Just bleeds

Do, yesterday we had the biggest attack on Kyiv by the Russians. Ukraine is attacking oil facilities deep in Russia, 200 miles behind the front line. The war doesn’t look anywhere like abating. What does RHM do? It drops.

Waste of space

It’s gone from 1300 to under 1200 in 24 hours. No rhyme nor reason. 8% drop. Big deal all the ‘2100’ and ‘1900’ price targets by Banks and Analysts, this stock just has a life of its own with no rationale behind it. A big Company acting like a meme penny share.

Key Facts Rheinmetall issues bond worth €500 million Maturing in May 2031 Coupon of 3.375% High demand: order book 7.8 times oversubscribed Financing structure strengthened, flexibility for long-term capital raising increased On 21 May 2026, Rheinmet

Key Facts Rheinmetall issues bond worth €500 million Maturing in May 2031 Coupon of 3.375% High demand: order book 7.8 times oversubscribed Financing structure strengthened, flexibility for long-term capital raising increased On 21 May 2026, Rheinmetall AG successfully placed a €500 million bond on the capital market, maturing in May 2031 with a coupon of 3.375%. The transaction was completed today (28 May 2026). This is the company's first bond issuance since 2010. Most recently, the Group issued two convertible bonds with a total value of €1 billion in 2023. The issuance met with very strong investor demand. The order book was significantly oversubscribed by 7.8 times, underscoring the capital market's strong confidence in Rheinmetall's strategic and financial positioning. With this successful placement, Rheinmetall is strengthening its financing structure while also increasing its flexibility for long-term capital raising. Klaus Neumann, CFO of Rheinmetall AG: "Strong investor demand confirms the market's confidence in our operating performance and our growth strategy. We enjoyed excellent access to the bond market. This high level of investor confidence is also reflected in our solid investment-grade rating." Rheinmetall intends to use the proceeds from the bond for general corporate purposes, including the refinancing of upcoming maturities.

RHEINMETALL AG : Deutsche Bank remains its Buy rating

In his latest research note, analyst Christoph Laskawi confirms his positive recommendation. The broker Deutsche Bank is keeping its Buy rating. The target price is unchanged and still at EUR 2100.

Rheinmetall Unit, Harbinger to Jointly Develop Robotic, Uncrewed Ground Vehicles for US Army

(MT Newswires) -- Rheinmetall's (RHM.F) subsidiary American Rheinmetall partnered with Harbinger to jointly develop robotic and uncrewed ground vehicles for the US Department of War's programs. The partnership will initially cover areas such as autonomous tactical wheeled vehicles, contested-logistics resupply, and next-generation robotic platforms, according to a Wednesday release. The German arms maker said joint demonstrations are set to begin in the summer, with plans to pursue near-term prototyping opportunities.

Rheinmetall Bags Order for Laser Modules from German Armed Forces

(MT Newswires) -- Rheinmetall (RHM.F) secured an order worth several hundred million euros from the German Armed Forces, the Bundeswehr, to supply laser-light modules for its new assault rifle. The German arms maker will deliver its LLM-VarioRay laser-light modules between 2026 and 2032 under a framework contract signed in June 2021 and extended in December 2025, according to a Wednesday release.

Halted.

Halted! (and on the up too). Doubt it will stick, but I'll take it. Unsure if this is off the back of the autonomous US contract, or general sentiment. Wild speculation welcome, etc.

Jefferies trims Rheinmetall price target to 1890 euros - 'Buy'

NEW YORK (dpa-AFX Broker) - Jefferies has lowered its price target for Rheinmetall from 2220 to 1890 euros, while maintaining a 'Buy' rating. Land defense systems remain the preferred subsegment within the defense sector, despite concerns regarding product relevance which analyst Chloe Lemarie considers clearly overblown, according to a sector report released Thursday evening. Concerns regarding execution risks are more justified, she noted, leading to a reduction in valuation multiples. Against this backdrop, order intake will be crucial in restoring sentiment toward Rheinmetall, CSG, and Renk. Lower valuations combined with robust earnings growth through 2030 present attractive entry points.

RHEINMETALL AG : Buy rating from UBS

In a research note published by Sven Weier, UBS advises its customers to buy the stock. The target price is revised downwards from EUR 2200 to EUR 1600

Rheinmetall Said to Mull EUR500 Million Senior Notes Offering

(MT Newswires) -- German defense technology company Rheinmetall (RHM.F) is reportedly considering a 500 million-euro senior unsecured notes offering. Bloomberg News reported Wednesday, citing an unnamed source, that the company is assessing investor appetite for a proposed five-year bond. Rheinmetall did not immediately respond to a request for comment from MT Newswires.

