Naval shipbuilder TKMS is demonstrating remarkable stability following its IPO in October 2025.

  • TKMS shares have been relatively stable since their stock market debut
  • Average price target at 74.50 euros
  • Solid result expected
  • The TKMS share is remarkably resilient after its IPO in October 2025: after it ended its first trading day on October 20, 2025 at 81.10 euros, the fluctuations were limited. However, this Monday the stock ultimately lost 4.59 percent to 78.00 euros via XETRA. Overall, observers rate the fluctuations as normal for a newly listed company.

    Experts satisfied

    Financial experts are convinced of the future viability of the naval shipbuilder. Deutsche Bank sees the TKMS stock at 75.00 euros in twelve months, while Bernstein Research expects it to be 74.00 euros. According to “it-boltwise”, analysts expect earnings per share of 1.66 euros for the 2025 financial year, which indicates a solid financial performance.

    Billion dollar orders secure long-term prospects

    TKMS (thyssenkrupp Marine Systems) has established itself as the world’s leading provider of non-nuclear submarines and also produces frigates and corvettes. With around 8,300 employees, the company has an impressive order volume of around 18.5 billion euros. This order situation will ensure capacity utilization until the early 2040s. The significant projects include major orders from the German and Norwegian navies for a total of 10 Class 212CD submarines. In addition, TKMS takes part in international tenders, for example for the Canadian Navy, which promises further growth potential.

    Strategic partnership with thyssenkrupp remains in place

    As part of the spin-off from the parent company, TKMS began its listing in the Prime Standard of the Frankfurt Stock Exchange in mid-October 2025. It is noteworthy that thyssenkrupp continues to control 51 percent of the shares through a holding company and therefore remains the strategic majority shareholder. On the one hand, this constellation offers TKMS the flexibility of an independent, listed company, but on the other hand it also ensures continuity in corporate management.

    Editorial team finanzen.net

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