Bayerische Motoren Werke Aktiengesellschaft (BMW) AI Stock Analysis

• Market Cap: €44.97B
• Dividend Yield: 4.64%
• Average Volume (3M): 901.36K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.22
• Revenue Growth: -8.40%
• EPS Growth: -11.54%
• Country: DE
• Employees: 159,104
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 2.92
• Shares Outstanding: 561,134,950
• 10 Day Avg. Volume: 1,046,733
• 30 Day Avg. Volume: 901,360
• PEG Ratio: 3.50
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.43
• P/FCF Ratio: -19.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €90.21
• Price Target Upside: 19.08% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 13
• EPS Forecast (FY): 10.77
• Revenue Forecast (FY): €136.38B

• Rating: 54 Neutral
• Price Target: €83.00 ▲(9.56% Upside)
• Action: Downgraded Date: 03/14/26
• Date: Action: Downgraded 03/14/26

The score is held back primarily by weakening fundamentals (contracting revenue, margin compression, rising leverage) and especially deteriorated cash generation with negative free cash flow. Technical signals are also bearish with price below key moving averages and negative MACD. These risks are partially offset by attractive valuation (low P/E) and a strong dividend yield.

Positive Factors

Innovation and Sustainability

BMW's focus on electric vehicles and mobility services aligns with industry trends towards sustainability and innovation, potentially driving long-term growth and market relevance.

Diversified Revenue Streams

BMW's diversified revenue streams from luxury vehicles, financial services, and mobility solutions provide resilience against market fluctuations and support sustained growth.

Operational Efficiency

Despite revenue challenges, BMW's operational efficiency, as indicated by healthy EBIT and EBITDA margins, supports its ability to manage costs and maintain profitability.

Negative Factors

Declining Revenue Growth

The decline in revenue growth reflects challenges in maintaining sales momentum, which could impact BMW's ability to expand its market share and achieve long-term growth.

Profitability Pressure

Decreasing profit margins indicate pressure on cost management and profitability, potentially affecting BMW's financial health and ability to reinvest in growth initiatives.

Cash Flow Constraints

Significant cash flow constraints could limit BMW's financial flexibility, impacting its ability to invest in strategic initiatives and manage debt effectively.

Bayerische Motoren Werke Aktiengesellschaft Business Overview & Revenue Model

Company Description

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands. This segment sells its products through independent and authorized dealerships. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles and scooters under the BMW Motorrad brand name, as well as spare parts and accessories. The Financial Services segment engages in automobile leasing, retail and dealership financing, multi-brand fleet, customer deposit, and insurance activities; and the provision of fleet management services under the Alphabet brand. The company was founded in 1916 and is based in Munich, Germany.

How the Company Makes Money

BMW generates revenue through multiple key streams: the sale of vehicles, including cars and motorcycles, is the primary source of income, with significant contributions from its luxury brands, including Rolls-Royce and MINI. Additionally, the company earns revenue from financial services such as leasing and financing options for customers, which enhances vehicle sales and customer loyalty. BMW also benefits from the sale of spare parts and accessories, as well as providing maintenance and repair services. Partnerships with technology firms to develop electric and autonomous vehicles further bolster its revenue potential by tapping into emerging markets. Furthermore, BMW's investment in mobility services, including ride-sharing and car-sharing platforms, is expected to contribute to future revenue growth, aligning with changing consumer preferences and urban mobility trends.

Bayerische Motoren Werke Aktiengesellschaft Financial Statement Overview

Summary

Profitability remains positive but has weakened versus prior peaks: revenue contracted in 2024–2025 and EBIT margin fell to 7.4% in 2025 from 11.4% in 2023. Leverage has re-accelerated (debt-to-equity up to ~1.11x in 2025), and cash generation is the main concern with negative free cash flow in 2024–2025 despite continued profits.

Income Statement

Profitability remains solid for an auto manufacturer, but the earnings profile has weakened versus the 2021–2023 peak. Revenue declined in 2024 (-0.1%) and more sharply in 2025 (-2.2%), while operating profitability compressed (EBIT margin fell from 11.4% in 2023 to 7.4% in 2025). Net margin held around ~5–7% in 2023–2025 but is well below 2022’s unusually high level, indicating less favorable pricing/mix and/or higher costs. Overall: still profitable and resilient, but currently on a downshift in growth and margins.

Balance Sheet

The balance sheet shows sizable leverage and rising debt. Debt-to-equity improved from 2020–2023 (about 1.44x to 0.80x) but moved back up in 2024 (~0.93x) and 2025 (~1.11x) as total debt increased materially (to ~106.3B in 2025). Equity has grown over time, supporting the capital base, but the higher leverage raises sensitivity to cyclical demand and funding conditions. Overall: adequate capitalization, but leverage has re-accelerated recently.

