Air Industries Group (AIRI) AI Stock Analysis

• Market Cap: $15.44M
• Dividend Yield: N/A
• Average Volume (3M): 46.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: -6.77%
• EPS Growth: -192.82%
• Country: US
• Employees: 184
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): N/A
• Shares Outstanding: 4,781,054
• 10 Day Avg. Volume: 53,751
• 30 Day Avg. Volume: 46,216
• PEG Ratio: 0.33
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.31
• P/FCF Ratio: -3.14
• Enterprise Value/Market Cap: 2.23
• Enterprise Value/Revenue: 0.72
• Enterprise Value/Gross Profit: 4.30
• Enterprise Value/Ebitda: 7.82
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $3.00 ▼(-2.91% Downside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is held down mainly by weak and inconsistent fundamentals (continued net losses and unstable free cash flow) and bearish technical signals. Valuation is a partial offset with a low P/E, while the earnings call showed improving operations and the merger could add scale—but dilution and execution risk limit the upside in the near term.

Positive Factors

Material improvement in operating margins

The sharp step-up in 2025 operating margins and EBITDA indicates the company has executed cost controls and improved manufacturing efficiency. Durable margin expansion supports sustainable cash generation potential if volumes hold, improving resilience to revenue cyclicality and strengthening operating leverage over the medium term.

Negative Factors

Inconsistent free cash flow generation

Material volatility in free cash flow limits the firm's ability to self-fund investments, service debt, and absorb program timing shocks. Recurrent swings mean the company may remain reliant on external financing or strategic transactions to sustain growth, reducing financial flexibility and increasing refinancing risk over the medium term.

Air Industries Group Business Overview & Revenue Model

Company Description

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the Unite...

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Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the Unite...

How the Company Makes Money

Air Industries Group makes money primarily by manufacturing and delivering aerospace and defense components and assemblies to customers under contract, recognizing revenue as products are shipped/delivered and/or as performance obligations are sat...

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Air Industries Group makes money primarily by manufacturing and delivering aerospace and defense components and assemblies to customers under contract, recognizing revenue as products are shipped/delivered and/or as performance obligations are sat...

Air Industries Group Financial Statement Overview

Breakdown	Dec 2025	Mar 2025	Mar 2024	Dec 2022	Dec 2021
Income Statement
Total Revenue	47.90M	55.11M	51.52M	53.24M	58.94M
Gross Profit	7.51M	8.93M	7.43M	7.45M	10.25M
EBITDA	10.86M	3.45M	2.75M	3.33M	6.19M
Net Income	-1.30M	-1.37M	-2.13M	-1.08M	1.63M
Balance Sheet
Total Assets	58.33B	51.01M	50.72M	53.81M	53.42M
Cash, Cash Equivalents and Short-Term Investments	680.00M	753.00K	346.00K	281.00K	627.00K
Total Debt	702.00M	27.87M	25.77M	28.51M	27.29M
Total Liabilities	39.13B	36.06M	35.52M	36.98M	36.04M
Stockholders Equity	19.20B	14.95M	15.19M	16.84M	17.39M
Cash Flow
Free Cash Flow	-4.67M	-1.98M	2.74M	-1.91M	2.70M
Operating Cash Flow	-1.35M	324.00K	4.86M	448.00K	4.06M
Investing Cash Flow	-3.12M	-2.29M	-2.11M	-2.36M	-1.36M
Financing Cash Flow	8.33M	2.37M	-2.69M	1.57M	-4.58M

Air Industries Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.09
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIRI, the sentiment is Neutral. The current price of 3.09 is below the 20-day moving average (MA) of 3.27, below the 50-day MA of 3.29, and below the 200-day MA of 3.22, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 48.06 is Neutral, neither overbought nor oversold. The STOCH value of 70.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AIRI.

Air Industries Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SIF	63 Neutral	$88.69M	4.74	9.39%	―	-13.90%	87.70%
ASTC	49 Neutral	$7.00M	-0.37	-54.89%	―	3.06%	-14.62%
AIRI	46 Neutral	$15.44M	-11.24	-11.98%	―	-6.77%	-192.82%
XTIA	44 Neutral	$69.02M	>-0.01	-525.25%	―	―	―
MNTS	44 Neutral	$18.79M	-0.10	―	―	-63.81%	81.84%
CVU	42 Neutral	$47.03M	―	-2.26%	―	-13.52%	-103.42%

Air Industries Group Corporate Events