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Delivering production-ready, automated-driving products and platforms enabled by the combination of NVIDIA Hyperion and NVIDIA Halos safety system with Aptiv’s proven product and industrialization capabilitiesOpen and scalable approach to compute platforms designed to help automakers bring advanced safety and automated-driving capabilities to more vehicle segmentsCollaboration results in significant systems savings for vehicle manufacturers such as supporting NVIDIA Thor-based compute with air cooling SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Aptiv PLC (NYSE: APTV), a global industrial technology leader, today announced an expansion of its collaboration with NVIDIA to deliver scalable, production-ready automated-driving solutions enabled by NVIDIA Hyperion and NVIDIA Halos safety system.

"By expanding our work with NVIDIA, we are combining world-class AI compute with Aptiv’s proven ADAS and industrialization capabilities to deliver an open solution engineered for real-world performance, affordability and scale."

Share The collaboration brings together NVIDIA Hyperion with Aptiv’s scalable platforms and industrialization expertise. When paired with open and flexible perception, middleware, and ADAS features it results in cost-effective solutions for deploying increasingly advanced capabilities across a broad range of global markets and vehicle segments.

Affordability remains one of the most significant impediments to the widespread consumer adoption of highly automated vehicles. By combining NVIDIA Thor’s efficient, high-performance compute with Aptiv’s system-level optimization capabilities, the companies aim to reduce system cost and complexity without compromising performance. A powerful example of these synergies is the ability to support advanced AI models, while relying exclusively on air cooling for thermal management – an industry first for Thor-based computing platforms – resulting in significant systems savings for the OEM, particularly on internal combustion vehicles.

“Automakers need a practical path to bring more advanced levels of automation to consumers at an accessible cost,” said Sandeep Punater, Vice President, Product & Business Development, Autonomy. “Aptiv has a proven track record of taking highly complex automated-driving technologies from development to global vehicle deployment. By expanding our work with NVIDIA, we are combining world-class AI compute with Aptiv’s proven ADAS and industrialization capabilities to deliver an open solution engineered for real-world performance, affordability and scale.”

A Scalable Foundation for More Accessible Automation

The collaboration brings the NVIDIA Hyperion and NVIDIA Halos safety system into Aptiv’s modular compute architecture to support customer in-house, Aptiv, NVIDIA or other third-party AI models. This open and flexible approach, combined with expanded compute availability, enables automakers to:

Deliver cost-effective solutions, from hands-free to fully autonomous driving, without sacrificing their proven foundation for compliance features Maintain flexibility across sensors, software applications, AI models and vehicle architectures Accelerate development, integration, test, validation and launch of AI-powered capabilities and vehicle platforms Continuously improve system performance through software and AI model updates “NVIDIA Hyperion and NVIDIA Halos safety system gives automakers a foundation to accelerate safe, production-ready autonomy,” said Rishi Dhall, vice president of automotive at NVIDIA. “Combining this platform with Aptiv’s integration and industrialization expertise can help reduce system cost and complexity and bring advanced automated-driving capabilities to more vehicles.”

The announcement builds on Aptiv and NVIDIA’s prior collaborations to bring production-ready AI solutions to market. Aptiv previously announced support for NVIDIA Jetson Thor and NVIDIA Jetson Orin Nano 2, combining NVIDIA AI platforms with Aptiv’s sensing, software, systems integration and lifecycle support capabilities. The expanded collaboration applies that shared focus on commercialization to the next generation of intelligent, highly automated and software-defined vehicles.

Proven Capabilities from Concept to Deployment

Aptiv has played a defining role in the evolution of advanced driver-assistance systems, from introducing radar-based adaptive cruise control and fused radar and vision systems to delivering the first and only turnkey hands-free L2+ driving platform from a technology supplier in production.

Today, Aptiv technologies support highly automated vehicles across major automotive markets worldwide. Aptiv’s approach enables OEMs to select individual components, integrated subsystems or complete turnkey ADAS solutions based on their individual requirements, capabilities and strategic priorities.

Aptiv expects to showcase its latest end-to-end AI-powered automated driving capabilities running on NVIDIA Hyperion at CES 2027.

About Aptiv

Aptiv PLC (NYSE: APTV) is a global industrial technology leader delivering advanced solutions people trust when it matters most across automotive, commercial vehicle, aerospace and defense, telecom and datacom, and other diversified industrial end markets. Our differentiated portfolio enables devices and systems to sense, think, act, and continuously optimize performance. Building on decades of innovation, Aptiv brings global scale and a resilient, localized value chain to customers across the globe. Learn more at Aptiv.com.

More News From Aptiv PLC

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Aptiv PLC (APTV - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned +2.1%, compared to the Zacks S&P 500 composite's +0.7% change. During this period, the Zacks Technology Services industry, which APTIV PLC falls in, has lost 9.5%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, APTIV PLC is expected to post earnings of $1.33 per share, indicating a change of -38.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.3% over the last 30 days.

The consensus earnings estimate of $5.68 for the current fiscal year indicates a year-over-year change of -27.4%. This estimate has changed -0.2% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $6.56 indicates a change of +15.4% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has changed -0.2%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of APTIV PLC, the consensus sales estimate of $3.16 billion for the current quarter points to a year-over-year change of -39.3%. The $12.7 billion and $13.46 billion estimates for the current and next fiscal years indicate changes of -37.7% and +6%, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $3.27 billion in the last reported quarter, representing a year-over-year change of -37.1%. EPS of $1.63 for the same period compares with $2.12 a year ago.

Compared to the Zacks Consensus Estimate of $3.32 billion, the reported revenues represent a surprise of -1.37%. The EPS surprise was +14.79%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Aptiv PLC (APTV - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this company have returned -3.2% over the past month versus the Zacks S&P 500 composite's +1.3% change. The Zacks Technology Services industry, to which APTIV PLC belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

APTIV PLC is expected to post earnings of $1.33 per share for the current quarter, representing a year-over-year change of -38.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.2%.

For the current fiscal year, the consensus earnings estimate of $5.68 points to a change of -27.4% from the prior year. Over the last 30 days, this estimate has changed -0.2%.

For the next fiscal year, the consensus earnings estimate of $6.56 indicates a change of +15.5% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has changed -0.2%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of APTIV PLC, the consensus sales estimate of $3.17 billion for the current quarter points to a year-over-year change of -39.2%. The $12.71 billion and $13.49 billion estimates for the current and next fiscal years indicate changes of -37.7% and +6.2%, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $3.27 billion in the last reported quarter, representing a year-over-year change of -37.1%. EPS of $1.63 for the same period compares with $2.12 a year ago.

Compared to the Zacks Consensus Estimate of $3.32 billion, the reported revenues represent a surprise of -1.37%. The EPS surprise was +14.79%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

In the latest trading session, Aptiv PLC (APTV - Free Report) closed at $43.48, marking a -2.77% move from the previous day. This change lagged the S&P 500's 0.22% loss on the day. On the other hand, the Dow registered a loss of 0.66%, and the technology-centric Nasdaq decreased by 0.22%.

Heading into today, shares of the company had lost 2.21% over the past month, outpacing the Business Services sector's loss of 4.73% and lagging the S&P 500's gain of 1.4%.

Market participants will be closely following the financial results of Aptiv PLC in its upcoming release. It is anticipated that the company will report an EPS of $1.33, marking a 38.71% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $3.17 billion, indicating a 39.2% decline compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates project earnings of $5.68 per share and a revenue of $12.71 billion, demonstrating changes of -27.37% and -37.7%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Aptiv PLC. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.18% downward. Aptiv PLC currently has a Zacks Rank of #4 (Sell).

With respect to valuation, Aptiv PLC is currently being traded at a Forward P/E ratio of 7.87. This signifies a discount in comparison to the average Forward P/E of 15.73 for its industry.

Also, we should mention that APTV has a PEG ratio of 0.87. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Technology Services stocks are, on average, holding a PEG ratio of 1.22 based on yesterday's closing prices.

The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 30% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Aptiv PLC (APTV - Free Report) .

APTIV PLC currently has an average brokerage recommendation (ABR) of 1.59, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.59 approximates between Strong Buy and Buy.

Of the 22 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 72.7% and 4.6% of all recommendations.

Brokerage Recommendation Trends for APTV

Check price target & stock forecast for APTIV PLC here>>>

The ABR suggests buying APTIV PLC, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is APTV Worth Investing In?In terms of earnings estimate revisions for APTIV PLC, the Zacks Consensus Estimate for the current year has declined 0.2% over the past month to $5.68.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for APTIV PLC. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for APTIV PLC with a grain of salt.

In the latest close session, Aptiv PLC (APTV - Free Report) was up +2.21% at $43.97. The stock's change was more than the S&P 500's daily gain of 0.2%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.04%.

Shares of the company have depreciated by 4.46% over the course of the past month, outperforming the Business Services sector's loss of 6.44%, and lagging the S&P 500's loss of 0.35%.

The upcoming earnings release of Aptiv PLC will be of great interest to investors. On that day, Aptiv PLC is projected to report earnings of $1.33 per share, which would represent a year-over-year decline of 38.71%. Our most recent consensus estimate is calling for quarterly revenue of $3.17 billion, down 39.13% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $5.69 per share and a revenue of $12.71 billion, demonstrating changes of -27.24% and -37.7%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Aptiv PLC. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Aptiv PLC is currently sporting a Zacks Rank of #5 (Strong Sell).

Looking at valuation, Aptiv PLC is presently trading at a Forward P/E ratio of 7.56. This indicates a discount in contrast to its industry's Forward P/E of 15.89.

