Aptiv PLC ($APTV) Stock Forecast: Down 17.8% Today

What is Aptiv PLC?

Aptiv PLC (APTV) Market: Aptiv PLC (APTV) is a global technology company that develops safer, greener, and more connected solutions that enable the future of mobility. The overall market sentiment for APTV today was bearish.

Why is Aptiv PLC going down?

APTV stock is down 17.8% on Oct 31, 2024 17:16

• Aptiv's Q3 revenue fell short of estimates, leading to a bearish movement in the stock.
• Despite reporting adjusted earnings per share that beat analyst consensus, the revenue miss likely disappointed investors.
• The anticipation of increased earnings and revenues for Q3 did not materialize, causing shares to slide.
• Investors might be concerned about the company's ability to meet future growth expectations, leading to the bearish market movement.

APTV Price Chart

APTV Technical Analysis

APTV News

Aptiv's Q3 Revenue Falls Short Of Estimates, Shares Slide - Aptiv ( NYSE:APTV )

Aptiv PLC APTV announced its third-quarter earnings results before the market opened on Thursday. Here's what you need to know. The Details: Aptiv reported adjusted earnings per share of $1.83, which beat the analyst consensus of $1.68 by 8.93%.

https://www.benzinga.com/news/earnings/24/10/41657841/aptivs-q3-revenue-falls-short-of-estimates-shares-slide

Aptiv Gears Up to Report Q3 Earnings: What's in the Offing?

APTV's third-quarter 2024 earnings and revenues are likely to increase year over year.

https://www.zacks.com/stock/news/2358073/aptiv-gears-up-to-report-q3-earnings-whats-in-the-offing

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Aptiv PLC Price History

10.08.2024 - APTV Stock was down 5.1%

• Recent acquisitions have positively impacted cost synergies for APTV; however, increased costs have affected the stock performance, resulting in a bearish movement.
• Concerns around the sustainability of cost efficiency measures may have contributed to selling pressure on APTV shares.
• Market perception suggests that the benefits from the acquisitions may not fully offset rising costs, leading to a bearish trend in APTV's stock price.

24.09.2024 - APTV Stock was up 0.2%

• Aptiv PLC showed resilience in its bullish trend, surpassing the broader market performance despite a slight drop in stock price.
• The minor decline in Aptiv PLC's stock price could be linked to investors seizing profits following a period of notable growth.
• The bullish movement of Aptiv PLC is potentially influenced by positive developments like robust financial results, product launches, or strategic collaborations.
• Investor sentiment towards Aptiv PLC appears positive, driving the market's upward movement amidst the short-lived stock price decrease.

31.09.2024 - APTV Stock was down 16.4%

• Despite positive expectations for Q3 earnings and revenue growth, APTV experienced a strong bearish movement today.
• The market may have reacted negatively to unexpected challenges or lower guidance for the future.
• Investors might have been disappointed by other factors such as increased expenses or macroeconomic concerns impacting the stock price.
• It's possible that profit-taking or a broader market correction influenced the bearish movement in APTV's stock today.

19.06.2024 - APTV Stock was down 7.0%

• APTV stock had a strong bearish movement today, closing at $71.68, representing a -1.01% change from the previous close.
• The focus on autonomous trucking technology and the struggles faced by some companies in this sector might have raised concerns about Aptiv's involvement in this space, leading to the bearish movement.
• Despite the overall positive sentiment towards automotive innovation and profitability, uncertainties surrounding technological and regulatory hurdles in autonomous driving could have impacted APTV's performance negatively.
• The contrasting news of APTV rising higher than the market in a previous trading session at $72.72 might indicate volatility in the stock, influenced by market sentiments and industry developments.

26.05.2024 - APTV Stock was down 7.4%

• APTV closed at $76.09, marking a -1.17% shift from the previous trading day, despite outperforming the S&P 500.
• The stock's recent upgrade to a Zacks Rank #1 (Strong Buy) was based on an upward trend in earnings estimates, indicating positive sentiment towards its earnings outlook.
• The bearish movement in APTV could be attributed to profit-taking by investors following a period of strong performance, despite the positive long-term outlook for the company.
• Market declines may have also contributed to the bearish movement in APTV, as broader market sentiment can impact individual stock movements.

