Increase in Earnings Forecast - Pullbacks Provide Buying Opportunity!
The renewed increase in the earnings forecast underscores the strict focus on rising profitability!
The trend-strong stock is in a solid upward trend, currently at the 52-week high. Temporary price setbacks provide a buying opportunity!
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Since reaching an all-time low in March 2024, the AUTO1 Group SE (i.) has seen a multiple increase in its share price within a stable upward trend. This was driven by several upgrades in forecasts. Most recently, this trend continued on May 7th, when a strong first quarter was reported, and the company now aims for a gross profit in the range of €845 million to €905 million for the current fiscal year 2025, as well as an adjusted EBITDA between €150 million and €180 million. Technically, the stock broke out to a 52-week high due to this...
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