Deutsche Lufthansa (LHA) Stock Overview
Operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
LHA Community Fair Values
Create NarrativeSee what 105 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Deutsche Lufthansa AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €9.04 |
| 52 Week High | €10.29 |
| 52 Week Low | €6.72 |
| Beta | 1.29 |
| 1 Month Change | -7.51% |
| 3 Month Change | 23.27% |
| 1 Year Change | 23.78% |
| 3 Year Change | 5.38% |
| 5 Year Change | -3.68% |
| Change since IPO | -52.34% |
Recent News & Updates
Narrative Update • Jul 22
LHA: 2026 Execution And Labor Disruption Risks Will Sustain Overvaluation
Analysts have raised the Deutsche Lufthansa fair value estimate from €6.60 to €7.10, in line with a series of higher price targets around €7 to €8.70 as they incorporate updated assumptions on revenue growth, profit margins and valuation multiples, while still acknowledging ongoing concerns about competition and labor relations. Analyst Commentary Recent research on Deutsche Lufthansa shows a mixed backdrop, with several firms lifting fair value and price targets while still flagging risks around valuation, execution and labor or competitive pressures.
Narrative Update • Jul 08
LHA: Cost Discipline And Reliability Will Drive Future Rerating Potential
Analysts have raised the fair value estimate for Deutsche Lufthansa stock from €11.07 to €15.91. They cite updated assumptions around discount rates, profit margins, and earnings multiples that align with recent price target adjustments across the Street, despite some more cautious ratings.Narrative Update • Jun 24
LHA: Flawless 2026 Execution Demands Will Drive Overvaluation Risk
Analysts have nudged Deutsche Lufthansa's target valuation higher, with the fair value estimate moving from €6.20 to €6.60 as recent price target increases from several banks are reflected in modestly adjusted assumptions for the discount rate, revenue growth, profit margin, and forward P/E. Analyst Commentary Recent research around Deutsche Lufthansa highlights a cautious tone from several bearish analysts, even as some price targets have been adjusted upward.Recent updates
Narrative Update • Jul 22
LHA: 2026 Execution And Labor Disruption Risks Will Sustain Overvaluation
Analysts have raised the Deutsche Lufthansa fair value estimate from €6.60 to €7.10, in line with a series of higher price targets around €7 to €8.70 as they incorporate updated assumptions on revenue growth, profit margins and valuation multiples, while still acknowledging ongoing concerns about competition and labor relations. Analyst Commentary Recent research on Deutsche Lufthansa shows a mixed backdrop, with several firms lifting fair value and price targets while still flagging risks around valuation, execution and labor or competitive pressures.Narrative Update • Jul 08
LHA: Cost Discipline And Reliability Will Drive Future Rerating Potential
Analysts have raised the fair value estimate for Deutsche Lufthansa stock from €11.07 to €15.91. They cite updated assumptions around discount rates, profit margins, and earnings multiples that align with recent price target adjustments across the Street, despite some more cautious ratings.Narrative Update • Jun 24
LHA: Flawless 2026 Execution Demands Will Drive Overvaluation Risk
Analysts have nudged Deutsche Lufthansa's target valuation higher, with the fair value estimate moving from €6.20 to €6.60 as recent price target increases from several banks are reflected in modestly adjusted assumptions for the discount rate, revenue growth, profit margin, and forward P/E. Analyst Commentary Recent research around Deutsche Lufthansa highlights a cautious tone from several bearish analysts, even as some price targets have been adjusted upward.Analysis Article • Jun 16
Deutsche Lufthansa (XTRA:LHA) Stock Could Be Below Fair Value as Analysts Weigh Growth Risks
Recent valuation work around Deutsche Lufthansa (XTRA:LHA) has caught investors' attention, with several models suggesting the stock trades below intrinsic value. However, opinions differ on how cost efficiencies and emerging market exposure affect the risk profile. See our latest analysis for Deutsche Lufthansa. Recent optimism around Deutsche Lufthansa ties in with share price momentum, with a 14.8% 1 month share price return and a 31.16% 1 year total shareholder return suggesting changing...Narrative Update • Jun 10
LHA: Flawless 2026 Execution And Summer Demand Risks Will Drive Downside
Analysts have reduced the implied fair value estimate for Deutsche Lufthansa from €7.00 to €6.20, citing lower revenue growth and profit margin assumptions, along with recent price target cuts that point to a need for very strong execution against what some view as a full valuation. Analyst Commentary Recent research commentary on Deutsche Lufthansa highlights a shift toward more cautious views, with several bearish analysts revisiting their ratings and price targets in light of what they see as demanding expectations on both valuation and execution.
