From what 6 stock analysts predict, the share price for AAR Corp (AIR) might increase by 27.16% in the next year. This is based on a 12-month average estimation for AIR. Price targets go from $81 to $85. The majority of stock analysts believe AIR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedAIR 3 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect AAR Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AIR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AIR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ken Herbert RBC Capital | Outperform | $85 | Reiterates | Sep 24, 2024 |
Josh Sullivan Benchmark | Buy | $83 | Reiterates | Sep 24, 2024 |
Bert Subin Stifel | Buy | $85 | Maintains | Jul 19, 2024 |
Ken Herbert RBC Capital | Outperform | $85 | Maintains | Jul 19, 2024 |
Ken Herbert RBC Capital | Outperform | $80 | Reiterates | May 24, 2024 |
Bert Subin Stifel | Buy | $86 | Maintains | May 14, 2024 |
Josh Sullivan Benchmark | Buy | $83 | Maintains | Apr 15, 2024 |
Ken Herbert RBC Capital | Outperform | $80 | Reiterates | Mar 22, 2024 |
Josh Sullivan Benchmark | Buy | $65 | Reiterates | Mar 22, 2024 |
Louie DiPalma William Blair | Outperform | Initiates | Jan 29, 2024 | |
Bert Subin Stifel | Buy | $81 | Maintains | Dec 22, 2023 |
Michael Ciarmoli Truist Securities | Buy | $81 | Maintains | Dec 22, 2023 |
Bert Subin Stifel | Buy | $80 | Initiates | Dec 1, 2023 |
Ken Herbert RBC Capital | Outperform | $70 | Maintains | Sep 27, 2023 |
Josh Sullivan Benchmark | Buy | $65 | Reiterates | Sep 27, 2023 |
Ken Herbert RBC Capital | Outperform | $66 | Maintains | Jul 19, 2023 |
Michael Ciarmoli Truist Securities | Buy | $68 | Maintains | Jul 19, 2023 |
Josh Sullivan Benchmark | Buy | $55 | Maintains | Mar 22, 2023 |
Michael Ciarmoli Truist Securities | Buy | $60 | Maintains | Mar 22, 2023 |
Ken Herbert RBC Capital | Outperform | $58 | Maintains | Mar 22, 2023 |
When did it IPO
1984
Staff Count
5,700
Country
United States
Sector/Industry
Industrials/Aerospace & Defense
CEO
Mr. John McClain Holmes III
Market Cap
$2.33B
In 2023, AIR generated $1.99B in revenue, which was a increase of 9.37% from the previous year. This can be seen as a signal that AIR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - AIR, BZH, and BRY have been assigned a Zacks Rank #5 (Strong Sell) as of October 1, 2024, indicating a potential decline in their stock performance.
Why It Matters - The addition of AIR, BZH, and BRY to the Zacks Rank #5 list signals potential underperformance, suggesting investors may want to reconsider their positions in these stocks.
Summary - Trax has transitioned WestJet Airlines to its web-based eMRO product and cloud hosting, enhancing mobile maintenance solutions for improved operational flexibility.
Why It Matters - Trax's upgrade of WestJet's maintenance solutions enhances operational efficiency and flexibility, potentially leading to cost savings and improved service quality, positively impacting investor sentiment.
Summary - AIR secures a contract with the U.S. Navy for maintenance and repair services of the P-8A Poseidon Aircraft, indicating a growth opportunity in defense contracts.
Why It Matters - AIR's contract with the U.S. Navy enhances its revenue stream and credibility in defense, potentially boosting stock value and attracting investment interest.
Summary - AAR's Q1 FY25 sales rose 20%, supported by aftermarket demand. Despite risks, a buy rating and $86 FY26 price target reflect growth potential from capacity expansions.
Why It Matters - AAR's strong Q1 sales growth and capacity expansions signal potential upside, despite current underperformance. A buy rating and $86 target reflect confidence in future profitability amidst risks.
Summary - AAR Corp. reported 20.4% sales growth in Q1 2025, driven by increased demand in commercial aerospace, particularly parts supply. Strong growth potential is expected from MRO demand exceeding supply.
Why It Matters - AAR Corp.'s 20.4% sales growth signals strong demand in aerospace, indicating potential for sustained profitability and market share gains amid increasing MRO demand outpacing supply.
Summary - AIR reported Q1 net sales of $661.7 million, exceeding estimates by 2.5% and up 20.4% from $549.7 million year-over-year.
Why It Matters - AIR's strong sales growth and beat of analyst estimates indicate robust demand and potential for continued profitability, positively influencing investor sentiment and stock performance.