Guggenheim has revised its price target for BorgWarner (BWA, Financial) shares, reducing it from $38 to $33. Despite this adjustment, the firm continues to maintain a Buy rating on the stock. This update comes as part of Guggenheim's broader review of its coverage on auto suppliers and dealers, ahead of BorgWarner's first-quarter results.
The firm has been proactively adjusting its estimates, significantly lowering them in response to tariff concerns, as outlined by the analyst. This revision reflects a cautious approach while still recognizing potential upside in BorgWarner's market performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for BorgWarner Inc (BWA, Financial) is $35.74 with a high estimate of $40.00 and a low estimate of $29.00. The average target implies an upside of 36.10% from the current price of $26.26. More detailed estimate data can be found on the BorgWarner Inc (BWA) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, BorgWarner Inc's (BWA, 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 BorgWarner Inc (BWA, Financial) in one year is $41.24, suggesting a upside of 57.04% from the current price of $26.26. 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 BorgWarner Inc (BWA) Summary page.