Schaeffler slips after in-line Q3, analyst points to profit taking

Schaeffler AG

04/11/2025 10:10

** Shares in Schaeffler SHA0n.DE fall around 4% after the German auto supplier posted final Q3 results

** Warburg analyst Marc-René Tonn says the shares are most likely falling due profit taking after a strong run in recent weeks and months, noting that the stock has more than doubled from April lows

** Up to the previous session's close, shares were up 67%​ YTD

** Jefferies analysts say the results are in line with last week's pre-release

** "Schaeffler is tracking well, though we continue to see relative valuation as stretch," the broker says

 (Reporting by Maria Rugamer and Simon Ferdinand Eibach)

 ((Maria.Rugamer@thomsonreuters.com))