Volkswagen AG stock trades at EUR 71.31 versus EUR 71.47 at minus 0.22 percent

Published on 09/30/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Volkswagen AG stock was at EUR 71.31 at Lang & Schwarz on September 30, 2026 at 11:01 a.m. CEST, minus 0.22 percent versus EUR 71.47. The 2026 margin forecast is up to 1 percent.

Elektro-Kompaktwagen an Ladestation auf Industriegelände bei Dämmerung — Volkswagen AG Vz (DE0007664039) – Generischer Elektro-Kompaktwagen lädt zur blauen Stunde auf Werksgelände, Illustration mit AI erstellt.

Volkswagen AG (ISIN DE0007664039) was trading at EUR 71.31 at Lang & Schwarz on September 30, 2026 at 11:01 a.m. CEST, minus 0.22 percent versus the prior close of EUR 71.47. The stock is digesting a sharply reduced 2026 profitability forecast while labor representatives prepare for restructuring talks in Hanover.

Profit forecast falls to 1 percent

According to CNBC on September 21, 2026, Volkswagen cut its expected 2026 operating return on sales to up to 1 percent from a previous range of 4 percent to 5.5 percent. The company cited a Porsche impairment, weaker conditions in China and restructuring expenses.

The warning includes EUR 10.0 billion in one-off effects for 2026, while underlying margins were described at 4 percent. That comparison matters because the reported forecast compresses the headline margin even as the underlying business remains materially higher.

Second-quarter income also declines

Volkswagen reported EUR 82.4 billion in second-quarter 2026 revenue and EUR 3.5 billion in operating income, down from EUR 3.8 billion in the second quarter of 2025, according to NadirAlpha. Net income stood at EUR 1.5 billion in the quarter, compared with EUR 2.3 billion a year earlier.

For the first half of 2026, sales revenue reached EUR 158.1 billion versus EUR 158.4 billion previously, while the operating result fell to EUR 5.9 billion from EUR 6.7 billion. The figures show a relatively stable top line alongside weaker profitability.

Restructuring talks add a near-term test

Reuters reported on September 23, 2026, that Volkswagen, IG Metall and the works council were expected to discuss the overhaul in Hanover on September 30, 2026. The talks concern employment and investment commitments linked to a 2024 labor agreement.

The restructuring plan involves up to 100,000 job cuts across the group, according to Reuters, while four German plants face possible closure from the start of the next decade. This makes execution of the cost program a central issue alongside the weaker margin guidance.

Stock remains near yearly low

Volkswagen's reference price of EUR 71.31 on September 30, 2026 stood EUR 2.11 above the 52-week low of EUR 69.20 and EUR 37.84 below the 52-week high of EUR 109.15. Market capitalization was EUR 35.8 billion on the same date.

At Lang & Schwarz, Volkswagen AG was trading at EUR 71.31 on September 30, 2026 at 11:01 a.m. CEST, minus 0.22 percent versus the prior close of EUR 71.47. The next reported checkpoint is scheduled for October 29, 2026, when the company is due to publish its third-quarter results.