Applied Aerospace & Defense (NYSE:AADX) Price Target Cut to $15.00 by Analysts at Royal Bank Of Canada

Key Points

• Royal Bank of Canada cut its price target on Applied Aerospace & Defense from $18 to $15 but maintained an “outperform” rating; the new target implies 71.23% upside from the prior close.
• Analyst opinions are mixed, though the consensus rating is “Moderate Buy” with a $22.22 price target.
• Shares fell 5.8% Thursday. The company beat quarterly EPS estimates, but below-consensus 2026 revenue guidance and supplier constraints delaying up to $20 million in revenue weighed on the outlook.

Applied Aerospace & Defense (NYSE:AADX - Get Free Report) had its price objective decreased by analysts at Royal Bank Of Canada from $18.00 to $15.00 in a report issued on Thursday, Benzinga reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's target price suggests a potential upside of 71.23% from the stock's previous close.

A number of other analysts have also recently weighed in on AADX. Weiss Ratings assumed coverage on shares of Applied Aerospace & Defense in a research note on Friday, August 28th. They set a "sell (d)" rating on the stock. Morgan Stanley increased their price target on Applied Aerospace & Defense from $16.00 to $17.00 and gave the company an "equal weight" rating in a research note on Thursday. Stifel Nicolaus cut their price objective on Applied Aerospace & Defense from $24.00 to $18.00 and set a "buy" rating on the stock in a report on Thursday. Jefferies Financial Group set a $20.00 price objective on Applied Aerospace & Defense in a research report on Monday, October 5th. Finally, Guggenheim assumed coverage on Applied Aerospace & Defense in a report on Monday, September 14th. They issued a "buy" rating and a $30.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Applied Aerospace & Defense has a consensus rating of "Moderate Buy" and a consensus price target of $22.22.

Applied Aerospace & Defense Stock Down 5.8%

Shares of AADX stock traded down $0.54 on Thursday, reaching $8.76. The stock had a trading volume of 269,872 shares, compared to its average volume of 1,775,765. Applied Aerospace & Defense has a 12 month low of $8.40 and a 12 month high of $24.24. The company has a quick ratio of 2.08, a current ratio of 2.51 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $1.51 billion and a price-to-earnings ratio of -35.04. The stock's 50-day moving average price is $11.44.

Applied Aerospace & Defense (NYSE:AADX - Get Free Report) last released its quarterly earnings data on Thursday, November 12th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.09. The company had revenue of $182.06 million for the quarter. On average, sell-side analysts forecast that Applied Aerospace & Defense will post -0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. State Street Corp acquired a new stake in Applied Aerospace & Defense in the 3rd quarter worth $7,172,000. Voya Investment Management LLC bought a new stake in shares of Applied Aerospace & Defense during the 3rd quarter worth $21,368,000. Roubaix Capital LLC lifted its position in shares of Applied Aerospace & Defense by 98.3% during the 3rd quarter. Roubaix Capital LLC now owns 508,131 shares of the company's stock worth $6,113,000 after buying an additional 251,891 shares during the last quarter. First Eagle Investment Management LLC lifted its position in shares of Applied Aerospace & Defense by 224.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 811,000 shares of the company's stock worth $9,756,000 after buying an additional 561,000 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in Applied Aerospace & Defense in the third quarter valued at about $241,000.

Key Stories Impacting Applied Aerospace & Defense

Here are a few of the latest stories about AADX:

• Positive Sentiment: Applied Aerospace & Defense reported a record backlog of nearly $1.3 billion, supporting future demand. Applied Aerospace & Defense: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: Full-year 2026 revenue guidance of $660–$670 million was below the roughly $682 million consensus, disappointing investors despite the quarterly beat. Applied Aerospace & Defense reports Q3 revenue growth but shares fall on 2026 guidance
• Negative Sentiment: Supplier constraints are expected to push as much as $20 million of revenue into 2027, adding to near-term uncertainty. Applied Aerospace & Defense: 3 Key Takeaways for Long-Term Investors

Applied Aerospace & Defense Company Profile

Applied Aerospace and Defense Inc. specializes in providing advanced design, engineering and vertically integrated manufacturing solutions for next-generation space and defense technology companies. Its core service offerings include design and analysis, fabrication and assembly and inspection, qualification and testing. Applied Aerospace and Defense Inc. is based in HUNTSVILLE, United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.