BorgWarner Inc. ($BWA) Stock Forecast: Down 4.4% Today

What is BorgWarner Inc.?

BorgWarner (BWA) is a global leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles. The company has been focusing on innovation and sustainability in the automotive industry.

Why is BorgWarner Inc. going down?

BWA stock is down 4.4% on Oct 31, 2024 14:43

• The strong bearish movement in BWA stock today could be attributed to profit-taking by investors after the stock surpassed Q3 earnings estimates.
• Despite the positive earnings surprise and potential for beating estimates in the next report, market sentiment might have shifted due to concerns about future growth prospects or macroeconomic factors impacting the automotive sector.
• Investors may have reacted to the earnings news by taking a cautious approach, leading to the downward pressure on BWA stock despite the positive financial performance.

BWA Price Chart

BWA Technical Analysis

BWA News

BorgWarner ( BWA ) Surpasses Q3 Earnings Estimates

BorgWarner (BWA) delivered earnings and revenue surprises of 18.48% and 2.40%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2361436/borgwarner-bwa-surpasses-q3-earnings-estimates

Will BorgWarner ( BWA ) Beat Estimates Again in Its Next Earnings Report?

BorgWarner (BWA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

https://www.zacks.com/stock/news/2359846/will-borgwarner-bwa-beat-estimates-again-in-its-next-earnings-report

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BorgWarner Inc. Price History

19.06.2024 - BWA Stock was down 6.5%

• The bearish movement in BWA could be attributed to profit-taking by investors after a period of strong gains.
• A comparison with Gentex (GNTX) might have influenced market sentiment, leading to a shift in investment focus away from BorgWarner.
• Investors may have chosen to reallocate their funds based on the assessment that Gentex could offer better value, impacting BWA's stock performance.
• The overall market sentiment towards automotive stocks could have also played a role in the bearish movement of BorgWarner today.

31.09.2024 - BWA Stock was down 4.4%

• The strong bearish movement in BWA stock today could be attributed to profit-taking by investors after the stock surpassed Q3 earnings estimates.
• Despite the positive earnings surprise and potential for beating estimates in the next report, market sentiment might have shifted due to concerns about future growth prospects or macroeconomic factors impacting the automotive sector.
• Investors may have reacted to the earnings news by taking a cautious approach, leading to the downward pressure on BWA stock despite the positive financial performance.

09.01.2024 - BWA Stock was down 7.0%

• BorgWarner's strong bearish movement today could be attributed to their Q4 earnings missing estimates, indicating potential financial challenges.
• The lower-than-expected adjusted earnings per share and quarterly revenues could have disappointed investors, leading to a sell-off of the stock.
• The squeeze on profit margins in their EV business might have also contributed to the negative market sentiment surrounding BorgWarner today.

09.01.2024 - BWA Stock was down 7.0%

• BorgWarner reported fourth-quarter results that missed estimates, with lower-than-expected earnings per share and revenues. This could have contributed to the bearish movement in the stock.
• The company's EV business is squeezing profit margins, which might have raised concerns among investors.
• Despite the earnings miss, BorgWarner expects growth in its eProduct sales in the coming years, which could potentially be a positive factor for the stock.
• Overall, the bearish movement in BWA's stock could be attributed to the disappointing earnings results and concerns about profit margins in the EV business.

09.01.2024 - BWA Stock was down 7.0%

• Bearish movement in BWA stock today
• BorgWarner secures rights to produce LFP battery packs, indicating a focus on expanding their presence in the electric vehicle market.
• BorgWarner begins eMotor production for XPeng's X9 MPV, showcasing their involvement in the production of electric vehicle components.
• Earnings call reveals BorgWarner reached $14 billion in revenue in Q4, highlighting strong financial performance.
• BorgWarner's EV business squeezes profit margins, suggesting potential challenges in the electric vehicle market impacting the stock's performance.

08.01.2024 - BWA Stock was down 7.0%

• BorgWarner's EV business is putting pressure on its profit margins, which could be a contributing factor to the bearish movement.
• The company reported lower-than-expected earnings per share and quarterly revenues, which may have disappointed investors and led to the bearish market movement.
• Despite the disappointing results, BorgWarner expects growth in its eProduct sales in the coming years, which could potentially help reverse the bearish trend.
• The stock also fell due to disappointing free cash flow guidance and a Q4 miss, further impacting investor sentiment.

