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Stock impact report

Dana Inc. (DAN) Sparks Optimism Following First Quarter Results [Yahoo! Finance]

Dana Incorporated (DAN) 
Last dana incorporated earnings: 4/30 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
On March 30, Barclays raised its price target on Dana Inc. (NYSE:DAN) from $32 to $41 while maintaining an Overweight rating. The upward revision in the price target follows updates to the firm's models for the automotive and mobility sector, based on the first-quarter results. On March 25, Dana Inc. (NYSE:DAN) held its capital markets day, where executive management outlined its development strategy, Dana 2030. This strategy aims to keep the firm competitive and generate value for its stakeholders through sustainable growth. By 2030, the business aims to have annual sales of $10 billion. This amount represents a 33% increase from the expected $7.5 billion revenue in 2026. Beyond the topline targets, the company is also aiming for adjusted free cash flow margins of about 6%, representing a 200-point increase versus its 2026 guidance. Dana Inc. (NYSE:DAN) also aims to complete up to $2 billion in total share repurchases by 2030, adding to the $765 million already purchased. The Show less Read more
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