UBS Reiterates Buy Rating on Aptiv PLC. (APTV), Says Selloff Unwarranted

UBS analyst Joseph Spak reiterated a Buy rating and $80.00 price target on Aptiv PLC. (NYSE: APTV).

The analyst commented, "We reiterate Buy on APTV post their 1Q26 update, believing the sell off was unwarranted. We maintain our $80 PT and 26/27 estimates are essentially unchanged. We believe the sell off was driven by: 1) 2Q26 guided ~5% below consensus which makes… 2) 2026 more back-half weighted with what looks like a steep ramp. 3) Management comments on some rising cost pressures vs. prior. However, 2Q26 is impacted by stranded cost and Ford volume timing; as we detail below, upon dissection, the 2H26 ramp looks more achievable than optics would suggest; management able to retain their outlook even with additional cost pressures as they found offsets or pass on. Further, we are starting to see signs of positive developments in China and non-auto – both of which are key towards growth acceleration and the equity story. While we understand management may needs to re-earn confidence of investors, management was adamant there is cushion built into their outlook and very confident that if macro stabilizes, their guidance is achievable."

For an analyst ratings summary and ratings history on Aptiv PLC. click here. For more ratings news on Aptiv PLC. click here.

Shares of Aptiv PLC. closed at $54.83 yesterday.

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