BofA update shows where active managers are putting money
Investing.com - Deutsche Bank (ETR:DBKGn) raised its price target on Bayerische Motoren Werke AG (ETR:BMW (ETR:BMWG)) (OTC:BMWYY (OTC:BMWKY)) to EUR90.00 from EUR85.00 on Friday, while maintaining a Buy rating ahead of the automaker’s upcoming earnings report.
BMW will report its second-quarter 2025 results on July 31, with retail sales reaching 621,000 units, representing a modest 0.4% year-over-year growth. The sales performance showed significant regional variation, with Europe posting 10% year-over-year growth while China experienced a 14% decline.
The company’s growth drivers during the quarter included the 2 & 5 Series vehicles, as well as the X2 and Mini models. Despite solid mix performance thanks to the 5 Series, BMW continues to face pricing pressure year-over-year, primarily driven by conditions in the Chinese market.
Deutsche Bank noted that tariff-related costs will likely impact BMW’s second quarter by a mid-three-digit million euro amount. Despite these challenges, the bank expects BMW to achieve an automotive margin of 6.1%, which falls within the company’s full-year guidance range.
BMW’s second-quarter earnings conference call is scheduled for July 31, when management will provide further details on performance and outlook.
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