# MTU Aero Engines financial performance and valuation > Live situation record from CLSTR: https://clstr.news/situations/mtu-aero-engines-financial-performance-and-valuation > Updated: 2026-08-19T10:42:22.000Z. Sources: 2. Developments: 2. MTU Aero Engines reported strong financial results for the first half of 2026, with revenue rising 13% to approximately €4.7 billion and net profit increasing 5% to €502 million. The company attributed this growth to rising demand in civil aviation and defense, particularly in maintenance, repair, and overhaul services. Despite currency fluctuations affecting new engine sales, the company maintained an order backlog of €30.4 billion. Following these results, Goldman Sachs raised its price target for the company from 370 to 380 euros, though it maintained a ‘Neutral’ rating. Analyst Sam Burgess noted that ‘cash flow remains the critical factor’ for the manufacturer, expressing less optimism regarding MTU compared to its leading competitors in the civil aviation sector. As of mid-August 2026, MTU Aero Engines shares were trading at 374.00 EUR on the XETRA exchange, marking a 6.5 percent increase since the start of the year. The company is scheduled to release its third-quarter 2026 financial results on October 29, 2026. ## Timeline ### 2026-08-19: Goldman Sachs raises MTU Aero Engines price target to 380 euros Goldman Sachs raised its price target for MTU Aero Engines to 380 euros but maintained a “Neutral” rating, citing cash flow concerns relative to aviation competitors. 2 sources. https://clstr.news/cluster/mtu-aero-engines-sees-price-target-increase-from-goldman-sachs ### 2026-07-30: MTU Aero Engines posts strong first‑half 2026 earnings MTU Aero Engines' H1 2026 revenue rose 13% to €4.7 bn, net profit 5% higher to €502 m, backed by strong civil‑aviation demand and a €30.4 bn order backlog. 6 sources. https://clstr.news/cluster/mtu-aero-engines-posts-strong-firsthalf-2026-earnings --- Cite as: MTU Aero Engines financial performance and valuation. CLSTR, https://clstr.news/situations/mtu-aero-engines-financial-performance-and-valuation