BTIG analyst Andre Madrid maintained a Buy rating on Amentum Holdings, Inc. yesterday and set a price target of $30.00.
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Andre Madrid has given his Buy rating due to a combination of factors including Amentum Holdings, Inc.’s strong financial performance and promising future outlook. The company’s fourth-quarter earnings exceeded expectations, with adjusted earnings per share surpassing both consensus and BTIG estimates, driven by robust operating profits and higher revenues, particularly in the Global Engineering Solutions segment.
Additionally, Amentum’s revenue and adjusted EBITDA both outperformed forecasts, with significant contributions from Digital Solutions and Global Engineering Solutions. The company’s backlog and recent contract awards, such as the Space Force Range Contract and other significant agreements, further bolster its growth prospects. Furthermore, Amentum’s efforts to reduce net leverage and its FY2026 outlook, which aligns with consensus expectations, underscore its financial stability and potential for continued growth.