Jefferies keeps Hold on Porsche AG stock at EUR 49 target

Published on 10/02/2026 at 16:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 revenue fell 5.10 percent to EUR 17.23 billion. Porsche AG stock costs EUR 43.05 on October 2, 2026 after EUR 43.35 before October 7.

Schwarzer generischer Sportwagen in weißem Fotostudio, Seitenansicht, weiche Studiobeleuchtung — Porsche AG Sportwagen Coupé im Studio, ISIN DE000PAG9113, schwarze Karosserie, weiche Studiobeleuchtung, Illustration mit AI erstellt.

Porsche AG (ISIN DE000PAG9113) was trading at EUR 43.05 at Lang & Schwarz on October 2, 2026 at 4:31 p.m. CEST, versus a prior close of EUR 43.35. Jefferies kept a Hold rating and a EUR 49.00 price target on September 24, 2026, according to FinanzNachrichten.

Jefferies sets a cautious benchmark

Jefferies' EUR 49.00 target stands EUR 5.95 above the Lang & Schwarz price. That is 13.82 percent above EUR 43.05, using the same euro currency and the October 2, 2026 market price as the reference.

The analyst view puts the October 7, 2026 Capital Markets Day at the center of the valuation debate. Porsche's Investor Relations page identifies the event as a strategy presentation for the Sportwagenschmiede '35 program, with the meeting scheduled in Weissach and online.

Profit improves while revenue contracts

For the six months ended June 30, 2026, sales revenue fell 5.10 percent to EUR 17.23 billion from EUR 18.16 billion a year earlier. Operating profit rose 33.66 percent to EUR 1.35 billion from EUR 1.01 billion, while the operating margin increased to 7.80 percent from 5.50 percent, according to TS2 on September 21, 2026.

The combination is important for investors: Porsche generated higher operating profit despite lower revenue, but the first-half delivery count fell 16.50 percent to 122,306 vehicles from 146,391. The strategy event therefore has to address both margin quality and volume pressure.

Stock remains below its yearly high

Porsche AG's market capitalization was EUR 39.4 billion as of October 2, 2026. Its 52-week range was EUR 35.62 to EUR 50.66, placing the Lang & Schwarz price EUR 7.61 below the high, or 15.02 percent lower.

The company's Investor Relations calendar lists October 7, 2026 for the Capital Markets Day, October 12, 2026 for the pre-close call on the third quarter, and October 27, 2026 for the third-quarter report, according to Porsche AG.

EUR 43.05 price sets the reference

At Lang & Schwarz, Porsche AG stock was trading at EUR 43.05 on October 2, 2026 at 4:31 p.m. CEST, down minus 0.69 percent versus the prior close of EUR 43.35 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Porsche AG stock.