Visteon Corp. "2026 Investor Day Preview" (Buy) Spak

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Visteon Corp. "2026 Investor Day Preview" (Buy) Spak

Global Research

11 June 2026ab

Visteon Corp. Equities

United States2026 Investor Day Preview

Auto Parts

12-month rating Buy

VC is set to host their 2026 Investor Day on June 25th in NY. There, the company

will lay out the strategic roadmap, long-term growth drivers, financial objectives, and

12m price target US$130.00

the technology innovations shaping the future of intelligent vehicles. We are positive on

the name into the event, seeing a number of positive updates, particularly as it relates to

2029 financial targets and capital allocation. Credibility will be key (given prior 3-year Price (10 Jun 2026) US$117.70

views have disappointed, not necessarily because of VC specific factors), but we believe RIC: VC.O BBG: VC US

management understands this and should be able to give an outlook that is punchy

enough for investors and credible enough to underwrite. Trading data and key metrics

52-wk range US$128.76-84.45

We see 4 key things investors will focus on at the event: Market cap. US$3.15b

2029 financial targets – expect sales/EBITDA 7%/13% above consensus. Shares o/s 26.8m (COM)

We expect VC to give a 3-year look ahead to 2029. To that end, we expect VC Free float 100%

could guide 2029 sales to ~$4.8bn (~7% above consensus) driven by growing Avg. daily volume ('000) 565

with under-exposed customers such as Toyota, an inflection in China growth, Avg. daily value (m) US$58.2

increased penetration in the fast growing Indian market, and high-performance Common s/h equity (12/26E) US$1.68b

compute (HPC) systems that enable cockpit AI which are significantly higher P/BV (12/26E) 1.9x

content per vehicle at ~$1k vs. $300-$350 on CDCs today and low hundreds on Net debt to EBITDA (12/26E) NM

displays/clusters.