UBS raised the firm’s price target on Woodward (WWD) to $345 from $329 and keeps a Buy rating on the shares. Woodward is seeing strong aftermarket growth as LEAP and GTF engines move into heavier repair cycles, the analyst tells investors in a research note. The firm estimates a 42% compound annual growth rate for current-generation narrowbody engine revenue through 2030 and 22% through 2040, driving total commercial aftermarket CAGRs of 19% and 13% over the same periods.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWD:
- Navigating Technological Challenges: Woodward’s Strategy for Innovation and Market Adaptation
- Woodward’s Earnings Call: Record Revenue and Strategic Growth
- Woodward price target raised to $305 from $294 at Truist
- Woodward price target raised to $329 from $303 at UBS
- Woodward Reports Record Sales and Earnings for 2025