BofA Expects Daimler Truck Q3 Revenue, EBIT to Miss Consensus Forecasts

06:58 AM EDT, 09/30/2026 (MT Newswires) -- BofA Global Research forecasts Daimler Truck's (DTG.F) third-quarter revenue and EBIT results to come in below consensus estimates, citing "weaker" order intake at Mercedes-Benz in the second quarter and ongoing inflation. The research firm said Tuesday it expects higher production volumes to support sequential margin growth, although persistent energy, raw material and transport inflation is anticipated to partly offset these gains until planned price hikes take effect in the fourth quarter of 2026 and the first quarter of 2027. "We expect investor focus to be firmly on early indications of 2027 order momentum. Major truck OEMs have opened their 2027 order books during September and should now have an initial view on next year's demand environment. However, September orders may not provide the full picture, as customers continue to await clarity on the final EPA 2027 regulations, increasing the importance of management commentary around October order trends. We note that Daimler follows a unique strategy among major US truck OEMs by exclusively offering an EPA 2027-compliant engine," analysts wrote, adding that investors are expected to focus on rising diesel prices' impact on freight market health as well as the medium-term "threat" from Chinese manufacturers in Europe. Against this backdrop, the research firm lowered its EPS forecasts for full-year 2026 through 2028 and reduced its 2026 dividend per share estimate. BofA also reiterated its buy rating on the stock, with a price objective of 54 euros, as analysts expect the company to benefit from recovering US and European truck markets and ongoing restructuring programs.