OHB SE: Promising Growth Amidst New National Space Budget

OHB SE has received a "BUY" recommendation from NuWays AG, driven by promising growth prospects. The company's strategic plans aim to achieve a sustainable order intake exceeding €3 billion by 2027, supported by Germany's recently announced €35 billion defense space budget. This could potentially yield over €7 billion in cumulative additional orders for OHB by 2030. These initiatives significantly enhance OHB’s mid-term growth outlook.

The forecasted annual sales growth rate of 20% through 2030 and expected EBIT margins exceeding 9% by 2028 underline a strong financial projection. OHB’s positioning as Germany’s sole complete space OEM, combined with the EU and ESA's budget increases, fortifies its stance in observation, navigation, and transportation.

Further value catalysts include expected orders tied to Germany's defense budget and the upcoming test launch by Rocket Factory Augsburg, in which OHB holds a 55.1% stake. Despite recent stock appreciation, OHB's valuation remains favorable, indicating substantial growth potential with a new price target set at €202.