VOW3.DE · GER DAX

Volkswagen AG

Consumer cyclical · Auto Manufacturers

€68.66 +€0.18 (+0.26%) today

Closing price on Nov 11, 2026 · Source: Yahoo Finance

Consensus of 19 analysts

Buy

Median price target €100.00 +45.6%

Open: €68.90
Day range: 68.46 – €69.42
52-week range: 65.92 – €109.15
Volume: 228,515
Market cap: €34,419M
P/E (TTM): 33.3x
EPS (TTM): €2.06
EPS est. 2026: €18.35
P/E est. 2026: 3.7x
Dividend yield: 7.7%
Beta: 0.96
Payout: 249%

Volkswagen Group financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	€75,277M	n/a
Net income	−€4,410M	n/a
Earnings per share	−€9.29	n/a
Net margin	−5.9%	n/a
Free cash flow	−€296M	n/a
Debt / equity	1.10	n/a

Revenue and net income (€M)

Total revenueNet income

Quarter	Total revenue	Net income
Q2 2025	€80,806M	€2,335M
Q4 2025	€83,245M	€3,319M
Q1 2026	€75,657M	€1,443M
Q2 2026	€82,444M	€1,342M
Q3 2026	€75,277M	−€4,410M

Volkswagen Group earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 1	€2.8302.83 – 2.83	−55.0%€6.290
Next quarterQ1 2027 · Analysts: 1	€10.33010.33 – 10.33	+295.8%€2.610
Current year2026 · Analysts: 2	€18.35012.82 – 23.88	+37.5%€13.350
Next year2027 · Analysts: 14	€19.81011.83 – 28.90	+8.0%€18.350

Forward P/E: 3.7x (2026) and 3.5x (2027) at the current price.

Actual and estimated EPS (€)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q2 2025	€4.340	—
Q4 2025	€6.290	€4.220
Q1 2026	€2.610	€3.443
Q2 2026	€2.560	€4.830
Q3 2026	−€9.240	−€5.980
Q4 2026	—	€2.830
Q1 2027	—	€10.330

Year	Actual EPS	Estimated EPS
2022	€29.660	—
2023	€31.790	—
2024	€21.360	—
2025	€13.290	—
2026	—	€18.350
2027	—	€19.810

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	€10.330	+295.8%
Q4 2026Estimated	€2.830	−55.0%
Q3 2026	−€9.240est. −€5.980 · surprise −54.5%	n/a
Q2 2026	€2.560est. €4.830 · surprise −47.0%	−41.0%
Q1 2026	€2.610est. €3.443 · surprise −24.2%	n/a
Q4 2025	€6.290est. €4.220 · surprise +49.1%	n/a
Q2 2025	€4.340	n/a

Year	EPS	Annual change
2027Estimated	€19.810	+8.0%
2026Estimated	€18.350	+38.1%
2025	€13.290	−37.8%
2024	€21.360	−32.8%
2023	€31.790	+7.2%
2022	€29.660	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Volkswagen Group dividend

Yield and payments

Dividend yield (TTM)	7.7%
Forward yield (next 12m)	7.7%
Dividend per share (TTM)	€5.26
Forward dividend (next 12m)	€5.26
Payout (TTM)	249%
Last dividend	€5.26Jun 19, 2026
Next ex-dividend date	n/a

Dividend per share by year (€)

PaidEstimated

Year	Dividend per share
2019	€4.86
2020	€4.86
2021	€4.86
2022	€26.62
2023	€8.76
2024	€9.06
2025	€6.36
est. 12m	€5.26

Volkswagen Group forecasts

19 analyst ratings

Buy63% Hold32% Sell5%

Consensus: Buy · 12 buy, 6 hold, 1 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	€120.00	+74.8%
Median	€100.00	+45.6%
Low	€67.30	−2.0%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	€98.38
Dec 30, 2025	€103.55
Jan 30, 2026	€102.65
Feb 27, 2026	€101.20
Mar 31, 2026	€86.40
Apr 30, 2026	€86.22
May 29, 2026	€91.82
Jun 30, 2026	€70.10
Jul 31, 2026	€74.66
Aug 31, 2026	€77.68
Sep 30, 2026	€70.46
Oct 30, 2026	€69.62
Nov 11, 2026	€68.66

Volkswagen Group peers

Ticker	Company	Market cap (€M)	P/E	Price (€)	1-day change	52-week range
VOW3.DE	Volkswagen Group	34,419	33.3x	68.66	+0.26%	65.92109.15
RACE.MI	Ferrari	66,260	39.7x	378.15	+1.57%	269.00390.70
MBG.DE	Mercedes-Benz Group	39,336	7.3x	41.44	+0.18%	38.8962.34
BMW.DE	BMW	34,144	5.8x	57.76	−0.62%	51.9897.92
STLAM.MI	Stellantis	11,023	n/a	3.80	−0.93%	3.5010.49
STLAP.PA	Stellantis	11,023	n/a	3.80	−1.02%	3.5110.49