tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Curtiss-Wright’s Strong Growth Potential: Buy Rating Supported by U.S. Navy Revenue and AP1000 Opportunity

Curtiss-Wright’s Strong Growth Potential: Buy Rating Supported by U.S. Navy Revenue and AP1000 Opportunity

William Blair analyst Louie DiPalma has maintained their bullish stance on CW stock, giving a Buy rating on October 23.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Louie DiPalma has given his Buy rating due to a combination of factors that highlight Curtiss-Wright’s strong growth potential. The company’s increased revenue guidance from the U.S. Navy, which is its largest revenue source, reflects a positive outlook. This is supported by the U.S. Navy’s efforts to resolve supply-chain issues, thereby enhancing submarine production rates, which is expected to benefit Curtiss-Wright’s financial performance in the upcoming quarters.
Additionally, the recent $80 billion U.S. government deal with Westinghouse has sparked further interest in the AP1000 opportunity, which is significant for Curtiss-Wright. The company anticipates substantial revenue from supplying reactor cooling pumps for AP1000 reactors, with each reactor generating approximately $120 million in revenue. The high-margin nature of these pumps, coupled with the expected orders starting in 2026, positions Curtiss-Wright favorably for future growth, reinforcing DiPalma’s Buy rating.

In another report released on October 23, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $550.00 price target.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CW in relation to earlier this year.

Disclaimer & DisclosureReport an Issue

1