0802 GMT - Mercedes-Benz shares will likely fall today following the automaker's full-year report, Citi analysts write. With adjusted return on sales guidance of 3%-5% versus 5% adjusted return on sales in 2025, Citi sees the guidance as 150 basis points light versus consensus. Having expected a rather flattish year for margins, the bank looks for more details on this guidance. New model ramp-up costs/depreciation and amortization plus still high tariff and currency headwinds and reduced pricing and China sales likely drive this. "While 2027 can clearly be a better year for Mercedes-Benz on self-help actions and product momentum, the lower 2026 free cash flow and EBIT message, even despite a better than expected dividend, likely takes shares lower today." (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

February 12, 2026 03:02 ET (08:02 GMT)

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