Erste Group Bank Predicts Reduced Earnings for Volkswagen

Key Points

• Erste Group Bank lowered Volkswagen’s FY2026 EPS forecast to $2.02 from $2.12, while projecting FY2027 EPS of $2.54. The revised FY2026 estimate remains above the broader consensus of $1.86.
• Volkswagen’s latest quarterly results showed adjusted EPS of $0.30, missing expectations of $0.57, despite revenue of $93.81 billion exceeding the $92.92 billion consensus estimate.
• Analyst sentiment remains mixed but leans positive, with Volkswagen holding a “Moderate Buy” consensus rating. Shares opened at $9.06, near the lower end of their 12-month range of $8.07 to $12.83.

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Free Report) - Analysts at Erste Group Bank cut their FY2026 EPS estimates for Volkswagen in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $2.02 for the year, down from their previous forecast of $2.12. The consensus estimate for Volkswagen's current full-year earnings is $1.86 per share. Erste Group Bank also issued estimates for Volkswagen's FY2027 earnings at $2.54 EPS.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.27). Volkswagen had a net margin of 1.68% and a return on equity of 2.70%. The firm had revenue of $93.81 billion during the quarter, compared to analysts' expectations of $92.92 billion.

Several other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Volkswagen in a research report on Monday, July 27th. Citigroup reissued a "buy" rating on shares of Volkswagen in a research note on Tuesday, June 23rd. Finally, Zacks Research lowered Volkswagen from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Volkswagen presently has an average rating of "Moderate Buy".

Volkswagen Stock Up 0.3%

Shares of OTCMKTS:VWAGY opened at $9.06 on Tuesday. The company's fifty day moving average is $8.62 and its two-hundred day moving average is $9.96. Volkswagen has a 12-month low of $8.07 and a 12-month high of $12.83. The company has a market cap of $45.42 billion, a P/E ratio of 7.43, a price-to-earnings-growth ratio of 0.38 and a beta of 1.06.

About Volkswagen

Volkswagen AG is one of the world's largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market "people's car," the company expanded through the post-war period into a global automotive group. Volkswagen's operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company's consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.

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