Analysts are worried about Porsche's lower guidance due to i...
Analysts are worried about Porsche's lower guidance due to increased launch costs, higher depreciation, and a weaker economy. Citi analysts predict a slow transformation for Porsche, expecting FY25E to be a better year but with a lower EPS. They suggest a buying opportunity in FY24, but anticipate investors waiting for improved sales and earnings.
Porsche's Stock Climbs as Luxury Brand Touts Dividend Hike, Model Launches
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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