Buy Porsche shares now?
That speaks against it
Created: 09/30/2022, 07:00
By: Marcus Efler
Porsche shares have been listed on the stock exchange – reasonably successfully.
But the big hype didn't materialize.
An opportunity for private investors to get started?
Suddenly everything happened very quickly: After speculation for a long time about an IPO of the VW subsidiary Porsche, then doubts arose because of the difficult market environment, the confirmation finally followed.
And now the time had come: the sports car manufacturer got off to a solid start on the Frankfurt floor.
He sold the preferred shares at the upper end of the expected range and cashed in 9.4 billion euros.
Buy Porsche shares now?
That speaks against it
Buy now on the stock exchange: shares in the sports car manufacturer Porsche.
(Iconic image) © Marijan Murat/dpa
At the IPO (Initial Public Offering), the share cost EUR 82.50 – but only a few private investors were able to get hold of it at this price.
However, the price didn't really take off either, it rose to a good 86 euros and then dropped again.
One or the other is now considering getting in.
It is not necessarily just rational economic considerations that play a role: many a Porsche fan who believes in the future of the brand might also want to get involved for emotional reasons.
After all, many Tesla drivers and share buyers became millionaires.
Buy Porsche shares now?
The stock market environment is weakening
But is now the right time to get started?
After all, many economic experts see a recession looming, and demand for luxury products such as sports cars could soon weaken.
In general, many new shares have recently collapsed shortly after the IPO.
Impressions: The Porsche Turbo
View photo gallery
Most experts currently recommend waiting a little longer until the course shows a clear trend.
In the long term, however, they rate Porsche's prospects as quite positive, provided the manufacturer continues to do its homework.
"Porsche must implement its plan to successfully increase volume and profit margins in a weakening global economy," said Ben Laidler, market strategist at online broker Etoro, in
Handelsblatt
- i.e. sell more and more expensive cars.
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After all, the difficult stock market environment also has its good side for private investors: Just a year ago, the share would probably have been significantly more expensive.
