December 7, 2022
This morning, Motional, which is Aptiv’s (APTV; $97.79; E/W) joint venture with Hyundai Motor Group (005380.KR; W163,000; NR) announced the launch of its previously disclosed Automated Mobility on Demand (AMoD) service on Uber Technologies’ (UBER;…
November 4, 2022
We raise 2022E EPS for Aptiv (APTV; $91.62; E/W) from $3.05 to $3.50 while sticking with 2023E EPS at $4.80 after global vehicle production trends in Q3 pulled forward some of its full year shipment…
November 3, 2022
Aptiv (APTV; $88.00; E/W) reported adjusted Q3 EPS of $1.28, which was well ahead of the Street’s $0.98 and our much more conservative $0.82 on a healthy sales beat ($4,614mm vs. the Street’s $4,331mm and…
October 31, 2022
We think Aptiv’s (APTV; $91.07; E/W) 2022E guidance is on solid ground ahead of Q3 results and outlook on Thursday (11/3 before market). Recall, APTV targeted 2022E sales, operating margin, and EPS of $17.0-17.3B, 9.0-9.7%…