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Added to YB: 2026-10-02

Pitch date: 2026-09-22

VOW3.DE [neutral]

Volkswagen AG

-11.61%

current return

Author Info

Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.

Company Info

Volkswagen AG manufactures automobiles and commercial vehicles in Europe, Germany, North America, South America, the Asia-Pacific, and internationally.

Market Cap

EUR 35.4B

Pitch Price

EUR 75.80

Price Target

N/A

Dividend

7.47%

EV/EBITDA

11.99

P/E

6.74

EV/Sales

0.82

Sector

Automobiles

Category

turnaround

Show full summary:
Volkswagen (VOW3 Germany): China adds (even more) to restructuring pressure

VOW3.DE (update): Volkswagen cut 2026 reported operating-margin guidance to no more than 1% from 4.0-5.5%, largely reflecting roughly €8bn of Porsche impairments and other charges; adjusted profitability remains near the prior range’s low end and €3-6bn free-cash-flow guidance is intact. The harder question is whether it can restore returns in China, improve BEV economics and restructure Europe while funding more than €10bn of restructuring expenditure.

Read full article (2 min)