GTX

Garrett Motion (GTX) is highlighted as a stock to watch with a #3 (Hold) Zacks Rank and an A VGM Score. The auto-tires-trucks company shows strong momentum with a Momentum Style Score of A and shares up 0.6% over four weeks. Analysts revised fiscal 2026 earnings estimates upward to $1.91 per share, with the company boasting a +16.8% average earnings surprise.

Garrett Motion (GTX) is highlighted as a compelling growth stock opportunity, featuring a Growth Score of B and Zacks Rank #2 (Buy). The company demonstrates strong earnings growth of 26.1% expected this year, solid cash flow growth of 1.7% year-over-year, and positive earnings estimate revisions, positioning it as a potential outperformer for growth investors.

Zacks Premium offers investment research tools including the Zacks Rank and Style Scores to help investors identify stocks with strong performance potential. The service features daily updates, equity research reports, and stock screens rated on value, growth, and momentum characteristics. Garrett Motion (GTX) is highlighted as a #2 Buy with strong growth prospects and a 26.3% forecasted earnings growth rate.

Zacks Premium offers investment research tools including the Zacks Rank stock-rating system and Style Scores to help investors identify high-performing stocks. The Zacks Rank #1 stocks have averaged +23.86% annual returns since 1988, more than double the S&P 500. The article highlights Garrett Motion (GTX) as a stock to watch with a #2 Buy rank and strong Value and VGM Style Scores.

Custom Truck One Source (CTOS) is significantly outperforming its Auto-Tires-Trucks sector peers with a 61.6% year-to-date gain, compared to the sector's average loss of 15.1%. The company holds a Zacks Rank #1 (Strong Buy) with analyst consensus estimates for full-year earnings improving 27.6% over the past 90 days. Garrett Motion (GTX) is also outperforming with a 48.4% year-to-date return.

Magna International is expected to report Q3 2026 earnings of $1.58 per share (up 18.8% YoY) with revenues declining 1.1% to $9.95 billion. With a negative Earnings ESP of -0.74% and Zacks Rank #3, the stock is not positioned as a compelling earnings-beat candidate. Garrett Motion is expected to post $0.45 EPS (up 18.4% YoY) with revenues rising 3.9%, but carries a Zacks Rank #4 (Sell) rating despite a neutral 0.00% Earnings ESP.

Tesla is set to release Q3 2026 earnings on October 21 after delivering 486,532 vehicles, down 2.1% year-over-year. The company faces margin pressure from EV competition, pricing constraints, and vehicle mix shifts.

With an Earnings ESP of -11.35% and Zacks Rank #4 (Sell), Tesla is not expected to beat earnings estimates. Automotive gross profit is predicted to decline 0.6% from the year-ago quarter.

Tesla is set to report Q3 2026 results on Oct. 21 with consensus estimates of 44 cents per share earnings and $27.8B revenue. Vehicle deliveries fell 2.1% year-over-year to 486,532 units, primarily due to a 47.9% decline in other models, though sequential growth of 1.3% was supported by European recovery.

Energy storage deployments rose 9.6% YoY to 13.7 GWh. The company's negative Earnings ESP of -12.85% and Zacks Rank #4 (Sell) suggest low probability of an earnings beat.

XPeng will globally debut its G9L flagship SUV at the 2026 Paris Motor Show and open European orders, marking its fourth European-manufactured model. The company showcased its Physical AI ecosystem including humanoid robots and flying cars. XPeng's overseas deliveries exceeded 20,000 units in Q2, up 81% year-over-year, with over 100,000 vehicles delivered outside China and 60,000 in Europe.

General Motors reported a 5.5% year-over-year decline in U.S. vehicle sales for Q3 2024, delivering 670,974 vehicles. EV sales plummeted significantly, with Chevrolet Equinox EV down 92.4%, as consumer enthusiasm for electric vehicles weakened following the end of federal EV incentives. However, affordable models like Chevrolet Trailblazer (up 51%) and Buick Envista (up 18.4%) performed well, and fleet sales rose 10%.

Mercedes-Benz has signed a definitive production agreement with autonomous driving startup Wayve to integrate its AI Driver technology into future vehicles within two years. While the partnership strengthens Mercedes' software capabilities, the company faces significant headwinds including weakened China demand, rising costs, and geopolitical uncertainty, prompting a downgrade to Zacks Rank #4 (Sell).

Tesla has doubled its Cybercab fleet in Austin to over 100 vehicles, increasing availability from 58 to 125 vehicles between September 21-25, 2026. The expansion demonstrates Tesla's confidence in its Full Self-Driving software and marks progress toward expanding Robotaxi services to additional U.S. cities.

Nissan's U.S. retail sales rose over 9% in Q1, driven by strong Pathfinder, Frontier, and Rogue demand, with the 2027 Rogue Hybrid launching in fall 2026. The company is progressing on its Re:Nissan cost-reduction program, targeting JPY 500 billion in savings by end of fiscal 2026. However, deteriorating China market conditions, Middle East uncertainty, reduced volume guidance, and elevated raw material costs (aluminum, copper, oil) present significant headwinds to profitability.

Tesla has secured $30 billion in new senior unsecured credit facilities, comprising a $20 billion three-year term loan and $10 billion in revolving credit. The financing provides liquidity for Tesla's planned $25 billion in 2026 capital expenditures focused on AI infrastructure, robotics, and new product development including the Cybercab, Optimus, and Tesla Semi. Tesla has no current borrowings under these facilities and does not plan to draw on them in 2026.