Daimler Truck stock falls 1.69 percent as buyback enters second tranche

Published on 09/25/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Daimler Truck stock carries 2026 guidance of 9 percent to 11 percent return on sales. Q2 revenue rose 5 percent to EUR 12.3 billion, while adjusted EBIT fell 22 percent.

Schwerer ungebrandeter LKW mit Sattelauflieger auf nasser Autobahn bei Sonnenuntergang — Fotorealistische Aufnahme eines schweren Sattelzugs auf einer europäischen Autobahn bei dramatischer Dämmerung – passend zur Daimler Truck Holding AG (ISIN DE000DTR0CK8), dem führenden deutschen Nutzfahrzeughersteller, Illustration mit AI erstellt.

Daimler Truck stock (ISIN DE000DTR0CK8) fell 1.69 percent to EUR 41.86 on Xetra on September 24, 2026. The move came as the commercial-vehicle maker entered the second tranche of its share-buyback program, which can reach EUR 1.1 billion through June 30, 2027.

Buyback reaches EUR 1.1 billion

According to Deutsche Boerse, the second tranche started on September 21, 2026 and allows purchases of up to 65,329,378 shares for a maximum EUR 1.1 billion. The broader program permits purchases of up to 72,487,118 shares for a total maximum of EUR 2 billion.

The buyback gives the stock a concrete capital-return factor while the Xetra price remains EUR 2.58 below the EUR 44.44 level implied by the September 24 move. The comparison matters because the share price has also moved below the EUR 50 target cited by Morgan Stanley.

Q2 revenue rises 5 percent

According to Yahoo Finance, group revenue in Q2 2026 increased 5 percent to EUR 12.3 billion. Industrial-business adjusted EBIT declined 22 percent to EUR 780 million, and adjusted return on sales fell to 6.8 percent from 9.2 percent in the prior-year quarter.

The same earnings-call material lists full-year 2026 guidance of 9 percent to 11 percent adjusted return on sales and unit sales of 160,000 to 180,000 vehicles for Truck North America. Group adjusted EBIT guidance stands at EUR 3.6 billion to EUR 4.1 billion, while industrial-business revenue guidance is EUR 43 billion to EUR 47 billion.

EUR 50 target meets weaker price

MarketScreener reported that Morgan Stanley cut its rating to Underweight from Equal-weight and raised its price target to EUR 50 from EUR 47. At EUR 41.86, the target lies 19.4 percent above the September 24 Xetra price, making the valuation gap a central market reference.

The next scheduled checkpoint is the Q3 2026 earnings release on November 5, 2026. For investors, the key tension is visible in the numbers: revenue improved in Q2, but industrial adjusted EBIT and the share price both moved lower on the comparison dates.

Stock trades at EUR 41.86

Daimler Truck stock stood at EUR 41.86 on Xetra on September 24, 2026, down EUR 0.72 or 1.69 percent from EUR 42.58. The stock's dated market signal now sits alongside a buyback authorization of up to EUR 1.1 billion and 2026 operating guidance.