Porsche AG slumps, traders point to 2026 consensus comment
12/01/2026 15:54
** Shares in Porsche AG P911_p.DE fall 6.7% to a 1-month low as traders point to a comment from ODDO BHF saying the 2026 consensus looked too high following a meeting with the CFO ** ODDO says the German luxury carmaker's current situation on tariffs, investments and supply chain support point towards lower revenues in 2026 with the margin a bit above mid-single digits but not close to double digits, around 6-8% ** "Communication at recent conferences already seemed more conservative than messages given during Q3 results, but this seems a bit more conservative still," the broker says ** In October, Porsche AG forecast its profit margin to recover to a high single-digit percentage for 2026 (Reporting by Danilo Masoni and Bartosz Dabrowski) ((bartosz.dabrowski@thomsonreuters.com))