Volkswagen stock falls 2.17 percent below its yearly high

Volkswagen stock was trading at EUR 71.32 on Xetra on September 24, 2026, down 2.17 percent from the previous close and 34.67 percent below its 52-week high of EUR 109.15. The price move keeps the company among the weaker large German automotive stocks while quarterly operating figures provide a more differentiated picture.

Revenue rises in Q2 2026

Volkswagen generated EUR 82.444 billion in revenue in Q2 2026, compared with EUR 75.657 billion in Q1 2026. That increase of 8.97 percent shows that the group expanded sales sequentially even as the share price remained well below its yearly peak.

Operating income reached EUR 3.469 billion in Q2 2026, up from EUR 2.461 billion in Q1. The sequential increase was 40.96 percent, although net income was EUR 1.342 billion in Q2 against EUR 1.290 billion in Q1, a gain of 4.03 percent.

Analyst target stays above price

On September 22, 2026, Berenberg reiterated its Buy rating for Volkswagen and kept its price target at EUR 100, as MarketScreener reported. The target stands EUR 28.68 above the Xetra price, or 40.21 percent higher.

The contrast between the quarterly figures and the market valuation is important. Revenue, operating income and net income all increased from Q1 to Q2 2026, while the share price was still 34.67 percent below the 52-week high. Investors are therefore weighing sequential earnings improvement against the weaker price trend and the gap between the current quote and the analyst target.

Stock remains below yearly high

Volkswagen stock was trading at EUR 71.32 on Xetra on September 24, 2026. The 52-week range was EUR 69.20 to EUR 109.15, placing the quote EUR 2.12 above the yearly low and EUR 37.83 below the yearly high.