Applied Aerospace & Defense (NYSE:AADX) Stock Gets Price Target Trim from Stifel Nicolaus

Applied Aerospace & Defense (NYSE:AADX) had its target price reduced by Stifel Nicolaus from $24.00 to $18.00 in a research report released on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other analysts have also recently issued reports on the stock. Guggenheim started coverage on shares of Applied Aerospace & Defense in a research note on Monday, September 14th. They issued a “buy” rating and a $30.00 target price for the company. Morgan Stanley dropped their price target on shares of Applied Aerospace & Defense from $24.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Weiss Ratings started coverage on shares of Applied Aerospace & Defense in a report on Friday, August 28th. They set a “sell (d)” rating on the stock. Bank of America reduced their price objective on shares of Applied Aerospace & Defense from $24.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Finally, Royal Bank Of Canada reduced their price objective on shares of Applied Aerospace & Defense from $21.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, October 28th. One investment 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $20.56.

Applied Aerospace & Defense Trading Down 3.5%

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

Applied Aerospace & Defense (NYSE:AADX) last announced its quarterly earnings results on Thursday, November 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.09. The firm had revenue of $182.06 million for the quarter. As a group, sell-side analysts expect that Applied Aerospace & Defense will post -0.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Applied Aerospace & Defense

Several institutional investors and hedge funds have recently added to or reduced their stakes in AADX. State Street Corp acquired a new position in Applied Aerospace & Defense during the third quarter valued at approximately $7,172,000. Voya Investment Management LLC acquired a new stake in shares of Applied Aerospace & Defense in the third quarter worth $21,368,000. Roubaix Capital LLC lifted its stake in shares of Applied Aerospace & Defense by 98.3% in the third 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 stake in shares of Applied Aerospace & Defense by 224.4% in the third 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 bought a new stake in shares of Applied Aerospace & Defense during the 3rd quarter worth $241,000.

Recent Applied Aerospace & Defense Headlines

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
• Negative Sentiment: Several firms lowered targets, including RBC to $15 from $18 and Stifel to $18 from $24. While RBC retained Outperform and Stifel retained Buy, the reductions suggest analysts have tempered expectations. Royal Bank of Canada 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.