Analyst Noah Poponak of Goldman Sachs maintained a Buy rating on Woodward, with a price target of $329.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Noah Poponak has given his Buy rating due to a combination of factors that highlight Woodward’s strong growth prospects. The company is poised to benefit significantly from its differentiated growth drivers in the commercial aerospace sector, particularly through its substantial content gains on the LEAP engine. Additionally, Woodward is expected to see growth from improved aerospace original equipment (OE), defense, and industrial gas turbines (IGT), as well as marine sectors.
Furthermore, Woodward’s strategic capital expenditures aimed at increasing automation and expanding production capacity are likely to enhance its growth and margin trajectory over the long term. The company’s plans to increase capex in 2026 and 2027 for a new facility, initially for A350 spoilers, demonstrate its commitment to capturing market share and expanding production capabilities. These factors collectively support the positive outlook and justify the Buy rating.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $341.00 price target.
Based on the recent corporate insider activity of 70 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 WWD in relation to earlier this year.