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An announcement from PIERER Mobility AG ( (CH:PKTM) ) is now available.
PIERER Mobility AG, soon to operate under the name Bajaj Mobility AG, has extended the mandate of CEO Gottfried Neumeister as head of both the group and KTM AG until 31 December 2028, signaling strategic continuity under its new majority ownership by Bajaj. Following the recent change of control in November 2025, the early contract renewal is presented as a commitment to the group’s independence, a vote of confidence in Neumeister’s role in stabilising KTM, and support for a strategy focused on simplifying processes, restructuring the KTM Group and sharpening the focus on the core motorcycle business, with Neumeister stepping back from external positions to concentrate fully on these tasks.
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
PIERER Mobility AG, which will be renamed Bajaj Mobility AG, is an Austria-based mobility group centered on KTM AG and focused primarily on the motorcycle market. Listed in Zurich and Vienna, the company develops, produces and sells powered two-wheelers and related mobility solutions, operating globally through a network of partners, dealers and suppliers.
YTD Price Performance: -28.73%
Average Trading Volume: 6,486
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF471.1M
For an in-depth examination of PKTM stock, go to TipRanks’ Overview page.