With a market cap. of $9.2 billion, Aptiv PLC (APTV) is a global industrial technology company that provides advanced hardware and software solutions for the automotive and related industries across multiple regions. The company focuses on vehicle safety, connectivity, and electrical systems through its three core business segments.
The Schaffhausen, Switzerland-based company is expected to announce its Q3 2026 results before the market opens on Tuesday, Nov. 3. Ahead of this event, analysts expect Aptiv to report an adjusted EPS of $1.33, down 38.7% from $2.17 in the year-ago quarter. However, it has exceeded Wall Street's earnings estimates in the last four quarters.
For fiscal 2026, analysts project the auto parts supplier to post an adjusted EPS of $5.68, a 27.4% decrease from $7.82 in fiscal 2025. However, adjusted EPS is projected to grow 15.5% year-over-year to $6.56 in fiscal 2027.
Shares of Aptiv have decreased 47.4% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 17% gain and the State Street Consumer Discretionary Select Sector SPDR ETF's (XLY) 4.9% decline over the period.
Despite beating Q2 2026 earnings estimates with adjusted EPS of $1.63 against analysts’ expectations and revenue of $3.3 billion (up 2%), Aptiv shares tumbled 16.6% on Aug. 4. The company forecast weaker-than-expected Q3 EPS of $1.25 - $1.35 and revenue of $3.12 billion - $3.22 billion, also its 2026 outlook of $5.60 - $5.80 in EPS and $12.6 billion - $12.8 billion in revenue, both fell short of analyst estimates. Management cited a dynamic automotive macroeconomic environment and unfavorable customer mix as incremental headwinds, raising concerns about near-term growth and profitability despite adjusted EBITDA increasing to $613 million and margins expanding to 18.7%.
Analysts' consensus view on APTV stock is cautiously optimistic, with an overall "Moderate Buy" rating. Among 21 analysts covering the stock, 15 recommend "Strong Buy," one suggests "Moderate Buy," four indicate “Hold,” and one has a "Strong Sell." This configuration is less bullish than three months ago, with 18 analysts suggesting a "Strong Buy."
The average analyst price target for Aptiv is $66.59, indicating a potential upside of 54.3% from the current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.