Auto1 shares at the bottom of STOXX 600 on weak 2026 EBITDA forecast

AUTO1 SE

25/02/2026 08:59

** Auto1 AG1G.DE is down 6.4%, pares losses after falling as much as 11%, after the German online second-hand car dealer forecast lower-than-expected EBITDA for 2026

** It expects 2026 EBITDA between 250 million euros and 255 million euros ($295 million-$301 million), versus a LSEG-compiled consensus mean of 268 million euros

** "EBITDA guidance ... is slightly disappointing and we flag low absolute numbers", J.P. Morgan says

** Despite the co being "notoriously cautious in guiding", the broker still expects a 1-2% cut to 2026 EBITDA consensus estimates

** The broker adds that "operational leverage is not fully coming through the system just yet as the company plans to further invest"

** Auto1 shares are at the bottom of STOXX 600 .STOXX European index

($1 = 0.8478 euros)

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))