Dana Incorporated Reports Strong 2025 Results, Outlines Promising 2026 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Should l Buy DAN?
Source: PRnewswire
- Strong 2025 Performance: Dana Incorporated reported preliminary sales of $7.5 billion for 2025, exceeding expectations, which reflects the company's robust execution in completing its Off-Highway divestiture and achieving significant cost savings, thereby enhancing its financial flexibility.
- 2026 Profitability Outlook: The company anticipates adjusted EBITDA for 2026 to be between $750 million and $850 million, with EBITDA margins expected to rise to 10% to 11%, laying a solid foundation for Dana's long-term value creation.
- New Business Growth Potential: Dana's three-year backlog totals $750 million, with an expected $200 million in incremental growth in 2026 driven by collaborations on next-generation platforms with global OEMs, further solidifying its market position.
- Capital Return Strategy: Dana plans to continue its $1 billion capital return initiative and complete its $325 million cost-reduction program in 2026, demonstrating the company's ongoing commitment to shareholder returns and operational excellence.
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Analyst Views on DAN
Wall Street analysts forecast DAN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAN is 26.60 USD with a low forecast of 24.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 30.400
Low
24.00
Averages
26.60
High
28.00
Current: 30.400
Low
24.00
Averages
26.60
High
28.00
About DAN
Dana Incorporated specializes in designing and manufacturing propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The Company is providing solutions for on-highway vehicles. The Company's technologies include drive systems (axles, driveshafts and transmissions); electrodynamic technologies (motors, inverters, software and control systems, battery-management systems, and fuel cell plates); sealing solutions (gaskets, seals, cam covers, and oil pan modules); thermal-management technologies (transmission and engine oil cooling, battery and electronics cooling, charge air cooling, and thermal-acoustical protective shielding), and digital solutions (active and passive system controls and descriptive and predictive analytics). The Company serves its global light vehicle and medium/heavy vehicle markets through two business units: Light Vehicle Systems and Commercial Vehicle Systems.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Release Schedule: Dana Incorporated will release its fourth-quarter and full-year financial results for 2025 on February 18, 2026, with a press release expected at 7 a.m. EST, followed by a conference call at 9 a.m. to discuss the results and answer questions.
- Participation Details: The conference call can be accessed via domestic and international dial-in numbers, with Conference ID 9943139; the toll-free number for domestic participants is 1 (888) 440-5873, and the international dial-in number is 1 (646) 960-0319, ensuring easy access for investors.
- Online Access: Audio streaming and slides will be available on Dana's investor website, allowing investors to listen to the conference in real-time, thereby enhancing information transparency and engagement.
- Company Overview: Dana Incorporated is a leader in designing and manufacturing efficient propulsion and energy-management solutions, with projected sales of $7.5 billion in 2025 and a workforce of 28,000 across 24 countries, showcasing its significant market presence and commitment to sustainable progress.
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- Earnings Release Schedule: Dana Incorporated is set to announce its fourth-quarter and full-year financial results for 2025 on February 18, 2026, with a press release at 7 a.m. EST followed by a conference call at 9 a.m. EST to discuss the results and answer questions.
- Conference Call Access: Participants can join the call using the provided dial-in information, with a toll-free number for domestic calls at 1 (888) 440-5873 and an international dial-in number at 1 (646) 960-0319, ensuring easy access for investors.
- Online Audio Streaming: During the call, Dana will offer audio streaming and slides via its investor website, enhancing investor engagement and ensuring transparency of information shared during the discussion.
- Company Overview: Dana reported preliminary sales of $7.5 billion in 2025, employing 28,000 people across 24 countries, highlighting its leadership in providing propulsion and energy management solutions globally.
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- Successful Business Sale: Dana Incorporated completed the sale of its Off-Highway business for $2.7 billion, resulting in net proceeds of $2.4 billion, which enhances financial flexibility amid tariff challenges and reflects strong strategic execution.
- EBITDA Target Increase: Management raised the 2026 EBITDA target range to 10%-11%, up from the previous 10%-10.5%, indicating confidence in future profitability and potential shareholder returns.
- Cost Reduction Plan: Dana increased its cost reduction target for 2026 to $325 million, exceeding the prior target of $310 million, demonstrating ongoing efforts to optimize operational efficiency and improve margins.
- Stable Market Outlook: While 2026 sales are expected to be flat at around $7.5 billion, the company's robust $750 million backlog and focus on the North American market suggest future growth potential, particularly in the aftermarket segment.
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- Strong Performance: Dana's preliminary FY25 sales reached $7.5 billion, exceeding the expected range of $7.3 billion to $7.5 billion, with adjusted operating income of $600 million, showcasing significant financial flexibility during its transformation.
- Share Price Surge: Following robust performance, Dana's shares surged over 10%, reflecting market optimism regarding the company's future growth potential, particularly after the sale of its Off-Highway business.
- Cost-Saving Initiatives: Dana anticipates completing its $325 million cost-reduction program in 2026 while continuing a $1 billion capital return plan, which will further enhance profitability and competitive positioning.
- Long-Term Growth Outlook: The company expects 2026 sales between $7.3 billion and $7.7 billion, surpassing the street consensus of $7.63 billion, with an anticipated $200 million in incremental new business growth from next-generation platforms, indicating sustainable long-term value creation potential.
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- Sales Outlook Optimistic: Dana projects FY 2025 sales of approximately $7.5 billion, surpassing the market consensus of $7.42 billion, indicating strong performance and growth potential in the market.
- Profitability Improvement: The company anticipates FY 2025 EBITDA of around $600 million, representing 8% of sales, reflecting significant progress in cost control and profitability enhancement.
- New Business Growth Potential: Dana's three-year new business backlog totals $750 million, driven by new program awards and increased content in both light and commercial vehicle segments, with an expected $200 million incremental growth in 2026.
- Positive Future Outlook: Dana expects FY 2026 sales between $7.30 billion and $7.70 billion, with EBITDA projected between $750 million and $850 million, demonstrating confidence in future market demand.
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- Full-Year Performance: Dana Incorporated reported approximately $7.5 billion in sales for 2023 and an adjusted EBITDA of about $600 million, indicating strong market performance and robust financial health.
- 2026 Sales Guidance: The company provided preliminary sales guidance for 2026 in the range of $7.30 billion to $7.70 billion, reflecting confidence in future growth and offering clear financial expectations for investors.
- Margin Improvement: Dana raised its 2026 margin guidance midpoint to 10.5%, which not only demonstrates effective cost control but may also enhance investor confidence in the company's profitability.
- Stock Price Movement: Despite Dana's shares closing down 1.02% at $27.25 on Tuesday, the positive performance and outlook released by the company could attract more investor interest in the near future.
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