OHB SE Gains Positive Outlook Amid Europe's Space Expansion

OHB SE, a key player in Europe's space industry, has received a "BUY" recommendation from NuWays AG with a target price of EUR 320. OHB continues to demonstrate growth, with Q1 results showing a 15% year-over-year increase in output to €279 million and a 48% rise in EBITDA to €25.7 million. The order backlog has reached a record €3.4 billion, marking a 45% increase year-over-year.

A potential capital increase could support OHB’s expansion into larger defense-space programs. Plans for increased capacity and pre-financing aim to boost performance. The Fuchs family plans to maintain over 50% control, ensuring sustained entrepreneurial governance.

As investor interest in space intensifies, aided by developments like SpaceX's potential IPO, OHB's established engineering expertise positions it to benefit significantly. The company's strong growth trajectory aims for a 39% CAGR in EPS by 2030, supported by robust national defense contracts.