Applied Aerospace & Defense (NYSE:AADX) Stock Gets Price Target Boost from Morgan Stanley

Applied Aerospace & Defense (NYSE:AADX) had its target price raised by equities research analysts at Morgan Stanley from $16.00 to $17.00 in a research note issued on Thursday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley‘s target price would suggest a potential upside of 83.78% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada reduced their price target on shares of Applied Aerospace & Defense from $21.00 to $18.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. Guggenheim initiated 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. Weiss Ratings started coverage on Applied Aerospace & Defense in a report on Friday, August 28th. They issued a “sell (d)” rating for the company. Jefferies Financial Group set a $20.00 target price on Applied Aerospace & Defense in a report on Monday, October 5th. Finally, Stifel Nicolaus lowered their target price on Applied Aerospace & Defense from $24.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Applied Aerospace & Defense presently has an average rating of “Moderate Buy” and a consensus price target of $22.56.

Applied Aerospace & Defense Stock Performance

Shares of Applied Aerospace & Defense stock opened at $9.25 on Thursday. Applied Aerospace & Defense has a one year low of $8.40 and a one year high of $24.24. The stock has a market capitalization of $1.59 billion and a P/E ratio of -37.00. The stock’s 50 day moving average is $11.44. 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 (NYSE:AADX) last posted its quarterly earnings results on Thursday, November 12th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.09 by $0.09. The company had revenue of $182.06 million for the quarter. On average, analysts predict that Applied Aerospace & Defense will post -0.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Voya Investment Management LLC purchased a new stake in Applied Aerospace & Defense in the 3rd quarter valued at $21,368,000. First Eagle Investment Management LLC boosted 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 purchasing an additional 561,000 shares in the last quarter. State Street Corp acquired a new position in Applied Aerospace & Defense during the third quarter worth about $7,172,000. Roubaix Capital LLC increased its stake in Applied Aerospace & Defense by 98.3% in the 3rd quarter. Roubaix Capital LLC now owns 508,131 shares of the company’s stock valued at $6,113,000 after purchasing an additional 251,891 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of Applied Aerospace & Defense during the 2nd quarter worth $8,373,000.

More Applied Aerospace & Defense News

Investors following AADX have been watching these news items:

• Positive Sentiment: Third-quarter revenue rose 48.6% to $182.1 million, while earnings of $0.18 per share topped the $0.09 consensus estimate. Applied Aerospace & Defense Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Demand from the space and defense markets remains strong, and the company reported a record backlog of nearly $1.3 billion, supporting longer-term revenue visibility. Applied Aerospace & Defense: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: AADX forecast 2026 revenue of $660 million–$670 million, below the $682 million analyst consensus. Supplier constraints are expected to push as much as $20 million of revenue into 2027, contributing to concerns about near-term execution and the outlook. Applied Aerospace & Defense reports 48.6% revenue growth to $182.1 million in Q3 but shares fall on 2026 guidance

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.