Streetbeat News

RNMBF

Rheinmetall AG

https://www.rheinmetall.com/

CEO

Armin Papperger

Industry

Offices of Bank Holding Companies

Open

1546.00

Mkt cap

70B

Volume

902

High

1623.58

P/E Ratio

128.96

52-wk high

1623.58

Low

1536.45

Div yield

0.00

52-wk low

496.04

Rheinmetall AG, a European defense stock, is gaining investor interest due to increased European defense spending and geopolitical shifts, driven by U.S. market volatility and Trump's tariffs. Despite high valuation, its strong cash flow and revenue growth support a bullish outlook.

Portfolio Pulse from

March 17, 2025 | 10:00 pm

Rheinmetall, Europe's largest ammunition manufacturer, has surpassed Volkswagen in market valuation, highlighting increased investor interest in defense stocks.

Portfolio Pulse from

March 13, 2025 | 9:15 am

Rheinmetall AG held its Q4 2024 earnings call, discussing financial results and future outlook. The call included participation from major financial institutions and addressed technical issues.

Portfolio Pulse from

March 12, 2025 | 10:00 pm

Rheinmetall has reported a 36% surge in sales for 2024, driven by a forecasted boom in military orders. This growth highlights the company's strong position in the defense sector.

Portfolio Pulse from

March 12, 2025 | 7:30 am

Rheinmetall has secured a $271 million contract with Germany's armed forces to provide logistical support for troop redeployments both domestically and internationally.

Portfolio Pulse from

February 19, 2025 | 1:45 pm

Germany's cartel office has approved a joint venture between Rheinmetall and Leonardo, allowing the two companies to collaborate on future projects.

Portfolio Pulse from

January 20, 2025 | 10:00 am

Rheinmetall is experiencing significant growth due to its advancements in AI for defense systems, a surge in defense spending, and strategic entry into the US market. The company has a $52 billion order backlog, 36% YoY revenue growth, and a 72% increase in operating profit. Strategic acquisitions, including access to the US Department of Defense, are enhancing its market expansion and potential for significant contract wins.

Portfolio Pulse from

January 16, 2025 | 11:30 pm

Rheinmetall, an arms manufacturer, is targeting $21.2 billion in sales by 2027, driven by increased defense spending in Western markets.

Portfolio Pulse from

November 19, 2024 | 2:00 pm

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