BorgWarner exceeded Q3 profit expectations due to strong turbocharger demand. The company's performance indicates resilience and growth potential in the auto parts sector.
Goldman Sachs upgraded BWA from Neutral to Buy with a $34 target. BWA has lower U.S. imports, reducing tariff risks. Company's strong position in China aids better performance. Upcoming product launches expected to strengthen market presence. Restructuring efforts may lead eProduct division toward profitability.
BorgWarner projects 2025 revenue below Wall Street's expectations due to lower auto production. Stronger U.S. dollar expected to further pressure profits for BorgWarner.