olivLaw · US equity research
Visteon Corporation VC
Motor Vehicle Parts & Accessories · SIC 3714 · Vertical: Motor Vehicle Parts & Accessories (SIC 3714)
Visteon is a global supplier of automotive electronics, specializing in digital cockpits, displays, infotainment and domain controllers, with major customers such as Ford and General Motors. The company is under pressure on operating margins due to exceptional warranty charges, but it keeps winning new business, especially in displays and the SmartCore platforms.
At the close of 04 Nov 2026, Visteon Corporation (VC) stock was 80.28 USD (+7.66% on the day), with market capitalisation 2.0 bn USD, P/E 13.8 on diluted EPS of 5.80 USD over the last 12 months, dividend yield 0.47%, beta 1.02, 52-week range 72.42–123.90 USD. Latest reported quarter (Q3 2026): revenue of 970.0 m USD (+5.8% YoY), net income of 5.0 m USD, diluted EPS 0.19 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 45.4
- neutral
- Bollinger (20, 2)
- 69.48 – 92.73
- in the lower half of the band · %B 0.46 · band width 28.7%
- SMA 50 / 200
- 89.77 / 99.67
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -4.26 / -4.40
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −10.1% | −1.1% | −9.0 pp | — |
| 3 months | −23.1% | −0.5% | −22.6 pp | — |
| 6 months | −29.4% | +4.4% | −33.8 pp | — |
| Year to date | −15.6% | +12.3% | −27.9 pp | — |
| 1 year | −23.9% | +13.5% | −37.4 pp | −10.2% |
| 3 years | −30.3% | +76.4% | −106.7 pp | +9.8% |
| 5 years | −35.1% | +63.7% | −98.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 939.0 m | 934.0 m | 969.0 m | 917.0 m | 948.0 m | 954.0 m | 960.0 m | 970.0 m |
| Cost of revenue | 805.0 m | 796.0 m | 828.0 m | 786.0 m | 826.0 m | 841.0 m | 842.0 m | 923.0 m |
| Gross profit | 134.0 m | 138.0 m | 141.0 m | 131.0 m | 122.0 m | 113.0 m | 118.0 m | 47.0 m |
| SG&A | 55.0 m | 47.0 m | 48.0 m | 53.0 m | 54.0 m | 54.0 m | 46.0 m | 46.0 m |
| Depreciation & amortisation | 25.0 m | 25.0 m | 27.0 m | 28.0 m | 29.0 m | 29.0 m | 29.0 m | 31.0 m |
| Interest expense | 3.0 m | 3.0 m | 4.0 m | 3.0 m | 3.0 m | 3.0 m | 2.0 m | 4.0 m |
| Pre-tax income | 84.0 m | 95.0 m | 97.0 m | 81.0 m | 65.0 m | 49.0 m | 76.0 m | 7.0 m |
| Income tax | -44.0 m | 26.0 m | 22.0 m | 90.0 m | -13.0 m | 16.0 m | 26.0 m | 1.0 m |
| Net income | 125.0 m | 67.0 m | 71.0 m | -11.0 m | 74.0 m | 31.0 m | 49.0 m | 5.0 m |
| Diluted EPS | 4.48 | 2.44 | 2.57 | -0.40 | 2.67 | 1.14 | 1.80 | 0.19 |
| Operating cash flow | 203.0 m | 70.0 m | 95.0 m ≈ | 127.0 m ≈ | 118.0 m | 6.0 m | 37.0 m ≈ | 38.0 m ≈ |
| Dividends paid | 0 | 0 | 0 ≈ | 8.0 m ≈ | 7.0 m | 10.0 m | 10.0 m | 9.0 m |
| Share repurchases | 43.0 m | 7.0 m | 0 ≈ | 0 ≈ | 50.0 m | 30.0 m | 6.0 m | 201.0 m |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 28 percentile of its own 36-quarter history (min 4.3, median 23.4, max 118.0; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0 bn | 2.9 bn | 2.5 bn | 2.8 bn | 3.8 bn | 4.0 bn | 3.9 bn | 3.8 bn |
| Revenue YoY | −5.1% | −1.3% | −13.5% | +8.8% | +35.4% | +5.3% | −2.2% | −2.5% |
| Net income | 164.0 m | 70.0 m | -56.0 m | 41.0 m | 124.0 m | 568.0 m | 296.0 m | 201.0 m |
| Net income YoY | −6.8% | −57.3% | −180.0% | unavailable | +202.4% | +358.1% | −47.9% | −32.1% |
| Diluted EPS | 5.52 | 2.48 | -2.01 | 1.44 | 4.35 | 19.93 | 10.61 | 7.28 |
| Diluted EPS YoY | +0.9% | −55.1% | −181.0% | unavailable | +202.1% | +358.2% | −46.8% | −31.4% |
| net % | 5.5% | 2.4% | -2.2% | 1.5% | 3.3% | 14.4% | 7.7% | 5.3% |
| Free cash flow | 77.0 m | 41.0 m | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 771.0 m USD
- Financial debt
- 301.0 m USD
- Net debt
- -470.0 m USD
