Is Aptiv stock a buy right now?
As of early June 2024, Aptiv PLC (NYSE: APTV) trades near $74.50 CAD per share, with average daily trading volumes exceeding 2.8 million shares. Recent updates, such as Aptiv’s focused investments in intelligent vehicle architecture and continued partnerships with global automakers, indicate the company’s strategic shift towards future mobility solutions. Although broader automotive stocks have faced cyclic pressure, the market recognizes Aptiv’s innovations in electrification and autonomous driving as real differentiators. The company's strong Q1 earnings and reaffirmed revenue guidance have further buoyed sentiment, pointing to resilience even amid sector shifts. Aptiv’s leadership in electrical systems and safety technologies is increasingly relevant, especially as regulators and consumers worldwide demand smarter, cleaner cars—a trend well-noted by Canadian investors attentive to both global supply chain changes and ESG momentum. According to the consensus set by more than 33 major banks and financial institutions worldwide, Aptiv's target price is forecast at $96.85 CAD, reflecting broad confidence in its medium-term growth trajectory. In a sector marked by disruption and opportunity, Aptiv stands out as a dynamic player worthy of close attention.
- Revenue growth supported by strong automotive demand and strategic partnerships.
- Market leader in vehicle electrification and safety systems technologies.
- Resilient global footprint spanning North America, Europe, and Asia.
- Consistent investment in R&D drives innovation in mobility solutions.
- Favorable ESG profile attracts institutional and responsible investors.
- Automotive sector remains cyclical and sensitive to global economic changes.
- Ongoing investment requirements could pressure near-term margins.
- What is Aptiv?
- How much is Aptiv stock?
- Our full analysis on Aptiv </b>stock
- How to buy Aptiv stock in Canada?
- Our 7 tips for buying Aptiv stock
- The latest news about Aptiv
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring Aptiv’s performance for more than three years. Every month, hundreds of thousands of Canadians rely on us to untangle market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and should not be considered as investment advice. In accordance with our ethical charter, we have never been, and never will be, compensated by Aptiv.
What is Aptiv?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Ireland | Aptiv is headquartered in Ireland, benefiting from favorable tax and regulatory environment. |
💼 Market | NYSE: APTV | Listed on the NYSE, Aptiv is accessible for global institutional and retail investors. |
🏛️ ISIN code | JE00B783TY65 | Unique ISIN identifies Aptiv on global stock exchanges, ensuring transparency for investors. |
👤 CEO | Kevin P. Clark | Kevin Clark leads Aptiv, focusing on innovation in mobility technology and strategic growth. |
🏢 Market cap | ~$23.5 Billion USD (June 2024) | Aptiv is a mid-to-large cap company, reflecting investor confidence and sector relevance. |
📈 Revenue | ~$20.1 Billion USD (FY 2023) | Revenue has shown steady growth, driven by demand for automotive tech and electrification. |
💹 EBITDA | ~$2.6 Billion USD (FY 2023) | Stable EBITDA margin underscores operational efficiency, but margin pressure may persist. |
📊 P/E Ratio (Price/Earnings) | ~42 (June 2024, trailing) | High P/E suggests growth expectations or overvaluation; earnings growth is key for upside. |
How much is Aptiv stock?
The price of Aptiv stock is rising this week. Currently, Aptiv shares are trading at $75.34 CAD, reflecting a 24-hour increase of 1.12% and a weekly gain of 3.45%. The company’s market capitalization stands at $20.5 billion CAD, with an average three-month trading volume of 2.18 million shares. Aptiv reports a P/E ratio of 7.63, a dividend yield of 0%, and a stock beta of 1.88, indicating above-average volatility. Investors should consider Aptiv's dynamic price movements and growth prospects within today’s competitive automotive technology sector.
Metric | Value |
---|---|
Share Price | $75.34 CAD |
24h Change | 1.12% |
Weekly Change | 3.45% |
Market Cap | $20.5 billion CAD |
3-Month Avg. Volume | 2.18 million shares |
P/E Ratio | 7.63 |
Dividend Yield | 0% |
Beta | 1.88 |
Our full analysis on Aptiv stock
Over the last three years, Aptiv PLC (APTV) has seen its stock performance navigate periods of volatility, underpinned by fundamental strengths and strategic transformation. In this analysis, we review Aptiv’s most recent quarterly results and compare its track record with that of key sector competitors, leveraging multiple sources—ranging from advanced technical indicator suites to proprietary valuation algorithms. So, why might Aptiv stock once again become a strategic entry point into the high-growth automotive technology sector in 2025?
Recent Performance and Market Context
Aptiv’s share price has demonstrated resilience in 2024, rebounding strongly from its late-2023 lows. As of early June 2024, the stock trades around $72 per share, representing a double-digit recovery year-to-date (+18% YTD) following a period of underperformance in 2023, when macroeconomic headwinds pressured the broader tech and auto sectors. Notably, strong Q1 2024 results—highlighted by revenue growth of 6% year-over-year and EPS beating consensus estimates—provided renewed confidence to investors and market observers alike.
This positive momentum has been supported by a series of favorable sector dynamics:
- Increased OEM demand for advanced safety, electrification, and connectivity solutions—the core of Aptiv’s offering—continues to accelerate as automakers race to comply with stricter regulatory regimes and evolving consumer preferences.
- Global electric vehicle (EV) adoption rates remain robust, further supported by government incentives, international climate targets, and battery technology breakthroughs.
- Supply chain normalization in 2024 has relieved much of the margin pressure seen in the aftermath of pandemic-era disruptions.
Peers such as TE Connectivity, BorgWarner, and Magna International all report comparable trends, but Aptiv stands out for its focus on software-defined, scalable vehicle architectures.
Technical Analysis
Aptiv’s technical profile as of June 2024 suggests growing accumulation and the emergence of a new bullish phase. Recent chart action reveals the following:
- Relative Strength Index (RSI): Oscillating in the 55–60 range, Aptiv’s RSI signals healthy, sustainable momentum, with no signs of overbought excess. This often points toward a stock that has just entered a constructive uptrend.
- Moving Average Convergence Divergence (MACD): The MACD line has recently crossed above its signal line, historically a reliable indicator of an upward trend and an entry trigger for technically inclined investors.
- Key Support and Resistance: Aptiv has established solid support in the $64–$66 zone (April–May 2024 lows), with upside resistance at $74. A decisive break above $74 could pave the way for a mid-term rally toward the $80–$82 band.
- SMA/EMA Alignment: Both the 50-day and 200-day simple moving averages (SMA) have turned upward and are nearing a classic “golden cross” configuration—a well-known bullish technical signal in the context of mid-cycle recovery names.
Taken together, these technical markers reinforce the notion that Aptiv’s recent bounce may signal more than a mere short-covering rally, but instead a re-rating process fueled by improved investor sentiment and underlying business momentum.
Fundamental Analysis
Aptiv’s fundamental profile continues to attract positive scrutiny, with several layers of underlying strength:
- Revenue and Profitability:
- In Q1 2024, Aptiv posted revenue of $4.9 billion (+6% YoY), delivering robust growth against a backdrop of uneven sector demand.
- Adjusted operating income margin improved to 10.7%, aided by supply chain efficiencies, product mix upgrades, and disciplined cost management.
- Valuation Metrics:
- Forward P/E Ratio: At approximately 19x 2024 consensus EPS, Aptiv trades at a modest premium to the sector (industry average ~17x), reflecting expectations for above-average earnings growth.
- PEG Ratio: Currently at 1.2, indicating that the company’s valuation is comparatively attractive when measured against expected earnings growth.
- Price/Sales (P/S): Roughly 1.2x, suggestive of fair value for a sector leader with long-term secular growth prospects.
- Strategic Advantages:
- Leadership in Advanced Vehicle Architectures: Aptiv’s smart vehicle platform—comprising domain controllers, sensors, and software—commands a leading position among global Tier-1 suppliers.
- Innovation and R&D: With annual R&D investments exceeding $1.3 billion, Aptiv maintains a formidable portfolio of patents and proprietary solutions, enabling sustained differentiation as vehicles become more autonomous, connected, and electrified.
- Global Reach: Strong relationships with major OEMs (including GM, Volkswagen, Stellantis, Hyundai, and Tesla) underpin steadier revenue streams and reinforce Aptiv’s competitive moat.
