BorgWarner shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 EPS guidance. Also, the company increased its share repurchase program.

Shares of automakers, recreational vehicle makers and auto-parts companies are trading lower after President Trump said in a social media post that tariffs on cars and trucks and automotive parts from Canada will be increased to 50% from January 1, 2027.

JP Morgan Maintains Overweight on BorgWarner, Raises Price Target to $85

JP Morgan analyst Rajat Gupta maintains BorgWarner (NYSE:BWA) with a Overweight and raises the price target from $75 to $85.

8-K filing — BORGWARNER INC (BWA)

Filed: 2026-08-10 AccNo: 0000908255-26-000054 Size: 266 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

Barclays Maintains Overweight on BorgWarner, Raises Price Target to $85

Barclays analyst Dan Levy maintains BorgWarner (NYSE:BWA) with a Overweight and raises the price target from $83 to $85.