Overview
- At its Investor Day, the company lifted 2026 revenue guidance to $41–$42 billion and set a 2028 target of $52 billion.
- Shares hit an intraday peak of $731 and closed up 15.6% at $723 after the announcements.
- Management forecast adjusted EBITDA growth of 11%–13% in 2026, rising toward 20% by 2028.
- Segment plans call for electrification growth of about 20% in 2026 and high teens in 2028, with power up 16%–18% next year and high teens over three years.
- Capital returns include a dividend increase to $0.50 per share, payable February 2, 2026 to holders of record January 5, and an expanded share repurchase authorization of $10 billion.