Bayerische Motoren Werke Aktiengesellschaft (DE:BMW)
XETRA:BMW
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Bayerische Motoren Werke Aktiengesellschaft
(XETRA:BMW)
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Rating:54Neutral
Price Target:
€83.00
▼(-1.00% Downside)
Action:DowngradedDate: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.
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.
Read all positive and negative factors
Positive Factors
Negative 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.
Read all positive factors
Bayerische Motoren Werke Aktiengesellschaft (BMW) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€49.76B
Dividend Yield4.64%
Average Volume (3M)901.36K
Price to Earnings (P/E)7.8
Beta (1Y)1.24
Revenue Growth-8.40%
EPS Growth-11.54%
CountryDE
Employees159,104
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)N/A
Shares Outstanding561,134,950
10 Day Avg. Volume1,046,733
30 Day Avg. Volume901,360
Financial Highlights & Ratios
PEG Ratio3.50
Price to Book (P/B)0.60
Price to Sales (P/S)0.43
P/FCF Ratio-19.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€90.95Price Target Upside8.48% Upside
Rating ConsensusHold
Number of Analyst Covering12
EPS Forecast (FY)10.69
Revenue Forecast (FY)€135.85B
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 Servi...
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 com...
Bayerische Motoren Werke Aktiengesellschaft Earnings Call Summary
Earnings Call Date:Nov 06, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Jul 30, 2026
Earnings Call Sentiment Neutral
The earnings call reflected a balanced view with strong performance in the U.S. and strategic investments in manufacturing, offset by financial challenges and market weaknesses in China. The company's focus on BEV growth and expansion in Europe are positive, but these are weighed down by ongoing financial and operational challenges.Positive Updates
Strong U.S. Market Performance
BMW sold over 290,000 vehicles in the U.S. by October, marking a growth of nearly 7,000 units. In October alone, sales grew by over 20% year-over-year, with more than 36,750 cars sold.
Negative Updates
Q3 Financial Challenges
BMW faced a decline in sales and revenue in Q3 due to IBS provisioning, impacting profitability. The financial results were also negatively affected by interest rate evaluations and standalone derivatives.
Read all updates
Q3-2024 Updates
Positive
Negative
Strong U.S. Market Performance
BMW sold over 290,000 vehicles in the U.S. by October, marking a growth of nearly 7,000 units. In October alone, sales grew by over 20% year-over-year, with more than 36,750 cars sold.
Read all positive updates
Company Guidance
During the BMW Q3 2024 earnings call, the company provided guidance indicating an expected auto margin between 5% and 7% for Q4, aiming for a year-to-date margin of 6% to 7%, aligning with their strategic target of 8% to 10% EBIT margin. The executives discussed the impact of a high 3-digit million euro warranty provision and the shortfall in sales due to reduced operations, which contributed to decreased revenue and profit in Q3. Furthermore, BMW reported on its robust U.S. market performance, selling over 290,000 vehicles year-to-date with a 20% growth in October sales alone. The company also detailed its manufacturing footprint in the U.S., producing 65% of its local sales at the Spartanburg plant, and highlighted investments to electrify the facility. In China, BMW emphasized its flexible powertrain strategy to navigate market dynamics, with a current 15% BEV share and plans to introduce the Neue Klasse architecture by 2030. The executives also addressed financial results impacted by interest rate fluctuations and derivative valuations, with expectations for potential reversals depending on future rate changes.Bayerische Motoren Werke Aktiengesellschaft Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
56
Neutral
Cash Flow
38
Negative
| 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
Neutral
83.84
Price Trends
83.85
Negative
87.29
Negative
85.94
Negative
Market Momentum
-0.51
Negative
60.32
Neutral
92.52
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BMW, the sentiment is Neutral. The current price of 83.84 is above the 20-day moving average (MA) of 79.21, below the 50-day MA of 83.85, and below the 200-day MA of 85.94, indicating a neutral trend. The MACD of -0.51 indicates Negative momentum. The RSI at 60.32 is Neutral, neither overbought nor oversold. The STOCH value of 92.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:BMW.
Bayerische Motoren Werke Aktiengesellschaft Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | €9.88B | 1.08 | -60.89% | 4.81% | -39.68% | -659.81% | |
57 Neutral | €51.88B | 11.66 | 5.56% | 7.25% | -7.08% | -38.11% | |
56 Neutral | €45.38B | 7.09 | 4.02% | 6.13% | 0.49% | -45.70% | |
54 Neutral | €49.76B | 7.84 | 7.79% | 4.64% | -8.40% | -11.54% |
* Consumer Cyclical Sector Average
DE:BMW
Bayerische Motoren Werke Aktiengesellschaft
83.84
18.77
28.84%
DE:MBG
Mercedes-Benz Group
53.88
8.54
18.85%
DE:PAH3
Porsche Automobil Holding
32.26
1.05
3.38%
DE:VOW3
Volkswagen
89.04
7.08
8.64%
Bayerische Motoren Werke Aktiengesellschaft Corporate Events
Business Operations and StrategyStock Buyback
BMW Advances 2025–2027 Share Buy-Back With 513,000 Shares Repurchased
Positive
Mar 9, 2026
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 p...
Business Operations and StrategyStock Buyback
BMW Advances 2025–2027 Share Buyback With New Tranche of Repurchases
Positive
Mar 2, 2026
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 ...
Financial DisclosuresRegulatory Filings and Compliance
BMW sets March 2026 date for publication of 2025 annual reports
Neutral
Feb 24, 2026
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 g...
Business Operations and StrategyStock Buyback
BMW Advances 2025–2027 Share Buy-back With New €90-per-Share Purchases
Positive
Feb 23, 2026
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...
Stock BuybackRegulatory Filings and Compliance
BMW Continues 2025–2027 Share Buy-Back With 224,847 Shares Repurchased
Positive
Feb 16, 2026
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 s...
Business Operations and StrategyStock Buyback
BMW Advances 2025–2027 Share Buy-Back With New February Purchases
Positive
Feb 9, 2026
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...
Business Operations and StrategyStock Buyback
BMW Continues 2025–2027 Share Buy-Back With 250,000-Share Purchase
Positive
Feb 2, 2026
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 ...
Business Operations and StrategyStock Buyback
BMW Continues 2025–2027 Share Buy-Back with 296,602 Shares Repurchased
Positive
Jan 26, 2026
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...
Business Operations and StrategyStock Buyback
BMW Buys Back 235,000 Shares Under 2025–2027 Repurchase Programme
Positive
Jan 19, 2026
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. Th...
Business Operations and StrategyStock Buyback
BMW Buys Back 390,000 Shares in Ongoing 2025–2027 Repurchase Programme
Positive
Jan 12, 2026
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 ...
Business Operations and StrategyStock Buyback
BMW launches second tranche of €2bn 2025–2027 share buy-back
Positive
Dec 18, 2025
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...
Delistings and Listing ChangesShareholder Meetings
BMW Proposes Conversion of Preferred Shares to Ordinary Shares
Neutral
Dec 16, 2025
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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.