Truist raised the firm’s price target on RBC Bearings (RBC) to $405 from $375 and keeps a Buy rating on the shares after its Q4 earnings beat. The management’s outlook was in line with Street and while FY26 annual guidance was not provided, the company is calling for at least 15% y/y growth in commercial aero and mid-single-digit growth in defense, the analyst tells investors in a research note. Truist adds that it is assuming that RBC’s gross margin expansion of 50-110bps in FY26 will be largely driven by the A&D segment.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBC:
- RBC Bearings: Strong Performance and Promising Future Potential Justify Buy Rating
- RBC Bearings’ Strong Financial Performance and Reduced Leverage Justify Buy Rating
- RBC Bearings Reports Strong Fiscal 2025 Results
- Charter to combine with Cox, Take-Two reports mixed Q4 results: Morning Buzz
- RBC Bearings reports Q4 adjusted EPS $2.83, consensus $2.70