FRANKFURT / LONDON (IT BOLTWISE) – Porsche AG shares are showing a remarkable recovery after the publication of the quarterly figures. Despite a significant drop in profits due to high costs for extending combustion engines, the share price climbed above the important 200-day line. Experts see a mixed picture in the third quarter results, but market participants are increasingly speculating that prices will rise.
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Porsche AG recently released its quarterly results, which led to a remarkable recovery in its shares. Despite a significant drop in profits due to the high cost of renewing internal combustion engines, the stock price rose above the key 200-day line. This development marks the first time the stock has exceeded this point in over a year.
The recent recovery in Porsche shares began in mid-October and has gained about a fifth in value since then. The shares of the parent company Volkswagen and the group holding company Porsche SE also recorded price gains on Monday. The sports car manufacturer Porsche AG presented its quarterly figures on Friday after the market closed, which experts rated as mixed.
Analysts such as RBC’s Tom Narayan expressed disappointment with revenue, while operating profit slightly exceeded expectations. Philippe Houchois of Jefferies saw no negative surprises in the third quarter results. Deutsche Bank’s Tim Rokossa highlighted the free cash flow, which significantly exceeded expectations, and emphasized Porsche’s brand strength.
The future development of Porsche shares depends on the successful repositioning of the company. Current CEO Oliver Blume plans to move completely to parent company VW at the beginning of 2026, while Michael Leiters, a former McLaren manager, is set to take over the top job at Porsche. Despite the challenges, Rokossa sees some upside potential for the shares, which have still lost 60 percent of their value since their 2023 peak.
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