Mercedes-Benz stock falls 1.62 percent as target is cut

Published on 09/24/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mercedes-Benz stock faces a EUR 52 Berenberg target after a EUR 56 level. Q2 revenue reached EUR 32.061 billion, while operating income was EUR 1.927 billion.

Schwarze markenfreie Luxuslimousine fährt bei Sonnenuntergang auf Küstenstraße mit Meeresblick — Schwarze Premium-Limousine auf kurvenreicher Küstenstraße bei Sonnenuntergang. Mercedes-Benz Group AG, ISIN DE0007100000, Illustration mit AI erstellt.

Mercedes-Benz stock (ISIN DE0007100000) was trading at EUR 41.42 on Xetra on September 24, 2026, down 1.62 percent from the previous close of EUR 42.10. The latest analyst move came from Berenberg, which cut its price target from EUR 56 to EUR 52 on September 15, 2026.

Berenberg cuts target to EUR 52

According to MarketScreener, Berenberg reduced the target from EUR 56 to EUR 52 in a sector study while maintaining a Hold rating. The EUR 52 target stands 25.5 percent above the Xetra price of EUR 41.42 on September 24, 2026.

The adjustment puts the analyst view against a stock that has lost 1.62 percent during the September 24 session. For investors, the key contrast is the distance between the target and the market price, alongside the companys current earnings base.

Q2 revenue reaches EUR 32.061 billion

The Mercedes-Benz investor relations page identifies Q2 2026 as the latest reported period and says the full-year outlook was confirmed. Q2 revenue was EUR 32.061 billion, up from EUR 31.602 billion in Q1 2026, while operating income increased from EUR 1.640 billion to EUR 1.927 billion.

Net income was EUR 1.065 billion in Q2 2026, compared with EUR 1.418 billion in Q1. The sequential combination is notable: revenue and operating income improved, but net income declined by 24.8 percent, giving investors a mixed quarterly earnings signal. The company also reported EUR 1.211 billion in free cash flow for the quarter.

Stock sits near its yearly low

At EUR 41.42, Mercedes-Benz stock stood 0.7 percent above its 52-week low of EUR 41.14 and 33.5 percent below its 52-week high of EUR 62.34 on September 24, 2026. The market capitalization was EUR 39,657,415,880 on the same date.

The combination of a confirmed full-year outlook, sequential operating-income growth and a lower analyst target leaves the stock anchored between current earnings delivery and concerns about valuation support. The next company reporting date listed by investor relations is October 28, 2026, when Mercedes-Benz is scheduled to publish its Q3 2026 interim report.