It is also worth noting that APTV currently has a PEG ratio of 0.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Technology Services stocks are, on average, holding a PEG ratio of 1.17 based on yesterday's closing prices.

The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 182, which puts it in the bottom 27% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Aptiv PLC (APTV - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this company have returned -2.1%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Technology Services industry, which APTIV PLC falls in, has gained 0.3%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

APTIV PLC is expected to post earnings of $1.33 per share for the current quarter, representing a year-over-year change of -38.7%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

The consensus earnings estimate of $5.69 for the current fiscal year indicates a year-over-year change of -27.2%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $6.57 indicates a change of +15.4% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #5 (Strong Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of APTIV PLC, the consensus sales estimate of $3.2 billion for the current quarter points to a year-over-year change of -38.6%. The $12.71 billion and $13.58 billion estimates for the current and next fiscal years indicate changes of -37.7% and +6.8%, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $3.27 billion in the last reported quarter, representing a year-over-year change of -37.1%. EPS of $1.63 for the same period compares with $2.12 a year ago.

Compared to the Zacks Consensus Estimate of $3.32 billion, the reported revenues represent a surprise of -1.37%. The EPS surprise was +14.79%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.

Aptiv PLC (APTV - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this company have returned -10%, compared to the Zacks S&P 500 composite's -2.4% change. During this period, the Zacks Technology Services industry, which APTIV PLC falls in, has lost 6.5%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, APTIV PLC is expected to post earnings of $1.33 per share, indicating a change of -38.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $5.69 points to a change of -27.2% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $6.57 indicates a change of +15.4% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #5 (Strong Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of APTIV PLC, the consensus sales estimate of $3.2 billion for the current quarter points to a year-over-year change of -38.6%. The $12.71 billion and $13.58 billion estimates for the current and next fiscal years indicate changes of -37.7% and +6.8%, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $3.27 billion in the last reported quarter, representing a year-over-year change of -37.1%. EPS of $1.63 for the same period compares with $2.12 a year ago.

Compared to the Zacks Consensus Estimate of $3.32 billion, the reported revenues represent a surprise of -1.37%. The EPS surprise was +14.79%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of APTV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

It has been about a month since the last earnings report for Aptiv PLC (APTV - Free Report) . Shares have lost about 4.2% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is APTIV PLC due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Aptiv PLC before we dive into how investors and analysts have reacted as of late.

Aptiv Q2 Earnings Beat EstimatesAptiv PLC reported mixed second-quarter 2026 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.

APTV’s adjusted earnings of $1.63 per share topped the Zacks Consensus Estimate of $1.42 by 14.8% and increased 24.4% from the year-ago quarter, aided by stronger operating profitability, lower interest expense and a reduced share count.

Revenues of $3.27 billion missed the consensus mark of $3.32 billion by 1.4% but rose 2.3% year over year. Adjusted revenue growth was 2%, while non-automotive revenues increased 12%.

The company reported results excluding its Electrical Distribution (EDS) segment, which completed its spin-off into a new publicly traded company, Versigent, on April 1, 2026.

APTV’s Regional Growth MixNorth American adjusted revenues advanced 10% despite flat regional vehicle production. Asia-Pacific revenues grew 6%, including a 5% increase in China, even as Chinese vehicle production declined 3%.

Europe remained a headwind, with adjusted revenues falling 8% against a 1% production decline. Revenues in South America, Aptiv’s smallest region, decreased 4%. The regional results reflected strength in North America and Asia-Pacific, partly offset by weak European demand.

Aptiv’s Engineered Components Leads GrowthEngineered Components revenues increased 4.8% year over year to $1.80 billion. Adjusted revenue growth was 3%, with automotive revenues flat and non-automotive revenues up 11%. North American demand was the primary growth driver.

The segment’s adjusted EBITDA rose 17.5% to $403 million. Its adjusted EBITDA margin expanded to 22.4% from 21.4%, benefiting from higher volumes, operating execution and favorable timing of customer recoveries, despite stranded costs following the Electrical Distribution Systems spin-off.

APTV’s Intelligent Systems Stays FlatIntelligent Systems revenues were $1.50 billion, compared with $1.51 billion in the prior-year quarter. Adjusted revenues were flat as a 12% increase in non-automotive business and 10% growth in Software and Services were offset by a 3% decline in automotive revenues.

Adjusted EBITDA decreased 8.3% to $210 million, while the segment margin contracted to 14% from 15.2%. Increased engineering investments and stranded costs more than offset performance initiatives during the quarter.

Aptiv’s Margins ExpandAdjusted EBITDA increased 12.1% to $613 million. The adjusted EBITDA margin expanded 160 basis points to 18.7% on a continuing operations basis, supported by higher volumes and favorable foreign-currency effects, partly offset by increased commodity costs.

Adjusted operating income rose 15.4% to $473 million, and the corresponding margin improved to 14.4% from 12.8%. GAAP operating income increased to $367 million from $325 million. Interest expense declined to $62 million from $92 million, while tax expense increased to $52 million from $16 million.

APTV’s Product Expansion Gains PaceAptiv secured about $5 billion in new commercial awards, comprising $2.4 billion in Intelligent Systems and $2.5 billion in Engineered Components. The company won its first commercial Gen 8 Radar award and expanded into robotics through a perception-systems award.

Non-automotive progress included robotics, drones, energy storage and commercial vehicles. Aptiv also reported a commercial drone win in July and continued collaborating with NVIDIA on production-ready edge Artificial Intelligence platforms. Software and Services growth further supported the company’s diversification beyond automotive markets.

Aptiv’s Cash Flow & Capital MovesCash provided by continuing operations totaled $137 million, down from $326 million a year ago. Free cash flow was $12 million compared with $219 million, reflecting capital expenditures and costs associated with separating the EDS business.

Aptiv ended June with $761 million in cash and cash equivalents and $5.33 billion in long-term debt. The company repurchased 4.1 million shares for $250 million during the quarter, bringing first-half repurchases to $325 million. About $1.8 billion remained under its authorization.

APTV Trims Its Q3 & 2026 OutlookFor the third quarter, Aptiv expects revenues to be in the range of $3.12-$3.22 billion.

APTV’s adjusted earnings are projected to be between $1.25 and $1.35 per share. Its adjusted EBITDA is projected between $545 million and $575 million, with a margin of 17.7%.

For 2026, revenues are forecast at $12.6-$12.8 billion, below the prior range of $12.8-$13.2 billion.

Adjusted earnings are expected between $5.60 and $5.80 per share compared with the previous outlook of $5.70-$6.10.

Customer-mix pressures, particularly in China, production changes, launch delays and software timing prompted the revised forecast.

How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.

The consensus estimate has shifted -16.2% due to these changes.

VGM ScoresCurrently, APTIV PLC has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Charting a somewhat similar path, the stock has a grade of A on the value side, putting it in the top quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise APTIV PLC has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry PlayerAPTIV PLC is part of the Zacks Technology Services industry. Over the past month, SLB (SLB - Free Report) , a stock from the same industry, has gained 16.5%. The company reported its results for the quarter ended June 2026 more than a month ago.

SLB reported revenues of $8.97 billion in the last reported quarter, representing a year-over-year change of +5%. EPS of $0.55 for the same period compares with $0.74 a year ago.

For the current quarter, SLB is expected to post earnings of $0.62 per share, indicating a change of -10.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.3% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for SLB. Also, the stock has a VGM Score of C.

Aptiv PLC (NYSE: APTV), a global industrial technology leader, today announced it is supporting NVIDIA Jetson Orin Nano 2, to help customers accelerate the depl

Aptiv (NYSE:APTV – Get Free Report) and Fox Factory (NASDAQ:FOXF – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.

Institutional and Insider Ownership 94.2% of Aptiv shares are owned by institutional investors. 0.1% of Aptiv shares are owned by company insiders. Comparatively, 0.9% of Fox Factory shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility and Risk Aptiv has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, Fox Factory has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500.

Analyst Recommendations This is a summary of current ratings for Aptiv and Fox Factory, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Aptiv 2 3 19 0 2.71 Fox Factory 2 2 1 1 2.17 Aptiv presently has a consensus target price of $76.50, suggesting a potential upside of 65.05%. Fox Factory has a consensus target price of $21.00, suggesting a potential downside of 0.28%. Given Aptiv’s stronger consensus rating and higher possible upside, analysts clearly believe Aptiv is more favorable than Fox Factory.

Profitability This table compares Aptiv and Fox Factory’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Aptiv 1.17% 17.10% 7.03% Fox Factory -20.39% 5.57% 2.37% Earnings and Valuation This table compares Aptiv and Fox Factory”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Aptiv $20.40 billion 0.47 $165.00 million $1.06 43.73 Fox Factory $1.47 billion 0.60 -$544.58 million ($7.14) -2.95 Aptiv has higher revenue and earnings than Fox Factory. Fox Factory is trading at a lower price-to-earnings ratio than Aptiv, indicating that it is currently the more affordable of the two stocks.

Summary Aptiv beats Fox Factory on 12 of the 15 factors compared between the two stocks.

About Aptiv (Get Free Report)

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle’s electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems. Its Advanced Safety and User Experience segment provides critical technologies and services for vehicle safety, security, comfort, and convenience, such as sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, application software, autonomous driving technologies, and end-to-end DevOps tools. The company was formerly known as Delphi Automotive PLC and changed its name to Aptiv PLC in December 2017. Aptiv PLC was incorporated in 2011 and is based in Dublin, Ireland.

