Erste Group Bank Forecasts Weaker Earnings for Bae Systems

Key Points

• Erste Group cut its FY2026 EPS estimate for BAE Systems to $4.39 from $4.43, while the Street consensus for the year is $3.82 per share.
• Analyst coverage is mixed but tilted positive — four Buys and three Holds produce a MarketBeat consensus of Moderate Buy — and shares opened at $121.19 (down ~1.1%), trading near a one‑year high of $126.00.

Bae Systems PLC (OTCMKTS:BAESY - Free Report) - Erste Group Bank cut their FY2026 EPS estimates for Bae Systems in a research note issued to investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the aerospace company will post earnings of $4.39 per share for the year, down from their previous forecast of $4.43. The consensus estimate for Bae Systems' current full-year earnings is $3.82 per share.

BAESY has been the subject of several other research reports. Kepler Capital Markets raised shares of Bae Systems from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 6th. Sanford C. Bernstein downgraded shares of Bae Systems from an "outperform" rating to a "market perform" rating in a report on Tuesday, January 6th. Finally, Jefferies Financial Group reissued a "hold" rating on shares of Bae Systems in a report on Wednesday, February 18th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Bae Systems Trading Down 1.1%

Shares of BAESY opened at $121.19 on Wednesday. Bae Systems has a 1 year low of $79.55 and a 1 year high of $126.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.87. The firm has a fifty day moving average of $115.00 and a 200-day moving average of $104.90.

Institutional Investors Weigh In On Bae Systems

Several institutional investors have recently bought and sold shares of the stock. Altrius Capital Management Inc lifted its holdings in Bae Systems by 5.5% in the fourth quarter. Altrius Capital Management Inc now owns 93,878 shares of the aerospace company's stock worth $8,719,000 after purchasing an additional 4,911 shares during the period. Ramirez Asset Management Inc. lifted its holdings in Bae Systems by 6.8% in the fourth quarter. Ramirez Asset Management Inc. now owns 70,620 shares of the aerospace company's stock worth $6,512,000 after purchasing an additional 4,527 shares during the period. First Merchants Corp lifted its holdings in Bae Systems by 3.6% in the fourth quarter. First Merchants Corp now owns 67,568 shares of the aerospace company's stock worth $6,231,000 after purchasing an additional 2,338 shares during the period. Arrow Capital Pty Ltd acquired a new stake in Bae Systems in the third quarter worth about $5,531,000. Finally, Sit Investment Associates Inc. lifted its holdings in Bae Systems by 2.6% in the fourth quarter. Sit Investment Associates Inc. now owns 35,476 shares of the aerospace company's stock worth $3,295,000 after purchasing an additional 910 shares during the period. Institutional investors and hedge funds own 0.21% of the company's stock.

Bae Systems Company Profile

BAE Systems plc is a global defense, security and aerospace company that designs, develops and manufactures a broad range of military and related products and services. Formed in 1999 through the combination of British Aerospace and Marconi Electronic Systems, the company supplies platforms, systems and support across air, land, maritime and cyber domains. Its portfolio spans combat and support aircraft systems, naval shipbuilding and subsystems, armored and land combat solutions, electronic and sensor systems, munitions, and intelligence, surveillance and cybersecurity capabilities.

BAE Systems serves government and military customers worldwide, with particularly large footprints in the United Kingdom and the United States as well as operations and sales across Europe, the Middle East, Australia and other markets.

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