Rheinmetall shares fell more than 16% after the German arms maker lowered its 2026 sales guidance to roughly $14.82 billion, down from a previous range of $15.39 billion to $15.95 billion. The adjustment reflects ongoing order delays and production challenges. The company, a major supplier to NATO and Ukraine, has faced repeated revisions amid shifting defense demand and supply chain constraints.
Analysts had anticipated stronger forecasts, and the new target signals continued headwinds in scaling production to meet surging military orders.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing