V2X (NYSE:VVX) Issues Earnings Results

V2X (NYSE:VVX) released its quarterly earnings results on Monday. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.15, FiscalAI reports. V2X had a return on equity of 18.14% and a net margin of 1.98%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the firm earned $1.37 earnings per share. The firm’s revenue was up 8.9% compared to the same quarter last year.

Here are the key takeaways from V2X’s conference call:

• V2X raised its 2026 guidance, now expecting revenue of $4.95–$5.10 billion, adjusted EBITDA of $352.5–$367.5 million, adjusted EPS of $6.15–$6.55, and adjusted operating cash flow of $175–$195 million.
• Third-quarter revenue rose 9% to $1.27 billion, while adjusted EPS increased 19% to $1.64. The company booked approximately $1.6 billion of awards, producing a 1.2x quarterly book-to-bill and expanding backlog to $12.8 billion.
• Management sees continued growth in 2027 across revenue, margins, EPS, and free cash flow, supported by only about 6% of revenue subject to recompete, growing Asia-Pacific demand, the T-6 program’s full-year contribution, and higher-margin recent awards.
• Counter-UAS platform Tempest has expanded from one customer to five in a year and completed more than 1,000 successful engagements. V2X is also increasing customer-funded and internal R&D spending to 2.3 times 2025 levels to support product growth and future production awards.
• Middle East revenue fell 30% year over year in the third quarter and is expected to create additional fourth-quarter pressure, with scope changes likely to keep the region at a lower run rate in 2027. National-security activity is visible through mid-2027, but management cautioned that the timing and volume remain dynamic.

V2X Stock Down 2.5%

V2X stock opened at $81.16 on Wednesday. The firm has a market capitalization of $2.54 billion, a P/E ratio of 25.85, a P/E/G ratio of 0.65 and a beta of 0.19. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. V2X has a twelve month low of $50.89 and a twelve month high of $93.98. The stock’s fifty day simple moving average is $74.10 and its 200-day simple moving average is $73.98.

V2X News Roundup

Here are the key news stories impacting V2X this week:

• Positive Sentiment: V2X reported Q3 revenue of $1.27 billion, up 9% year over year, and adjusted EPS of $1.64, ahead of analyst estimates near $1.49–$1.50. Net income rose 30% and adjusted EPS increased 19% year over year. V2X Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 guidance across metrics, forecasting adjusted EPS of $6.15–$6.55 and revenue of $5.0–$5.1 billion. The EPS range’s midpoint is above the cited analyst consensus of $6.24. V2X Increases Earnings Guidance for Full Year 2026
• Neutral Sentiment: Truist reaffirmed its Hold rating while raising its price target from $85 to $87; RBC maintained Sector Perform and lifted its target from $81 to $88. The higher targets are supportive, but both firms retained non-Buy ratings.
• Negative Sentiment: One report characterized growth as slowing and said results missed the “whisper” expectation despite beating published consensus and raising guidance, suggesting some investors may have anticipated an even stronger quarter. V2X Beats Consensus but Misses the Whisper

Analyst Ratings Changes

Several research firms recently issued reports on VVX. Citizens Jmp boosted their price objective on V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Morgan Stanley raised their target price on V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Tuesday, August 4th. Robert W. Baird downgraded V2X from an “outperform” rating to a “neutral” rating and set a $94.00 target price for the company. in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of V2X in a research note on Tuesday, September 8th. Finally, Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $88.90.

V2X Company Profile

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.