Applied Aerospace & Defense (NYSE:AADX) Stock Price Target Cut by Royal Bank Of Canada

Applied Aerospace & Defense (NYSE:AADX) had its target price lowered by investment analysts at Royal Bank Of Canada from $18.00 to $15.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target points to a potential upside of 71.23% from the stock’s current price.

AADX has been the subject of a number of other reports. Jefferies Financial Group set a $20.00 price target on Applied Aerospace & Defense in a research report on Monday, October 5th. Bank of America cut their price objective on Applied Aerospace & Defense from $24.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Morgan Stanley boosted their price target on shares of Applied Aerospace & Defense from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Thursday. Guggenheim began coverage on shares of Applied Aerospace & Defense in a report on Monday, September 14th. They set a “buy” rating and a $30.00 price objective for the company. Finally, Weiss Ratings began coverage on shares of Applied Aerospace & Defense in a research note on Friday, August 28th. They set a “sell (d)” rating for the company. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Applied Aerospace & Defense currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.22.

Applied Aerospace & Defense Stock Down 5.8%

AADX stock traded down $0.54 during mid-day trading on Thursday, reaching $8.76. 269,872 shares of the company traded hands, compared to its average volume of 1,775,765. The firm has a market cap of $1.51 billion and a PE ratio of -35.04. The company has a current ratio of 2.51, a quick ratio of 2.08 and a debt-to-equity ratio of 0.51. Applied Aerospace & Defense has a fifty-two week low of $8.40 and a fifty-two week high of $24.24. The company has a 50 day simple moving average of $11.44.

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

Hedge Funds Weigh In On Applied Aerospace & Defense

Several institutional investors have recently made changes to their positions in AADX. Wellington Management Group LLP purchased a new stake in Applied Aerospace & Defense in the 2nd quarter worth about $8,373,000. B. Metzler seel. Sohn & Co. AG purchased a new position in shares of Applied Aerospace & Defense during the second quarter valued at approximately $3,044,000. Bfsg LLC purchased a new position in shares of Applied Aerospace & Defense during the third quarter valued at approximately $1,882,000. Squarepoint Ops LLC purchased a new position in shares of Applied Aerospace & Defense during the second quarter valued at approximately $1,232,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Applied Aerospace & Defense during the third quarter valued at approximately $29,000.

Key Stories Impacting Applied Aerospace & Defense

Here are a few of the latest stories about AADX:

• Positive Sentiment: Third-quarter revenue rose 48.6% to $182.1 million, and earnings of $0.18 per share beat the $0.09 consensus estimate. The company also cited strong demand across space and defense markets. Applied Aerospace & Defense Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Applied Aerospace & Defense reported a record backlog of nearly $1.3 billion, supporting future demand. Applied Aerospace & Defense: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: Full-year 2026 revenue guidance of $660–$670 million was below the roughly $682 million consensus, disappointing investors despite the quarterly beat. Applied Aerospace & Defense reports Q3 revenue growth 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.