Deutsche Börse

DB1: Neutral Ratings And Stable Profit Outlook Will Sustain Market Confidence

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

07 Nov 24

Updated

16 Dec 25

Views

130

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

0.3%

7D

2.5%

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1Y

0.3%

7D

2.5%

You can edit this narrative until Dec 17 12:05 PM. Then, changes will post as Updates.

Author's Valuation

€261.3815.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 16 Dec 25

Fair value Increased 0.32%

DB1: Future Upside Will Be Driven By Allfunds Deal Progress

Analysts have made a modest upward adjustment to their price target for Deutsche Börse to about EUR 261 from roughly EUR 261 previously. This reflects slightly improved medium term revenue expectations and a broadly stable profit outlook, despite a marginally higher discount rate and little change in projected valuation multiples.

Shared on 02 Dec 25

Fair value Increased 1.59%

DB1: Future Performance Will Benefit From Potential Allfunds Acquisition Progress

Analysts have slightly raised their fair value price target for Deutsche Börse from €256.47 to €260.54. They cite modest improvements in growth assumptions and a marginally lower discount rate, even though recent street research updates have shown mixed movements.

Shared on 18 Nov 25

Fair value Decreased 0.44%

DB1: Future Revenue Streams Will Drive Robust Long-Term Performance

The analyst consensus price target for Deutsche Börse has been adjusted slightly downward from €257.60 to €256.47. This change reflects updated analyst expectations given recent minor revisions to revenue growth and risk assumptions.

Shared on 01 Nov 25

Fair value Decreased 0.87%

Deutsche Börse's analyst price target has been revised slightly downward to €257.60 from €259.87. This change reflects analysts' assessment of modestly lower growth expectations along with a stable profit outlook.

Shared on 18 Oct 25

Fair value Decreased 2.62%

Narrative Update: Deutsche Börse Analyst Price Target Adjustment Analysts have slightly lowered their price target for Deutsche Börse, reducing it from approximately €267 to €260. This adjustment is attributed to softer projected revenue growth and a modestly lower fair value estimate.

Shared on 04 Oct 25

Fair value Decreased 1.13%

The analyst price target for Deutsche Börse has been slightly reduced in recent updates, as analysts cite modestly lowered fair value assessments and cautious expectations for revenue growth. This has resulted in a new consensus target that is only a few euros below previous forecasts.

Shared on 01 May 25

Fair value Decreased 1.17%

Shared on 23 Apr 25

Fair value Increased 0.56%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 2.89%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 2.43%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 3.06%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 22%

AnalystConsensusTarget has decreased revenue growth from -1.1% to 5.4%.

Shared on 19 Mar 25

Fair value Decreased 25%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 11%

AnalystConsensusTarget Fair Value

€261.38

15.1% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

1.97%

Capital Markets revenue growth rate

0.25%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.25%

Calculation

€2.48b

Earnings '28

x

22.81x

PE Ratio '28

=

€56.48b

Market Cap '28

€56.48b

Market Cap '28

/

180.29m

No. shares '28

=

€313.28

Share Price '28

€313.28 Share Price '28

Discounted to 2025 @ 6.28% p.a.

=

€260.96

Fair Value '25