-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
Dana Incorporated (DAN) posted Q1 adjusted EBITDA of $171M vs. $93M (+84%), ahead of the $160M consensus. Revenue rose 5% to $1.87B ($40M ahead of consensus) and adjusted EBITDA margin expanded 400 bps to 9.2% (40 bps above consensus). DAN's Q1 adjusted EBITDA margin expansion was due to cost savings and efficiency improvements. Management said it realized $35M in additional cost savings during Q1. DAN reaffirmed its prior 2026 guidance, and management said the Dana 2030 plan outlines a clear path to higher sales, structurally higher margins, and increased adjusted free cash flow generation. DAN said it repurchased 4.4M shares for $125M in Q1. The company also currently pays a $0.48/share annualized dividend. DAN's shares were little changed following the release. DAN was the best-performing stock in the auto supplier space by a wide margin in 2025 (+110% vs. +16% for the S&P 500), and we consider management's significant margin improvement progress and aggressive share repurchases as positives.