Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0746 ET - Porsche results are strong, driven by higher sales of its 911 models and lower-than-expected restructuring costs of 100 million euros, but management points to 2027 being a transition year for the company, RBC Capital Markets analyst Tom Narayan writes. Maintained full-year guidance does suggest slight upside to consensus numbers, even with the second-quarter beat, he adds. However, the company faces headwinds from electric-vehicle margins, the phase out of the petrol-powered Macan and continued restructuring costs next year. "We expect more details on the multi-year recovery story to be discussed at the company's October 7 investor day." Shares fall 1%. (dominic.chopping@wsj.com)

0729 ET - Aston Martin's results suggest the automaker is starting to become a more financially resilient business, but the challenge now is proving this is the start of a more durable recovery, Mark Crouch of Etoro writes. Investors have heard promises of recovery before, only to watch the shares drift lower, so there is understandable skepticism whenever management points to improving momentum, Crouch says. This time, however, there are more tangible signs of progress, with strong Valhalla supercar deliveries driving sharp improvement in profitability, narrowing cash outflows, and a refinancing that has eased immediate concerns over liquidity. "This is an important milestone, not the finish line," he says. "Yet maintaining full-year guidance while strengthening the balance sheet should give even cautious investors reason to take another look." Shares rise 2%. (dominic.chopping@wsj.com)

0252 ET - Jasa Marga may benefit from its exposure to the high-growth Jakarta Outer Ring Road, Bahana Sekuritas analysts say in a research report. The brokerage's model estimates that this road, for which the Indonesian company manages some of the toll road network, will contribute 199 billion rupiah, or 8.8% of Ebitda growth over the next three years. This road has consistently shown better traffic growth than other toll roads combined, and the Indonesian company has noted drivers' willingness to pay higher for the road, up to 2,000 rupiah per kilometer versus Jakarta's average of 1,700 rupiah per kilometer. The brokerage initiates coverage of the stock with a buy rating and a target price of 3,500.00 rupiah. Shares are 0.75% higher at 2,700.00 rupiah. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 29, 2026 16:50 ET (20:50 GMT)