About Fox Factory (Get Free Report)

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products. It also provides suspension tuning services, as well as wheels, off-road tires and accessories. In addition, the company offers mountain and gravel bike wheels, and other performance cycling components, including cranks, chainrings, pedals, bars, stems, and seat posts, as well as baseball and softball products comprising metal bats, wood bats, apparel and accessories, batting gloves, fielding gloves, and bags and protective equipment under the Marucci brand. The company serves aftermarket applications products under the BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4×4 Posi-Lok, Ridetech, Tuscany, Outside Van, SCA, and Custom Wheel House brands; and mountain bikes, e-bikes, and gravel bikes under the FOX, Race Face, Easton Cycling, and Marzocchi brands. Fox Factory Holding Corp. was incorporated in 2007 and is based in Duluth, Georgia.

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Hakan Agnevall, Director, purchased 4,100 shares of Aptiv (APTV +0.68%) at $48.58 per share on Aug. 13, 2026, according to a SEC Form 4 filing.

Company snapshotSector: Consumer CyclicalIndustry: Auto-PartsMarket Cap: $9.4 billionEmployees: 140,000Headquarters: SchaffhausenAptiv, an industrial technology company, provides hardware and software solutions to support automotive and other industries across North America, Europe, the Middle East, Africa, Asia-Pacific, and South America.

Transaction summaryMetricValueTransaction value$199,200Shares purchased4,100Post-transaction shares (directly held)17,797Post-transaction value$875,078Transaction value based on SEC Form 4 weighted average purchase price ($48.58); post-transaction value based on Aug. 13, 2026, market close ($49.17).

Key questionsHow did this acquisition affect the director's overall equity position?
The purchase of 4,100 shares resulted in a 30% increase in Agnevall's direct holdings, which now total 17,797 shares.What was the pricing environment for this transaction?
Shares were acquired at $48.58 per share, during a period in which the stock had recorded a 34% one-year loss of as of the Aug. 13, 2026, transaction date.What is the current valuation of the director's total stake?
Based on the Aug. 14, 2026, market close price of $49.56, the director's 17,797 direct shares were valued at approximately $875,000. What is the company's current financial and operational scope?
Aptiv maintains a market capitalization of $9.4 billion as of this writing and reported $20.5 billion in trailing twelve-month revenue, supported by a global workforce of 140,000 employees.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$49.56Market Capitalization$9.4 billionRevenue (TTM)$20.5 billionNet Income (TTM)$470 millionCompany SnapshotAptiv develops and manufactures advanced hardware and software solutions for the automotive industry.The company generates revenue through the design, engineering, and supply of automotive components and systems to original equipment manufacturers (OEMs) and tier-one suppliers, leveraging its integrated hardware-software capabilities to address vehicle electrification and autonomous driving requirements.Aptiv serves major global automotive manufacturers and suppliers across North America, Europe, the Middle East, Africa, Asia Pacific, and South America, positioning itself as a critical technology partner for vehicle safety, connectivity, and electrification initiatives.Aptiv is a leading industrial technology company with approximately 140,000 employees and TTM revenues of $20.5 billion, providing mission-critical solutions for the automotive sector's transition toward electrified and autonomous vehicles. The company's diversified portfolio provides exposure to multiple growth vectors within the automotive supply chain. With a market capitalization of $9.4 billion, Aptiv maintains a significant competitive position in automotive technology, though recent market performance reflects broader cyclical pressures within the automotive sector.

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What this transaction means for investorsAs of this writing, the Aptiv stock price has dropped 33.2% over the last 12 months compared to a 18.9% gain for the S&P 500. The company recently had to cut its 2026 full-year revenue outlook, now targeting sales between $12.6 billion and $12.8 billion, citing program delays and market weakness in China. Aptiv also spun off its electrical distribution systems in April to focus more on its higher-margin businesses, so the markets may still be trying to figure out how to value Aptiv as a stand-alone company.

That said, Agnevall's purchase of 4,100 shares could be viewed as a sign of confidence in the company. There are plenty of reasons to sell a stock, but buying activity from an insider is typically a bullish signal. Following along with what this stock buy may signal, analysts are also bullish on Aptiv. According to CNN, of the 23 analysts who cover the stock, 87% rate it as a buy, while 13% rate it as a hold. Among those analysts, the median one-year price target is $65.50, representing a 44% gain from the stock's current price. The highest price target from the group is $78, while the lowest is $55.

Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Aptiv. The Motley Fool has a disclosure policy.

Sean O. Mahoney, a long-time member of the Board of Directors at Aptiv PLC (APTV +1.42%), purchased 11,000 Ordinary Shares on August 11, 2026, according to a recent SEC Form 4 filing.

Transaction summaryMetricValueShares purchased11,000Shares purchased (directly held)4,000Shares purchased (indirectly held)7,000Transaction value$552,640Post-transaction shares31,514Post-transaction shares (directly held)24,514Post-transaction shares (indirectly held)7,000Post-transaction value~$1.6 millionTransaction value based on SEC Form 4 weighted average purchase price ($50.24); post-transaction value based on August 11, 2026 market close ($49.62).

Key questionsHow does this purchase alter the director's total exposure to the company?
Mahoney increased his direct equity position by 19% to 24,514 shares, while the addition of 7,000 indirect shares brought his total ownership stake to 0.0149% of the company.What is the structure of the newly established indirect holdings?
The indirect portion of the transaction was executed through two distinct entities: the Sean Mahoney Defined Benefit Pension Plan & Trust, which now holds 6,000 shares, and the Sean Mahoney Incentive Savings Plan & Trust, which holds 1,000 shares.What was the market environment at the time of the transaction?
Shares were priced at $50.24 in this transaction. The investment occurred following a period in which the stock price declined 26% over the 12 months ending on the August 11, 2026 transaction date.Company OverviewMetricValueShare Price (as of market close 2026-08-11)$49.62Market Capitalization$10.5 billionRevenue (TTM)$18.7 billionNet Income (TTM)$220.0 millionTotal Employees140,00052-Week Performance-25.7%Company SnapshotAptiv PLC develops and manufactures advanced hardware and software solutions for the automotive and other industries, including active safety systems, user experience platforms, smart vehicle compute solutions, and electrical distribution systems that generate revenue across North America, Europe, the Middle East, Africa, Asia Pacific, and South America.The company operates a diversified business model, leveraging proprietary technology and software integration to deliver integrated solutions that enhance vehicle safety, connectivity, and performance.Aptiv serves major global automotive original equipment manufacturers (OEMs) and tier-one suppliers as primary customers, positioning itself as a critical technology partner primarily in the automotive supply chain as the industry transitions toward electrification and autonomous driving capabilities.Aptiv PLC is a leading industrial technology provider with a $10.5 billion market cap, employing 140,000 professionals globally. The company maintains a strategic focus on advanced safety, vehicle electrification, and software-enabled solutions that address evolving demands across automotive, aerospace, and other industries.

With a diversified customer base among global OEMs and a presence across multiple geographic markets, Aptiv is positioned to benefit from structural industry trends toward vehicle electrification, autonomous driving, and connected vehicle technologies.

What this transaction means for investorsThe Aug. 11 purchase of Aptiv stock by Director Sean Mahoney suggests he is bullish on the company. His transaction at a weighted average price of $50.24 per share indicates he believes that price level presents a buy opportunity.

Mahoney’s investment in Aptiv came not long after shares hit a 52-week low of $46.16 on Aug. 6. The transaction represented a 54% increase in his total Aptiv holdings, a substantial purchase size that reflects his conviction in the stock’s ability to bounce back.

Aptiv shares fell because the company reduced its 2026 full-year sales guidance to a range between $12.6 billion and $12.8 billion as it experienced a 4% decline in China sales through the first half of this year. Aptiv originally estimated 2026 revenue to come in between $12.8 billion and $13.2 billion after it spun off its electrical distribution systems business. In the second quarter, it experienced 3% year-over-year sales growth to $3.3 billion.

Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Aptiv. The Motley Fool has a disclosure policy.

Aptiv's low valuation and margin gains stand against weaker estimates, reduced guidance and pressured cash flow, keeping the near-term setup uncertain.

Investors in Aptiv PLC (APTV - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug. 21, 2026 $37.50 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Aptiv shares, but what is the fundamental picture for the company? Currently, Aptiv is a Zacks Rank #4 (Sell) in the Technology Services industry that ranks in the Bottom 33% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while four analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.74 per share to $1.51 in that period.

Given the way analysts feel about Aptiv right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Aptiv is rated 'Buy' with a reduced price target of $80/share, reflecting heightened volatility and crystallized China risks. APTV's Q2 saw a 16-18% stock drop despite an earnings beat, driven by a $300M guidance cut and collapsing free cash flow. China demand weakness is now viewed as a structural headwind, with management pivoting messaging and exploring non-automotive diversification.

Key Takeaways APTV beat Q2 earnings estimates, missed revenue forecasts and raised adjusted operating profitability.APTV secured about $5B in new awards, adding wins in radar, robotics, drones and edge AI platforms.APTV lowered 2026 revenue and earnings guidance on customer mix, production and launch timing pressures. Aptiv PLC (APTV - Free Report) reported mixed second-quarter 2026 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.

APTV’s adjusted earnings of $1.63 per share topped the Zacks Consensus Estimate of $1.42 by 14.8% and increased 24.4% from the year-ago quarter, aided by stronger operating profitability, lower interest expense and a reduced share count.

Revenues of $3.27 billion missed the consensus mark of $3.32 billion by 1.4% but rose 2.3% year over year. Adjusted revenue growth was 2%, while non-automotive revenues increased 12%.

The company reported results excluding its Electrical Distribution (EDS) segment, which completed its spin-off into a new publicly traded company, Versigent, on April 1, 2026.