- Equity
- 1.7 bn USD
- Total assets
- 3.4 bn USD
- Debt / equity
- 0.18x
- Current ratio
- 1.80x
- ROE
- 13.1%
- ROA
- 6.3%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 2.5 bn | 2.8 bn | 3.8 bn | 4.0 bn | 3.9 bn | 3.8 bn | SEC (XBRL)· 19 Feb 2026verified |
| Cost of revenue | 2.3 bn | 2.5 bn | 3.4 bn | 3.5 bn | 3.3 bn | 3.2 bn | SEC (XBRL)· 19 Feb 2026verified |
| Gross profit | 245.0 m | 254.0 m | 368.0 m | 487.0 m | 531.0 m | 532.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Research & development | 201.0 m | 191.0 m | 196.0 m | 210.0 m | 191.0 m | 220.0 m | SEC (XBRL)· 19 Feb 2026verified |
| SG&A | 193.0 m | 175.0 m | 188.0 m | 207.0 m | 207.0 m | 202.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Depreciation & amortisation | 104.0 m | 108.0 m | 108.0 m | 104.0 m | 96.0 m | 109.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Interest expense | 16.0 m | 10.0 m | 14.0 m | 17.0 m | 15.0 m | 13.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Pre-tax income | -20.0 m | 81.0 m | 175.0 m | 257.0 m | 298.0 m | 338.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Income tax | 28.0 m | 31.0 m | 45.0 m | -330.0 m | -8.0 m | 125.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Net income | -56.0 m | 41.0 m | 124.0 m | 568.0 m | 296.0 m | 201.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Diluted EPS | -2.01 | 1.44 | 4.35 | 19.93 | 10.61 | 7.28 | SEC (XBRL)· 19 Feb 2026verified |
| Weighted average diluted shares | 27.9 m | 28.4 m | 28.5 m | 28.5 m | 27.9 m | 27.6 m | SEC (XBRL)· 19 Feb 2026verified |
| Dividend per share | — | — | — | — | — | 0.38 | SEC (XBRL)· 19 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 496.0 m | 452.0 m | 520.0 m | 515.0 m | 623.0 m | 771.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Receivables | 484.0 m | 549.0 m | 672.0 m | 666.0 m | 578.0 m | 613.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Inventories | 177.0 m | 262.0 m | 348.0 m | 298.0 m | 283.0 m | 269.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Current assets | 1.3 bn | 1.4 bn | 1.7 bn | 1.6 bn | 1.6 bn | 1.8 bn | SEC (XBRL)· 19 Feb 2026verified |
| Property, plant & equipment, net | 436.0 m | 388.0 m | 364.0 m | 418.0 m | 452.0 m | 524.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Intangibles (excl. goodwill) | 78.0 m | 68.0 m | 54.0 m | 46.0 m | 71.0 m | 109.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Total assets | 2.3 bn | 2.2 bn | 2.5 bn | 2.7 bn | 3.0 bn | 3.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Accounts payable | 500.0 m | 522.0 m | 657.0 m | 551.0 m | 505.0 m | 540.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Short-term debt | 0 | 4.0 m | 13.0 m | 18.0 m | 18.0 m | 18.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Long-term debt | 349.0 m | 349.0 m | 336.0 m | 318.0 m | 301.0 m | 283.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Current liabilities | 824.0 m | 852.0 m | 1.0 bn | 931.0 m | 916.0 m | 992.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Equity | 510.0 m | 616.0 m | 774.0 m | 1.2 bn | 1.4 bn | 1.7 bn | SEC (XBRL)· 19 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 168.0 m | 58.0 m | 167.0 m | 267.0 m | 427.0 m | 410.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Investing cash flow | -98.0 m | -63.0 m | -68.0 m | -123.0 m | -189.0 m | -181.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Financing cash flow | -58.0 m | -29.0 m | -9.0 m | -156.0 m | -100.0 m | -116.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Dividends paid | — | — | — | 0 | 0 | 15.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Share repurchases | 16.0 m | 0 | 0 | 107.0 m | 63.0 m | 57.0 m | SEC (XBRL)· 19 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 43.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 2.0 bn USD
