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PIERER Mobility AG ( (CH:PKTM) ) has provided an update.
Bajaj Mobility AG reported a sharp decline in preliminary 2025 revenue to just above EUR 1 billion, down around 46% year-on-year, as motorcycle sales fell 28% to 209,704 units and bicycle and e-bike sales dropped 40% amid the closure of the bicycle division. The group nonetheless achieved a key restructuring milestone by cutting motorcycle inventories by more than 100,000 units and launching a global cost-cutting programme at KTM AG, including the elimination of about 500 mainly salaried and middle-management positions, positioning the company for improved competitiveness despite short-term pressure on earnings and employment.
The most recent analyst rating on (CH:PKTM) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on PIERER Mobility AG stock, see the CH:PKTM Stock Forecast page.
More about PIERER Mobility AG
Bajaj Mobility AG, formerly PIERER Mobility AG, is the holding company of the KTM Group, one of Europe’s leading premium motorcycle manufacturers. Through its KTM, Husqvarna and GASGAS brands, the group focuses on combustion-engine motorcycles, high-end WP components and vehicles with innovative electric drives, serving the global market for performance-oriented two-wheelers.
Average Trading Volume: 7,456
Technical Sentiment Signal: Sell
Current Market Cap: CHF572.5M
Learn more about PKTM stock on TipRanks’ Stock Analysis page.