5 Best EV Stocks to Buy For Long Term Investment

3. BorgWarner Inc. (NYSE:BWA)

On April 14, 2026, UBS raised its price target on BorgWarner Inc. (NYSE:BWA) to $56 from $55 and maintained a Neutral rating. The firm said valuations have become more reasonable after turning cautious following Q4 results and 2026 guidance, though it remains uncertain whether any structural improvement has occurred. UBS noted that while demand concerns and potential production cuts could weigh on sentiment and near-term margins may face pressure from inflation, expectations have already reset lower, suggesting that even modest downside revisions or reiterated guidance could be received positively by investors.

On March 30, 2026, Wells Fargo lowered its price target on BorgWarner to $68 from $75 and kept an Overweight rating. The firm said Q1 trends appear largely in line with expectations, but flagged a more cautious outlook for the full year, citing weaker China light vehicle production, downside risks tied to the Iran conflict, and reduced FX tailwinds due to a stronger U.S. dollar.

Meanwhile, Wolfe Research upgraded BorgWarner to Outperform from Peer Perform with a $68 price target. The firm acknowledged investor skepticism but pointed to potential upside from the company’s Power Generation segment, citing competitive specifications, favorable supply-demand dynamics, and a “compelling TCO” profile. Under conservative assumptions, Wolfe estimates the segment could scale to approximately $2B in revenue and contribute about $23 per share in value.

BorgWarner Inc. (NYSE:BWA) provides propulsion and mobility solutions for combustion, hybrid, and electric vehicles globally.