Key indicators
Coverage and freshness
Score by group
44% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 66.41 – 119.74 USD.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E66.41 – 119.74 (Mid 87.51)19 companies used · median multiple 15.1x · quartiles 11.5x – 20.6xADNT, ALSN, ALV, APTV, ATMU, BWA, CAAS, DAN, DORM, GNTX, GTX, HLLY, LCII, LEA, MGA, PATK, PHIN, SMP, STRT
- Dividend discount (DDM)outside the aggregate4.93 – 6.63 (Mid 5.65)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 43.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 4.1% | 68 (vs peers) | 14% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 0.1% | 1 (on a fixed band) | 19% |
| EPS CAGR 3Y · Growth | 18.7% | 100 (on a fixed band) | 19% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.6x | 67 (on a fixed band) | 10% |
| P/E (TTM) · Valuation | 13.8x | 67 (vs peers) | 24% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 16.3% | 100 (on a fixed band) | 14% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial67/100 · 1/3 factors with a value
- Growth50/100 · 2/2 factors with a value
- Quality· partial68/100 · 1/3 factors with a value
- Returns· partial100/100 · 1/2 factors with a value
- Valuation· partial67/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
VISTEON CORP (VC). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 3.8 bn USD in 2025; YoY growth -2.5%; net margin 4.1%; ROE 10.8%.
The estimated value range is 66.41–119.74 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 87.51 USD, the price of 80.28 USD leaves a potential of 9.0% (value / price − 1) and a margin of safety of 8.3% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EPS CAGR 3Y: 18.7%
- Shareholder yield (distributions): 16.3%
What contradicts it
- Revenue CAGR 3Y: 0.1%
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Motor Vehicle Parts & Accessories (SIC 3714) · same industry (4-digit SIC) · compared with 34 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| MGAMagna International Inc. | 18.4 bn | 22.4 | 6.9% | 2.0% | −1.9% | +34% / +22% |
| BWABorgwarner Inc. | 10.1 bn | 21.5 | 8.2% | 3.4% | +1.6% | +17% / +50% |
| ALSNAllison Transmission Holdings, Inc. | 9.9 bn | 17.4 | 29.7% | 11.1% | −6.7% | +36% / +125% |
| ALVAutoliv, Inc. | 9.0 bn | 15.1 | 24.8% | 5.6% | +4.1% | +7% / +21% |
| APTVAptiv PLC | 8.8 bn | 11.9 | 8.5% | 4.6% | +3.5% | −44% / −48% |
| LEALear Corp | 5.7 bn | 10.4 | 11.6% | 2.5% | −0.2% | +11% / −11% |
| MODModine Manufacturing Co | 5.2 bn | 41.3 | 11.4% | 3.6% | +23.1% | −39% / +100% |
| GNTXGentex Corporation | 4.4 bn | 11.0 | 16.4% | 15.5% | +9.6% | −9% / −32% |
| DORMDorman Products, Inc. | 4.2 bn | 21.2 | 13.3% | 9.3% | +6.0% | +8% / +98% |
| ATMUAtmus Filtration Technologies Inc. | 3.9 bn | 18.3 | 55.8% | 11.3% | +5.7% | −5% / +119% |
| GTXGarrett Motion Inc. | 3.6 bn | 10.1 | — | 10.0% | +3.1% | +20% / +167% |
| PATKPatrick Industries Inc | 2.7 bn | 20.1 | 13.0% | 3.7% | +6.3% | −22% / +55% |
| PHINPhinia Inc. | 2.6 bn | 14.5 | 12.2% | 5.2% | +2.4% | +33% / +181% |
| DANDana Incorporated | 2.6 bn | 2.4 | 71.4% | 14.6% | −3.0% | +6% / +80% |
| LCIILci Industries | 2.5 bn | 12.1 | 15.0% | 5.2% | +10.2% | −8% / −4% |
| VCVisteon Corp | 2.0 bn | 13.8 | 10.8% | 4.1% | −2.5% | −24% / −30% |
| THRMGentherm Incorporated | 1.6 bn | 105.3 | 1.3% | 0.6% | +2.9% | −13% / −32% |
| ADNTAdient plc | 1.3 bn | 28.5 | 2.7% | 0.3% | −1.0% | −12% / −47% |
| DCHDauch Corporation | 1.1 bn | — | -15.2% | -2.0% | −4.7% | −27% / −31% |
