Stock of the Day

October 18, 2021

BorgWarner (BWA)

$62.44
-$0.33 (-0.5%)
Market Cap: $12.88B

About BorgWarner

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging. The company provides power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products. It sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles, such as agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. The company was formerly known as Borg-Warner Automotive, Inc. BorgWarner Inc. was incorporated in 1987 and is headquartered in Auburn Hills, Michigan.

Today's Trend

BorgWarner Inc. (NYSE: BWA) is getting a lift from a cluster of upbeat catalysts, led by multiple analyst estimate increases and a key leadership appointment. The stock has been moving higher as investors respond to improving earnings expectations and signs of continued technology leadership in the auto supplier’s electrification strategy.

  • Zacks Research raised BorgWarner’s earnings estimates across several periods, including FY2026, FY2027, and FY2028, signaling confidence in the company’s profit outlook and supporting the stock’s recent strength.
  • The most notable estimate increases were for FY2026 EPS to $5.15, FY2027 EPS to $5.68, and FY2028 EPS to $6.00, with quarterly forecasts for 2026 and 2027 also nudged higher, which can boost investor sentiment on future growth. BorgWarner estimate updates
  • BorgWarner also announced Stefan Demmerle as Vice President in a key technology role, a move that may reinforce execution in product development and long-term innovation. BorgWarner names Stefan Demmerle

Investor takeaway: For BorgWarner (BWA), the recent rally appears to be driven mainly by improved earnings forecasts and a positive management/technology update, both of which suggest stronger fundamentals ahead.

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