S&P cuts OPmobility to BB. OPmobility stock sits 2.14 percent above its low

Published on 10/20/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OPmobility targets EUR 430-450 million operating margin for 2026. OPmobility stock costs EUR 9.54 on October 20, 2026, 2.14 percent above its 52-week low.

Credit rating and reporting date

S&P Global Ratings downgraded OPmobility to BB from BB+ on October 19, 2026.
OPmobility targets an operating margin of EUR 430 million to EUR 450 million and free cash flow above EUR 220 million for 2026.
OPmobility stock trades at EUR 9.54 at 12:35 p.m. CEST at Lang & Schwarz on October 20, 2026.
OPmobility will present third-quarter 2026 revenue on October 21, 2026.

Industriehalle mit Kunststoff-Karosserieteilen eines Automobilzulieferers, Fotorealismus — Industrieanlage zeigt Automobilzulieferer OPmobility SE (Plastic Omnium), ISIN FR0000121253, mit Kunststoffbauteilen und Fertigungshallen, Illustration mit AI erstellt.

OPmobility (ISIN FR0000124570) traded at EUR 9.54 at Lang & Schwarz on October 20, 2026 at 12:35 p.m. CEST, 2.14 percent above its 52-week low of EUR 9.34. S&P Global Ratings downgraded OPmobility to BB from BB+ on October 19, 2026, citing earnings pressure and higher restructuring costs.

Why the rating changed

The downgrade followed OPmobility's October 7, 2026 adjustment to its 2026 objectives. In its release, OPmobility set an operating margin target of EUR 430 million to EUR 450 million, down from EUR 490 million, while retaining a free cash flow objective above EUR 220 million for 2026.

S&P Global Ratings expects nonrecurring costs of EUR 150 million to EUR 170 million in 2026, compared with EUR 70 million in its April 2026 forecast. The agency also projects 2026 revenue of EUR 10.083 billion, a 1.3 percent contraction from its 2025 base of EUR 10.216 billion.

Three events shape the story

On September 30, 2026, OPmobility agreed to acquire Hyundai Mobis' lighting activity for an enterprise value of KRW 600 billion. On October 7, 2026, the company reduced its 2026 operating margin target to EUR 430 million to EUR 450 million from EUR 490 million. On October 19, 2026, S&P Global Ratings cut the issuer rating to BB from BB+.

What comes next for revenue?

OPmobility will present third-quarter 2026 revenue on October 21, 2026, at 8:30 a.m. Paris time. The release is the next test of whether the revised objectives match current demand and customer production trends.

Stock stays near its yearly low

The reference price is 2.14 percent above the 52-week low of EUR 9.34 and below the 52-week high of EUR 18.16, both from October 20, 2026 market data. OPmobility is listed on Euronext Paris and belongs to the SBF 120 and CAC Mid 60 indices.

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