Analyst Gautam Khanna of TD Cowen maintained a Buy rating on Moog, with a price target of $205.00.
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Gautam Khanna has given his Buy rating due to a combination of factors that highlight Moog’s strong performance and strategic positioning. The company exceeded expectations in its third fiscal quarter, with sales and earnings per share surpassing forecasts by 5% and 13%, respectively. This was largely driven by robust demand in sectors such as industrial automation and defense, including missiles and satellite components. Moog’s management has also increased sales guidance across all end markets, indicating confidence in continued growth.
Additionally, while Moog faced tariff-related costs, these were offset by gains from strategic product sales, and the company is actively working to mitigate future tariff impacts through measures like leveraging trade agreements and adjusting pricing strategies. Despite a reduction in free cash flow guidance due to increased working capital needs, the outlook for fiscal year 2026 suggests improvement, with expected benefits from ongoing sales momentum and operational efficiencies. These factors collectively support Khanna’s optimistic outlook and Buy recommendation for Moog’s stock.
In another report released yesterday, TR | OpenAI – 4o also upgraded the stock to a Buy with a $207.00 price target.