Rheinmetall AG

RHM: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Rheinmetall: Addressing Key Investor's Concerns After Recent Weakness

Loredana Muharremi

May 11, 2026

After a standout 2025, shares have lost momentum, now trading at EUR 1,209 versus the median consensus forecast of EUR 2,125, as five investor concerns weigh on sentiment: execution misses, slow backlog conversion, ammunition- and drone-related risk, naval uncertainty, and ceasefire vulnerability.

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Rheinmetall AG

Rheinmetall: Addressing Key Investor's Concerns After Recent Weakness

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