Jefferies cuts target for Porsche AG stock to EUR 47
Published on 10/14/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting dates
- Jefferies cut its Porsche AG 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 41.46 at 12:06 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.27 percent above the Xetra close of October 13, 2026.
- Porsche is scheduled to report its third-quarter results on October 27, 2026.
Jefferies cut its Porsche AG target from EUR 49.00 to EUR 47.00 on October 12, 2026, while Porsche stock was at EUR 41.46 at Lang & Schwarz on October 14, 2026. According to boerse.de, Jefferies kept its Hold rating as it cited fragile full-year expectations and weaker Porsche deliveries, especially in China.
Three dated turning points
On October 8, 2026, Porsche had increased its stake in Manthey Racing to 67 percent, according to Porsche Newsroom. On October 9, 2026, the company reported 178,532 vehicle deliveries in the first nine months, down 16.00 percent from 212,509 a year earlier.
On October 12, 2026, Jefferies had lowered its target from EUR 49.00 to EUR 47.00 while retaining Hold, as boerse.de reported. The sequence shows the tension between Porsche's premium-brand strategy and weaker volume expectations.
What does the lower target signal?
The new EUR 47.00 target sits EUR 5.54 above the Lang & Schwarz price of EUR 41.46, but that comparison uses different reference dates and is not a forecast by this article. Porsche's latest delivery data provide the operating counterweight: China deliveries fell 33.00 percent to 21,493 vehicles in the first nine months of 2026, while 911 deliveries rose 12.00 percent to 42,217.
The company's strategy points toward higher value per vehicle rather than maximum volume. Porsche targets a medium-term group operating margin of 10.00 to 15.00 percent and a long-term target of 15.00 percent, while its break-even point is intended to fall below 200,000 vehicles.
Next dates for Porsche
Porsche will preview a potential mid-engined super sports car platform on October 15, 2026, according to Porsche Newsroom. Its next quarterly report is scheduled for October 27, 2026, per Porsche Investor Relations.
Stock price and investor context
Porsche stock was trading at EUR 41.46 at Lang & Schwarz on October 14, 2026 at 12:06 p.m. CEST, 0.27 percent above the Xetra close of October 13, 2026 at EUR 41.35. The finance quote showed a market capitalization of EUR 37.8 billion and a 52-week range of EUR 35.62 to EUR 50.66 on October 14, 2026.
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
- WKN: PAG911
- Ticker: P911
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 14, 2026, 12:06 p.m. CEST): EUR 41.46
- Change versus Xetra close: plus 0.27 percent
- Xetra close (October 13, 2026): EUR 41.35
- Market capitalization: EUR 37.8 billion (as of October 14, 2026)
- 52-week range: EUR 35.62-EUR 50.66 (as of October 14, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
- Index membership: MDAX
- Next earnings date: October 27, 2026
Market context: Market report DAX.
