Citi lifts Schaeffler to 'buy' from 'neutral' on its 'humanoid call-option'

Schaeffler AG

29/08/2025 08:16

** Citigroup upgrades German auto and industrial supplier Schaeffler AG SHA0n.DE to "buy/high risk" from "neutral/high risk" on its "humanoid call-option" potential

** The brokerage views Schaeffler's in-house humanoid robot start-up as cheap optionality on a megatrend, lifting its assumed mid-term growth outlook for the company to 2.5% from 1.5%

** The brokerage also anticipates an improvement in the firm's core industrial and automotive business performance in 2026

** The "high risk" rating is maintained due to high leverage and challenged EV margins, with the broker noting that "Self-help will take time"

** Shares in Schaeffler are up 2.86% at 07:16 GMT

 (Maria Rugamer)

 ((Maria.Rugamer@thomsonreuters.com))