German carmaker Mercedes-Benz Group AG on Tuesday cut its 2026 unit sales outlook for its Cars division. The company said sales are now expected to be slightly below the previous year's level.
The Senate Commerce Committee advanced bipartisan legislation aimed at blocking Chinese-linked automakers and vehicle technology from the U.S. Sen. Ted Cruz, R-Texas, warned that the bill's 15% Chinese ownership threshold could cover Mercedes-Benz because its two largest individual shareholders, both Chinese, collectively own nearly 20% of the company.
Mercedes-Benz (MBGYY) remains undervalued, trading below €50/share with a well-covered 6%+ yield and an A credit rating. I maintain a €78/share price target and a 'Buy' rating, expecting significant long-term upside even at conservative 8-9x P/E multiples. The company's luxury-first strategy, strong FCF (€2B in Q1), and resilient margins support robust forward growth despite EV headwinds and China risks.
Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 89,935 shares, an increase of 50.5% from the February 12th total of 59,771 shares. Based on an average trading volume of 435,018 shares,
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mercedes-Benz Group AG settles a $149.6M U.S. diesel emissions case, ending years of legal trouble as Q3 revenues and vehicle sales slide.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.