PHINIA is trading 4.55% higher at $65.62 after raising its 2026 outlook in its October 29 third-quarter report.
- The higher outlook covers sales, adjusted EBITDA and adjusted free cash flow. Management cited continued business momentum, aftermarket strength and the expected contribution from recently acquired stoba Group.
- Broader markets are also higher, with major indexes up.
- PHINIA is scheduled to participate in the Gabelli Automotive Symposium at 4:30 p.m. Eastern on November 2. The event was announced in advance, and no new company announcement was found today.