Over the past decade, the right-wing populist party Alternative für Deutschland (AfD) has evolved from being a marginal protest party into a dominant opposition force in German politics. In the 2025 German federal election, it became the second-largest party. However, all established parties rule out cooperation with the AfD. This report analyses the AfD's foreign policy preferences, which differ sharply from established German foreign policy. EU and NATO membership and the transatlantic link are not taken for granted, while closer ties with Russia are sought. However, this study's findings show that the party is internally divided between two factions that at times advocate diametrically opposed preferences and visions for German foreign policy. One faction, consisting primarily of representatives from the eastern federal states, advocates a more radical and fundamental reorientation toward Moscow and a distancing from the West. The other faction, mainly comprised of representtatives from western federal states, has adopted a more tactical approach with a "Germany-first" strategy, which includes maintaining formal institutional ties. Both factions, however, share sovereignty-centred views and support ending aid to Ukraine, lifting sanctions against Russia and resuming energy trade with Russia. The AfD's prospects for exerting greater influence over, or radically reshaping, German foreign policy in the future will likely depend on several factors, however, including the dynamics of a potential future governing coalition and, not least, the party's ability to manage internal divisions and establish a unified and coordinated foreign policy line.