BMW, DE0005190003

BMW stock: RBC cuts target for BMW stock to EUR 58.00

Published on 10/23/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BMW delivered 1.71 million vehicles by September, down 4.9 percent. BMW stock costs EUR 57.73 on October 23, 2026, up 0.43 percent versus Xetra close.

RBC target cut for BMW

RBC cut its BMW target to EUR 58.00 from EUR 60.00 on October 14, 2026.
BMW delivered 1,707,799 vehicles through September 2026, down 4.9 percent year on year.
BMW stock costs EUR 57.73 at Lang & Schwarz on October 23, 2026 at 4:03 p.m. CEST, up 0.43 percent versus the Xetra close of October 22, 2026.
BMW is scheduled to publish its third-quarter statement on November 4, 2026.

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RBC cut its BMW target to EUR 58.00 from EUR 60.00 on October 14, 2026, while keeping a Neutral rating, according to MarketScreener. The price target sits 0.47 percent above BMW's EUR 57.73 price at Lang & Schwarz on October 23, 2026 at 4:03 p.m. CEST, up 0.43 percent versus the Xetra close of October 22, 2026 at EUR 57.48.

Deliveries fell overall

BMW Group delivered 1,707,799 vehicles in the first nine months of 2026, down 4.9 percent from the same period a year earlier, according to the company's October 13, 2026 release. The regional mix was more resilient: Europe deliveries rose 4.5 percent and US deliveries increased 3.4 percent. China remained the weak point, with BMW brand deliveries down 21.2 percent through September, BMW Group reported.

BMW stays below its yearly high

The Xetra quote stood between EUR 56.92 and EUR 58.48 on October 23, 2026 at 3:54 p.m. CEST. BMW's 52-week range was EUR 51.98 to EUR 97.92, placing the stock 41.06 percent below its high, while volume reached 490,959 shares. That combination leaves the analyst target only EUR 0.27 above the Lang & Schwarz price, but the long-term range remains wide.

Results date and valuation

BMW had a market capitalization of EUR 34.6 billion and a price-to-earnings ratio of 5.56 on October 23, 2026. Morningstar listed November 4, 2026 as BMW's next quarterly statement date. That report will give investors a fresh test of the group's recovery plan after the September delivery decline.

Comparison with peers

BMW: up 0.43 percent, price-to-earnings ratio 5.56, market capitalization EUR 34.6 billion on October 23, 2026.

Mercedes-Benz (Xetra, EUR): down 1.35 percent, price-to-earnings ratio 7.80, market capitalization EUR 39.2 billion on October 23, 2026.

Volkswagen (Xetra, EUR): down 1.27 percent, price-to-earnings ratio 6.56, market capitalization EUR 34.3 billion on October 23, 2026.

BMW stock remains near the daily midpoint

BMW's modest gain against the October 22, 2026 Xetra close contrasts with the wider distance to its 52-week high. The next scheduled report is the clearest date on the calendar for testing whether sales resilience can translate into improved earnings.

The further course of trading is shown by the continuously updated real-time quote of BMW stock.