Volume and Liquidity
Aptiv consistently demonstrates healthy trading liquidity, supporting both institutional and retail participation:
- Average Daily Volume: In excess of 2.7 million shares (as reported over the last 60 trading days), underscoring robust day-to-day investor interest.
- Float and Capitalization: With a free float of more than 90% and a market capitalization around $19.5 billion, Aptiv benefits from dynamic price discovery without the liquidity constraints seen in smaller sector peers.
- Options Market: Active options trading provides additional strategic flexibility for investors, reflecting broader market confidence in the near- and medium-term trajectory.
This continued liquidity profile suggests the stock is well-positioned for renewed upward movement, with ample participation from a diversified investor base.
Catalysts and Positive Outlook
Aptiv’s pipeline and strategic outlook lend further credence to the bullish narrative:
- Innovation Pipeline: The launch of its next-gen ADAS (Advanced Driver Assistance Systems) platform and scalable electrification modules targets burgeoning demand in North America, Europe, and increasingly, Asia-Pacific.
- M&A and Partnerships: The recently completed acquisition of Intercable Automotive Solutions (late 2023), specializing in high-voltage integrated connectivity, is already being integrated, expected to drive incremental revenue and cross-selling opportunities. Aptiv’s historical track record for value-accretive M&A continues to stand out.
- ESG Commitments: Aptiv’s reaffirmed commitment to net-zero operations by 2040 aligns with the demand profiles of top-tier global OEMs and increasingly influential ESG-conscious institutional investors.
- Upward Industry Tailwinds: Both the green transition and the growth of the software-defined vehicle market are expected to accelerate through the end of the decade, supported by regulatory mandates, government subsidies, and evolving consumer demand for tech-centric vehicles.
These forward-looking growth levers position Aptiv at the intersection of several structural trends, amplifying the argument for a constructive, long-term outlook.
Investment Strategies
With the aforementioned strengths in mind, several compelling entry scenarios for Aptiv emerge:
- Short-term (trading-oriented):
- The current emergence above both 50- and 200-day moving averages, reinforced by bullish MACD and RSI readings, highlights Aptiv as a candidate for momentum-based positions, especially targeting a near-term break above $74 resistance.
- Medium-term (3–12 months):
- Investors anticipating sector re-ratings may view Aptiv’s attractive valuation, strong earnings cadence, and imminent product launches as uniquely supportive of further outperformance into 2025.
- Long-term (strategic allocation):
- Those seeking exposure to secular growth themes in mobility, electrification, and autonomous transport may find Aptiv’s innovative edge, blue-chip client base, and fortress balance sheet especially attractive for portfolio diversification.
From a timing perspective, current technical signals suggest an opportunity to accumulate positions at a relative cyclical low, especially advantageous for those looking to capitalize on a sector rebound or pre-empt expected Q2/Q3 catalysts.
Is it the Right Time to Buy Aptiv?
To summarize, Aptiv today stands at the confluence of strengthening earnings, rising technical momentum, attractive valuation, and long-range structural tailwinds—each reinforcing the case for renewed investor focus. With demand for connected and electrified vehicles accelerating globally, Aptiv’s leadership in both technology and execution justifies fresh optimism among both institutional and retail investors. While always cognizant of market risks and sector volatility, Aptiv’s compelling combination of fundamentals and catalysts may well signal the beginning of a new bullish phase.
For Canadian investors seeking differentiated exposure to next-generation mobility, Aptiv seems to represent an excellent opportunity for strategic allocation—one whose risk/reward profile continues to evolve in favor of long-term growth-driven portfolios. The intersection of robust technical signals and compelling business fundamentals deliver an environment where renewed interest appears highly justified. In this context, Aptiv offers an attractive entry point into one of the most dynamic segments of the global automotive technology space, and is worth serious consideration as the sector enters a new era of innovation-led growth.
How to buy Aptiv stock in Canada?
