Rheinmetall ADR Stock News

The second-half rally in U.S. stocks this year has made it easy to forget some of the assets that outperformed at the start of the year. Cryptocurrencies have rallied back to their February peaks following a prolonged period of dormancy, and now commodities like gold and silver have also reached record highs.

Rheinmetall stands out as a top European defense stock, benefiting from Germany's surging military spending and broader European rearmament. RNMBY's diversified product range, strategic acquisitions, and strong backlog position it for continued growth despite recent earnings misses. Rheinmetall is rated a buy for its innovation, sector-leading growth, and as a vehicle for both geographical dive...

European Union's plans to increase defense spending to 5% of GDP by 2035 are driving the bullish rally in Rheinmetall AG stock. Recent inauguration of an ammunition factory and focus on Unmanned Aerial Vehicles (UAVs) show the company's focus on growth. The company has shown impressive topline growth, backed by margins higher than industry average. However, the market has not yet priced in dete...

Rheinmetall plans to build a new ammunition plant in Latvia, the German defence conglomerate said on Thursday, expanding the ability of the Baltic nation bordering Russia to defend itself.

German defence contractor Rheinmetall said on Thursday it plans to sign a preliminary agreement in Hamburg later in the day to build a new ammunition factory in an as-yet unspecified NATO member state.

Rheinmetall share price has pulled back in the past few days as investors reflect on the recent buyout of NVL, a top warship company. It was trading at €1,905, a few points below the year-to-date high of €1,985.

German defence group Rheinmetall said on Sunday it had reached an agreement with the Luerssen Group to acquire the shipyard's military division, Naval Vessels Luerssen, in a move aimed at expanding into naval shipbuilding.

German arms giant Rheinmetall plans to manufacture artillery shells for Ukrainian forces at a future production plant in Ukraine, Kyiv's defence minister said on Thursday.