APTV’s Regional Growth MixNorth American adjusted revenues advanced 10% despite flat regional vehicle production. Asia-Pacific revenues grew 6%, including a 5% increase in China, even as Chinese vehicle production declined 3%.

Europe remained a headwind, with adjusted revenues falling 8% against a 1% production decline. Revenues in South America, Aptiv’s smallest region, decreased 4%. The regional results reflected strength in North America and Asia-Pacific, partly offset by weak European demand.

Aptiv’s Engineered Components Leads GrowthEngineered Components revenues increased 4.8% year over year to $1.80 billion. Adjusted revenue growth was 3%, with automotive revenues flat and non-automotive revenues up 11%. North American demand was the primary growth driver.

The segment’s adjusted EBITDA rose 17.5% to $403 million. Its adjusted EBITDA margin expanded to 22.4% from 21.4%, benefiting from higher volumes, operating execution and favorable timing of customer recoveries, despite stranded costs following the Electrical Distribution Systems spin-off.

APTV’s Intelligent Systems Stays FlatIntelligent Systems revenues were $1.50 billion, compared with $1.51 billion in the prior-year quarter. Adjusted revenues were flat as a 12% increase in non-automotive business and 10% growth in Software and Services were offset by a 3% decline in automotive revenues.

Adjusted EBITDA decreased 8.3% to $210 million, while the segment margin contracted to 14% from 15.2%. Increased engineering investments and stranded costs more than offset performance initiatives during the quarter.

Aptiv’s Margins ExpandAdjusted EBITDA increased 12.1% to $613 million. The adjusted EBITDA margin expanded 160 basis points to 18.7% on a continuing operations basis, supported by higher volumes and favorable foreign-currency effects, partly offset by increased commodity costs.

Adjusted operating income rose 15.4% to $473 million, and the corresponding margin improved to 14.4% from 12.8%. GAAP operating income increased to $367 million from $325 million. Interest expense declined to $62 million from $92 million, while tax expense increased to $52 million from $16 million.

APTV’s Product Expansion Gains PaceAptiv secured about $5 billion in new commercial awards, comprising $2.4 billion in Intelligent Systems and $2.5 billion in Engineered Components. The company won its first commercial Gen 8 Radar award and expanded into robotics through a perception-systems award.

Non-automotive progress included robotics, drones, energy storage and commercial vehicles. Aptiv also reported a commercial drone win in July and continued collaborating with NVIDIA on production-ready edge Artificial Intelligence platforms. Software and Services growth further supported the company’s diversification beyond automotive markets.

Aptiv’s Cash Flow & Capital MovesCash provided by continuing operations totaled $137 million, down from $326 million a year ago. Free cash flow was $12 million compared with $219 million, reflecting capital expenditures and costs associated with separating the EDS business.

Aptiv ended June with $761 million in cash and cash equivalents and $5.33 billion in long-term debt. The company repurchased 4.1 million shares for $250 million during the quarter, bringing first-half repurchases to $325 million. About $1.8 billion remained under its authorization.

APTV Trims Its Q3 & 2026 OutlookFor the third quarter, Aptiv expects revenues to be in the range of $3.12-$3.22 billion. The Zacks Consensus Estimate for the same is pegged at $3.36 billion.

APTV’s adjusted earnings are projected to be between $1.25 and $1.35 per share. The Zacks Consensus Estimate for the same is pegged at $1.59 per share. Its adjusted EBITDA is projected between $545 million and $575 million, with a margin of 17.7%.

For 2026, revenues are forecast at $12.6-$12.8 billion, below the prior range of $12.8-$13.2 billion. The Zacks Consensus Estimate for the same is pegged at $12.94 billion.

Adjusted earnings are expected between $5.60 and $5.80 per share compared with the previous outlook of $5.70-$6.10. The Zacks Consensus Estimate for the same is pegged at $5.93 per share.

Customer-mix pressures, particularly in China, production changes, launch delays and software timing prompted the revised forecast.

Currently, Aptiv carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Earnings SnapshotsTrane Technologies plc (TT - Free Report) reported impressive second-quarter 2026 results. TT’s adjusted earnings of $4.31 per share outpaced the consensus mark by 0.9% and rose 11.1% from the year-ago quarter’s actual. TT’s total revenues of $6.35 billion surpassed the consensus mark by 2.9% and increased 6.4% year over year.

Rollins, Inc. (ROL - Free Report) posted unimpressive second-quarter 2026 results. ROL’s adjusted earnings of 32 cents per share missed the Zacks Consensus Estimate by 5.9% but rose 6.7% year over year. Total revenues of $1.08 billion fell short of the consensus estimate by 1.7% but increased 7.9% from the year-ago quarter.

Aptiv PLC (APTV) Q2 2026 Earnings Call August 4, 2026 8:00 AM EDT

Company Participants

Betsy Frank - Vice President of Investor Relations
Kevin P. Clark - Chairman, CEO & President of Intelligent Systems
Varun Laroyia - Executive VP & CFO

Conference Call Participants

Itay Michaeli - TD Cowen, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
Emmanuel Rosner - Wolfe Research, LLC
Joseph Spak - UBS Investment Bank, Research Division
Colin Langan - Wells Fargo Securities, LLC, Research Division
James Picariello - BNP Paribas, Research Division
Gautam Narayan - RBC Capital Markets, Research Division
Rajat Gupta - JPMorgan Chase & Co, Research Division

Presentation

Operator

Good day, and welcome to the Aptiv Q2 2026 Earnings Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Betsy Frank, Vice President, Investor Relations. Please go ahead.

Betsy Frank
Vice President of Investor Relations

Thank you, Shelly. Good morning, and thank you for joining Aptiv's Second Quarter 2026 Earnings Conference Call. The press release and slide presentation can be found on the Investor Relations portion of our website at aptiv.com. Today's review of our financials exclude amortization, restructuring and other special items and reflect the continuing operations of Aptiv as of June 30, reflecting the treatment of our EDS segment as a discontinued operation for the second quarter 2025.

The reconciliations between GAAP and non-GAAP measures are included at the back of the slide presentation and the earnings press release. Unless stated otherwise, all references to growth rates are on a pro forma adjusted year-over-year basis. During today's call, we will be providing certain forward-looking information that reflects Aptiv's current view of future financial performance and may be materially different for reasons that we cite in our Form 10-K and other SEC filings.

Joining us today are Kevin

Strong Operating Performance and Significant Progress Diversifying Towards Non-Auto Markets

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Aptiv PLC (NYSE: APTV), a global industrial technology company, today reported financial results for the second quarter of 2026.

Second Quarter Financial Highlights Include:

U.S. GAAP revenue of $3.3 billion, an increase of 2% Adjusted revenue growth of 2% U.S. GAAP net income from continuing operations of $298 million Adjusted EBITDA of $613 million U.S. GAAP diluted earnings per share from continuing operations of $1.40 Adjusted net income per share of $1.63 Completed the spin-off of Electrical Distribution Systems segment Electrical Distribution Systems segment classified as discontinued operations for all periods presented Received cash dividend of $1.9 billion in connection with the spin-off Year-to-Date Financial Highlights Include:

U.S. GAAP revenue of $6.3 billion, an increase of 2% Adjusted revenue growth of 1% U.S. GAAP net income from continuing operations of $427 million Adjusted EBITDA of $1,106 million U.S. GAAP diluted earnings per share from continuing operations of $2.01 Adjusted net income per share of $2.56 "We delivered solid results in the second quarter, our first as New Aptiv, with a reacceleration in revenue growth and margin expansion year-over-year,” said Kevin Clark, chair and chief executive officer. “In addition, we continued to demonstrate progress on many of our strategic initiatives, including double digit revenue growth in Non-Automotive revenues, advancing our presence in the Robotics market from partnerships to commercial stage, and securing a major Drone market commercial win in early July. While the macroeconomic landscape for Automotive remains dynamic and customer mix has presented as an incremental headwind, we remain committed to delivering continued revenue growth and strong operating performance this year. Moreover, our strong belief in the long-term value of our business and opportunity for growth across markets has reinforced our commitment in returning capital to shareholders, with half of our expected cash flow for the year already having been allocated towards share repurchases, a level we see continuing for the next few years."

Second Quarter 2026 Results

For the three months ended June 30, 2026, the Company reported U.S. GAAP revenue of $3.3 billion, an increase of 2% from the prior year period. Adjusted for currency exchange and commodity movements, revenue increased by 2% in the second quarter. This reflects growth of 10% in North America, 6% in Asia Pacific, which includes growth of 5% in China, partially offset by declines of 8% in EMEA and 4% in South America, our smallest region.

The Company reported second quarter 2026 U.S. GAAP net income from continuing operations of $298 million, net income margin from continuing operations of 9.1% and earnings from continuing operations of $1.40 per diluted share, compared to U.S. GAAP net income from continuing operations of $265 million, net income margin from continuing operations of 8.3% and earnings from continuing operations of $1.21 per diluted share in the prior year period. Second quarter Adjusted Net Income totaled $345 million, or earnings of $1.63 per diluted share, compared to $285 million, or $1.31 per diluted share, in the prior year period.

The Company reported second quarter Adjusted EBITDA of $613 million, compared to $547 million in the prior year period. Adjusted EBITDA margin was 18.7%, compared to 17.1% in the prior year period, primarily reflecting increased volumes and favorable impacts of foreign currency exchange, partially offset by increased commodity costs.

The Company reported second quarter Adjusted Operating Income of $473 million, compared to $410 million in the prior year period. Adjusted Operating Income margin was 14.4%, compared to 12.8% in the prior year period.

Depreciation and amortization expense totaled $195 million, compared to $190 million in the prior year period. Interest expense for the second quarter totaled $62 million, compared to $92 million in the prior year period.