| SMPStandard Motor Products, Inc. | 1.0 bn | 15.1 | 9.9% | 3.8% | +22.4% | +22% / +28% |
| AEVAAeva Technologies, Inc. | 661.5 m | — | — | -150.1% | +99.4% | −15% / +240% |
| CPSCooper-Standard Holdings Inc. | 391.6 m | — | — | -2.0% | +0.4% | −29% / +24% |
| HLLYHolley Inc. | 351.6 m | 35.3 | 2.3% | 1.7% | +1.9% | −32% / −30% |
| KNDIKandi Technologies Group, Inc. | 287.8 m | — | -30.5% | -107.4% | −31.5% | −63% / −88% |
| STRTStrattec Security Corp | 258.5 m | 15.6 | 7.2% | 2.9% | +2.5% | −14% / +201% |
1- and 3-year price returns: for VC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 50.32 Total return -37% · Per year -37% | 89.17 Total return 12% · Per year 12% | 134.58 Total return 68% · Per year 68% |
| 3 years | 44.62 Total return -43% · Per year -17% | 89.36 Total return 13% · Per year 4% | 148.67 Total return 87% · Per year 23% |
| 5 years | 39.57 Total return -49% · Per year -13% | 89.55 Total return 14% · Per year 3% | 164.25 Total return 108% · Per year 16% |
- Exit P/E± 22.34
- Net margin± 15.64
- Annual revenue growth± 13.40
- Annual dilution± 1.31
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Visteon is a global supplier of automotive electronics, specializing in digital cockpits, displays, infotainment and domain controllers, with major customers such as Ford and General Motors. The company is under pressure on operating margins due to exceptional warranty charges, but it keeps winning new business, especially in displays and the SmartCore platforms.13
SWOT
Strengths
- Recognised leadership in cockpit electronics, with a portfolio covering displays, infotainment and domain controllers.
- Solid balance sheet, with net cash at the end of the third quarter of 2026, giving flexibility through periods of volatility.
- A track record of new business wins that exceed current sales levels, supported by innovation and launch execution.
Weaknesses
- Reliance on a small number of large customers means losing a programme can noticeably affect sales.
- Margins are sensitive to customer cost recoveries, and exceptional warranty charges reduced recent quarterly results.
- Exposure to China through joint ventures creates dependence on local partners and their decisions.
Opportunities
- Expansion into commercial vehicles and two-wheelers could open new markets with faster development cycles.
- Growing software content and AI functions in the cockpit could increase the value of each vehicle supplied.
- Opportunities in India and in the display market could partly offset pressure in other regions.
Threats
- Chinese competition with lower costs and faster development cycles could reduce market share outside China.
- Tariffs, the USMCA renegotiation and geopolitical conflicts could raise costs and disrupt supply chains.
- Shortages and higher prices of memory chips could slow customer production.
Risks
- Customer concentrationhigh
A small number of customers generate a major share of sales, and they can reduce volumes or terminate contracts for convenience.
- Exceptional warranty chargeshigh
Significant warranty costs have recently appeared, and recalls could add costs if defects are attributed to the company's products.
- Chip supply chainmedium
Reliance on single sources for semiconductors and DRAM can delay deliveries or raise costs if shortages persist.
- Trade and geopolitical risksmedium
Tariffs, changes to USMCA and restrictions on technology from China could affect production in Mexico and China.
- China joint ventureslow
Failure by joint venture partners to meet obligations could affect operations and returns on Asian investments.