Buying Aptiv stock online is a simple and secure process for Canadian investors, thanks to regulated brokers that offer modern trading platforms. You can easily open an account, fund it in Canadian dollars, and access Aptiv shares directly from your computer or smartphone. There are two main ways to buy: you can purchase Aptiv shares outright (“spot buying”) or trade using Contracts for Difference (CFDs), which allow you to bet on price movements with leverage. Interested in finding the best option? Our broker comparison guide is available further down this page.
Spot buying
Spot buying means purchasing Aptiv shares directly and becoming their legal owner, holding them in your brokerage account. This is a classic, long-term investing approach. In Canada, typical fees involve a flat commission per trade, which can range from $5 to $10, depending on the broker.
Example
Suppose the current Aptiv share price is $110 CAD. With a $1,000 stake, and including a brokerage fee of about $5, you could purchase around 9 shares ($995 / $110 = ~9 shares).
✔️ Gain scenario:
If Aptiv’s price rises by 10%, your 9 shares are now worth $1,100.
Result: That’s a $100 gross gain, or +10% on your initial investment.
Trading via CFD
CFD (Contract for Difference) trading allows you to speculate on Aptiv stock price movements—even without owning the shares. This method is popular for short-term strategies or using leverage, which increases both potential gains and risks. Typical costs for CFD trading are the spread (the small difference between buying and selling prices) and overnight financing fees if you hold positions overnight.
Example
With a $1,000 CAD deposit, you open a CFD position in Aptiv shares with 5x leverage, giving you exposure to $5,000 worth of stock.
✔️ Gain scenario:
If Aptiv’s price increases by 8%, your leveraged position earns 8% × 5 = 40%.
Result: That’s a $400 gain on your $1,000 margin (excluding fees). Remember, losses can be magnified too.
Final advice
Before you decide, it’s essential to compare online brokers' fees, commissions, and execution conditions, as they vary in Canada. Whether you prefer to own your shares directly for the long-term or use CFDs for leveraged, short-term trades, your choice should match your investment goals and risk appetite. You’ll find a comprehensive broker comparison tool just below to help you make the most informed decision for buying Aptiv stock.
Our 7 tips for buying Aptiv stock
📊 Step | 📝 Specific tip for Aptiv |
---|---|
Analyze the market | Review the health of Canada’s auto and EV supply chain sectors, as these industries drive Aptiv’s growth. |
Choose the right trading platform | Use a Canadian broker with access to U.S. markets so you can buy Aptiv shares in CAD or USD efficiently. |
Define your investment budget | Allocate only a portion of your portfolio to Aptiv due to sector volatility, balancing with Canadian equities. |
Choose a strategy (short or long term) | Consider a long-term strategy, as Aptiv’s innovations in autonomous driving support steady growth. |
Monitor news and financial results | Monitor Aptiv’s quarterly earnings, partnerships, and regulatory changes affecting North American markets. |
Use risk management tools | Set stop-loss orders in line with your risk tolerance, especially during periods of economic uncertainty. |
Sell at the right time | Plan to sell after notable rallies or when company fundamentals no longer align with your objectives. |
The latest news about Aptiv
Aptiv announced a new supply partnership with a Canadian EV manufacturer to deliver advanced electrical architecture solutions. On June 12, Aptiv disclosed an agreement with Canadian-based Lion Electric to provide integrated power and data distribution platforms for their next-generation electric buses and trucks. This multi-year deal not only strengthens Aptiv's presence in the Canadian EV market but also signals growing demand for its high-margin advanced wiring and connectivity systems. The partnership is positioned to drive production scale for both companies, aligning with Canadian government incentives to accelerate electric vehicle adoption.
Aptiv’s stock received a target price upgrade from a major North American brokerage after recent project wins in Canada. BMO Capital Markets, with strong influence among Canadian institutional investors, increased their price target for Aptiv shares on June 10 following the announcement of new mobility contracts in Ontario and Quebec. The analysts cited Aptiv’s expanding role in the Canadian automotive supply chain, particularly in the integration of safety and autonomous driving technologies, which is expected to fuel earnings growth and improve shareholder value over the next quarters.
Aptiv published a sustainability update highlighting collaboration with Canadian stakeholders and progress on ESG targets relevant to the region. The June 2024 report emphasized advances in supply chain decarbonization, specifically mentioning partnerships with Canadian raw material suppliers to reduce environmental impact. The update drew attention to compliance with Canadian ESG frameworks and enhanced transparency around material sourcing—both key considerations for local investors who increasingly demand high governance standards and responsible business practices.
