Traton

TRATON raised vehicle deliveries in the third quarter by 10% to 78,900 units, mainly driven by a recovery in the US. The International Motors brand grew by nearly 50% to 19,900 vehicles, Scania sold 3% more (22,100), and MAN recorded a 1% decline to 24,500 vehicles. TRATON shares rose moderately in pre-market trading. » Mere på finanzen.net

TRATON shares were quoted at EUR 27.54 one year ago and closed at EUR 35.06 on 28 September 2026. An investment of EUR 100 a year ago would therefore be worth about EUR 127.31 today, corresponding to an increase of 27.31%. Market capitalization most recently around EUR 17.56 billion; stock splits and dividends were not taken into account in the calculation. » Mere på finanzen.net

Traton shares trade around €36.58 and look fundamentally cheap (P/E ~7.5, P/B 0.9), while the market prices in structural risks. A T&E study warns that Chinese and US manufacturers could take a quarter of the European electric truck market by 2030, with Chinese models up to 12% cheaper. The next catalyst is the IAA Transportation on September 14, where MAN and Scania will present model updates, testing the credibility of Traton’s response to the price pressure. Analyst consensus: neutral (avg. target €38.82); UBS has cut its rating to neutral but raised its target to €41. » Mere på de.investing.com