OHB SE: Strategic Moves and Financial Outlook

OHB SE has been recommended as a "BUY" by NuWays AG, setting a target price of EUR 272 over 12 months. The company has shown promising growth, with Q4 adjusted EBITDA reaching €45 million, exceeding the FY26 margin target of 11%. Revenue guidance for FY26 stands at approximately €1.4 billion, aligning with an anticipated 15% year-on-year growth.

A significant development for OHB is the €248 million EPS-Sterna order for small satellites, highlighting its capability in serial constellation production. Moreover, the SATCOMBw 4 bid, in collaboration with Airbus and Rheinmetall, could secure an estimated €2.7-3.3 billion for OHB, enhancing its standing in sovereign space programs.

OHB continues to strengthen its strategic position through potential large orders in H2 2026, with its robust earnings trajectory and participation in Europe's space build-out.