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Added to YB: 2026-09-08

Pitch date: 2026-09-04

AADX [bullish]

Applied Aerospace & Defense, Inc.

Author Info

Monte Independent Investment Research is a small- and mid-cap industrials research firm that specializes in uncovering value in small- and mid-cap industrials through a hybrid research approach that blends top-down market analysis with bottom-up company fundamentals. Sign up for the newsletter.

Company Info

Applied Aerospace & Defense, Inc. designs, engineers, and manufactures integrated aerospace and defense subsystems for space and defense applications.

Market Cap

$2.2B

Pitch Price

N/A

Price Target

43.00 (+233%)

Dividend

N/A

EV/EBITDA

-254.72

P/E

-12.80

EV/Sales

4.59

Sector

Aerospace and Defense

Category

growth

Show full summary:
Research & Analysis: Applied Aerospace & Defense (NYSE: AADX) q2’26 Earnings Update

AADX (earnings): Applied Aerospace earns a cautious Buy view and a $43 target after its post-IPO pullback, supported by Q2 revenue growth of 47% to $167M and backlog growth of roughly 30% to $1.13B. New-program starts compressed margins but are expected to ease in H2, while 40% excess manufacturing capacity supports operating leverage. Key risks are dependence on government-funded programs, customer concentration and potential additional capital needs.

Read full article (5 min)