26.05.2024 - APTV Stock was down 10.1%

• Despite being recently upgraded to a Strong Buy, Aptiv experienced a bearish movement possibly due to concerns raised by regarding the joint venture between Rivian and Volkswagen, signaling a red flag in the industry.
• Aptiv's outperformance compared to the S&P 500 and the Dow in a declining market could indicate resilience, but the overall negative market sentiment might have overshadowed this positive performance.
• The Zacks rating upgrade to a Strong Buy was driven by positive earnings outlook, but market dynamics and external factors seem to have influenced the bearish movement today.
• Investors may have reacted to the news of the Rivian-Volkswagen deal and its potential impact on Aptiv's competitive position, leading to a sell-off despite the positive earnings forecast.

31.09.2024 - APTV Stock was down 17.8%

• Aptiv's Q3 revenue fell short of estimates, leading to a bearish movement in the stock.
• Despite reporting adjusted earnings per share that beat analyst consensus, the revenue miss likely disappointed investors.
• The anticipation of increased earnings and revenues for Q3 did not materialize, causing shares to slide.
• Investors might be concerned about the company's ability to meet future growth expectations, leading to the bearish market movement.

27.05.2024 - APTV Stock was up 5.1%

• Today, Aptiv (APTV) experienced a strong bullish movement despite negative external factors impacting the electric vehicle sector. Here's a witty assessment of the market movement:
• Despite concerns raised by analysts about potential competition in the EV sector, Aptiv managed to outperform the market and close with a positive gain.
• The upgrade to a Zacks Rank #1 (Strong Buy) reflects optimism surrounding Aptiv's earnings outlook, indicating potential buying pressure and a rise in stock price.
• Investors seem to be focusing more on the company's individual performance and growth prospects rather than short-term industry developments, leading to a bullish market movement for Aptiv.

27.05.2024 - APTV Stock was up 5.1%

• Aptiv (APTV) stock had a strong bullish movement today, closing at $76.09, up +1.17% from the previous trading session.
• The bullish trend could be attributed to the stock being technically oversold, indicating a potential turnaround as selling pressure exhausts.
• The failed merger and withdrawal of a public offering by Assure (IONM) led to heavy trading of IONM stock, which might have redirected investor focus towards Aptiv.
• The announcement of a joint venture between Rivian and Volkswagen in the EV sector negatively impacted Aptiv, as analysts believe companies may start to develop their own electrical architecture, potentially slowing Aptiv's growth.

01.07.2024 - APTV Stock was down 9.5%

• Despite reporting record quarterly operating earnings and earnings per share, Aptiv's stock price may have been impacted by the decrease in revenue of 3% in the second quarter.
• The announcement of a new $5.0 billion share repurchase authorization and $3.0 billion accelerated share repurchase program could have influenced investor sentiment, leading to profit-taking and a bearish trend.
• The uncertainty surrounding the broader market conditions and potential concerns about the company's future growth prospects might have contributed to the negative market movement.
• The appointment of a new CEO at a significant player in the aerospace industry could have also influenced market dynamics, indirectly affecting investor sentiment towards Aptiv and contributing to the bearish trend.

01.07.2024 - APTV Stock was down 5.4%

• The bearish movement in APTV's stock today could be attributed to several factors:
• Despite reporting record quarterly operating earnings and earnings per share, APTV's revenue decreased by 3%, which may have disappointed investors.
• The news of Boeing appointing a new CEO, Robert Kelly Ortberg, amidst significant turbulence in the company, could have shifted investor focus away from APTV, impacting its stock negatively.
• The uncertainty surrounding Boeing's leadership change and the challenges the company is facing might have created a ripple effect in the market, leading to a bearish sentiment overall.
• The market may be reacting to the broader implications of APTV's performance in the context of the evolving competitive landscape in the technology and mobility sectors, contributing to the bearish movement.

02.07.2024 - APTV Stock was down 5.4%

• Despite Aptiv reporting better-than-expected second-quarter adjusted EPS results, the stock saw a bearish movement, possibly due to the miss in revenue estimates.
• The decline in second-quarter revenues year over year could have contributed to the negative market sentiment towards Aptiv.
• The announcement of a new $5.0 billion share repurchase authorization and $3.0 billion accelerated share repurchase program might not have been enough to offset the concerns about revenue decline.
• Investors may have focused more on the revenue miss rather than the record quarterly operating earnings and earnings per share, leading to the bearish movement in Aptiv's stock.