Nebius Group prices $1 billion share offering at $92.50 per share
Autoliv Inc. stock has reached a new 52-week high, touching 125.87 USD. The automotive safety supplier, with a market capitalization of $9.65 billion, has demonstrated remarkable momentum with a 34.52% gain year-to-date. According to InvestingPro analysis, the company maintains a GREAT financial health score and trades at an attractive P/E ratio of 13.5. This milestone underscores a significant upward trend for the company, with its stock appreciating by 25.52% over the past year. The Swedish-American automotive safety supplier has seen its shares climb steadily, driven by robust demand for its safety systems and strategic initiatives to expand its market presence. The latest price point marks a notable achievement for Autoliv, reflecting investor confidence and the company’s strong performance in a competitive industry. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report, offering deeper analysis of Autoliv’s market position and growth potential.
In other recent news, Autoliv, Inc. reported second-quarter revenue of $2.71 billion and earnings per share of $2.21, surpassing consensus estimates of $2.64 billion and $2.07, respectively. This performance led to Mizuho raising its price target for Autoliv to $130 from $122, maintaining an Outperform rating. Similarly, TD Cowen increased its price target for the company to $133 from $106, citing higher estimates and target multiples following the company’s results. Jefferies reiterated its Buy rating on Autoliv, maintaining a price target of $140, highlighting the company’s resilience and minor guidance upgrade amidst operating volatility. Furthermore, Jefferies assumed coverage of Autoliv with a Buy rating, emphasizing its market leadership and strong margins. Mizuho also raised its price target to $122 from $112 after Autoliv’s Capital Markets Day, which projected an increase in the BEV light vehicle production mix to over 30% by 2030. The company anticipates $100 million in additional tariff-related costs for 2025, while maintaining strong market share in China. These developments reflect ongoing confidence in Autoliv’s market position and future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.