Porsche’s stock plummets 24% in 2024—yet analysts still see a rebound ahead

A steep 24% decline hasn’t shaken analyst faith in Porsche. With bold new models and a resilient strategy, could this slump be a buying opportunity?

, and Administrator

2025 December 2 . 7:14 AM

1 min read

In this picture there is a black color Nissan sports car. Behind there are some cartoon posters and... — In this picture there is a black color Nissan sports car. Behind there are some cartoon posters and on the bottom side of the image there is a small quote written on it.

Porsche’s stock plummets 24% in 2024—yet analysts still see a rebound ahead

Porsche has faced a tough year in the yahoo finance, with shares dropping sharply since early 2023. Despite this downturn, analysts remain optimistic about the brand’s future, pointing to new models and strategic shifts. The company’s Leipzig plant has also earned recognition for its efficiency, highlighting operational strengths amid financial challenges.

Porsche’s share price has fallen by 24.14% so far this stock market today, trading at €44.06—nearly 30% below its 2023 peak of €63.06. Over the past 12 months, the decline reaches 26.32%, placing the stock in oversold territory with an RSI of 35.2. Yet, financial institutions like JPMorgan and Deutsche Bank still rate the stock as 'overweight' and 'buy', setting target prices of €58 and €50 respectively.

Porsche’s stock struggles persist, but new models and operational achievements offer reasons for cautious optimism. Analysts continue to back the brand, citing its long-term strategy and innovation pipeline. The gap between current prices and target valuations leaves room for recovery if market confidence returns.