Cash Flow

Cash generation has deteriorated meaningfully in the last two years. Operating cash flow dropped sharply from 2022–2023 levels (23.5B and 17.4B) to ~7.6–8.0B in 2024–2025, and free cash flow turned negative in both 2024 (-4.6B) and 2025 (-3.0B). Cash conversion versus earnings is weak recently (free cash flow is negative relative to net income), suggesting working-capital strain and/or elevated investment needs. Overall: the biggest pressure point is the swing to negative free cash flow despite continued reported profits.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	133.45B	142.38B	155.50B	142.61B	111.24B
Gross Profit	27.44B	30.54B	37.23B	31.19B	28.29B
EBITDA	18.56B	20.24B	27.47B	22.55B	19.94B
Net Income	7.29B	7.29B	11.29B	17.94B	12.38B
Balance Sheet
Total Assets	278.35B	267.73B	250.89B	246.93B	229.53B
Cash, Cash Equivalents and Short-Term Investments	18.85B	21.85B	17.33B	22.03B	21.81B
Total Debt	106.30B	85.50B	71.55B	71.56B	83.73B
Total Liabilities	180.45B	172.73B	157.97B	155.64B	154.40B
Stockholders Equity	95.70B	92.31B	89.60B	87.13B	74.37B
Cash Flow
Free Cash Flow	-2.98B	-4.64B	6.47B	14.47B	9.28B
Operating Cash Flow	7.98B	7.57B	17.36B	23.52B	15.90B
Investing Cash Flow	-9.95B	-11.37B	-9.55B	-4.77B	-6.39B
Financing Cash Flow	1.62B	5.77B	-6.67B	-17.98B	-6.74B

Bayerische Motoren Werke Aktiengesellschaft Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 75.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BMW, the sentiment is Negative. The current price of 75.76 is below the 20-day moving average (MA) of 82.32, below the 50-day MA of 86.10, and below the 200-day MA of 85.59, indicating a bearish trend. The MACD of -2.86 indicates Positive momentum. The RSI at 26.53 is Positive, neither overbought nor oversold. The STOCH value of 12.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BMW.

Bayerische Motoren Werke Aktiengesellschaft Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MBG	57 Neutral	€48.97B	11.66	5.56%	7.25%	-7.08%	-38.11%
PAH3	57 Neutral	€9.63B	2.84	-60.89%	4.81%	-39.68%	-659.81%
VOW3	56 Neutral	€43.28B	7.09	4.00%	6.13%	0.49%	-45.70%
BMW	54 Neutral	€44.97B	7.84	7.56%	4.64%	-8.40%	-11.54%

Bayerische Motoren Werke Aktiengesellschaft Corporate Events

BMW Advances 2025–2027 Share Buy-Back With 513,000 Shares Repurchased

BMW AG has continued executing its 2025–2027 share buy-back programme, repurchasing 513,466 ordinary shares between 2 and 8 March 2026 across Xetra and CBOE Europe. The weighted average prices ranged roughly between €80 and €86 per share, and the company is publishing detailed transaction data on its website to provide transparency for investors and other stakeholders.

The ongoing buy-back supports BMW’s capital allocation strategy, signalling confidence in its valuation and returning funds to shareholders while potentially enhancing earnings per share over time. By steadily reducing its free float through these purchases, BMW may also bolster share price support and strengthen its positioning in the capital markets as it navigates the competitive premium automotive sector.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR115.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Advances 2025–2027 Share Buyback With New Tranche of Repurchases

BMW AG continued to execute its 2025–2027 share buyback programme, acquiring 263,839 ordinary shares between 23 February and 1 March 2026 on the Xetra trading venue. The purchases, made at a weighted average price of around €88.60 per share, underscore the company’s ongoing capital return strategy and may signal management’s confidence in the group’s valuation and long-term prospects for shareholders.

The latest tranche of repurchases reduces BMW’s free float slightly and supports earnings-per-share metrics, aligning with common capital allocation practices among large European automakers. Detailed transaction data is being made available on the company’s website, offering transparency to investors monitoring the progress and scale of the multi-year buyback initiative.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR100.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW sets March 2026 date for publication of 2025 annual reports

BMW has scheduled the publication of its Group annual report for the 2025 financial year, covering the period from 1 January to 31 December 2025, for 12 March 2026 on its investor relations website. The company will release both the consolidated group report and the standalone annual report on the same date, giving investors and analysts a coordinated view of its full-year performance and financial position.

The simultaneous disclosure of these reports provides capital market participants with a comprehensive data set for assessing BMW’s operational developments and strategic progress in 2025. The advance notice also underscores the company’s adherence to German transparency and reporting requirements, supporting planning for stakeholders who rely on timely access to official financial information.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR105.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Advances 2025–2027 Share Buy-back With New €90-per-Share Purchases

BMW AG continued to execute its 2025–2027 share buy-back programme, purchasing 186,098 ordinary shares between 16 and 22 February 2026 on the Xetra trading venue. The transactions, executed at a weighted average price of around €90 per share, underline the group’s ongoing efforts to return capital to shareholders and may support earnings per share and share price stability, with detailed transaction data made available on the company’s website.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR105.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Continues 2025–2027 Share Buy-Back With 224,847 Shares Repurchased

BMW AG continued executing its 2025–2027 share buy-back programme, purchasing 224,847 ordinary shares between 9 and 15 February 2026 on the Xetra trading venue. The weighted average prices ranged from about €88.15 to €89.07 per share, with detailed transaction data made available on the company’s website.