Investment thesis
What would need to be true (bull case)
- If new awards in displays and SmartCore platforms convert into volumes, the company could return to growth above customer production trends.
- A net cash balance sheet and a new share repurchase programme provide a solid financial base to get through the pressure period.
- Its position in digital cockpits and in-cabin AI could gain relevance as vehicles become defined by software.
What would break the thesis
- If key customer production keeps falling and price pressure persists, margins could stay below expectations.
- Chinese competitors could gain market share on other continents, with lower costs and shorter development cycles.
- The revised adjusted EBITDA guidance shows that supply chain pressures could weigh on results more than previously estimated.
What to watch
- Recovery of gross margin after warranty chargesQ4 2026
- Delivery against the revised sales and adjusted EBITDA guidance2026
- Outcome of the USMCA renegotiation and effect on Mexican production2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Visteon Corporation, headquartered in Van Buren Township, Michigan, designs and manufactures automotive electronics and connected car solutions, including digital instrument clusters, information displays, infotainment systems, the SmartCore domain controller, the CognitoAI platform, battery management systems and high-voltage power electronics, plus engineering services. Its end customers are global vehicle manufacturers including BMW, Ford, General Motors, Toyota and Volkswagen.1
The company reports one segment, Electronics, and its consolidated results equal that segment. Manufacturing and engineering are spread across about 17 countries, with facilities in Brazil, Bulgaria, China, India, Japan, Mexico, Portugal, Slovakia, Thailand and Tunisia.1
Segments
Electronics
The single segment covers digital cockpits, displays, Android-based infotainment, the SmartCore domain controller, the CognitoAI platform, battery management systems, high-voltage power electronics and software and systems engineering services. Recent engineering services acquisitions added sales and costs.1
Market context
Global light-vehicle production fell by about 2% in the third quarter of 2026 compared with 2025, and production at Visteon's key customers declined by about 5%. The outlook for full-year 2026 points to a decline of about 2% in global production and about 4% for key customers.2
Trends
- Digital electronics and the software-defined cockpittailwind
Rising electronic content and connectivity in vehicles support demand for domain controllers and large displays, which favours suppliers with modular platforms.
- Price pressure and cost recoveriesheadwind
Annual price reductions and smaller customer recoveries reduced sales in 2025, and higher component and semiconductor costs could limit margins if they are not fully recovered.
- Tariffs and supply chain reconfigurationmixed
US tariffs and the 2026 USMCA renegotiation could affect costs in Mexico and China, although favourable trade rules may protect some qualifying imports.
- Chinese competition and electric vehiclesheadwind
Chinese OEMs advance quickly with software-centric platforms and lower costs, while electric vehicle adoption varies and has softened in some markets after tax credits expired.
Competitive position
Competition is intense, and OEMs assess suppliers on financial viability, quality, price, technical expertise and delivery reliability. Direct rivals include Japanese, European, South Korean and Chinese companies, many with global scale and vertical integration.1
Chinese electronics suppliers and Chinese OEMs expanding abroad increase pressure on prices and development speed, forcing Visteon to support shorter timelines without lowering quality and cybersecurity standards.1
- Aptiv PLCAPTV
Global automotive electrical and electronic systems supplier, listed in New York, competing with Visteon in electronic architectures and connectivity.
- Robert Bosch GmbH
Large European automotive supplier with a broad electronics portfolio for cockpits and driver assistance systems.
- Denso Corporation
Japanese automotive components and electronics supplier with a strong presence in climate control and vehicle systems.
- Harman International, a Samsung Electronics subsidiary
Automotive infotainment and audio division of a South Korean group, competing directly on connected cockpit systems.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report27 Oct 2026Departure or appointment of officers · Financial statements and exhibits
- Quarterly report22 Oct 2026
- Current report22 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report23 Jul 2026
- Current report23 Jul 2026Material agreement · Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report25 Jun 2026Other events · Financial statements and exhibits
- Current report17 Jun 2026Departure or appointment of officers · Financial statements and exhibits
- Current report15 Jun 2026Shareholder vote · Other events
- Current report29 Apr 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Proxy statement28 Apr 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Visteon Corporation · 19 Feb 2026
- [2] Form 10-Q, quarter ended 2026-09-30 · SEC / Visteon Corporation · 22 Oct 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Visteon Corporation · 22 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.