POAHY - Porsche Automobil Holding SE
| Previous close | 5.58 |
| Open | 5.75 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5.73 - 5.77 |
| 52-week range | 5.22 - 8.31 |
| Volume | |
| Avg. volume | 301,790 |
| Market cap | 18.402B |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 4.35 |
| EPS (TTM) | 1.32 |
| Earnings date | N/A |
| Forward dividend & yield | 0.28 (5.03%) |
| Ex-dividend date | 30 Jun 2023 |
| 1y target est | N/A |
BloombergMobileye CEO Says Porsche Deal Opens Door to Wider VW Group
Mobileye CEO Amnon Shashusa says the deal with Porsche to include the firm's SuperVision technology "could open the door" to Mobileye providing its tech to Volkswagen and its Audi brand. He speaks on "Bloomberg Markets."
ReutersWolfgang Porsche announces final term on Volkswagen supervisory board
Volkswagen co-owner Wolfgang Porsche will stand for one more term on the German car manufacturer's supervisory board, according to trade publication Automobilwoche. At Volkswagen's annual general meeting on May 10, Porsche wants to be re-elected for five years. Wolfgang Porsche, grandson of company founder Ferdinand Porsche, will mark his 80th birthday on the day of the AGM, which he plans to attend, the report said.
ReutersNorsk Hydro to supply Porsche with low-carbon aluminium
Norsk Hydro will supply Porsche AG with low-carbon aluminium and eventually recycle its battery materials as the luxury carmaker moves to decarbonise its supply chain, the companies said on Wednesday. Makers of electric cars are looking to replace steel with aluminium to make car bodies and batteries lighter to increase mileage. Porsche, which aims for a net carbon-neutral value chain by 2030, already buys aluminium and components from Hydro and will start buying low-carbon aluminium from the Norwegian company this year.
ReutersPorsche posts record Q1 sales rise boosted by China
The German luxury carmaker delivered 21,365 cars in China, its largest single market, representing 21% growth over the previous year. Peer Mercedes delivered 191,000 vehicles in China in the first three months of 2023, which is 3% higher over the previous year. Premium brands are benefiting from the rebound in demand in China, the biggest market for luxury products, after its harsh COVID-19 lockdown policy was scrapped in late 2022.
The GuardianPorsche gears up for an in-car video streaming boom with UK firm’s help
Exclusive: German carmaker says new Cayenne SUV will have function via platform run by ScreenHits TV
ReutersVW's family owners to get 392 million euros dividend from Porsche SE
BERLIN (Reuters) -The families that control German automaker Volkswagen will receive 391 million euros ($425 million) in dividends for 2022 from their holding company Porsche SE, the company said on Thursday. Porsche SE proposed a dividend of 2.56 euros per preferred share and 2.554 euros per ordinary share and said dividends would increase once targets to cut debt have been met. The Porsche and Piech families behind the unlisted holding company Porsche SE are the most powerful voice in Europe's top carmaker Volkswagen and the newly-listed Porsche AG via a complex cross-holding structure.
The TelegraphPorsche boosted by ultra-rich demand for sports cars
Porsche posted record sales in its first year as a listed company as the ultra-rich splashed out on its sports cars despite higher price tags.
ReutersPorsche AG cautiously upbeat on 2023 sales after bumper 2022
WOLFSBURG, Germany (Reuters) -Porsche AG expects sales to rise to as much as 42 billion euros ($45 billion) in 2023 after the luxury carmaker sped to record earnings and revenue in its first year since its initial public offering, as it boosted car deliveries. Chief Financial Officer Lutz Meschke, however, warned that supply chain issues, geopolitical strains and rising inflation still presented a challenge for the industry. Porsche AG, historically a huge money spinner for the Volkswagen Group, which owns 75% minus one ordinary share of the group, is targeting a margin of 17-19% this year with a long-term goal of 20%, it said in a statement.