The ongoing repurchases signal BMW’s commitment to returning capital to shareholders and may support earnings per share and share price stability over time. Regular interim disclosures underscore regulatory compliance and transparency, offering investors clearer insight into the pace and scale of the buy-back activity.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR104.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Advances 2025–2027 Share Buy-Back With New February Purchases

BMW AG continued executions under its 2025–2027 share buy-back programme, repurchasing 227,436 ordinary shares between 2 and 8 February 2026. The transactions, conducted on the Xetra trading platform at an average price in the high‑80s euros per share, reflect ongoing efforts to return capital to shareholders and manage the company’s capital structure.

The latest tranche of buy-backs underscores BMW’s commitment to its multi-year repurchase plan, which can support earnings per share by reducing the free float over time. Detailed transaction data have been made available on the company’s website, offering transparency to investors as BMW continues to fine-tune its equity base in a competitive automotive market.

The most recent analyst rating on (DE:BMW) stock is a Hold with a EUR93.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Continues 2025–2027 Share Buy-Back With 250,000-Share Purchase

BMW AG has continued executing its 2025/2027 share buy-back programme, acquiring 250,157 ordinary shares between 26 January and 1 February 2026 on the Xetra trading venue at weighted average prices around €87 per share. The ongoing buy-back underlines the company’s capital-return strategy and may support its share price and earnings per share, signalling confidence from management and potentially benefiting existing shareholders by reducing the free float of its ordinary shares.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR100.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Continues 2025–2027 Share Buy-Back with 296,602 Shares Repurchased

BMW AG reported progress in its 2025–2027 share buy-back programme, acquiring 296,602 ordinary shares between 19 and 25 January 2026 via Xetra trading at a weighted average price in the mid-80 euros per share. The ongoing buy-back underlines BMW’s active capital management strategy, potentially supporting earnings per share and signaling confidence in the company’s valuation to investors, while also modestly reducing the free float of its ordinary shares.

The most recent analyst rating on (DE:BMW) stock is a Hold with a EUR91.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Buys Back 235,000 Shares Under 2025–2027 Repurchase Programme

BMW AG continued executing its 2025–2027 share buy-back programme, acquiring a total of 235,000 ordinary shares between 12 and 18 January 2026 via Xetra at weighted average prices ranging from about €88.88 to €90.67 per share. The ongoing repurchase, with detailed transaction data published on the company’s website, underscores BMW’s active capital management and may support its share price and earnings per share, signalling confidence in the company’s financial position to investors.

The most recent analyst rating on (DE:BMW) stock is a Hold with a EUR92.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Buys Back 390,000 Shares in Ongoing 2025–2027 Repurchase Programme

BMW AG continued execution of its 2025–2027 share buy-back programme, acquiring 390,000 ordinary shares between 2 and 11 January 2026 across Xetra and CBOE Europe at a weighted average price in the mid-90 euro range. The ongoing repurchases signal management’s commitment to capital return and balance-sheet optimisation, potentially supporting earnings per share and share price development, while underscoring the company’s confidence in its longer-term financial outlook and positioning in the premium automotive market.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR89.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW launches second tranche of €2bn 2025–2027 share buy-back

BMW AG will continue its 2025–2027 share buy-back programme with a second tranche starting on 2 January 2026, following the completion of the first tranche on 8 December 2025. The overall programme, authorised by shareholders in May 2025 and capped at €2 billion, has already seen BMW repurchase over 9.27 million ordinary and preferred shares for about €750 million, and the next phase will involve buying back up to €625 million of ordinary shares by 31 August 2026, while preferred-share repurchases are halted in light of a planned conversion of all preferred shares into ordinary shares. The primary aim is to cancel a portion of the repurchased stock to reduce share capital, while also using some shares for employee share schemes, signalling continued capital-return efforts and potentially supporting earnings per share and capital structure optimisation, all under EU market abuse and safe-harbour regulations via independent banks executing the trades on the stock exchange.

The most recent analyst rating on (DE:BMW) stock is a Buy with a EUR89.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.

BMW Proposes Conversion of Preferred Shares to Ordinary Shares

BMW AG has announced a proposal to convert all preferred shares into ordinary shares on a 1:1 basis, which will be presented at the Annual General Meeting and a separate meeting for preferred shareholders on May 13, 2026. This strategic move aims to streamline the company’s share structure, potentially enhancing shareholder value and simplifying corporate governance, with further details to be disclosed before the meetings.

The most recent analyst rating on (DE:BMW) stock is a Sell with a EUR69.00 price target. To see the full list of analyst forecasts on Bayerische Motoren Werke Aktiengesellschaft stock, see the DE:BMW Stock Forecast page.