Volkswagen delivered 6 million vehicles. Volkswagen stock sits 37.42 percent below its high

Published on 10/14/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept Buy at EUR 120.00 on October 12, 2026. Volkswagen stock was EUR 68.31 on October 14, 2026, 0.80 percent below EUR 68.86.

Delivery update and earnings dates

Volkswagen reported 6 million vehicle deliveries through September on October 12, 2026.
H1 2026 revenue was EUR 158.1 billion and operating profit was EUR 5.9 billion.
Volkswagen stock traded at EUR 68.31 at 1:08 p.m. CEST on October 14, 2026, 0.80 percent below the Xetra close of October 13, 2026.

Fließbandarbeiter montiert Autotür in schwarz-weißer Reportagefotografie — Volkswagen AG Vz (DE0007664039) – Dokumentarisches Schwarz-Weiß-Bild zeigt Fließbandarbeiter bei der Türmontage am Band, Illustration mit AI erstellt.

Volkswagen AG (ISIN DE0007664039) reported 6 million vehicle deliveries through September on October 12, 2026, while Volkswagen stock traded at EUR 68.31 at Lang & Schwarz on October 14, 2026. The price stood 37.42 percent below its 52-week high of EUR 109.15, giving investors a sharp contrast between operating scale and market valuation.

Three milestones shape the picture

In its investor information, Volkswagen Group reported EUR 158.1 billion of revenue and EUR 5.9 billion of operating profit for the first half of 2026 on July 24, 2026.

On September 18, 2026, Volkswagen cut its fiscal 2026 operating margin outlook to up to 1.00 percent from 4.00 to 5.50 percent, according to the company's official forecast update.

The current event came on October 12, 2026, when Volkswagen Group said deliveries had reached 6 million vehicles through September and that about 40.00 percent of its European order backlog consisted of fully electric models.

What does the margin cut mean?

The margin revision puts the operating outlook below the first-half result. Bloomberg reported on September 18, 2026, that Volkswagen cited a EUR 6.0 billion Porsche impairment, weakness in China and the accelerating electric-vehicle transition as key pressures behind the forecast.

Volkswagen also said negative effects of about EUR 10.0 billion would weigh on 2026 profit, while the first-half operating margin was 3.80 percent. The comparison matters because the forecasted full-year margin of up to 1.00 percent is 2.80 percentage points below the first-half level.

Next dates for Volkswagen

The next major reporting date is October 29, 2026, when Volkswagen will publish its interim report for the nine months through September, according to Volkswagen Group investor information. The investor calendar also lists the UBS European Conference on November 11, 2026.

Jefferies kept its Buy rating and EUR 120.00 price target on October 12, 2026, according to finanzen.ch. The target is 75.66 percent above the Lang & Schwarz price, but the analyst also described full-year expectations as fragile ahead of sector results.

Stock remains below its yearly high

Volkswagen stock was trading at EUR 68.31 at Lang & Schwarz on October 14, 2026 at 1:08 p.m. CEST, 0.80 percent below the Xetra close of October 13, 2026 at EUR 68.86. Its 52-week range was EUR 66.60 to EUR 109.15, and its market capitalization was EUR 34.3 billion as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Volkswagen stock.