Barclays Maintains Overweight Rating on Rheinmetall with 2035 Euro Target

LONDON (dpa-AFX Broker) - British investment bank Barclays has reiterated its 'Overweight' rating on Rheinmetall with a price target of 2035 euros. Following a first-quarter miss, the focus now shifts to how the defense group will recover in the second quarter and execute its planned initiatives, analyst Afonso Osorio wrote on Tuesday evening. His comments come ahead of a scheduled meeting with CFO Klaus Neumann and Head of IR Dirk Winkels at the Barclays European Leadership Conference. The analyst views this as a key catalyst to dispel investor concerns regarding execution. Structurally, the investment case remains intact. For 2026, Osorio forecasts a 45 percent surge in operating profit, significantly outperforming the sector's projected 19 percent growth.

My current stance

I’m still not re-entering yet. Yes even with the growth. I need more proof than two days up to justify buying a whole share. That proof being Rhein crossing its 20 day moving average (currently €1,295) , that would make me consider looking into the stock. What I’d realistically need is for the stock to cross its 20 week average of what is currently €1,543 (but will likely reduce) in order to buy a share. Because of this, my stance remains at “don’t buy yet” “But if you wait for it to cross moving averages, you may lose out on all the recovery up to it” I’m not a day trader, I’m an investor. Daily price action doesn’t matter to me, only weekly action does.

Rheinmetall attempts recovery following Citigroup buy recommendation

FRANKFURT (dpa-AFX) - Rheinmetall shares, which have recently been under pressure, moved higher on Monday. After recently hitting their lowest level in a year near the 1,100-euro threshold, they gained 4.5 percent in afternoon trading, making them the top performer on the Dax. Citigroup recommended buying the shares again after they had lost approximately 45 percent from their record high. Additional tailwinds for the broader market were provided by reports that further potential solutions are being exchanged regarding the conflict in Iran. According to Iranian media, the U.S. side is reportedly prepared to temporarily ease oil sanctions against Tehran. This is considered a central demand by Iran for agreeing to a peace deal and reopening the Strait of Hormuz. The sector environment turned positive as a result: trailing Rheinmetall among German sector peers in the mid-cap MDax, Renk rose by 1.8 percent. TKMS gained one percent, while Hensoldt shares climbed 0.4 percent. Saab was also upgraded to 'Neutral' by Citigroup, with its shares rising two percent in Stockholm. Citigroup expert Charles Armitage assumes that the recent price declines across the entire sector were largely driven by hopes for a peace agreement in Ukraine - alongside concerns regarding the financing of increased defense spending in Europe. While both arguments are understandable, he believes they are exaggerated. The war is currently viewed as being at a stalemate. Following the recent ceasefire, Russia and Ukraine have once again subjected each other to massive air strikes. According to Russian reports, Ukraine launched heavy attacks on the Moscow region on Saturday night. Russia responded to the massive Ukrainian drone attacks during the night with counter-strikes. Armitage continues to see Russia as a threat to Europe even in the event of an end to the war in Ukraine. Sweden and Germany would then be among the few countries in Europe capable of increasing their borrowing to finance additional defense spending. Other countries are more financially constrained and would be forced to take less popular steps, such as tax increases or budget cuts.

German armed forces place billion-euro order for Rheinmetall trucks, document shows

Berlin, May 18 (Reuters) - Germany's Bundeswehr armed forces plans to order 2,030 trucks from arms manufacturer Rheinmetall for just over 1 billion euros, a finance ministry document seen by Reuters on Monday showed. Delivery is scheduled to be completed by November 2026, according to the draft document from the ministry for the German parliament's budget committee. The vehicles are to be ordered from Rheinmetall's MAN Military Vehicles subsidiary, it said.

Berenberg Cuts Rheinmetall Price Target, Estimates Amid Sector De-rating

(MT Newswires) -- Berenberg lowered Rheinmetall's (RHM.F) price target to 1,750 euros from 2,100 euros to reflect its lower estimates and the de-rating for the aerospace and defense sector, but expressed optimism over the company's revenue visibility. "We have reduced our expectation regarding the size of the German Boxer Arminius vehicle contract, which the company expects to receive in H226. We now model that Germany will order 3,000 Boxer vehicles worth EUR23bn to Rheinmetall, versus EUR32bn for 3,800 vehicles," analysts said in a note published Friday. "This follows the CEO indicating that the number of vehicles was still being negotiated, but he still expects 'some thousand'." Consequently, the adjusted EPS estimate for 2026 was cut by 1.4%, while the forecasts for 2027 and 2028 were respectively reduced by 3.5% and 8.3%. For 2030, the EPS projection was trimmed by 2%. Despite this, the research firm expects the German arms manufacturer's revenue visibility to "materially" improve by the end of 2026, with revenue under contract potentially rising to 72% in 2027 and 53% in 2028. "This assumes that all existing framework contracts will be converted to firm orders and that defence orders are received in line with company guidance ... The sell-off since the Q1 release offers an attractive entry point, in our view, with Rheinmetall's shares trading on 20x 2027 P/E for a 31% EPS three-year CAGR," analysts noted, leaving the buy recommendation on the stock unchanged.