02.10.2023 - BWA Stock was down 10.6%

• BorgWarner cut its full-year revenue forecast due to weakening Chinese yuan, which suggests a potential impact on its international business and profitability.
• Despite a decrease in profit compared to the same period last year, BorgWarner managed to beat street estimates, indicating a relatively positive performance.
• The company's Q3 earnings beat expectations in terms of non-GAAP EPS, but missed revenue estimates, which could have contributed to the bearish market movement.
• Investors were eagerly awaiting BorgWarner's latest quarterly earnings report, with analysts estimating an EPS of $0.94. The market may have reacted negatively if the company failed to meet these expectations or provide positive guidance for future growth.

08.01.2024 - BWA Stock was down 6.9%

• BorgWarner shares are trading lower today after reporting fourth-quarter results that missed earnings per share and revenue estimates. This disappointing financial performance could be a key factor behind the bearish movement.
• Additionally, the stock fell on disappointing free cash flow guidance and a Q4 miss, as mentioned in an article.
• On a positive note, BorgWarner announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Ltd. This could potentially contribute to future growth and increase the company's presence in the electric vehicle market.
• Furthermore, BorgWarner secured a major contract for EV parts, indicating its continued focus on expanding its presence in the electric vehicle sector. However, this positive news does not seem to have offset the negative impact of the disappointing financial results.

08.01.2024 - BWA Stock was down 7.5%

• BorgWarner (BWA) reported lower-than-expected Q4 earnings and revenues, leading to a bearish movement in the stock.
• The company's adjusted earnings per share of 90 cents missed the estimate of 94 cents, and quarterly revenues of $3.52 billion fell short of the street view of $3.65 billion.
• Additionally, the disappointing guidance for free cash flow and the miss in Q4 results contributed to the negative market sentiment.
• The strategic relationship agreement with FinDreams Battery could be seen as a positive development, but it did not have a significant impact on the overall market movement.

09.01.2024 - BWA Stock was down 7.0%

• The bearish movement in BWA today could be attributed to the following factors:
• 1. Quarterly Cash Dividend Distribution: The announcement of a cash dividend distribution might have raised concerns among investors about the company's financial health, leading to a bearish sentiment.
• 2. Strategic Relationship for Battery Production: BorgWarner securing rights to produce LFP battery packs for commercial vehicles could have been perceived as a risky move by investors, potentially impacting the stock negatively.
• 3. Earnings Call: Despite reaching $14 billion in revenue in Q4, the lack of a summary available for the earnings call might have left investors uncertain about the company's future prospects, contributing to the bearish market movement.
• Please note that the provided assessment is based on the given articles and may not encompass all factors influencing the market movement.

01.07.2024 - BWA Stock was down 5.7%

• BorgWarner (BWA) witnessed a decrease in its stock value today despite announcing mixed second-quarter results.
• The recent prisoner exchange involving U.S. Marine Corps veteran Paul Whelan and a Wall Street Journal reporter may have diverted focus from the company's favorable earnings announcement.
• While BorgWarner exceeded earnings per share forecasts, a drop in sales and falling short of revenue projections likely influenced the stock's downward trajectory.
• The stock's negative movement may be linked to the company's revised full-year 2024 net sales outlook, which was lower than anticipated, resulting in a pessimistic investor sentiment.

01.07.2024 - BWA Stock was down 5.0%

• Despite surpassing earnings projections with a robust GAAP EPS of $1.39, BorgWarner fell short of revenue expectations at $3.60 billion, prompting a downward trend in its stock.
• The company's stock experienced a decline, possibly due to disappointment over the revenue miss, overshadowing the positive news of exceeding EPS forecasts.
• Investors' response may have been negative to BorgWarner's downward revision of its full-year 2024 net sales guidance, raising concerns about future performance and growth prospects.
• Market sentiments, highlighted by a surge in technology stocks and futures before the Fed's decision, likely influenced BorgWarner's stock decline today, amidst a backdrop of varied corporate earnings revelations.