Aptiv PLC (APTV), headquartered in Schaffhausen, Switzerland, designs, manufactures and sells vehicle components. Valued at $11.7 billion by market capitalization, the company helps automotive OEMs create vehicles with advanced safety features, electrified architectures and intelligent connectivity.
Shares of this leading global technology company have underperformed the broader market over the past year. APTV is down 3% over this period, while the broader S&P 500 index ($SPX) is up nearly 28.5%. In 2026, APTV shares are down 25.8%, compared to the SPX’s gains of 6% on a year-over-year basis.
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To narrow the focus, APTV’s underperformance is also evident in comparison to the Global X Electric and Autonomous Vehicle ETF (DRIV). The exchange-traded fund has gained about 84.4% over the past year. Furthermore, the ETF’s 31.8% year-to-date returns dwarf the stock’s losses over the same time period.
On May 5, APTV stock closed down 7.9% after reporting its first-quarter results. Its net sales amounted to $5.1 billion, a year-on-year increase of 5.4%. The company’s adjusted EPS increased 1.2% year over year to $1.71.
For the current fiscal year, which ends in December, analysts expect APTV’s earnings per share to decline 24.6% to $5.90 on a diluted basis. The company’s track record of earnings surprises is impressive. It beat the consensus estimate in each of the last four quarters.
Among the 23 analysts covering APTV stock, the consensus is a “strong buy.” This is based on 19 “Strong Buy” ratings, one “Moderate Buy”, two “Holds” and one “Strong Sell” ratings.
This setup is less bullish than a month ago, with 18 analysts suggesting a “strong buy.”
On April 27, Deutsche Bank Aktiengesellschaft (DB) analyst Edison Yu maintained a “Buy” rating on APTV, but lowered the price target to $84, implying a potential upside of 49.1% from current levels.
The average price target of $88.55 represents a 57.2% premium to APTV’s current price levels. The Street’s high price target of $110 suggests an ambitious 95.2% upside potential.
On the date of publication, Neha Panjwani had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com