Tofas Turk Otomobil stock fell 3.23 percent on October 7

Published on 10/08/2026 at 05:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tofas Turk Otomobil stock reported H1 revenue of TRY 201.8 billion, up 60.6 percent year over year. Production reached 77,000 units.

Tofas Turk Otomobil, TRATOASO91H3, Illustration mit AI erstellt.

Tofas Turk Otomobil (ISIN TRATOASO91H3) fell 3.23 percent to TRY 262.50 on Borsa Istanbul on October 7, 2026, after opening at TRY 271.00 and trading between TRY 261.25 and TRY 272.75. The completed session gives investors a clear market signal while the company’s latest operating figures point to a stronger production base.

Production reaches 77,000 vehicles

Yahoo Finance reported that Tofas produced 77,000 vehicles in H1 2026, an increase of 30 percent from the same period a year earlier. The company maintained full-year production guidance of 145,000-155,000 units.

The same H1 2026 update put revenue at TRY 201.8 billion, up 60.6 percent year over year, while net profit rose 197.2 percent to TRY 6.29 billion. EBITDA increased 16 percent to TRY 4.8 billion, and profit before tax reached nearly TRY 7 billion as the PBT margin improved to 3.4 percent.

Consensus target stands 55.1 percent higher

A published analyst overview lists 9 analysts covering Tofas, including 7 Buy, 2 Hold and 0 Sell ratings, with an average 12-month target of TRY 407.07. The target lies 55.1 percent above the October 7 price of TRY 262.50, while the published low and high targets are TRY 320.00 and TRY 530.00, according to Makkler.

The valuation case depends on whether the K0 export ramp can translate into sustained capacity utilization. H1 production growth and the maintained production outlook provide measurable operating support, while the October 7 price move shows that the market is still reassessing the path from higher output to earnings.

Next results date is October 28

Makkler lists October 28, 2026 as the next earnings date for Tofas. That date will give investors a fresh check on production, revenue conversion and the company’s full-year guidance.

Tofas Turk Otomobil stock was last at TRY 262.50 on Borsa Istanbul on October 7, 2026, with a 52-week range of TRY 223.90 to TRY 358.25 and market capitalization of TRY 131.3 billion.