Dana raised its full-year 2026 sales guidance to a range of $7.65 billion to $7.85 billion following its second-quarter results and an update on share repurchases. The company is also executing an accelerated buyback that could reduce its share count by roughly 25%, while using proceeds from the Off-Highway sale to cut leverage below 1 times EBITDA. A widely followed narrative places Dana's fair value at $37.57 per share, implying the stock is about 24% undervalued relative to its last close of $28.44. The valuation case rests on faster revenue growth, sharply higher margins, and the tighter share count, though heavier customer concentration and any shortfall in cost savings could challenge that view.
Dana IncRaised 2026 sales guidance and announced accelerated buyback reducing share count by ~25%, with leverage cut below 1x EBITDA.
