Applied Aerospace & Defense (NYSE:AADX) Price Target Raised to $17.00

Applied Aerospace & Defense (NYSE:AADX) had its target price upped by Morgan Stanley from $16.00 to $17.00 in a research note released on Thursday morning,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

AADX has been the topic of a number of other research reports. Jefferies Financial Group set a $20.00 price target on Applied Aerospace & Defense in a research report on Monday, October 5th. Weiss Ratings began coverage on Applied Aerospace & Defense in a research report on Friday, August 28th. They set a “sell (d)” rating for the company. Royal Bank Of Canada lowered their price objective on Applied Aerospace & Defense from $21.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, October 28th. Guggenheim started coverage on Applied Aerospace & Defense in a research note on Monday, September 14th. They issued a “buy” rating and a $30.00 price objective on the stock. Finally, Bank of America reduced their target price on Applied Aerospace & Defense from $24.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $20.56.

Applied Aerospace & Defense Price Performance

Shares of Applied Aerospace & Defense stock traded down $0.30 during trading on Thursday, hitting $8.37. The company’s stock had a trading volume of 1,758,001 shares, compared to its average volume of 2,377,180. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.08 and a current ratio of 2.51. Applied Aerospace & Defense has a 52 week low of $8.27 and a 52 week high of $24.24. The stock has a market capitalization of $1.44 billion and a PE ratio of -33.48. The firm’s 50-day moving average is $11.28.

Applied Aerospace & Defense (NYSE:AADX) last posted its quarterly earnings data on Thursday, November 12th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.09. The company had revenue of $182.06 million during the quarter. On average, equities analysts predict that Applied Aerospace & Defense will post -0.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. lifted its stake in shares of Applied Aerospace & Defense by 1,171.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,199 shares of the company’s stock valued at $26,000 after purchasing an additional 2,026 shares during the period. Farther Finance Advisors LLC acquired a new stake in Applied Aerospace & Defense during the third quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new stake in Applied Aerospace & Defense during the third quarter worth approximately $29,000. Mountain Hill Investment Partners Corp. bought a new stake in Applied Aerospace & Defense in the third quarter worth approximately $60,000. Finally, State of Wyoming bought a new stake in Applied Aerospace & Defense in the third quarter worth approximately $80,000.

Key Headlines Impacting Applied Aerospace & Defense

These are some of the AADX headlines that stood out recently:

• Positive Sentiment: AADX reported third-quarter EPS of $0.18, double the $0.09 consensus estimate, and the quarter was described as delivering record revenue. Applied Aerospace & Defense Q3 2026: Record Revenue, Guidance Disappoints
• Positive Sentiment: Guggenheim cut its target to $15 from $30 but kept a Buy rating; Stifel also maintained Buy with an $18 target. These ratings signal continued analyst optimism even as targets were reset. Guggenheim stock recommendations Stifel Nicolaus stock recommendations
• Neutral Sentiment: Morgan Stanley raised its target to $17 from $16 but kept an Equal Weight rating, reflecting a more cautious view relative to the Buy-rated analysts. Morgan Stanley stock recommendations

About Applied Aerospace & Defense

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.