Narrative Update • May 27
LHA: Execution Risks Strikes And Premium Service Investment Will Shape Future Upside
The analyst price target for Deutsche Lufthansa has been revised slightly lower to €8.44 from €8.71, as analysts factor in more modest revenue growth assumptions, a lower discount rate, a somewhat stronger profit margin outlook, and a reduced future P/E multiple following a mix of recent target cuts and downgrades, alongside a few smaller upward revisions. Analyst Commentary Recent research on Deutsche Lufthansa shows a split in opinion, with several firms cutting ratings or targets while a smaller group has made modest upward adjustments.Analysis Article • May 15
There May Be Underlying Issues With The Quality Of Deutsche Lufthansa's (ETR:LHA) Earnings
Deutsche Lufthansa AG ( ETR:LHA ) just reported some strong earnings, and the market reacted accordingly with a healthy...Narrative Update • May 03
LHA: Cost Execution And Margin Discipline Will Support Future Rerating Potential
The analyst price target for Deutsche Lufthansa has been trimmed by roughly €0.33, reflecting a series of recent target cuts and downgrades across major banks as analysts factor in slightly higher discount rates, modestly adjusted profit margin expectations, and a somewhat higher assumed future P/E multiple. Analyst Commentary Recent research points to a mixed but still constructive view on Deutsche Lufthansa, with several firms refining their targets and ratings as new information comes through.Narrative Update • Apr 19
LHA: Execution On Costs And Margins Will Support Future Rerating Potential
The updated analyst price target for Deutsche Lufthansa has been trimmed by roughly €0.34. Analysts cite recent target cuts at several major banks and slightly lower fair value and profit margin assumptions, partly offset by revised revenue growth expectations and a lower future P/E multiple.Narrative Update • Apr 03
LHA: Turnaround Execution And Fuel Cost Management Will Drive Future Upside Potential
The updated analyst price target for Deutsche Lufthansa moves modestly higher by about €0.42. This reflects analysts' mixed but generally constructive views that factor in revised growth assumptions, margin expectations and sector P/E comparisons following recent upgrades, downgrades and target tweaks across the Street.Narrative Update • Mar 20
LHA: Turnaround Execution And Fuel Costs Will Shape Fairly Balanced Outlook
Analysts have revised Deutsche Lufthansa's fair value estimate from €6.00 to €7.00, reflecting a mix of reduced price targets from several banks and more constructive views from others who highlight operational improvement efforts and the potential impact of easing fuel costs over time. Analyst Commentary Recent Street research on Deutsche Lufthansa shows a split picture, with some firms raising targets or upgrading ratings while others trim expectations and highlight execution and growth risks.Narrative Update • Mar 06
LHA: Turnaround Execution And IT Overhaul Will Support Future Rerating Potential
Analyst fair value for Deutsche Lufthansa has nudged up only slightly to €11.75 from €11.74, as mixed Street price target moves, including cuts around €7.60 and upgrades toward €9.30, leave the overall outlook largely unchanged, but incrementally more constructive on profitability and near term growth assumptions. Analyst Commentary Recent Street research around Deutsche Lufthansa has been mixed, but there is a clear cluster of more positive calls that help explain why fair value estimates have edged higher even as some targets remain cautious.Narrative Update • Feb 20
LHA: Turnaround Plan And IT Overhaul Will Support Future Repricing Potential
Our updated analyst price target for Deutsche Lufthansa edges higher to €11.74 from €11.57, reflecting modestly adjusted assumptions on revenue growth, profit margins and discount rate. This sits alongside mixed but generally more constructive Street research, where several firms have raised price targets and at least one has upgraded the stock.Narrative Update • Feb 05
LHA: Turnaround Execution Risk Will Likely Cap Upside Despite Recent Upgrade
Analysts have raised their fair value estimate for Deutsche Lufthansa to €6.0 from €5.0, reflecting updated views on discount rates, revenue growth, profit margins and P/E assumptions, informed by recent mixed price target changes from Deutsche Bank, Barclays, Morgan Stanley and JPMorgan. Analyst Commentary Recent research on Deutsche Lufthansa shows a mixed set of opinions, with some firms turning more constructive and others taking a more cautious stance on the shares and the company’s ability to deliver on its plans.Narrative Update • Jan 22
LHA: Turnaround Program And IT Overhaul Will Support Higher Future Earnings
Analysts have lifted their fair value estimate for Deutsche Lufthansa from €10.67 to €11.57, reflecting recent price target increases across several banks and updated assumptions on discount rate, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research on Deutsche Lufthansa has been mixed, but there is a clear cluster of bullish analysts who see upside potential relative to prior expectations.Narrative Update • Jan 08
LHA: Turnaround Uncertainty And Execution Risks Will Constrain Share Recovery Potential
