Porsche AGP911
▼ NegativeDemandrelevance
Deliveries fell 16% in first half of 2026, indicating weaker end-customer demand.
Dr. Ing. h.c. F. Porsche reported first half 2026 deliveries of 122,306 vehicles, a 16% decline from 146,391 a year earlier. The stock has softened recently, down 5.45% over the past 30 days, though it still shows a 10.26% gain over 90 days and a 5.64% total shareholder return over one year. Porsche trades at a price-to-earnings ratio of 131.4 times, well above an estimated fair P/E of 19 times and the global auto industry average of 14.4 times. A discounted cash flow model suggests a fair value of €42.73 per share, slightly below the last close of €45.13.
Porsche AGDeliveries fell 16% in first half of 2026, indicating weaker end-customer demand.
Porsche Automobil Holding SEAs the majority owner of Porsche AG, the delivery decline negatively impacts its investment value.