Mercedes-Benz Group AG (MBGYY)

OTCMKTS: MBGYY · Delayed Price · USD
-0.47 (-2.52%)
Mar 17, 2023, 12:00 AM EDT - Market closed
Market Cap 77.93B
Revenue (ttm) 154.68B
Net Income (ttm) 24.84B
Shares Out 4.28B
EPS (ttm) 3.58
PE Ratio 5.18
Forward PE 5.88
Dividend $5.29 (29.05%)
Ex-Dividend Date May 2, 2022
Volume 73,781
Open 18.12
Previous Close 18.68
Day's Range 18.06 - 18.21
52-Week Range 12.42 - 21.73
Beta 1.30
Analysts Buy
Price Target 23.74 (+30.37%)
Earnings Date n/a


Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages... [Read more]

Founded 1926
Employees 172,425
Stock Exchange OTCMKTS
Ticker Symbol MBGYY
Full Company Profile

Financial Performance

In 2021, MBGYY's revenue was 133.89 billion, a decrease of -13.23% compared to the previous year's 154.31 billion. Earnings were 23.01 billion, an increase of 534.30%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for MBGYY stock is "Buy." The 12-month stock price forecast is $23.74, which is an increase of 30.37% from the latest price.

Price Target
(30.37% upside)
Analyst Consensus: Buy
Stock Forecasts


Mercedes set to invest billions in e-vehicles plants

Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric v...

1 day ago - Reuters

Mercedes-Benz and Visa Roll Out In-Car Payments in Germany

Mercedes-Benz has begun using Visa technology to enable native in-car payments.

Other symbols: V
2 weeks ago - PYMNTS

Google, Mercedes-Benz Pact Spotlights How AI Can Drive Connected Car's Evolution

Artificial intelligence (AI) may help drive the connected car's journey from concept to fully-fleshed reality. Mercedes-Benz said last week that it had entered a long-term strategic partnership with G...

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3 weeks ago - PYMNTS

Insiders Were Buying Up Luminar (LAZR) Stock Ahead of Mercedes Deal

Luminar Technologies (NASDAQ: LAZR) stock closed higher by 28% yesterday after announcing a “multi-billion dollar deal” expansion with Mercedes-Benz (OTCMKTS: MBGYY). The exact amount of the deal wa...

Other symbols: LAZR
3 weeks ago - InvestorPlace

Luminar ($LAZR) Signs Deal with Mercedes to Integrate Next-Generation Automated Driving Capabilities

Luminar (NASDAQ: LAZR) and Mercedes-Benz have expanded their partnership to integrate advanced automated driving capabilities in the automaker's next-generation vehicle lineup. Luminar's Iris lidar an...

Other symbols: LAZR
3 weeks ago - Green Stock News

Mercedes adding Luminar lidar to more vehicles in multibillion-dollar deal

Mercedes-Benz has agreed to a “multibillion-dollar” deal with Luminar to integrate lidar technology and software into the German automaker's next-generation of vehicles set to go into production by th...

Other symbols: LAZR
3 weeks ago - TechCrunch

Mercedes partners with Google to bring Maps and YouTube into its vehicles

Mercedes-Benz and Google have struck a long-term partnership designed to give the German automaker control over its IP and marketplace while offering drivers navigation, maps and YouTube provided by t...

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3 weeks ago - TechCrunch

Luminar stock rallies more than 20% after Mercedes-Benz deal

Shares of Luminar Technologies Inc. LAZR, +23.59% skyrocketed more than 20% Wednesday after the lidar company said it expanded its deal with Mercedes-Benz for “next-generation” vehicle lines. Shares o...

Other symbols: LAZR
3 weeks ago - Market Watch

Luminar, Mercedes-Benz expand deal for self-driving tech

Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully automated driving for its next-generation vehicles.

Other symbols: LAZR
3 weeks ago - Reuters

Mercedes-Benz to partner with Google on branded navigation

Mercedes-Benz has partnered with Google to develop branded navigation for its new MB.OS operating system, the luxury carmaker said on Wednesday.