Analysts have increased the fair value estimate for Deutsche Lufthansa to about €8.30 from €8.01, citing improved profit margin assumptions, a slightly lower discount rate and recent upward revisions to price targets, including a move to €9.30 at one major firm and €8 at another. Analyst Commentary Recent research opinions on Deutsche Lufthansa have shifted meaningfully over the past few months, with some firms turning more constructive and others taking a more cautious stance.Analysis Article • Jan 04
Here's Why Deutsche Lufthansa (ETR:LHA) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Dec 22
LHA: Mixed Ratings And Fleet Delays Will Shape Recovery Path Ahead
Analysts have nudged their fair value estimate for Deutsche Lufthansa slightly higher to roughly EUR 8.01 from about EUR 7.89, citing moderately stronger revenue growth expectations and a higher future earnings multiple, despite ongoing profitability and macro headwinds reflected in mixed recent price target revisions. Analyst Commentary Recent Street research on Deutsche Lufthansa presents a mixed outlook, with price targets clustering below the updated fair value estimate and ratings skewed toward caution.Narrative Update • Dec 08
LHA: Mixed Ratings Will Shape Recovery Outlook Amid Delayed Widebody Deliveries
The analyst price target for Deutsche Lufthansa has been modestly raised to EUR 7.89 from EUR 7.50 as analysts factor in slightly lower perceived risk and improving profit margins, even as they moderate long term growth and valuation assumptions in light of mixed recent research views. Analyst Commentary Recent Street research on Deutsche Lufthansa highlights a mixed backdrop, with modest upward adjustments to some price targets offset by more cautious ratings and valuation resets.Analysis Article • Nov 08
Deutsche Lufthansa's (ETR:LHA) Promising Earnings May Rest On Soft Foundations
Deutsche Lufthansa AG ( ETR:LHA ) just reported some strong earnings, and the market reacted accordingly with a healthy...Narrative Update • Oct 30
LHA: Market Headwinds And Aircraft Delays Will Shape Earnings Recovery Prospects
Deutsche Lufthansa's analyst price target has been revised lower. The latest consensus estimate decreased from €7.57 to €7.50, as analysts cite continued headwinds and reduced earnings expectations following industry downgrades and cautious outlooks.Narrative Update • Oct 15
Overoptimistic Projections Will Crumble Under Mounting Cost Pressures
Analysts have slightly lowered their price target for Deutsche Lufthansa, reducing it from €7.65 to €7.57. They cite continued industry headwinds and a cautious outlook on profitability and growth assumptions.Analysis Article • Sep 18
Is Deutsche Lufthansa (ETR:LHA) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Sep 04
Overoptimistic Projections Will Crumble Under Mounting Cost Pressures
Analysts remain cautious on Lufthansa due to valuation concerns despite stable demand and segmental strength in logistics and MRO, as reduced perceived upside and expectations of softer unit revenue leave the consensus analyst price target unchanged at €7.65. Analyst Commentary Analysts see demand for European airlines remaining stable, but regard Lufthansa's valuation as less attractive at current levels.Analysis Article • Aug 13
When Should You Buy Deutsche Lufthansa AG (ETR:LHA)?
XTRA:LHA 1 Year Share Price vs Fair Value Explore Deutsche Lufthansa's Fair Values from the Community and select yours...
New Narrative • Nov 28
Lufthansa Set To Soar With Digital Advancements And Fleet Modernization Despite Industry Challenges
Lufthansa's operational improvements and fleet modernization are set to enhance net margins by reducing costs and boosting efficiency.Shareholder Returns
| LHA | DE Airlines | DE Market | |
|---|---|---|---|
| 7D | 3.2% | 0.8% | 1.8% |
| 1Y | 23.8% | 7.2% | 4.1% |
Return vs Industry: LHA exceeded the German Airlines industry which returned 6.5% over the past year.
Return vs Market: LHA exceeded the German Market which returned 1.8% over the past year.
Price Volatility
| LHA volatility | |
|---|---|
| LHA Average Weekly Movement | 5.5% |
| Airlines Industry Average Movement | 5.8% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in DE Market | 12.7% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: LHA has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: LHA's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 103,406 | Carsten Spohr | www.lufthansagroup.com |
Deutsche Lufthansa AG operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.
Deutsche Lufthansa AG Fundamentals Summary
| LHA fundamental statistics | |
|---|---|
| Market cap | €10.84b |
| Earnings (TTM) | €1.55b |
| Revenue (TTM) | €40.28b |
7.0x
P/E Ratio0.3x
P/S RatioIs LHA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LHA income statement (TTM) | |
|---|---|
| Revenue | €40.28b |
| Cost of Revenue | €32.69b |
| Gross Profit | €7.60b |
| Other Expenses | €6.04b |
| Earnings | €1.55b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 04, 2026
| Earnings per share (EPS) | 1.29 |
| Gross Margin | 18.86% |
| Net Profit Margin | 3.85% |
| Debt/Equity Ratio | 75.9% |
How did LHA perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield25%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/31 03:45 |
| End of Day Share Price | 2026/07/31 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Deutsche Lufthansa AG is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Fintzen | Barclays |
| Andrew Lobbenberg | Barclays |
| Conor Dwyer | Berenberg |