BMW, DE0005190003

Jefferies cut BMW target: BMW stock loses 1.85 percent

Published on 10/08/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies cut its target from EUR 70.00 to EUR 60.00 on October 5, 2026. BMW stock costs EUR 52.66 after EUR 53.65, down 1.85 percent.

Flatlay mit Aktienzertifikat, ISIN-Kärtchen, Zahnrad, Autoschlüssel und Arbeitshandschuhen von oben — BMW AG (DE0005190003): Flatlay-Arrangement mit Aktienzertifikat, ISIN-Karte, Zahnrad, Autoschlüssel und Arbeitshandschuhen ohne Emblem, Illustration mit AI erstellt.

BMW stock (ISIN DE0005190003) was trading at EUR 52.66 at Lang & Schwarz on October 8, 2026 at 12:36 p.m. CEST, down 1.85 percent versus the EUR 53.65 prior close. On October 5, 2026, Jefferies had cut its BMW price target from EUR 70.00 to EUR 60.00 while retaining a Hold rating, according to BORSE ONLINE.

Jefferies lowers the valuation bar

The reduction cut the target by 14.29 percent from EUR 70.00, while the EUR 60.00 target stands 13.94 percent above the Lang & Schwarz price of EUR 52.66. Jefferies analyst Philippe Houchois cited limited confidence in BMW's revenue outlook and a cautious approach to capital returns at the Capital Market Day.

The contrast among analysts is material. JPMorgan maintained an Overweight rating and an EUR 82.00 target in a September 28, 2026 assessment, according to finanzen.net. That target is EUR 22.00 above Jefferies' new level, leaving strategy execution as the main dividing line in the research.

BMW targets higher margins

BMW's September 30, 2026 Capital Market Day set an interim automotive EBIT margin target of 3.00 to 5.00 percent for 2028. The company also aims to return to an 8.00 to 10.00 percent automotive EBIT margin by the start of the next decade, according to BMW Group.

The plan also calls for a 20 percent reduction in divisions and associated management roles by the middle of 2027. BMW's latest reported second-quarter revenue was EUR 31.26 billion, down 7.90 percent year over year, while net income reached EUR 1.20 billion, according to the October 7, 2026 report by Stockhouse. The figures show why the margin timetable, rather than the target range alone, is central to the BMW valuation debate.

Stock stays near its yearly low

BMW had a market capitalization of EUR 31.5 billion as of October 8, 2026. The finance data quote placed its 52-week range at EUR 52.36 to EUR 97.92, putting the Lang & Schwarz price EUR 0.30 above the lower boundary.

The further course of trading is shown by the continuously updated real-time quote of BMW stock.