Adient beats Q1 revenue, EPS estimates, raises FY forecast

Overview

• Automotive seating leader's Q1 revenue beat analyst expectations

• Adjusted EPS for Q1 beat analyst expectations

• Company raised FY26 guidance for revenue, Adj.-EBITDA, and FCF

Outlook

• Adient raises FY26 revenue guidance to $14.6 bln

• Adient expects FY26 Adj.-EBITDA of $880 mln

• Company forecasts FY26 free cash flow at $125 mln

Result Drivers

• VEHICLE PRODUCTION OUTLOOK - Improved vehicle production outlook contributed to raised FY26 guidance for revenue, Adj.-EBITDA, and FCF

• ADJUSTED EBITDA IMPROVEMENT - Q1 Adj.-EBITDA increased by $11M year-over-year, with margins rising from 5.6% to 5.7%

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

• Wall Street's median 12-month price target for Adient PLC is $26.00, about 23.5% above its February 3 closing price of $21.06

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn2z4Pv4a

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