From the great hype surrounding the share in March of this year, when the shares traded up to EUR 300 intraday, it went straight into the abyss. Once the meme sales had been quenched, the shares were able to consolidate at a value of around 50 euros over the course of the year.
Since Monday, however, the Steyr share has once again fallen sharply. This is because the armaments fantasy, which had triggered the great hype, is fading in view of the statements made by the company this week.
The company lowered its forecast, causing the share price to collapse to around EUR 50.
Based on the updated estimate, the Steyr Motors Management Board expects turnover of between 48 and 52 million euros for the 2025 financial year. This would correspond to an increase in turnover of 15 to 25 percent compared to the 2024 financial year. Previously, however, an increase of 40 percent had been expected