Yahoo Finance VideoPorsche opens facility for classic car restoration
Yahoo Finance autos reporter Pras Subramanian breaks down Porsche Cars North America CEO Kjell Gruner's latest comments regarding the automaker's 2023 outlook and new restoration facility for classic car owners.
ReutersEx-US VP Gore's fund among ABB car charging business' new investors
ABB has sold more of its electric vehicle (EV) charging business to four investors including a fund linked to former U.S. Vice President Al Gore, the Swiss engineering company said on Wednesday. The investors paid 325 million Swiss francs ($355 million) for a combined 12% stake in the E-Mobility business in a second and final private placement before its planned flotation this year, ABB said. They include Just Climate, a UK-based investment firm set up by Gore - a long-time advocate of global efforts to combat climate change - and financier David Blood in 2021.
ZacksShould Value Investors Buy Porsche Automobil Holding SE (POAHY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CoinDeskPorsche NFT Floor Price Races Up Following Bumpy Mint
After Porsche said Tuesday it would shrink its mint below its intended 7500 tokens, the floor price is soaring on the secondary market.
CoinDeskPorsche NFT Collection Fails to Gain Traction as Mint Kicks Into Gear
The floor price of the collection on the secondary market fell below its minting price of 0.911 ETH in the hours after it opened to the public.
ZacksPOAHY vs. TM: Which Stock Is the Better Value Option?
POAHY vs. TM: Which Stock Is the Better Value Option?
ReutersPorsche to ensure familiar software is available for customers, spokesperson says
Porsche AG will ensure that familiar software platforms like Google and Apple will be accessible for its customers, a spokesperson said on Tuesday following reports that it was considering integrating Google software into its cockpit. The luxury carmaker declined to comment on whether it was currently in talks with Google over a deal to incorporate Google applications like Google Maps and Google Assistant into their vehicles.
Yahoo Finance VideoPorsche considers implementation of Google tech in cars
Yahoo Finance automotive reporter Pras Subramanian highlights Porsche's latest tech upgrades amid its rising global delivery figures.
ZacksAre Investors Undervaluing Porsche Automobil Holding SE (POAHY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Investing.com
Porsche shares climb after sportscar maker enters blue-chip German index
By Scott Kanowsky
ReutersVolkswagen investors renew governance gripes despite special dividend
Volkswagen shareholders renewed their criticism of CEO Oliver Blume's dual roles on Friday, even as they rubber stamped a roughly 9.6 billion euro ($10.2 billion) special dividend following the listing of Porsche AG. Blume, who became group chief executive in September, has continued as CEO of luxury brand Porsche even after its listing, prompting concerns among some investors about the pressures on his time and potential conflicts of interest. At a shareholder meeting to approve the special dividend, Blume said Volkswagen was performing well in hard times, with his first 100 days spent on tasks such as reshuffling senior roles, defining its strategy for China and North America, and revising its software and platform strategy.
ReutersPorsche will join Germany's blue-chip index - Deutsche Boerse
BERLIN (Reuters) -German sportscar maker Porsche AG will join the blue-chip index, just over two months after its market debut, exchange operator Deutsche Boerse said on Monday. Porsche AG will replace sportswear maker Puma on the DAX stock index on Dec. 19 while Puma will move down to the MDAX index, it said. Shares in Porsche have gained around 30% since their listing in Germany in late September.
- Investing.com
HSBC rates Porsche AG as new 'Hold', citing 'bright future' for sports car maker
By Scott Kanowsky
ReutersBugatti joint venture profitable "beyond expectations" - Rimac CEO
The joint venture between Croatian electric carmaker Rimac and Bugatti has been far more profitable than anticipated as the two brands work on developing vehicles together under one roof, Rimac's top executive said on Wednesday. "It's highly profitable and cash flow positive beyond anybody's expectations," Rimac CEO Mate Rimac told Reuters in an interview at the UK offices of the carmaker's Rimac Technology unit in Warwick. Rimac added the joint venture has brought "lots of synergies going both ways."
- Investing.com
Porsche slips after AllianceBernstein gives carmaker "underperform" rating
By Scott Kanowsky