BorgWarner Inc. (NYSE:BWA) is among the 10 Best EV Stocks to Invest In According to Hedge Funds.
On June 12, BofA analyst Alexander Perry raised BorgWarner Inc. (NYSE:BWA)’s price target to $78 from $65. The firm maintained a “Neutral” rating on the shares. It told investors the company has a “significant” near-term opportunity linked to AI-driven data center demand. The firm said BorgWarner’s TurboCell product could help it capitalize as automakers and suppliers expand into non-auto end markets.
On June 10, UBS upgraded BorgWarner Inc. (NYSE:BWA) to Buy from Neutral and lifted its price target to $95 from $61. The analyst noted that the firm is the auto supplier “best positioned” to benefit from non-auto opportunities. UBS added that it expects 23% of revenue and 30% of EBIT from non-auto segments by 2030, driving 19% annual earnings growth from 2027 to 2030.
Photo by Obi Onyeador on Unsplash
The corporation maintained its 2026 outlook, expecting $14.0 billion to $14.3 billion in net sales while projecting adjusted EPS between $5.00 and $5.20 and operating cash flow to $1.7 billion.
BorgWarner Inc. (NYSE:BWA) provides technology solutions for combustion, hybrid, and electric vehicles. It operates through the Turbos and Thermal Technologies, Drivetrain and Morse Systems, PowerDrive Systems, and Battery and Charging Systems segments.
While we acknowledge the risk and potential of BWA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BWA and that has 10,000% upside potential, check out our report about the cheapest AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
