The French companies unveiled the partnership as automakers gear up to collaborate with defense suppliers to play a larger role in weapons production.
Renault SA (RNLSY) Q1 2026 Sales/Trading Call Transcript
Shares of Renault (OTCMKTS:RNLSY - Get Free Report) have been given an average recommendation of "Reduce" by the seven analysts that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. RNLSY
Revenue rose 8.8% at constant exchange rates, while the carmaker said it was taking additional steps to mitigate the potential impact of the Middle East conflict.
French automaker Renault on Thursday said first-quarter sales rose 7.3% from a year earlier, well above expectations, as a jump in sales to partners including Nissan 7201.TO and China's Geely more than offset a disruption in production for its low-cost Dacia brand.
French car maker Renault Group's Chairman Jean-Dominique Senard will not seek a new term at the end of his current term in spring 2027, a source close to the matter told Reuters on Wednesday.
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.
Renault remains a buy following its 'futuREady' Strategy Day, which reinforced my confidence in its medium-term targets. Management reaffirmed a 5%-7% operating profit margin goal and annual €400 per-vehicle cost reductions. The company has adopted a progressive dividend policy, supported by its targeted free cash flow growth from 2026's €1.0B to €1.5B for the intermediate-term.
The French carmaker said it plans to launch 36 new models by the end of this decade, as it looks beyond Europe to drive growth.
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.
Renault SA (RNLSY) Q4 2025 Earnings Call Transcript
French automaker Renault Group is studying a plan to build its next generation of compact electric vehicles (EVs) at its plant in Palencia in Spain, CEO Francois Provost said on Thursday, after the company reported earnings for 2025.