5 Best Electric Vehicle Supply Chain Stocks to Invest In

Page 1 of 5

In this article, we will list the 5 Best Electric Vehicle Supply Chain Stocks to Invest In. Please visit 10 Best Electric Vehicle Supply Chain Stocks to Invest In if you would like to see the extended list and the methodology behind it.

Bank of America Raises Analog Devices (ADI) PT to $425 on Strong Margins and Pricing Power

5. BorgWarner Inc. (NYSE:BWA)

On May 7, 2026, TD Cowen analyst Itay Michaeli raised the firm’s price target on BorgWarner Inc. (NYSE:BWA) to $67 from $66 while maintaining a Hold rating on the shares. The firm said its updated model following Q1 results left it more constructive on the company’s outlook as earnings resilience, new automotive wins, and expansion into non-automotive products improve the setup for 2027, with revenue expected to inflect higher across both auto and non-auto markets.

Meanwhile, Barclays raised the firm’s price target on BorgWarner Inc. (NYSE:BWA) to $75 from $70 previously and maintained an Overweight rating on the shares.

On May 6, 2026, BorgWarner Inc. (NYSE:BWA) reported Q1 adjusted EPS of $1.24, versus the consensus estimate of $1.17. Revenue totaled $3.53B, versus the consensus estimate of $3.5B. The company said it continues expanding its data center and industrial portfolio, which now includes battery energy storage systems and bi-directional microgrid inverters. BorgWarner also said its planned turbine generator system launch for 2027 remains on schedule, with B-samples already delivered to customers.

BorgWarner Inc. (NYSE:BWA) reaffirmed its FY26 adjusted EPS outlook of $5.00-$5.20, versus the consensus estimate of $5.16, and maintained its FY26 revenue outlook of $14B-$14.3B, versus the consensus estimate of $14.18B. The company said it expects another year of adjusted operating margin improvement and EPS growth despite expectations for weighted light vehicle markets to range from down 3% to approximately flat in 2026, alongside lower Battery Energy Systems segment sales. BorgWarner added that expected foreign currency benefits, primarily from a stronger euro and Chinese renminbi, should contribute approximately $200M in additional sales year over year.

BorgWarner Inc. (NYSE:BWA) provides technology solutions for combustion, hybrid, and electric vehicles worldwide.

Page 1 of 5