2G·

Mercedes ahead of the figures: Next setback or comeback opportunity?

Tomorrow publishes $MBG (+1,16%) its quarterly figures for the fourth quarter of 2025.

The estimates for this quarter are approximately

Turnover (expected): € 35.04 billion
EPS (expected): 1,28 €

What investors should pay particular attention to:

Sales & mix in key markets: $MBG (+1,16%) continues to struggle with structural lows in demand, especially in China and the USA, two core regions for premium cars. Differences to competitors are particularly evident in the premium and electric segments.

Margins & cost development: Management indications point to unfavorable cost phases and margin pressure in the fourth quarter, which may have an impact on operating profitability.

Overall market headwindsThe German automotive industry is one of the sectors that has recently suffered from macroeconomic and political influences - such as slower demand, geopolitical tensions, competitive pressure and high R&D costs for electromobility.

The automotive industry remains one of the weaker sectors in the market - many investors are reacting to subdued demand data, volatile production costs and the challenge of electric vehicles.

What is your assessment of $MBG (+1,16%) currently? Is it more of a hidden value stock with long-term potential? Or do you think the risk outweighs the reward in the current difficult environment?

16 Commenti

BeachPlease@BeachPlease

I drive a Benz electric, you can look at the stick again in 10 years when the rest have realized that nothing beats German engineering 😅

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Mo@BigMo

@BeachPlease 😅 Well. I can't subscribe to that. The software is definitely stuck at the level it was 10 years ago.

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jkb92@jkb92

In my opinion, people (the masses) will only ever be interested in getting from A to B. The brand is losing its appeal and no longer justifies the extra cost for many people.

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Nic@Kater

Art is known to be in the eye of the beholder 🎩👌

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DividendenPapa@DividendenPapa

@BeachPlease I recently had to drive a Tesla on business a few times and I can say that it's definitely no comparison to a Mercedes. In my opinion, the quality of the German premium brands remains unchallenged. The question I ask myself, however, is whether people are still willing to pay the corresponding premium price.

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DividendenPapa@DividendenPapa

@BigMo I understand your point. But in my opinion, you shouldn't forget that we're still talking about a car here. Yes, the software is certainly not the best. But in my opinion, I don't buy a car solely on the basis of the software. For me personally, other features such as the design, the technology and the service still clearly outweigh the software.

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DividendenPapa@DividendenPapa

@jkb92 I absolutely agree with you. I keep asking myself the same question. Are people still prepared to pay the extra price?

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jkb92@jkb92

@DividendenPapa In my opinion, the answer is clearly no, especially as people will have less rather than more money/purchasing power at their disposal than in the past.

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Mo@BigMo

@DividendenPapa I see it a little differently.
I have a new 2026 top model. If you pay more than twice the price of a comparable Tesla, you can expect not to be confronted with ridiculous usability problems.
It also creaks and squeaks in various corners.
Perhaps I'm only noticing all this because it wasn't the case with my previous Tesla.
Yes, the service at Mercedes is good and expensive. I didn't have to have the Tesla serviced in the three years I leased it.

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Kurz@MrKurt89

@BeachPlease This is es🫱🏻‍🫲🏼

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BeachPlease@BeachPlease

@BigMo Nothing creaks, grinds or squeaks on my EQB from 2022, I'm very satisfied. I only have to free the brake discs from time to time due to recuperation.
Has the quality of the GLC Electric decreased so much with the new platform?

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Solitair@Solitair

With the current CEO, I don't want to get involved.

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DividendenPapa@DividendenPapa

@Solitair I also find the CEO rather difficult 😂

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Tom@Laeuft

I am sticking with the share.

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K@TechNav

Mercedes has made too many mistakes in recent years. Unfortunately

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DividendenPapa@DividendenPapa

@TechNav I see it similarly, $MBG has not done everything right strategically in recent years. For me, the biggest mistake was actually the unclear or overly ambitious electric strategy in combination with the communicated rapid exit from combustion engines. The market, especially in Europe, simply wasn't as ready as was perhaps expected internally. At the same time, China has massively intensified competition in the e-segment. We are now seeing the result: high investment pressure, pressure on margins and uncertainty in terms of positioning.

The exciting question for me is:
Has $MBG learned from these mistakes and is now creating a more pragmatic mix of combustion, hybrid and EV, or are they continuing to lose market share?

I am still invested, but it is definitely one of the stocks in my portfolio where I currently have the greatest doubts.

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