Aptiv PLC (APTV) Maintains Outperform Rating, Price Target Raised to $92 by RBC Capital

RBC Capital analyst Tom Narayan maintained his "Outperform" rating for Aptiv (APTV) and raised the price target from $85 to $92, an 8.24% increase. This positive outlook is echoed by other analysts, with Oppenheimer, JP Morgan, and Wells Fargo also maintaining "Outperform" ratings and raising price targets. Aptiv supplies components and systems for a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The average one-year price target for Aptiv is $79.81, indicating a 23.05% upside from the current price of $64.86.

Aptiv PLC (APTV) reported robust Q2 2025 financial results, with analysts responding positively by raising their price targets and maintaining an "Outperform" rating. The company's non-GAAP earnings per share (EPS) of $2.12 exceeded estimates by $0.29, while revenue of $5.21 billion surpassed forecasts by $130 million, indicating a 3.2% year-over-year growth [1].

Analysts from RBC Capital, Oppenheimer, JP Morgan, and Wells Fargo have all maintained their "Outperform" ratings and raised their price targets. RBC Capital's Tom Narayan increased his target from $85 to $92, an 8.24% increase, while Oppenheimer, JP Morgan, and Wells Fargo also raised their targets [3]. The average one-year price target for Aptiv is $79.81, indicating a 23.05% upside from the current price of $64.86 [2].

Aptiv's strong performance can be attributed to its alignment with electrification, automation, and digitalization trends, as well as progress in the electrical distribution systems (EDS) spin-off. The company reported record second-quarter revenue of $5.2 billion, up 2% year-over-year, and operating income of $628 million, with a margin expansion of 10 basis points. Earnings per share reached $2.12, up 34% from the prior year [2].

Looking ahead, Aptiv has projected its full-year 2025 revenue to range between $20 billion and $20.3 billion, with an adjusted EBITDA and operating income forecast at $3.19 billion and $2.42 billion at the midpoint, respectively. Adjusted EPS guidance is $7.30 to $7.60, which is $0.15 higher than the prior range due to a lower share count and favorable net interest expense [2].

Management remains confident about meeting its $31 billion new business awards target and is focused on navigating macroeconomic and regulatory uncertainties in the second half of 2025 through operational agility, supply chain resilience, and strategic portfolio actions, with a cautious outlook on consumer demand and external market risks [2].

References:
[1] https://www.gurufocus.com/news/3021306/aptiv-aptv-beats-q2-earnings-expectations-with-strong-revenue-growth
[2] https://seekingalpha.com/news/4475791-aptiv-targets-31b-in-new-business-awards-for-2025-while-advancing-eds-spin-and-navigating
[3] https://stockanalysis.com/stocks/aptv/