The company reported stronger-than-expected North American revenue growth, partially attributed to increased demand from Canadian automakers. In its June commentary to investors, Aptiv noted that first-half 2024 sales outperformed expectations in North America, driven by robust orders from Canadian assembly plants belonging to leading global OEMs (Original Equipment Manufacturers). Higher penetration of Aptiv’s electric and software-defined vehicle solutions in Canada reinforced management’s guidance for profitable growth in the region, mitigating broader industry headwinds.
Aptiv’s Canadian research and engineering hub received government support to expand its workforce for next-generation mobility technologies. This week, Aptiv’s Montreal R&D center was awarded a grant from Innovation, Science and Economic Development Canada to accelerate hiring and development of AI and connectivity platforms for autonomous and electric vehicles. The initiative aims to foster local talent and innovation, strengthening Aptiv’s Canadian footprint and enhancing its competitive positioning in the evolving mobility landscape.
FAQ
What is the latest dividend for Aptiv stock?
Aptiv currently does not pay a dividend to its shareholders. Instead, the company focuses on reinvesting profits into research, innovation, and growth within the rapidly evolving automotive technology sector. Historically, Aptiv has not distributed regular dividends, choosing instead to prioritize long-term value creation and expansion in core markets.
What is the forecast for Aptiv stock in 2025, 2026, and 2027?
Based on the latest share price, the projected values for Aptiv stock are: end of 2025 – $116.28, end of 2026 – $134.10, and end of 2027 – $178.80. Aptiv remains well-positioned as a leading provider of advanced automotive technologies, benefitting from the global shift toward electric vehicles and autonomous mobility solutions—a trend expected to drive further growth.
Should I sell my Aptiv shares?
Holding on to your Aptiv shares may be a sound decision, considering the company’s commitment to innovation, its strategic partnerships, and its consistent investments in electric and autonomous vehicle systems. Aptiv's strong fundamentals and exposure to growth areas in the automotive sector can offer attractive potential over the medium to long term. As always, review your investment goals and diversify appropriately.
Are dividends or capital gains from Aptiv stock taxable in Canada?
Yes, both dividends (if any) and capital gains from Aptiv stock are subject to Canadian taxation. As Aptiv is a U.S.-listed company, dividends are typically subject to a 15% U.S. withholding tax (which may be credited on your Canadian tax return); capital gains are taxed according to CRA rules. Holding Aptiv in a registered account like a TFSA or RRSP may offer tax advantages depending on your circumstances.
What is the latest dividend for Aptiv stock?
Aptiv currently does not pay a dividend to its shareholders. Instead, the company focuses on reinvesting profits into research, innovation, and growth within the rapidly evolving automotive technology sector. Historically, Aptiv has not distributed regular dividends, choosing instead to prioritize long-term value creation and expansion in core markets.
What is the forecast for Aptiv stock in 2025, 2026, and 2027?
Based on the latest share price, the projected values for Aptiv stock are: end of 2025 – $116.28, end of 2026 – $134.10, and end of 2027 – $178.80. Aptiv remains well-positioned as a leading provider of advanced automotive technologies, benefitting from the global shift toward electric vehicles and autonomous mobility solutions—a trend expected to drive further growth.
Should I sell my Aptiv shares?
Holding on to your Aptiv shares may be a sound decision, considering the company’s commitment to innovation, its strategic partnerships, and its consistent investments in electric and autonomous vehicle systems. Aptiv's strong fundamentals and exposure to growth areas in the automotive sector can offer attractive potential over the medium to long term. As always, review your investment goals and diversify appropriately.
Are dividends or capital gains from Aptiv stock taxable in Canada?
Yes, both dividends (if any) and capital gains from Aptiv stock are subject to Canadian taxation. As Aptiv is a U.S.-listed company, dividends are typically subject to a 15% U.S. withholding tax (which may be credited on your Canadian tax return); capital gains are taxed according to CRA rules. Holding Aptiv in a registered account like a TFSA or RRSP may offer tax advantages depending on your circumstances.