StockNow
Log in
Global Markets

Schaeffler (SHA0 GY) cuts its FY28 revenue target to between EUR 24-26bln (prev. guided 27-29bln) due to significantly reduced market expectations, especially for passenger cars and light commercial vehicles

StockNow breaking-news AI analysis

Schaeffler cut its FY28 revenue target to EUR 24-26bn, citing weak demand in passenger and light commercial vehicles amid high interest rates and a structural crisis in the German automotive sector.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)