$APTV

Aptiv (APTV) will support NVIDIA's Jetson Orin Nano 2 processor, expanding their partnership. The company reported Q2 2026 revenue of $3.3B, up 2%, with adjusted EBITDA at $613M. Free cash flow declined to $12M from $219M a year earlier, with negative free cash flow of $196M for the first half of 2026. Aptiv is focusing on physical AI and robotics, while legacy automotive demand poses a headwind.

Axera (0600.HK) announced its M57 SoC powers Aptiv's new ADAS unit, now in mass production for a Chinese NEV automaker's EU-bound models. The solution meets 2026 Euro NCAP five-star requirements, reducing hardware size and power use by 20%. Axera's GM highlighted M57's global market readiness and compliance with safety standards.

Wall Street analysts issued research calls on several companies. Eli Lilly (LLY) was upgraded to Buy with a $1,400 target, Etsy (ETSY) to Outperform with a $525 target, and New York Times (NYT) to Buy with an $82 target. Downgrades included Aptiv (APTV) to Neutral with a $56 target, Lear (LEA) to Neutral with a $150 target, and Magna (MGA) to Neutral with a $72 target. New initiations included Autodesk (ADSK) with a Neutral rating and $215 target, Rivian (RIVN) with a Neutral rating and $18 targ

Analysts updated recommendations for several companies. Baptista Research raised Abercrombie & Fitch's price target to $163.40 but downgraded it to hold. Eli Lilly was upgraded to buy by Berenberg, which also raised its target to $1,400. Other companies affected include Coinbase, Ulta Beauty, and Philip Morris.

Auto-parts OEMs show mixed sentiment. Magna (MGA) and BorgWarner (BWA) are favored for valuation, while Aptiv (APTV) has high recovery potential but weak earnings revisions. Tariffs pose margin risks. Magna's forward P/E is 9.6x with 19.6% fair value upside. Aptiv's shares fell despite beating EPS estimates due to lowered outlook.

Analysts made several rating changes: TD Cowen initiated Faeth Therapeutics as buy, Barclays upgraded Sagimet Biosciences to overweight, JPMorgan upgraded Lithium Americas to overweight, and more. Price targets were also adjusted for companies like Affirm, Robinhood, and First Solar.

BlackBerry's QNX added Hailo-8 AI Accelerator support to its SDP 8.0, showing performance gains in edge computing. Asahi Kasei expanded its Celgard facility for battery separator production. BMW standardized advanced ADAS across its Neue Klasse platform. Aptiv partnered with NVIDIA for sensor integration on the Jetson Orin Nano 2.

Key trends in electronics manufacturing include surging book-to-bill ratios for PCBs (1.46) and EMS (1.29), driven by defense and AI demand. Kitron expanded in Norway, Koh Young in Korea, and IMI reported strong H1 2026 earnings. M&A activity included TTM's $1.1B acquisition of Epiq and NEOTech's purchase of Virtex. Doosan acquired a stake in SK Siltron for $1.7B.

Aptiv PLC (APTV) announced support for NVIDIA's Jetson Orin Nano 2, expanding its collaboration to accelerate production-ready physical AI and intelligent edge systems. Aptiv will provide sensing, software, and lifecycle support for drones, robotics, and industrial automation. The Jetson Orin Nano 2 offers 2x inference performance and 40% less power consumption.

BlackBerry (BB) and Aptiv (APTV) are both involved in automotive tech. BB's QNX segment saw Q1 FY2027 revenue rise 26% to $72M, with strong margins. APTV reported $5B in new business awards but cut 2026 revenue guidance. BB's stock is up 120% YTD, while APTV is down 35.8%. Analysts have lowered earnings estimates for both.