LEA Stock - Lear Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $23.30B | $23.46B | $20.88B | $19.26B | $17.04B |
| Gross Profit | $1.84B | $1.75B | $1.57B | $1.49B | $1.31B |
| Gross Margin | 7.9% | 7.4% | 7.5% | 7.8% | 7.7% |
| Operating Income | $944.90M | $913.60M | $768.00M | $743.60M | $604.40M |
| Net Income | $506.60M | $572.50M | $327.70M | $373.90M | $158.50M |
| Net Margin | 2.2% | 2.4% | 1.6% | 1.9% | 0.9% |
| EPS | $9.02 | $9.73 | $5.49 | $6.22 | $2.63 |
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 10th 2025 | BofA Securities | Downgrade | Neutral | $123 |
| April 23rd 2025 | Citigroup | Initiation | Buy | $123 |
| April 10th 2025 | Goldman | Downgrade | Neutral | $84 |
| March 7th 2025 | TD Cowen | Downgrade | Hold | $95 |
| October 30th 2024 | Barclays | Downgrade | Equal Weight | $120← $140 |
| September 10th 2024 | Deutsche Bank | Resumed | Hold | $132 |
| September 5th 2024 | Wolfe Research | Resumed | Peer Perform | - |
| May 10th 2024 | Morgan Stanley | Upgrade | Overweight | $160← $150 |
| October 12th 2023 | Barclays | Upgrade | Overweight | $177 |
| September 13th 2023 | UBS | Initiation | Neutral | $150 |
| June 1st 2023 | Exane BNP Paribas | Upgrade | Outperform | - |
| February 15th 2023 | Barclays | Initiation | Equal Weight | $155 |
| February 6th 2023 | Evercore ISI | Downgrade | In-line | $145← $150 |
| December 14th 2022 | Wells Fargo | Downgrade | Equal Weight | $139← $149 |
| July 11th 2022 | Exane BNP Paribas | Upgrade | Neutral | $140← $117 |
Earnings History & Surprises
LEAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $2.54 | — | — | — |
Q4 2025 | Oct 31, 2025 | $2.70 | $2.79 | +3.3% | ✓ BEAT |
Q3 2025 | Jul 25, 2025 | $3.23 | $3.47 | +7.4% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $2.64 | $3.12 | +18.2% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $2.50 | $2.94 | +17.6% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $2.63 | $2.89 | +9.9% | ✓ BEAT |
Q3 2024 | Jul 25, 2024 | $3.40 | $3.60 | +5.9% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $3.04 | $3.18 | +4.6% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $3.07 | $3.03 | -1.3% | ✗ MISS |
Q4 2023 | Oct 26, 2023 | $2.67 | $2.87 | +7.5% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $3.21 | $3.33 | +3.7% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $2.58 | $2.78 | +7.8% | ✓ BEAT |
Q1 2023 | Feb 2, 2023 | $2.57 | $2.81 | +9.3% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $2.12 | $2.33 | +9.9% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $1.34 | $1.79 | +33.6% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $1.56 | $1.80 | +15.4% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $1.07 | $1.22 | +14.0% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.56 | $0.53 | -5.4% | ✗ MISS |
Q3 2021 | Aug 6, 2021 | $2.47 | $2.45 | -0.8% | ✗ MISS |
Latest News
Citigroup Maintains Buy on Lear, Raises Price Target to $146
📈 PositiveWells Fargo Maintains Equal-Weight on Lear, Lowers Price Target to $107
➖ NeutralMorgan Stanley Downgrades Lear to Equal-Weight, Lowers Price Target to $112
📉 NegativeEvercore ISI Group Maintains In-Line on Lear, Raises Price Target to $120
➖ NeutralBarclays Maintains Equal-Weight on Lear, Raises Price Target to $125
➖ NeutralTD Cowen Maintains Hold on Lear, Raises Price Target to $117
➖ NeutralJP Morgan Maintains Overweight on Lear, Raises Price Target to $138
📈 PositiveWells Fargo Maintains Equal-Weight on Lear, Raises Price Target to $112
➖ NeutralLear Raises FY2025 Sales Guidance from $22.470B-$23.070B to $22.850B-$23.150B vs $22.942B Est
📈 PositiveLear Q3 Adj. EPS $2.79 Beats $2.73 Estimate, Sales $5.680B Beat $5.600B Estimate
📈 PositiveJP Morgan Maintains Overweight on Lear, Raises Price Target to $133
📈 PositiveShares of auto and auto-related companies are trading lower amid overall market weakness after President Trump, on a social media post, said that he is considering an increase in tariffs on Chinese products.
📉 NegativeUBS Maintains Neutral on Lear, Lowers Price Target to $106
➖ NeutralWells Fargo Maintains Equal-Weight on Lear, Lowers Price Target to $108
➖ NeutralWells Fargo Maintains Equal-Weight on Lear, Raises Price Target to $113
📈 PositiveB of A Securities Downgrades Lear to Neutral, Lowers Price Target to $123
📉 NegativeWells Fargo Maintains Equal-Weight on Lear, Raises Price Target to $111
➖ NeutralPalantir Expands Five-Year Deal With Lear To Boost AI Across Global Manufacturing
📈 PositiveFrequently Asked Questions about LEA
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