Porsche SE cut 2026 forecast. Porsche SE stock falls 1.15 percent.

Published on 10/20/2026 at 12:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Porsche SE cut guidance to EUR -0.5 billion to EUR 1.5 billion. Porsche SE stock costs EUR 24.89, 1.15 percent below Xetra on October 20, 2026.

Forecast and balance sheet anchors

Porsche SE cut its 2026 adjusted result range to minus EUR 0.5 billion to plus EUR 1.5 billion on September 18, 2026.
Adjusted after-tax profit was EUR 949 million and net debt was EUR 4.982 billion on June 30, 2026.
Porsche SE stock trades at EUR 24.89 at 12:50 p.m. CEST at Lang & Schwarz on October 20, 2026, 1.15 percent below the Xetra close of October 19, 2026.
The next quarterly report is scheduled for November 10, 2026.

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Porsche SE (ISIN DE000PAH0038) cut its 2026 adjusted after-tax result range to minus EUR 0.5 billion to plus EUR 1.5 billion on September 18, 2026, according to Porsche SE. At 12:50 p.m. CEST on October 20, 2026, its stock was down 1.15 percent versus the Xetra close.

Forecast reset remains central

The forecast adjustment is the most recent company-specific event in the available 30-day window. It gives investors a wide result corridor, stretching from a loss of EUR 0.5 billion to a profit of EUR 1.5 billion, rather than a single-point outlook.

The holding company also reported adjusted after-tax profit of EUR 949 million for the first half of 2026. Porsche SE's net asset value stood at EUR 12.5 billion on June 30, 2026, while its holding discount was 34 percent, according to Porsche SE.

What does the balance sheet show?

Net debt reached EUR 4.982 billion on June 30, 2026, and the loan-to-value ratio was 28.5 percent. Those figures frame the forecast revision: portfolio value remains substantial, but financing costs and the value of the core automotive holdings remain important drivers of the result.

MarketScreener listed a HOLD consensus from 9 analysts and an average target of EUR 35.03 on October 9, 2026. That target is 40.74 percent above the Lang & Schwarz price of EUR 24.89, calculated on the same euro basis.

Next reporting date is November 10

Porsche SE's next scheduled publication is the group quarterly statement for the third quarter of 2026 on November 10, 2026, according to Porsche SE. That date is the next concrete checkpoint for any change to the adjusted result range.

Stock remains below its yearly high

The stock's market capitalization was EUR 7.6 billion on October 20, 2026. Its 52-week range was EUR 24.24 to EUR 41.52, placing the current quote near the lower end of that interval.

Porsche SE was trading at EUR 24.89 at Lang & Schwarz on October 20, 2026 at 12:50 p.m. CEST, down EUR 0.29, or 1.15 percent, versus the Xetra close of October 19, 2026 at EUR 25.18. The further course of trading is shown by the continuously updated real-time quote of Porsche SE stock.