Tax expense in the second quarter of 2026 was $52 million, compared to $16 million in the prior year period.

Net cash flow provided by operating activities from continuing operations totaled $137 million in the second quarter, compared to $326 million in the prior year period. The Company generated Free Cash Flow of $12 million in the second quarter, compared to $219 million generated in the prior year period.

Year-to-Date 2026 Results

For the six months ended June 30, 2026, the Company reported U.S. GAAP revenue of $6.3 billion, an increase of 2% from the prior year period. Adjusted for currency exchange and commodity movements, revenue increased by 1% during the period. This reflects growth of 9% in North America and 1% in Asia Pacific, which includes a decline of 4% in China, partially offset by declines of 7% in EMEA and 3% in South America, our smallest region.

The Company reported 2026 year-to-date U.S. GAAP net income from continuing operations of $427 million, net income margin from continuing operation of 6.8% and earnings from continuing operations of $2.01 per diluted share, compared to U.S. GAAP net income from continuing operations of $125 million, net income margin from continuing operation of 2.0% and earnings from continuing operations of $0.55 per diluted share in the prior year period. Year-to-date Adjusted Net Income totaled $545 million, or earnings of $2.56 per diluted share, compared to $517 million, or $2.30 per diluted share, in the prior year period.

For the 2026 year-to-date period, The Company reported Adjusted EBITDA of $1,106 million, compared to $1,059 million in the prior year period. Adjusted EBITDA margin was 17.5%, compared to 17.1% in the prior year period, primarily reflecting increased volumes and favorable impacts of foreign currency exchange, partially offset by increased commodity costs.

The Company reported Adjusted Operating Income of $829 million for the year-to-date 2026 period, compared to $789 million in the prior year period. Adjusted Operating Income margin was 13.1%, compared to 12.8% in the prior year period.

Depreciation and amortization expense totaled $384 million, compared to $379 million in the prior year period. Interest expense for the year-to-date period totaled $146 million, compared to $185 million in the prior year period.

Tax expense in the six months ended June 30, 2026 was $94 million. Tax expense in the six months ended June 30, 2025 was $342 million, which primarily reflects an increase to valuation allowances of approximately $300 million on deferred tax assets impacted by the OECD Administrative Guidance issued in the first quarter of 2025.

Net cash flow provided by operating activities from continuing operations totaled $82 million in the six months ended June 30, 2026, compared to $531 million in the prior year period. The Company reported negative Free Cash Flow of $196 million in the six months ended June 30, 2026, compared to $264 million generated in the prior year period.

Reconciliations of Adjusted Revenue Growth, Adjusted EBITDA, Adjusted Operating Income, Adjusted Net Income, Adjusted Net Income Per Share and Free Cash Flow, which are non-GAAP measures, to the most directly comparable financial measures, respectively, calculated and presented in accordance with accounting principles generally accepted in the United States (“GAAP”) are provided in the attached supplemental schedules.

Debt Redemptions and Share Repurchases

In April 2026, the Company redeemed $1,847 million of aggregate principal amount of certain senior notes principally utilizing proceeds from the cash distribution received from Versigent in connection with the spin-off.

The Company repurchased and retired 4.1 million shares for $250 million in the second quarter of 2026, bringing the year-to-date total to $325 million. As of June 30, 2026, $1.8 billion remained available for future share repurchases under the Company’s existing authorization.

EDS Spin-Off

As previously disclosed, the spin-off of the Company’s former Electrical Distribution Systems segment into a new independent publicly traded company, Versigent PLC, was completed on April 1, 2026. The results of the Electrical Distribution Systems business through April 1, 2026 are presented as discontinued operations separate from the Company’s continuing operations for all periods presented. In connection with the spin-off, Aptiv received a dividend of approximately $1.9 billion from Versigent, which the Company used to opportunistically redeem outstanding debt prior to maturity.

Q3 and Full Year 2026 Outlook

The Company’s third quarter and full year 2026 financial guidance is as follows. This reflects Aptiv without the EDS business, which is presented as discontinued operations.

(in millions, except per share amounts)

Q3 2026

New Aptiv (Pro Forma)

Full Year 2026

Net sales

$3,120 - $3,220

$12,600 - $12,800

U.S. GAAP net income from continuing operations

$180 - $200

$860 - $900

U.S. GAAP net income from continuing operations margin

6.0%

6.9%

Adjusted EBITDA

$545 - $575

$2,310 - $2,370

Adjusted EBITDA margin

17.7%

18.4%

U.S. GAAP diluted net income per share from continuing operations

$0.86 - $0.96

$4.06 - $4.26

Adjusted net income per share

$1.25 - $1.35

$5.60 - $5.80

Cash flow from continuing operations

$1,270 - $1,370

Free cash flow

$625 - $725

U.S. GAAP effective tax rate

~18%

Adjusted effective tax rate

~18%

  Conference Call and Webcast

The Company will host a conference call to discuss these results at 8:00 a.m. (ET) today, which is accessible by dialing +1.800.330.6710 (U.S.) or +1.213.279.1505 (international) or through a webcast at ir.aptiv.com. The conference ID number is 8103952. A slide presentation will accompany the prepared remarks and has been posted on the investor relations section of the Company’s website. A replay will be available two hours following the conference call.

Use of Non-GAAP Financial Information

This press release contains information about Aptiv’s financial results which are not presented in accordance with GAAP. Specifically, Adjusted Revenue Growth, Adjusted EBITDA, Adjusted Operating Income, Adjusted Net Income, Adjusted Net Income Per Share and Free Cash Flow are non-GAAP financial measures. Adjusted Revenue Growth represents the year-over-year change in reported net sales relative to the comparable period, excluding the impact on net sales from currency exchange, commodity movements, acquisitions, divestitures and other transactions. Adjusted EBITDA represents net income (loss) before depreciation and amortization (including asset impairments), interest expense, income tax (expense) benefit, other income (expense), net, equity income (loss), net of tax, income (loss) from discontinued operations, restructuring and other special items. Adjusted EBITDA margin is defined as Adjusted EBITDA as a percentage of net sales. Adjusted Operating Income represents net income (loss) before interest expense, other income (expense), net, income tax (expense) benefit, equity income (loss), net of tax, income (loss) from discontinued operations, amortization, restructuring, separation costs related to the spin-off of the Electrical Distribution Systems business, other acquisition and portfolio project costs (which includes costs incurred to integrate acquired businesses and to plan and execute product portfolio transformation actions, including business and product acquisitions and divestitures), goodwill and other asset impairments, compensation expense related to acquisitions and gains (losses) on business divestitures and other transactions. Adjusted Operating Income margin is defined as Adjusted Operating Income as a percentage of net sales.

Adjusted Net Income represents net income (loss) attributable to Aptiv before income (loss) from discontinued operations, amortization, restructuring and other special items, including the tax impact thereon. Adjusted Net Income Per Share represents Adjusted Net Income divided by the Weighted Average Number of Diluted Shares Outstanding for the period.

Free cash flow represents cash provided by (used in) operating activities from continuing operations less capital expenditures.

Management believes the non-GAAP financial measures used in this press release are useful to both management and investors in their analysis of the Company’s financial position, results of operations and liquidity. In particular, management believes Adjusted Revenue Growth, Adjusted EBITDA, Adjusted Operating Income, Adjusted Net Income, Adjusted Net Income Per Share and Free Cash Flow are useful measures in assessing the Company’s ongoing financial performance that, when reconciled to the corresponding GAAP measure, provide improved comparability between periods through the exclusion of certain items that management believes are not indicative of the Company’s core operating performance and that may obscure underlying business results and trends. Management also uses these non-GAAP financial measures for internal planning and forecasting purposes.

Such non-GAAP financial measures are reconciled to the most directly comparable GAAP financial measures in the attached supplemental schedules at the end of this press release. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures of other companies.

About Aptiv

Aptiv is a global industrial technology leader delivering advanced solutions people trust when it matters most across automotive, commercial vehicle, aerospace and defense, telecom and datacom, and other diversified industrial end markets. Our differentiated portfolio enables devices and systems to sense, think, act, and continuously optimize performance. Building on decades of innovation, Aptiv brings global scale and a resilient, localized value chain to customers across the globe. Learn more at aptiv.com.

Forward-Looking Statements

This press release, as well as other statements made by Aptiv PLC (the “Company”), contain forward-looking statements that reflect, when made, the Company’s current views with respect to current events, certain investments and acquisitions and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company’s operations and business environment, which may cause the actual results of the Company to be materially different from any future results. All statements that address future operating, financial or business performance or the Company’s strategies or expectations are forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s filings with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.

