The auto supplier forecasts 2026 revenue amid China market weakness but targets expansion in robotics and drones.
Aptiv PLC set a 2026 revenue target of $12.6 billion to $12.8 billion, reflecting cautious optimism despite challenges in its traditional automotive segment. The company cited 2% revenue growth and a 10-basis-point EBITDA margin expansion in Q2 2026 but warned of near-term pressures in China and broader auto markets.
Management highlighted a $300 million revenue opportunity in robotics and drones, signaling a strategic shift toward higher-growth areas. The outlook contrasts with recent softness in core automotive demand, which has weighed on performance.
Shares showed muted reaction as investors weighed the long-term growth targets against persistent macroeconomic headwinds in key markets.