BMW stock: J.P. Morgan keeps EUR 82 target for BMW stock
Published on 10/21/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- J.P. Morgan maintained an EUR 82.00 target for BMW on October 13, 2026.
- BMW reported EUR 1.24 billion in net income for the second quarter of 2026.
- BMW stock stood at EUR 57.22 at Tradegate on October 21, 2026, down 0.73 percent versus the Xetra close of October 20, 2026 at EUR 57.64.
- BMW is scheduled to publish its third-quarter 2026 statement on November 4, 2026.
J.P. Morgan analyst Jose Asumendi maintained a Buy rating and an EUR 82.00 target for BMW stock on October 13, 2026, according to MarketScreener. The target stands 43.31 percent above the last available Tradegate price of EUR 57.22. BMW's second-quarter figures provide the counterweight to that valuation gap.
The last available euro price stood at EUR 57.22 at Tradegate on October 21, 2026 at 11:12 a.m. CEST, down 0.73 percent versus the Xetra close of October 20, 2026 at EUR 57.64.
Second-quarter earnings set the test
BMW recorded EUR 31.26 billion in revenue and EUR 1.24 billion in net income in the second quarter of 2026, with revenue down 7.90 percent from the same quarter a year earlier, according to Admirals. The automotive EBIT margin was 2.30 percent, while the company guided to a 1.00 percent to 3.00 percent range for 2026.
Stock stays above its yearly low
The EUR 51.98 to EUR 97.92 52-week range puts the Tradegate price 10.08 percent above the low and 41.57 percent below the high as of October 21, 2026. BMW's market capitalization was EUR 34.2 billion, and its price-to-earnings ratio was 5.50 on the same date.
What comes before the results?
BMW is scheduled to publish its third-quarter 2026 statement on November 4, 2026, according to Admirals. The reporting date will test whether the 1.00 percent to 3.00 percent automotive margin outlook remains appropriate after the second-quarter result.
Comparison with peers
BMW: down 0.73 percent versus the Xetra close, price-to-earnings ratio 5.50, market capitalization EUR 34.2 billion on October 21, 2026.
Mercedes-Benz (Xetra, EUR): down 0.47 percent, price-to-earnings ratio 7.83, market capitalization EUR 39.4 billion on October 21, 2026.
Volkswagen (Xetra, EUR): down 0.37 percent, price-to-earnings ratio 6.62, market capitalization EUR 34.8 billion on October 21, 2026.
Target gap meets weaker earnings
J.P. Morgan's EUR 82.00 target sits well above the Tradegate price, while BMW's second-quarter revenue decline and narrow automotive margin show why the upcoming report matters for the valuation.
BMW stock facts
- Company: Bayerische Motoren Werke AG
- ISIN: DE0005190003
- WKN: 519000
- Ticker: BMW
- Primary exchange: Xetra
- Last euro price at Tradegate: EUR 57.22 on October 21, 2026 at 11:12 a.m. CEST
- Change versus Xetra close: minus 0.73 percent
- Xetra close: EUR 57.64 on October 20, 2026
- Market capitalization: EUR 34.2 billion as of October 21, 2026
- 52-week range: EUR 51.98-EUR 97.92 as of October 21, 2026
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
- Index membership: DAX
- Next earnings date: November 4, 2026
Market context: Market report DAX.
