance for risk. Shares provide exposure to the defence sector, but they also carry company-specific and market-wide risks. If you are unsure, you may wish to seek independent financial advice. This information is provided for educational purposes only and does not constitute investment advice or 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.