Erste Group Bank Predicts Reduced Earnings for Volkswagen

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGYFree Report) – Equities researchers at Erste Group Bank cut their FY2026 earnings per share (EPS) estimates for Volkswagen in a report issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $2.44 for the year, down from their previous forecast of $2.51. The consensus estimate for Volkswagen’s current full-year earnings is $2.53 per share.

Volkswagen (OTCMKTS:VWAGYGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.59 by $0.14. The company had revenue of $99.97 billion during the quarter, compared to the consensus estimate of $84.92 billion. Volkswagen had a return on equity of 3.46% and a net margin of 2.11%.

Several other research analysts have also recently issued reports on VWAGY. Citigroup reissued a “buy” rating on shares of Volkswagen in a research note on Friday, January 16th. Zacks Research upgraded Volkswagen from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, HSBC reissued a “buy” rating on shares of Volkswagen in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on VWAGY

Volkswagen Stock Down 1.2%

VWAGY opened at $10.08 on Friday. The firm has a 50 day moving average price of $11.46 and a 200-day moving average price of $11.48. Volkswagen has a twelve month low of $9.20 and a twelve month high of $12.83. The stock has a market capitalization of $50.53 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 0.85 and a beta of 1.14.

Volkswagen Company Profile

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Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.

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