Dogus Otomotiv starts Tuvturk talks. Dogus Otomotiv stock is 42.35 percent below high

Published on 10/14/2026 at 01:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dogus Otomotiv opened talks to sell 33.33 percent stakes in two ventures. For Dogus Otomotiv stock, second-quarter revenue was TRY 60.0 billion.

Stake sale and quarterly figures

Dogus Otomotiv opened talks involving 33.33 percent stakes on October 13, 2026.
Second-quarter revenue reached TRY 60.0 billion, while net income was TRY 1.74 billion.
Market capitalization stood at TRY 31.3 billion as of October 13, 2026.
The average analyst target was TRY 260.74 from 18 analysts on October 13, 2026.

Dogus Otomotiv, TREDOTO00013, Illustration mit AI erstellt.

Dogus Otomotiv stock is 42.35 percent below its 52-week high after the company opened talks involving its Tuvturk stakes on October 13, 2026. As CNBC reported, Dogus Otomotiv began discussions on selling its 33.33 percent interests in Tuvturk Kuzey and Tuvturk Guney.

What does the sale involve?

The proposed transaction concerns the company's interests in two vehicle-inspection joint ventures. The 33.33 percent stake size applies to each venture, making the announcement a portfolio event rather than a change to Dogus Otomotiv's core vehicle distribution operation.

Foreks reported that the company would evaluate the sale of its full 33.33 percent holding in Tuvturk Kuzey, including a nominal share value of TRY 170.05 million.

Second-quarter results remain central

Operating performance provides a counterweight to the transaction story. According to Simply Wall St, second-quarter 2026 revenue was TRY 60.0 billion, down 12 percent from the same quarter of 2025, while net income reached TRY 1.74 billion, down 25 percent.

Dogus Otomotiv's latest quarterly statement shows the pressure on profitability more clearly: second-quarter net income represented a 2.90 percent margin. The company remains an importer and distributor for brands including Volkswagen, Audi, SEAT, CUPRA, Porsche and Scania, with additional activities in vehicle inspection, financing, logistics and the used-car market.

Stock valuation stays below its high

Yatirimci.ai listed an average target of TRY 260.74 from 18 analysts on October 13, 2026, versus a 52-week high of TRY 247.00. The target figure gives the market a separate valuation reference, while the proposed stake sale leaves the transaction value as the key issue for future disclosures.

Dogus Otomotiv's last available Borsa Istanbul price was TRY 142.40 on October 13, 2026 at 6:08 p.m. TRT. Its market capitalization was TRY 31.3 billion, and the 52-week range was TRY 140.40 to TRY 247.00.