(News Bulletin 247) – Oddo BHF maintains its outperformance rating on Renault shares, with an unchanged price target of 55 euros.
The analyst reports that Losange hosted an event yesterday on ‘Software-Defined Vehicle’, a new architecture that puts software at the heart of vehicle development.
‘Expected in 2026, the SDV should enable Renault to gain in agility (shorter development cycles), in productivity (25% reduction in R&D costs), and in value (target of 2 pts of gain in residual value)’, believes Oddo BHF.
For the analyst office, ‘Renault presents a software strategy from which emanates pragmatism, with a hybrid approach based on both internal and external skills (role of architect), and a concept which aims above all to deliver gains productivity without committing to income prospects which are still uncertain’.
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