Other symbols: GOOGGOOGL
3 weeks ago - Reuters

Lidar maker Luminar announces 'multi-billion dollar' expansion of its deal with Mercedes-Benz

The lidar units will be part of a significantly upgraded hands-free driving system that Mercedes-Benz plans to roll out across its lineup.

Other symbols: LAZR
3 weeks ago - CNBC

Luminar Broadens Deal With Mercedes but Lidar Technology Is Still Growing Slowly

The companies have been collaborating on lidar, essentially laser-based radar, for the past couple of years.

Other symbols: LAZR
3 weeks ago - Barrons

Mercedes-Benz and Google Join Forces to Create Next-Generation Navigation Experience

Mercedes-Benz plans to build its own branded navigation using new in-car geospatial data and navigation capabilities from Google Maps Platform. The partnership enables Mercedes-Benz to create a drivin...

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3 weeks ago - PRNewsWire

Luminar and Mercedes-Benz Announce Broad Deal Across Next-Generation Production Vehicle Lines

ORLANDO, Fla. & STUTTGART, Germany--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today a sweeping expansion of its partnership with Merc...

Other symbols: LAZR
3 weeks ago - Business Wire

Mercedes presented record FY results in challenging environment, says CEO

Ola Kallenius, CEO of Mercedes, discusses the company's strong earnings reported for 2022, despite the challenges of the global energy crisis and supply chain shortages.

1 month ago - CNBC International TV

Mercedes-Benz CEO on Challenges in 2023, EVs & China

Mercedes-Benz expects earnings to slip this year, even as the German luxury-car maker pursues a 4 billion euro share buyback. The manufacturer said Friday it sees flat revenue in 2023 and group operat...

1 month ago - Bloomberg Markets and Finance

Mercedes-Benz to return nearly $6 billion to shareholders a strong fourth quarter, but warns of flat sales in 2023

The company said it would propose a dividend of EUR5.20 a share for 2022, or EUR5.6 billion in total, topping the EUR5.00 a share it paid for the previous year.

1 month ago - Market Watch

Mercedes-Benz flags market uncertainty despite 2022 earnings boost

Mercedes-Benz Group on Friday beat analysts' forecasts with annual earnings of 20.5 billion euros ($21.80 billion), but the premium carmaker warned of lower earnings this year due to economic uncertai...

1 month ago - Reuters

10 Solid Stocks WIth Terrible Tickers

Stocks with long symbols are difficult to remember and easy to overlook. That would be a mistake.

1 month ago - Barrons

Mercedes-Benz is bringing its new, all-electric eSprinter van to North America this year

Mercedes-Benz said Tuesday that its long-anticipated battery-electric eSprinter is finally coming to North America, with production set to begin in the second half of 2023 at its factory in Charleston...

1 month ago - TechCrunch

Mercedes launches new U.S.-made commercial van in latest EV push

CNBC's Joe Kernen reports on the latest EV push of Mercedes.

1 month ago - CNBC Television

Putin approves sale of Mercedes-Benz Russian finance arm

Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz's local financial services division to Russian car dealer Avtodom, nudging the German automaker closer towards fully offlo...

1 month ago - Reuters

Mercedes-Benz just beat Elon Musk's Tesla in its home ground

Tesla Inc (NASDAQ: TSLA) ended more than 5.0% down on Monday after rival Mercedes-Benz (ETR: DAI) became the only certified Level-3 autonomous car company in the United States.

Other symbols: TSLA
1 month ago - Invezz

3 German Stocks to Diversify Your Portfolio

Germany has the fourth largest economy in the world and the largest economy in Europe. The country is a true powerhouse which has rebuilt itself multiple times after world wars.

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2 months ago - GuruFocus

Mercedes-Benz Reports 21% Growth in Q4; 2022 Total Sales of 350,949 Vehicles +6.5% Versus 2021

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported 21% growth in sales of its luxury passenger car portfolio in Q4 2022 over the comparable quarter in 2021. Strong, sustained demand ...

2 months ago - Business Wire