Baird Reiterates Buy Rating for Applied Aerospace & Defense, Inc. (AADX)
Baird reaffirms its buy rating on Applied Aerospace & Defense with a $30 target, a 31.69% upside from the current price.
Key Points
- On June 29, 2026, Baird analyst Peter Arment reiterated a buy rating on Applied Aerospace & Defense, Inc. (AADX), setting a price target of $30.
- Baird's $30 price target implies 31.69% upside from Applied Aerospace & Defense, Inc.'s ($AADX) current $22.78 share price.
- Shares of NYSE:AADX traded at $20.73 on Wednesday, with a market cap reflecting its position in the aerospace and defense industry.
- Other analysts including Morgan Stanley and RBC Capital have recently initiated coverage with ratings ranging from hold to buy.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 29, 2026, Baird analyst Peter Arment reiterated a buy rating on Applied Aerospace & Defense, Inc. (NYSE:AADX) and set a price target of $30. This move reflects Baird's continued confidence in the company's prospects in the aerospace and defense sector.
Baird vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Applied Aerospace & Defense, Inc. Stock Up 71.3%
Shares of Applied Aerospace & Defense, Inc. traded near $20.73 on Wednesday. The company, which operates in the aerospace and defense industry, has a forward P/E ratio of 54.2, indicating high growth expectations despite its current unprofitability. The stock's 52-week range is between $17.08 and $23.00, with a 50-day moving average of $19.46 and a 200-day moving average also at $19.46. The company's financial health shows a current ratio of 2.09 and a quick ratio of 1.63, though it carries a high debt-to-equity ratio of 445.3.
$AADX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Applied Aerospace & Defense reported revenue of approximately $522.1 million, reflecting a growth rate of 21%. However, the company is currently unprofitable, with a net margin of -4.76% and an EPS of -$0.71. Investors may be watching closely as the company works to improve its financial performance.
Analysts Set New Price Targets
On June 29, 2026, several firms initiated coverage of Applied Aerospace & Defense. Morgan Stanley started with a hold rating and a $23 target, while RBC Capital, Stifel, and B of A Securities each initiated with a buy rating and a $24 target. These new ratings suggest a generally positive outlook for the company's stock.
About Applied Aerospace & Defense, Inc.
Applied Aerospace & Defense, Inc., headquartered in Huntsville, Alabama, designs, engineers, and manufactures integrated subsystems for aerospace and defense applications. The company serves space, defense aviation, and precision strike systems markets, providing components such as propellant tanks, engine nozzles, and radar systems. Led by CEO James William Ferguson III, the company employs over 1,500 people and operates as a subsidiary of AA&D Holdings, LP.
Bottom Line
Baird's reaffirmation of a buy rating with a $30 price target underscores its confidence in Applied Aerospace & Defense's potential. Investors often track these analyst ratings closely as they provide insights into market sentiment. It's important to note that these ratings are based on past performance and expectations, which may not reflect current conditions.
Get Applied Aerospace & Defense, Inc. alerts
New 13F filings, insider trades, and analyst moves on $AADX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.