05:28 AM EDT, 04/30/2026 (MT Newswires) -- AlphaValue/Baader Europe lowered its forecasts for Mercedes-Benz Group (MBG.F) on Wednesday, based on expectations of lower deliveries, tariff impacts, weakness in China and foreign exchange headwinds, among other factors.

The research firm cut its estimates for the carmaker's sales and EPS by 3.2% and 25.8%, respectively, for 2026, and by 2.6% and 16.3% for 2027.

"[We] do expect Mercedes'profitability to improve over time, with a 3% long-term EBITDA growth rate and 2% sales growth rate,"analysts said. "This reflects the potential easing of tariff headwinds, including the possibility of lower tariffs under a more favourable US political environment, as well as a normalisation of pricing competition, as Chinese players consolidate their market positions and increasingly focus on profitability rather than market share gains."

The stock is rated reduce with a price target of 50.6 euros.