Citi Sees Upside in Lear Corporation (LEA) Despite Cyclical Auto Headwinds

We recently compiled a list of the 10 Cheap Stocks With Strong Buy Ratings on Wall Street. Lear Corporation is among the cheap stocks to buy.

TheFly reported on December 15 that Citigroup maintained its Buy rating on LEA and raised the price target to $146 from $136, reflecting confidence in the company’s long‑term prospects amid a challenging auto supply cycle. Citigroup’s bullish stance is among the highest Wall Street targets for LEA, even as the broader consensus remains tempered.

Lear Corporation (NYSE:LEA) reported third‑quarter 2025 results with adjusted EPS of $2.79 on $5.7  billion in revenue, modestly above some expectations, while generating $444 million in operating cash flow and $307 million in free cash flow. The business also repurchased about $100 million of shares during the quarter under its ongoing repurchase program. LEA’s total liquidity stood near $3.0 billion at quarter’s end, supporting capital returns and operational flexibility.

Citi Sees Upside in Lear Corporation (LEA) Despite Cyclical Auto Headwinds

10 stocks receiving a massive vote of approval from Wall Street analysts

Separately, Morgan Stanley downgraded LEA from Overweight to Equal‑Weight with a $112 target on December 8, reflecting caution around auto production cyclicality and demand variability.

Lear Corporation (NYSE:LEA) is a leading global automotive technology company that designs, engineers, manufactures, and supplies advanced seating and electrical systems to original equipment manufacturers (OEMs) worldwide.

While we acknowledge the risk and potential of LEA 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 LEA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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