Mercedes-Benz stock trades at its 52-week low as China weighs

Published on 10/03/2026 at 23:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mercedes-Benz stock carries Q2 2026 group EBIT of EUR 1.5 billion, up 22 percent year over year. The company lowered 2026 sales guidance after first-half sales fell 7 percent including China.

Isometrische Illustration einer Fahrzeug-Wertschöpfungskette mit Robotern — Isometrische 3D-Grafik zeigt die Wertschöpfungskette der Automobilproduktion bei der Mercedes-Benz Group AG (DE0007100000), Illustration mit AI erstellt.

Mercedes-Benz stock was last at EUR 39.73 on Xetra on October 2, 2026, at 5:35 p.m. CEST, down 0.84 percent from the previous close. The price matched its 52-week low of EUR 39.73, putting China pressure and the group outlook at the center of the investment case.

Q2 guidance shifts toward China

In the Q2 2026 earnings call dated July 28, 2026, Yahoo Finance reported group revenue of EUR 32 billion, slightly below the prior year, while reported EBIT reached EUR 1.5 billion, 22 percent above the prior year.

The sharper signal was the sales outlook. Mercedes-Benz said first-half total sales fell 7 percent including China and lowered full-year 2026 sales guidance to slightly below 2025 levels, while raising its xEV share guidance to 23-25 percent.

Margins show the China tradeoff

The Q2 operating picture is uneven. Cars delivered adjusted EBIT of EUR 900 million and an adjusted return on sales of 4 percent, while the group confirmed a full-year adjusted return-on-sales range of 3-5 percent and expects to land in its lower half.

According to Yahoo Finance, sales outside China grew 2 percent in the first half, while second-generation battery-electric vehicle sales rose 51 percent. That contrast gives the stock a measurable counterweight to the China setback, but it also leaves execution and product mix central to the next results.

Results date sets next checkpoint

The investor-relations calendar lists the Q3 2026 group interim report and analyst conference call for October 28, 2026, while a pre-close call is scheduled for October 8, 2026, according to Mercedes-Benz Group. Those dates create the next test for the lower-half margin outlook and the sales trajectory in China.

Stock sits at its yearly floor

On October 2, 2026, Mercedes-Benz stock traded between EUR 39.73 and EUR 40.46 on Xetra, with volume of 2,480,242 shares and a market capitalization of EUR 38.0 billion. The EUR 39.73 price was EUR 22.61 below the 52-week high of EUR 62.34, a 36.3 percent gap.