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DBDeutsche Bank AGHold5.5·$34.03
HoldModerate Confidence
Investment thesis

An attractive forward multiple of 6.3 times earnings, three consecutive quarterly beats, and building price momentum support maintaining the current position, but the stock has already moved above the measured price target with unfavorable risk/reward — adding to the position is not warranted at current levels.

Thesis pillars

  • Attractive Forward Valuation→Stable
  • Sustained Earnings Beat Streak↓Deteriorating
  • Positive Price Momentum↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

Deutsche Bank AG (DB) Stock Analysis

HoldValueModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $34.03, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0).

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It... Read more

$34.03+1.2% A.UpsideScore 5.5/10#168 of 222 Banks - Regional
QualityF-score7 / 9FCF yield—
IncomeYield3.42%(5y avg 2.44%)Payout30.04%sustainable
Stop $32.15Analyst target $34.42(−15% haircut)A.R:R 0.1:1
Analyst consensus$40.50+19.0%2 analysts with price targets
$34.42Analyst target
$34.03price
$40.50mean
$43

Hold if already holding. Not a fresh buy at $34.03, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.5/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 85d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Oct 28, 2026

Recent Developments — Deutsche Bank AG

Latest item Oct 28, 2026 · Generated 2026-11-04T11:54:37Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jan 28, 202785d to earnings· next earnings call

Thesis

Rewards
Sector modifier (Financial Services): +1.0
Strong earnings beat streak (3/4)
Attractive valuation
Risks
Analyst target reached - limited upside remaining
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
Weak growth

Key Metrics

P/E (TTM)8.8
P/E (Fwd)7.4
Mkt Cap$63.1B
EV/EBITDA—
Profit Mgn22.7%
ROE9.0%
Rev Growth2.8%
Beta1.04
Dividend3.42%
Analysts with ratings25

Quality Signals

Piotroski F7/9

Options Flow

P/C0.14bullish
IV45%normal
Max Pain$25-26.5% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
3.1
Revenue Growth
3.2
GatesA.R:R 0.1 < 1.5@spotMomentum 6.0>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 85d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
57 · Neutral
↑ 20D MA↓ 50D MA↓ 200D MAGOLDEN CROSSSupport $30.76Resistance $34.97

Price Targets

$32
$34
A.Upside+1.2%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! Target reached (1.2% upside)
! asymmetry at 0.1 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2027-01-28 (85d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DB stock a buy right now?

Hold if already holding. Not a fresh buy at $34.03, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Analyst target $34.42 (+1.2%), stop $32.15 (−5.8%), A.R:R 0.1:1. Score 5.5/10, moderate confidence.

What is the DB stock price target?

Analyst target: $34.42 (+1.2% upside). Analyst target $34.42 (+1.2%), stop $32.15 (−5.8%), A.R:R 0.1:1. Stop-loss: $32.15.

What are the risks of investing in DB?

Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Weak growth.

Is DB overvalued or undervalued?

Deutsche Bank AG trades at a P/E of 8.8 (forward 7.4). TrendMatrix value score: 8.0/10. Verdict: Hold.

What do analysts say about DB?

25 analysts rate DB, with a consensus score of 3.8/5. 2 analysts publish price targets averaging $41.

What does Deutsche Bank AG do?Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and...

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments. The Corporate Bank segment offers cash management services, such as integrated payments and FX solutions; trade finance and lending offerings, including documentary and guarantee business, and structured trade finance and lending; and depository receipts, corporate trust, document custody, and securities services. The Investment Bank segment provides financing solutions in industries and asset classes; institutional sales, trading, and structuring in foreign exchange, rates, emerging markets, and credit trading; liquidity, market making services, and specialized risk management solutions for fixed income and currencies products; and advisory and financial products and services. This segment is also involved in the mergers and acquisitions business; and capital markets businesses in debt and equity. The Private Bank segment offers a range of payment and account services, and credit and deposit products, as well as investment advice, and postal and parcel services; and planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The Asset Management segment provides access to investment capabilities in active and passive asset classes comprising Xtrackers range and alternatives; and access to private equity, private credit, real estate, and infrastructure. Deutsche Bank Aktiengesellschaft was incorporated in 1870 and is headquartered in Frankfurt am Main, Germany.

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