Story perspectives

Schaeffler Shares Plunge 18% Amid Cautious Revenue Outlook

3/3/2026

Summary

Story summary

Schaeffler, the German machine and car parts maker, saw its shares fall 18% after providing a conservative 2026 revenue outlook of 22.5 to 24.5 billion euros, marking their worst day since March 2020.
Klaus Rosenfeld, the CEO of Schaeffler, cited uncertainties in global automotive production to justify the cautious outlook.
Schaeffler remains optimistic about growth in humanoid robotics and defense, aiming for these sectors to contribute up to 10% of revenue by 2035.

1 of 1

Story summary

Schaeffler, the German machine and car parts maker, saw its shares fall 18% after providing a conservative 2026 revenue outlook of 22.5 to 24.5 billion euros, marking their worst day since March 2020.
Klaus Rosenfeld, the CEO of Schaeffler, cited uncertainties in global automotive production to justify the cautious outlook.
Schaeffler remains optimistic about growth in humanoid robotics and defense, aiming for these sectors to contribute up to 10% of revenue by 2035.