MAY 18·AD HOC NEWS▲
BorgWarner Inc. stock (US0991991063): earnings beat and buyback shape outlook for e-mobility supplie
BorgWarner Inc. reported strong quarterly results and authorized a $1 billion share repurchase program, signaling confidence in its transition to electric vehicle propulsion. The company's stock closed at $63.07 on May 15, 2026, significantly up from the start of the year, with a market capitalization of nearly $13 billion. BorgWarner's strategic pivot toward e-mobility, alongside its robust legacy drivetrain business, positions it as a key player in the evolving automotive industry.
MAY 15·Insider Monkey▲
TD Cowen Raises its Price Target on BorgWarner (BWA)
TD Cowen analyst Itay Michaeli raised the price target for BorgWarner Inc. (NYSE:BWA) to $67 from $66, maintaining a Hold rating, following strong Q1 results and a positive outlook for 2027 driven by earnings resilience and expansion into non-automotive products. Barclays also increased its price target to $75 from $70 with an Overweight rating. BorgWarner reported Q1 adjusted EPS of $1.24 and revenue of $3.53 billion, exceeding consensus estimates, and reaffirmed its FY26 outlook.
