Visteon (VC, Financial), a leader in automotive technology solutions, has announced a strategic collaboration with TuneIn to enhance its in-vehicle entertainment offerings. This partnership aims to integrate TuneIn’s extensive collection of global radio stations and podcasts into Visteon’s automotive app library, providing car users with a broader range of audio content.
The initial phase of this integration will see TuneIn available in select regions, with plans to expand its presence to additional vehicles and countries in the near future. This move signals Visteon’s commitment to improving the entertainment experience for drivers across India and the Asia Pacific (APAC) region.
The integration with TuneIn is set to offer a richer and more varied audio experience, potentially transforming how drivers access entertainment while on the road. This partnership is expected to roll out gradually, beginning with a targeted introduction and eventually reaching a wider audience as the collaboration develops.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Visteon Corp (VC, Financial) is $100.25 with a high estimate of $125.00 and a low estimate of $74.00. The average target implies an upside of 43.65% from the current price of $69.79. More detailed estimate data can be found on the Visteon Corp (VC) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Visteon Corp's (VC, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Visteon Corp (VC, Financial) in one year is $133.18, suggesting a upside of 90.83% from the current price of $69.79. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Visteon Corp (VC) Summary page.
