Jefferies cuts target for Porsche AG stock to EUR 47.00
Published on 10/15/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading context
- Jefferies cut its Porsche target from EUR 49.00 to EUR 47.00 on October 12, 2026.
- Porsche delivered 178,532 vehicles in the first nine months of 2026, down 16.00 percent year over year.
- Porsche AG stock trades at EUR 41.09 at 11:33 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.70 percent below the Xetra close of October 14, 2026.
Porsche AG (ISIN DE000PAG9113) stock was trading at EUR 41.09 at Lang & Schwarz on October 15, 2026, at 11:33 a.m. CEST, down 0.70 percent versus the Xetra close of October 14, 2026, at EUR 41.38. The latest analyst move came from Jefferies, which cut its target while keeping a Hold rating.
Jefferies lowers its target
According to Ariva on October 12, 2026, Jefferies cut its Porsche AG price target from EUR 49.00 to EUR 47.00 and retained its Hold rating. The new target is 14.38 percent above the Lang & Schwarz price, while the 2026 sales picture remains pressured by lower deliveries.
The target revision followed Porsche's nine-month delivery update. According to Reuters on October 9, 2026, global deliveries fell 16.00 percent year over year to 178,532 vehicles. China deliveries dropped 33.00 percent, while 911 deliveries increased 12.00 percent to 42,217 vehicles.
What does the strategy target?
Porsche's October 7, 2026 strategy release puts profitability ahead of volume expansion. The company targets a medium-term Group operating return on sales of 10.00 percent to 15.00 percent and an Automotive net cash flow margin of 9.00 percent to 12.00 percent, according to Porsche Newsroom. The plan also aims to lower break-even volume below 200,000 vehicles.
Three recent Porsche milestones
On October 7, 2026, Porsche set medium-term operating return targets of 10.00 percent to 15.00 percent. On October 9, 2026, it reported 178,532 nine-month deliveries, down 16.00 percent. On October 12, 2026, Jefferies cut its target from EUR 49.00 to EUR 47.00, the latest dated event in this sequence.
Dates for the next reports
Porsche AG lists its next quarterly statement for October 27, 2026. Barron's also lists the fiscal 2026 results for March 17, 2027, in its Barron's company calendar.
Trading below the analyst target
The EUR 47.00 target leaves a quantified gap to the EUR 41.09 Lang & Schwarz price, but the market is also weighing falling deliveries and the cost of Porsche's transition. The company reported EUR 36.3 billion in fiscal year 2025 revenue and a 1.10 percent Group operating return on sales, according to its investor-relations page.
Porsche AG was trading at EUR 41.09 at Lang & Schwarz on October 15, 2026, at 11:33 a.m. CEST, 0.70 percent below the Xetra close of October 14, 2026, at EUR 41.38. The further course of trading is shown by the continuously updated real-time quote of Porsche AG stock.
Porsche AG stock facts
- Company: Dr. Ing. h.c. F. Porsche AG
- ISIN: DE000PAG9113
- Ticker: P911
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 15, 2026, 11:33 a.m. CEST): EUR 41.09
- Change versus Xetra close: minus 0.70 percent
- Xetra close (October 14, 2026): EUR 41.38
- Market capitalization: EUR 37.5 billion (as of October 15, 2026)
- 52-week range: EUR 35.62-EUR 50.66 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
Market context: Market report DAX.
