TD Cowen analyst Jeff Osborne has maintained their bullish stance on APTV stock, giving a Buy rating on February 4.
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Jeff Osborne’s rating is based on Aptiv’s strong financial performance and future outlook. The company reported robust cash flow and bookings for the end of 2024, with guidance for 2025 that includes a cautious North American production perspective, which still impressed despite the uncertainty around tariffs. The guidance for 2025 implies a favorable growth on margin (GoM) and an operating margin above consensus, which boosts confidence in the company’s prospects.
Key positive indicators include record fourth-quarter bookings, earnings per share, and cash flow, which are expected to help accelerate debt reduction. The 2025 guidance aligns with consensus and suggests a stable to increasing bookings outlook, with promising growth in advanced driver-assistance systems (ADAS). Furthermore, Aptiv aims to achieve market parity in China revenue, targeting a significant local share by the end of 2025. Despite concerns over tariff impacts and a slight decline in Wind River revenue, these positives underpin Osborne’s Buy rating for Aptiv.
In another report released on February 4, HSBC also upgraded the stock to a Buy with a $77.00 price target.