Lear Is In High Gear

Lear Corporation is rated a ‘buy’ due to resilient growth and exceptionally low valuation multiples despite industry headwinds. LEA’s Q1 2026 revenue rose to $5.82B, driven by strong seating segment performance and global diversification, even as global vehicle production declined. Management guides for 2026 revenue of $23.21–$24.01B and EBITDA of $1.65–$1.82B, reflecting confidence in product innovation and robust order pipelines. Execution in a weak macro environment and attractive relative valuation positions LEA for potential upside if even modest improvements materialize.

Even though I am not a big fan of the automotive space in general, I have always appreciated some companies that play in this space. This mostly involves suppliers, both on the OEM side and the aftermarket.