    APTIV PLC
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in millions, except per share amounts)

Net sales

$

3,274

$

3,199

$

6,306

$

6,186

Operating expenses:

Cost of sales

2,499

2,468

4,861

4,784

Selling, general and administrative

332

327

660

636

Amortization

52

52

104

103

Restructuring

24

27

40

49

Total operating expenses

2,907

2,874

5,665

5,572

Operating income

367

325

641

614

Interest expense

(62

)

(92

)

(146

)

(185

)

Other income, net

58

15

55

19

Net gain on equity method transactions

3

46

3

46

Income from continuing operations before income taxes and equity loss

366

294

553

494

Income tax expense

(52

)

(16

)

(94

)

(342

)

Income from continuing operations before equity loss

314

278

459

152

Equity loss, net of tax

(17

)

(14

)

(34

)

(29

)

Income from continuing operations

297

264

425

123

(Loss) income from discontinued operations, net of tax

(50

)

133

13

263

Net income

247

397

438

386

Net income attributable to noncontrolling interest

—

5

3

6

Net loss attributable to redeemable noncontrolling interest

(1

)

(1

)

(2

)

(2

)

Net income attributable to Aptiv

$

248

$

393

$

437

$

382

Amounts attributable to Aptiv:

Income from continuing operations

$

298

$

265

$

427

$

125

(Loss) income from discontinued operations

(50

)

128

10

257

Net income

$

248

$

393

$

437

$

382

Diluted net income (loss) per share:

Continuing operations

$

1.40

$

1.21

$

2.01

$

0.55

Discontinued operations

(0.23

)

0.59

0.05

1.15

Diluted net income (loss) per share attributable to Aptiv

$

1.17

$

1.80

$

2.06

$

1.70

Weighted average number of diluted shares outstanding

212.10

218.11

212.53

224.32

    APTIV PLC
CONDENSED CONSOLIDATED BALANCE SHEETS

June 30,

2026

December 31,

(Unaudited)

2025

(in millions)

ASSETS

Current assets:

Cash and cash equivalents

$

761

$

1,575

Restricted cash

4

3

Accounts receivable, net

2,434

1,910

Inventories

2,038

1,789

Other current assets

766

627

Current assets of discontinued operations

—

2,841

Total current assets

6,003

8,745

Long-term assets:

Property, net

2,756

2,872

Operating lease right-of-use assets

305

331

Investments in affiliates

1,255

1,288

Intangible assets, net

1,875

1,997

Goodwill

3,937

4,008

Other long-term assets

1,865

1,816

Long-term assets of discontinued operations

—

2,356

Total long-term assets

11,993

14,668

Total assets

$

17,996

$

23,413

LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY

Current liabilities:

Short-term debt

$

23

$

23

Accounts payable

1,910

1,623

Accrued liabilities

1,042

1,191

Current liabilities of discontinued operations

—

2,200

Total current liabilities

2,975

5,037

Long-term liabilities:

Long-term debt

5,331

7,467

Pension benefit obligations

212

212

Long-term operating lease liabilities

241

270

Other long-term liabilities

484

479

Long-term liabilities of discontinued operations

—

449

Total long-term liabilities

6,268

8,877

Total liabilities

9,243

13,914

Commitments and contingencies

Redeemable noncontrolling interest

—

102

Total Aptiv shareholders’ equity

8,753

9,207

Noncontrolling interest

—

190

Total shareholders’ equity

8,753

9,397

Total liabilities, redeemable noncontrolling interest and shareholders’ equity

$

17,996

$

23,413

    APTIV PLC
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)

Six Months Ended June 30,

2026

2025

(in millions)

Cash flows from operating activities:

Net income

$

438

$

386

Income from discontinued operations, net of tax

13

263

Income from continuing operations

425

123

Adjustments to reconcile net income to net cash (used in) provided by operating activities:

Depreciation and amortization

384

379

Restructuring expense, net of cash paid

(14

)

(9

)

Deferred income taxes

(32

)

309

Loss from equity method investments, net of dividends received

34

29

Loss on extinguishment of debt

(39

)

3

Net gain on equity method transactions

(3

)

(46

)

Other, net

65

74

Changes in operating assets and liabilities:

Accounts receivable, net

(314

)

(204

)

Inventories

(230

)

(108

)

Accounts payable

144

163

Other, net

(331

)

(180

)

Pension contributions

(7

)

(2

)

Net cash provided by operating activities from continuing operations

82

531

Net cash (used in) provided by operating activities from discontinued operations

(133

)

252

Net cash (used in) provided by operating activities

(51

)

783

Cash flows from investing activities:

Capital expenditures

(278

)

(267

)

Proceeds from sale of property

2

2

Proceeds from asset sale

—

4

Proceeds from sale of technology investments

—

1

Cost of technology investments

—

(42

)

Proceeds from the sale of equity method investments

—

164

Acquisition of redeemable noncontrolling interest

(67

)

—

Settlement of derivatives

(3

)

5

Net cash used in investing activities from continuing operations

(346

)

(133

)

Net cash used in investing activities from discontinued operations

(66

)

(79

)

Net cash used in investing activities

(412

)

(212

)

Cash flows from financing activities:

Decrease in other short and long-term debt, net

(5

)

(574

)

Repayment of senior notes

(2,054

)

—

Fees related to modification of debt agreements

—

(5

)

Dividend received from spin-off of Versigent

1,920

—

Cash transferred to Versigent related to spin-off

(282

)

—

Repurchase of ordinary shares

(322

)

—

Taxes withheld and paid on employees’ restricted share awards

(32

)

(17

)

Net cash used in financing activities from continuing operations

(775

)

(596

)

Net cash provided by (used in) financing activities from discontinued operations

150

(136

)

Net cash used in financing activities

(625

)

(732

)

Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash

(1

)

36

Decrease in cash, cash equivalents and restricted cash

(1,089

)

(125

)

Cash, cash equivalents and restricted cash at beginning of the period

1,854

1,574

Cash, cash equivalents and restricted cash at end of the period

$

765

$

1,449

Cash, cash equivalents and restricted cash of discontinued operations

$

—

$

328

Cash, cash equivalents and restricted cash of continuing operations

$

765

$

1,121

    APTIV PLC
FOOTNOTES
(Unaudited)

1. Segment Summary

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

%

2026

2025

%

(in millions)

(in millions)

Net Sales

Engineered Components

$

1,800

$

1,718

5%

$

3,422

$

3,298

4%

Intelligent Systems

1,501

1,507

—%

2,934

2,931

—%

Eliminations and Other (a)

(27

)

(26

)

(50

)

(43

)

Net Sales

$

3,274

$

3,199

$

6,306

$

6,186

Adjusted EBITDA

Engineered Components

$

403

$

343

17%

$

729

$

670

9%

Intelligent Systems

210

204

3%

377

389

(3)%

Adjusted EBITDA

$

613

$

547

$

1,106

$

1,059

  2. Weighted Average Number of Diluted Shares Outstanding

The following table illustrates the weighted average shares outstanding used in calculating basic and diluted net income (loss) per share attributable to Aptiv for the three and six months ended June 30, 2026 and 2025:

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in millions, except per share amounts)

Weighted average ordinary shares outstanding, basic

211.56

217.73

211.84

223.91

Dilutive shares related to RSUs

0.54

0.38

0.69

0.41

Weighted average ordinary shares outstanding, including dilutive shares

212.10

218.11

212.53

224.32

Basic net income (loss) per share:

Continuing operations

$

1.41

$

1.21

$

2.02

$

0.56

Discontinued operations

(0.24

)

0.59

0.04

1.15

Basic net income per share attributable to Aptiv

$

1.17

$

1.80

$

2.06

$

1.71

Diluted net income (loss) per share:

Continuing operations

$

1.40

$

1.21

$

2.01

$

0.55

Discontinued operations

(0.23

)

0.59

0.05

1.15

Diluted net income per share attributable to Aptiv

$

1.17

$

1.80

$

2.06

$

1.70

    APTIV PLC
RECONCILIATION OF NON-GAAP MEASURES
(Unaudited)

In this press release the Company has provided information regarding certain non-GAAP financial measures, including “Adjusted Revenue Growth,” “Adjusted EBITDA,” “Adjusted Operating Income,” “Adjusted Net Income,” “Adjusted Net Income Per Share” and “Free Cash Flow.” Such non-GAAP financial measures are reconciled to their closest GAAP financial measure in the following schedules.

Adjusted Revenue Growth: Adjusted Revenue Growth is presented as a supplemental measure of the Company’s financial performance which management believes is useful to investors in assessing the Company’s ongoing financial performance that, when reconciled to the corresponding U.S. GAAP measure, provides improved comparability between periods through the exclusion of certain items that management believes are not indicative of the Company’s core operating performance and which may obscure underlying business results and trends. Our management utilizes Adjusted Revenue Growth in its financial decision making process, to evaluate performance of the Company and for internal reporting, planning and forecasting purposes. Adjusted Revenue Growth is defined as the year-over-year change in reported net sales relative to the comparable period, excluding the impact on net sales from currency exchange, commodity movements, acquisitions, divestitures and other transactions. Not all companies use identical calculations of Adjusted Revenue Growth, therefore this presentation may not be comparable to other similarly titled measures of other companies.

Three Months Ended

June 30, 2026

Reported net sales % change

2

%

Less: foreign currency exchange and commodities

—

%

Adjusted revenue growth

2

%

Six Months Ended

June 30, 2026

Reported net sales % change

2

%

Less: foreign currency exchange and commodities

1

%

Adjusted revenue growth

1

%

    Adjusted EBITDA: Adjusted EBITDA is presented as a supplemental measure of the Company’s financial performance which management believes is useful to investors in assessing the Company’s ongoing financial performance that, when reconciled to the corresponding U.S. GAAP measure, provides improved comparability between periods through the exclusion of certain items that management believes are not indicative of the Company’s core operating performance and which may obscure underlying business results and trends. Our management utilizes Adjusted EBITDA in its financial decision making process, to evaluate performance of the Company and for internal reporting, planning and forecasting purposes. Adjusted EBITDA is defined as net income (loss) before depreciation and amortization (including asset impairments), interest expense, income tax (expense) benefit, other income (expense), net, equity income (loss), net of tax, income (loss) from discontinued operations, restructuring and other special items. Not all companies use identical calculations of Adjusted EBITDA, therefore this presentation may not be comparable to other similarly titled measures of other companies. EBITDA margin represents EBITDA as a percentage of net sales, and Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of net sales.

