Dogus Otomotiv (DOAS) 1Ç26 Financial Performance Analysis
Tacirler Investment
We evaluate Dogus Otomotiv’s 1Q26 financial results as neutral overall, as the company delivered results in line with our expectations despite continued annual weakness in both operational performance and net profitability. Following the recent weak share price performance and financial results broadly in line with our expectations, we revise our 12-month target price to TL 255 from TL 278 in line with our updated projections for the coming quarters, while maintaining our Buy recommendation given the current upside potential.