Oppenheimer lifts Aptiv PT, sees upside from EDS spinoff

Aptiv

11/09/2025 12:40

** Oppenheimer raises auto parts supplier Aptiv APTV.N PT to $92 from $88, a 12.7% upside from the stock's last close

** Reiterates co's rating at "outperform"

** Brokerage expects planned electrical distribution systems division (EDS) spinoff to unlock value, boosting growth and margins for remaining business, as co shifts toward a diversified industrial AI platform amid resilient global auto sales

     ** Adds, with U.S. tariffs proving less disruptive than anticipated, and industry analysts like S&P projecting a 0.8% increase in light-duty vehicle production for 2025, the outlook for the sector appears optimistic

** Oppenheimer lifts 2025 EPS forecast to $7.46 from $7.45

** 14 of 21 brokerages rate the stock "buy" or higher, 5 "hold" and 2 "sell"; their median PT is $85 - data compiled by LSEG

** As of last close, stock had risen 34.9% YTD

(Reporting by Apratim Sarkar)