Goldman Sachs added Honda (HMC) to the firm’s “APAC Conviction List – Directors’ Cut.” Goldman believes the company is in a stronger position to achieve its medium-term business plan for 2030. The firm sees Honda as one of the few automakers that can maintain/expand its strong profit margins while making upfront investments in electrification and intelligent mobility. Kota’s operating profit estimates for FY3/25-FY3/26 are 3% and 15% higher than IFIS consensus forecasts. More importantly, Goldman sees Honda’s automobile business earnings as more sustainable than peers in terms of adaptability to changes in environmental and tariff conditions.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HMC:
- American Honda reports October sales up 2.1% to 110,346 units
- Honda Completes Significant Share Buyback Program
- Honda recalls 720,000 vehicles in U.S. over faulty pump
- Honda recalls 780 vehicles in North America over faulty fuel pump, Reuters says
- GE Aerospace, GM report quarterly earnings beats: Morning Buzz