Consolidated Adjusted EBITDA

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in millions)

$

Margin

$

Margin

$

Margin

$

Margin

Net income attributable to Aptiv

$

248

7.6

%

$

393

12.3

%

$

437

6.9

%

$

382

6.2

%

(Loss) income from discontinued operations, net of tax

(50

)

128

10

257

Income from continuing operations

$

298

9.1

%

$

265

8.3

%

$

427

6.8

%

$

125

2.0

%

Interest expense

62

92

146

185

Income tax expense

52

16

94

342

Net loss attributable to redeemable noncontrolling interest

(1

)

(1

)

(2

)

(2

)

Depreciation and amortization (a)

195

190

384

379

EBITDA

$

606

18.5

%

$

562

17.6

%

$

1,049

16.6

%

$

1,029

16.6

%

Other income, net

(58

)

(15

)

(55

)

(19

)

Net gain on equity method transactions

(3

)

(46

)

(3

)

(46

)

Equity loss, net of tax

17

14

34

29

Restructuring

24

27

40

49

Separation costs

18

1

23

1

Other acquisition and portfolio project costs

8

5

15

12

Compensation expense related to acquisitions

1

4

3

9

Gain on asset sale

—

(5

)

—

(5

)

Adjusted EBITDA

$

613

18.7

%

$

547

17.1

%

$

1,106

17.5

%

$

1,059

17.1

%

        Segment Adjusted EBITDA

(in millions)

Three Months Ended June 30, 2026

Engineered

Components

Intelligent

Systems

Total

Operating income

$

267

$

100

$

367

Restructuring

8

16

24

Separation costs

10

8

18

Other acquisition and portfolio project costs

3

5

8

Compensation expense related to acquisitions

—

1

1

Depreciation and amortization (a)

115

80

195

Adjusted EBITDA

$

403

$

210

$

613

Three Months Ended June 30, 2025

Engineered

Components

Intelligent

Systems

Total

Operating income

$

209

$

116

$

325

Restructuring

17

10

27

Separation costs

1

—

1

Other acquisition and portfolio project costs

1

4

5

Compensation expense related to acquisitions

—

4

4

Gain on business divestitures and other transactions

—

(5

)

(5

)

Depreciation and amortization (a)

115

75

190

Adjusted EBITDA

$

343

$

204

$

547

Six Months Ended June 30, 2026

Engineered

Components

Intelligent

Systems

Total

Operating income

$

468

$

173

$

641

Restructuring

12

28

40

Separation costs

13

10

23

Other acquisition and portfolio project costs

7

8

15

Compensation expense related to acquisitions

—

3

3

Depreciation and amortization (a)

229

155

384

Adjusted EBITDA

$

729

$

377

$

1,106

Six Months Ended June 30, 2025

Engineered

Components

Intelligent

Systems

Total

Operating income

$

403

$

211

$

614

Restructuring

33

16

49

Separation costs

1

—

1

Other acquisition and portfolio project costs

4

8

12

Compensation expense related to acquisitions

—

9

9

Gain on business divestitures and other transactions

—

(5

)

(5

)

Depreciation and amortization (a)

229

150

379

Adjusted EBITDA

$

670

$

389

$

1,059

    Adjusted Operating Income: Adjusted Operating Income is presented as a supplemental measure of the Company’s financial performance which management believes is useful to investors in assessing the Company’s ongoing financial performance that, when reconciled to the corresponding U.S. GAAP measure, provides improved comparability between periods through the exclusion of certain items that management believes are not indicative of the Company’s core operating performance and which may obscure underlying business results and trends. Our management utilizes Adjusted Operating Income in its financial decision making process, to evaluate performance of the Company and for internal reporting, planning and forecasting purposes. Management also utilizes Adjusted Operating Income as the key performance measure of segment income or loss and for planning and forecasting purposes to allocate resources to our segments, as management also believes this measure is most reflective of the operational profitability or loss of our operating segments. Adjusted Operating Income is defined as net income (loss) before interest expense, other income (expense), net, income tax (expense) benefit, equity income (loss), net of tax, income (loss) from discontinued operations, amortization, restructuring and other special items. Not all companies use identical calculations of Adjusted Operating Income, therefore this presentation may not be comparable to other similarly titled measures of other companies. Operating income margin represents Operating income as a percentage of net sales, and Adjusted Operating Income margin represents Adjusted Operating Income as a percentage of net sales.

Consolidated Adjusted Operating Income

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

($ in millions)

$

Margin

$

Margin

$

Margin

$

Margin

Net income attributable to Aptiv

$

248

7.6

%

$

393

12.3

%

$

437

6.9

%

$

382

6.2

%

(Loss) income from discontinued operations, net of tax

(50

)

128

10

257

Income from continuing operations

$

298

9.1

%

$

265

8.3

%

$

427

6.8

%

$

125

2.0

%

Interest expense

62

92

146

185

Other income, net

(58

)

(15

)

(55

)

(19

)

Net gain on equity method transactions

(3

)

(46

)

(3

)

(46

)

Income tax expense

52

16

94

342

Equity loss, net of tax

17

14

34

29

Net loss attributable to redeemable noncontrolling interest

(1

)

(1

)

(2

)

(2

)

Operating income

$

367

11.2

%

$

325

10.2

%

$

641

10.2

%

$

614

9.9

%

Amortization

52

52

104

103

Restructuring

24

27

40

49

Separation costs

18

1

23

1

Other acquisition and portfolio project costs

8

5

15

12

Asset impairments

3

1

3

6

Compensation expense related to acquisitions

1

4

3

9

Gain on asset sale

—

(5

)

—

(5

)

Adjusted operating income

$

473

14.4

%

$

410

12.8

%

$

829

13.1

%

$

789

12.8

%

    Segment Adjusted Operating Income

(in millions)

Three Months Ended June 30, 2026

Engineered

Components

Intelligent

Systems

Total

Operating income

$

267

$

100

$

367

Amortization

29

23

52

Restructuring

8

16

24

Separation costs

10

8

18

Other acquisition and portfolio project costs

3

5

8

Asset impairments

—

3

3

Compensation expense related to acquisitions

—

1

1

Adjusted operating income

$

317

$

156

$

473

Three Months Ended June 30, 2025

Engineered

Components

Intelligent

Systems

Total

Operating income

$

209

$

116

$

325

Amortization

30

22

52

Restructuring

17

10

27

Separation costs

1

—

1

Other acquisition and portfolio project costs

1

4

5

Asset impairments

1

—

1

Compensation expense related to acquisitions

—

4

4

Gain on asset sale

—

(5

)

(5

)

Adjusted operating income

$

259

$

151

$

410

Six Months Ended June 30, 2026

Engineered

Components

Intelligent

Systems

Total

Operating income

$

468

$

173

$

641

Amortization

59

45

104

Restructuring

12

28

40

Separation costs

13

10

23

Other acquisition and portfolio project costs

7

8

15

Asset impairments

—

3

3

Compensation expense related to acquisitions

—

3

3

Adjusted operating income

$

559

$

270

$

829

Six Months Ended June 30, 2025

Engineered

Components

Intelligent

Systems

Total

Operating income

$

403

$

211

$

614

Amortization

59

44

103

Restructuring

33

16

49

Separation costs

1

—

1

Other acquisition and portfolio project costs

4

8

12

Asset impairments

6

—

6

Compensation expense related to acquisitions

—

9

9

Gain on asset sale

—

(5

)

(5

)

Adjusted operating income

$

506

$

283

$

789

    Adjusted Net Income and Adjusted Net Income Per Share: Adjusted Net Income and Adjusted Net Income Per Share, which are non-GAAP measures, are presented as supplemental measures of the Company’s financial performance which management believes are useful to investors in assessing the Company’s ongoing financial performance that, when reconciled to the corresponding U.S. GAAP measure, provide improved comparability between periods through the exclusion of certain items that management believes are not indicative of the Company’s core operating performance and which may obscure underlying business results and trends. Management utilizes Adjusted Net Income and Adjusted Net Income Per Share in its financial decision making process, to evaluate performance of the Company and for internal reporting, planning and forecasting purposes. Adjusted Net Income is defined as net (loss) income attributable to Aptiv before income (loss) from discontinued operations, amortization, restructuring and other special items, including the tax impact thereon. Adjusted Net Income Per Share is defined as Adjusted Net Income divided by the Weighted Average Number of Diluted Shares Outstanding, for the period. Not all companies use identical calculations of Adjusted Net Income and Adjusted Net Income Per Share, therefore this presentation may not be comparable to other similarly titled measures of other companies.

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in millions, except per share amounts)

Net income attributable to Aptiv

$

248

$

393

$

437

$

382

(Loss) income from discontinued operations, net of tax

(50

)

128

10

257

Income from continuing operations

$

298

$

265

$

427

$

125

Adjusting items:

Amortization

52

52

104

103

Restructuring

24

27

40

49

Separation costs

18

1

23

1

Other acquisition and portfolio project costs

8

5

15

12

Asset impairments

3

1

3

6

Compensation expense related to acquisitions

1

4

3

9

Gain on asset sale

—

(5

)

—

(5

)

(Gain) loss on extinguishment of debt

(44

)

—

(39

)

3

Gain on change in fair value of publicly traded equity securities

—

(3

)

—

(1

)

Net gain on equity method transactions

(3

)

(46

)

(3

)

(46

)

Tax impact of intercompany transfers of intellectual property and other related transactions (a)

—

—

—

294

Tax impact of adjusting items (b)

(12

)

(16

)

(28

)

(33

)

Adjusted net income attributable to Aptiv

$

345

$

285

$

545

$

517

Weighted average number of diluted shares outstanding

212.10

218.11

212.53

224.32

Diluted net income per share attributable to Aptiv

$

1.40

$

1.21

$

2.01

$

0.55

Adjusted net income per share

$

1.63

$

1.31

$

2.56

$

2.30

    Free Cash Flow: Free Cash Flow is presented as a supplemental measure of the Company’s liquidity, which is consistent with the basis and manner in which management presents financial information for the purpose of making internal operating decisions, evaluating its liquidity and determining appropriate capital allocation strategies. Management believes this measure is useful to investors to understand how the Company’s core operating activities generate and use cash. Free Cash Flow is defined as cash provided by (used in) operating activities from continuing operations less capital expenditures. Not all companies use identical calculations of Free Cash Flow, therefore this presentation may not be comparable to other similarly titled measures of other companies. The calculation of Free Cash Flow does not reflect cash used to service debt, pay dividends or repurchase shares, and therefore, does not necessarily reflect funds available for investment or other discretionary uses.

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in millions)

Net cash provided by operating activities from continuing operations

$

137

$

326

$

82

$

531

Capital expenditures

(125

)

(107

)

(278

)

(267

)

Free cash flow

$

12

$

219

$

(196

)

$

264

    Financial Guidance: The reconciliation of the forward-looking non-GAAP financial measures provided in the Company’s financial guidance to the most comparable forward-looking GAAP measure for the third quarter and full year 2026 is as follows. This reflects Aptiv without the EDS business, which is presented as discontinued operations.

New Aptiv (Pro Forma)

Estimated Q3

Estimated Full Year

2026 (a)

2026 (a)

($ in millions)

Adjusted EBITDA

$

Margin (b)

$

Margin (b)

Net income from continuing operations attributable to Aptiv

$

190

6.0

%

$

880

6.9

%

Interest expense

60

245

Income tax expense

50

220

Net loss attributable to noncontrolling interest (c)

—

(5

)

Depreciation and amortization

195

775

EBITDA

$

495

15.6

%

$

2,115

16.7

%

Other income, net

(5

)

(60

)

Net gain on equity method transactions

—

(5

)

Equity loss, net of tax

20

70

Restructuring

30

95

Other acquisition and portfolio project costs, including costs related to the spin-off of the EDS business

20

70

Pro forma adjustment to continuing operations presentation (d)

—

55

Adjusted EBITDA

$

560

17.7

%

$

2,340

18.4

%

        New Aptiv (Pro Forma)

Estimated Q3

Estimated Full Year

2026 (a)

2026 (a)

Adjusted Net Income Per Share

($ and shares in millions,

except per share amounts)

Net income from continuing operations attributable to Aptiv

$

190

$

880

Adjusting items:

Amortization

50

210

Restructuring

30

95

Other acquisition and portfolio project costs, including costs related to the spin-off of the EDS business

20

70

Asset impairments

—

5

Net gain on equity method transactions

—

(5

)

Gain on extinguishment of debt

—

(45

)

Tax impact of adjusting items

(20

)

(60

)

Pro forma adjustment to continuing operations presentation (b)

—

55

Adjusted net income attributable to Aptiv

$

270

$

1,205

Weighted average number of diluted shares outstanding

208.00

211.50

Diluted net income per share attributable to Aptiv

$

0.91

$

4.16

Adjusted net income per share

$

1.30

$

5.70

    New Aptiv (Pro Forma)

Estimated Full Year

2026 (a)

Free Cash Flow

(in millions)

Net cash provided by operating activities from continuing operations

$

1,320

Capital expenditures

(600

)

Pro forma adjustment to continuing operations presentation (b)

(45

)

Free cash flow

$

675

Aptiv PLC (APTV - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this company have returned -1.4%, compared to the Zacks S&P 500 composite's -0.5% change. During this period, the Zacks Technology Services industry, which APTIV PLC falls in, has lost 11.7%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

APTIV PLC is expected to post earnings of $1.42 per share for the current quarter, representing a year-over-year change of -33%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.4%.

For the current fiscal year, the consensus earnings estimate of $5.93 points to a change of -24.2% from the prior year. Over the last 30 days, this estimate has changed -7.2%.

For the next fiscal year, the consensus earnings estimate of $7 indicates a change of +18% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has changed -0.3%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For APTIV PLC, the consensus sales estimate for the current quarter of $3.32 billion indicates a year-over-year change of -36.3%. For the current and next fiscal years, $12.94 billion and $13.94 billion estimates indicate -36.6% and +7.7% changes, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $5.09 billion in the last reported quarter, representing a year-over-year change of +5.4%. EPS of $1.71 for the same period compares with $1.69 a year ago.

Compared to the Zacks Consensus Estimate of $5.02 billion, the reported revenues represent a surprise of +1.27%. The EPS surprise was +5.56%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Wall Street expects a year-over-year decline in earnings on lower revenues when Aptiv PLC (APTV - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $1.42 per share in its upcoming report, which represents a year-over-year change of -33%.

Revenues are expected to be $3.32 billion, down 36.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.37% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for APTIV PLC?For APTIV PLC, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.81%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that APTIV PLC will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that APTIV PLC would post earnings of $1.62 per share when it actually produced earnings of $1.71, delivering a surprise of +5.56%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

APTIV PLC appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerTrane Technologies (TT - Free Report) , another stock in the Zacks Technology Services industry, is expected to report earnings per share of $4.27 for the quarter ended June 2026. This estimate points to a year-over-year change of +10.1%. Revenues for the quarter are expected to be $6.18 billion, up 7.5% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Trane Technologies has been revised 1.1% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.64%, reflecting a higher Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Trane Technologies will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Posted by Defense World Staff on Jul 22nd, 2026

California Public Employees Retirement System lifted its holdings in shares of Aptiv PLC (NYSE:APTV – Free Report) by 11.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 478,577 shares of the auto parts company’s stock after buying an additional 49,080 shares during the period. California Public Employees Retirement System owned about 0.22% of Aptiv worth $33,232,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Larson Financial Group LLC grew its holdings in Aptiv by 240.0% during the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 252 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in Aptiv in the fourth quarter valued at $33,000. DV Equities LLC purchased a new stake in shares of Aptiv during the 4th quarter worth $33,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in shares of Aptiv by 60.0% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 480 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 180 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Aptiv In other news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the sale, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on the stock. Piper Sandler cut their price target on shares of Aptiv from $106.00 to $94.00 and set an “overweight” rating for the company in a report on Monday, June 8th. Evercore decreased their price objective on shares of Aptiv from $100.00 to $80.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Robert W. Baird lowered their target price on shares of Aptiv from $105.00 to $74.00 and set an “outperform” rating on the stock in a research report on Thursday, April 2nd. JPMorgan Chase & Co. dropped their target price on shares of Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a report on Friday, July 10th. Finally, Wall Street Zen downgraded shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Twenty-two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

Get Our Latest Research Report on APTV

Aptiv Trading Up 0.9% NYSE:APTV opened at $57.81 on Wednesday. Aptiv PLC has a 52-week low of $51.68 and a 52-week high of $88.93. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $61.70 and a 200-day simple moving average of $68.18. The company has a market capitalization of $12.23 billion, a PE ratio of 34.21, a price-to-earnings-growth ratio of 1.07 and a beta of 1.46.

Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same period in the prior year, the company earned $1.69 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. On average, equities research analysts expect that Aptiv PLC will post 5.93 earnings per share for the current fiscal year.

About Aptiv (Free Report)

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.

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Aptiv PLC (APTV - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this company have returned -9.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Technology Services industry, to which APTIV PLC belongs, has lost 5.7% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

APTIV PLC is expected to post earnings of $1.42 per share for the current quarter, representing a year-over-year change of -33%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.2%.

The consensus earnings estimate of $5.93 for the current fiscal year indicates a year-over-year change of -24.2%. This estimate has changed -6.9% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $7 indicates a change of +18% from what APTIV PLC is expected to report a year ago. Over the past month, the estimate has changed -0.1%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, APTIV PLC is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of APTIV PLC, the consensus sales estimate of $3.32 billion for the current quarter points to a year-over-year change of -36.3%. The $12.94 billion and $13.94 billion estimates for the current and next fiscal years indicate changes of -36.6% and +7.7%, respectively.

Last Reported Results and Surprise HistoryAPTIV PLC reported revenues of $5.09 billion in the last reported quarter, representing a year-over-year change of +5.4%. EPS of $1.71 for the same period compares with $1.69 a year ago.

Compared to the Zacks Consensus Estimate of $5.02 billion, the reported revenues represent a surprise of +1.27%. The EPS surprise was +5.56%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

APTIV PLC is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about APTIV PLC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

In the latest trading session, Aptiv PLC (APTV - Free Report) closed at $58.96, marking a +1.55% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.

The company's shares have seen a decrease of 11.6% over the last month, not keeping up with the Business Services sector's gain of 3.36% and the S&P 500's gain of 1.61%.

Investors will be eagerly watching for the performance of Aptiv PLC in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. On that day, Aptiv PLC is projected to report earnings of $1.42 per share, which would represent a year-over-year decline of 33.02%. Simultaneously, our latest consensus estimate expects the revenue to be $3.32 billion, showing a 36.26% drop compared to the year-ago quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.93 per share and a revenue of $12.94 billion, signifying shifts of -24.17% and -36.55%, respectively, from the last year.

Any recent changes to analyst estimates for Aptiv PLC should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 6.94% lower. Currently, Aptiv PLC is carrying a Zacks Rank of #4 (Sell).

From a valuation perspective, Aptiv PLC is currently exchanging hands at a Forward P/E ratio of 9.79. This expresses a discount compared to the average Forward P/E of 16.69 of its industry.

We can additionally observe that APTV currently boasts a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Technology Services industry currently had an average PEG ratio of 1.49 as of yesterday's close.

The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 42% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.