Moog (MOG.A) AI Stock Analysis

• Market Cap: $10.81B
• Dividend Yield: 0.46%
• Average Volume (3M): 235.06K
• Price to Earnings (P/E): 42.1
• Beta (1Y): 1.02
• Revenue Growth: 7.11%
• EPS Growth: 13.43%
• Country: US
• Employees: 13,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 2.63
• Shares Outstanding: 28,429,115
• 10 Day Avg. Volume: 224,566
• 30 Day Avg. Volume: 235,057
• PEG Ratio: 1.90
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 1.68
• P/FCF Ratio: 50.51
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 2.91
• Enterprise Value/Gross Profit: 10.65
• Enterprise Value/Ebitda: 22.26
• 1Y Price Target: $320.00
• Price Target Upside: -5.97% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 10.18
• Revenue Forecast (FY): $4.28B

• Rating: 74 Outperform
• Price Target: $387.00 ▲(13.72% Upside)
• Action: Reiterated Date: 01/31/26
• Date: Action: Reiterated 01/31/26

The score reflects strong earnings-call momentum and guidance (growth, backlog, raised EPS outlook) alongside a strengthening balance sheet and bullish technical trend. These positives are tempered by weak/volatile free-cash-flow conversion and a demanding valuation (high P/E with a low dividend yield).

Positive Factors

Record backlog and bookings

A 30% increase in 12-month backlog provides multi-quarter revenue visibility tied to awarded contracts and program ramps. For an aerospace/defense supplier, a record backlog supports steady production plans, capacity utilization, and predictable aftermarket follow-on revenue over the medium term.

Diversified mission-critical end markets and aftermarket

Moog serves aerospace & defense, industrial and medical markets with engineered, embedded components and aftermarket services. Long platform lifecycles and custom content yield high switching costs and recurring spare/repair revenue, underpinning durable top-line and service margins.

Sharply improved leverage and stronger capitalization

Material reduction in leverage and a rising equity base enhance financial flexibility to fund R&D, capex and strategic investments. Lower leverage also reduces refinancing risk and increases resilience to sector cyclicality, supporting longer-term execution on program ramps.

Negative Factors

Volatile free cash flow conversion

Inconsistent conversion of earnings to free cash flow, driven by inventory and working-capital swings, constrains the company’s ability to self-fund growth, sustain buybacks/dividends or rapidly deleverage. Sustained improvement in cash conversion is required to support strategic flexibility.

Tariff-related margin pressure

Tariff exposure materially compressed margins in Q1 and represents an ongoing regulatory/geo trade risk. Persistent or widening tariff impacts increase input and logistics costs, forcing supply-chain changes and limiting sustainable margin expansion absent structural remediation.

Segment margin fragility and timing-driven bookings

Weakness in commercial-aircraft margins and management's admission that some bookings were timing-driven indicate earnings can be volatile by segment. Mix, pull-ins and timing reduce the predictability of organic growth and can undercut long-term margin improvement plans.

Moog Business Overview & Revenue Model

Company Description

Moog Inc. designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircraft Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for spacecrafts, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles. This segment also offers controls for steering tactical and strategic missiles, and naval surface ships and submarines; and weapons stores management systems for light attack aerial reconnaissance, ground, and sea platforms. The company's Industrial Systems segment provides components and systems for applications in injection and blow molding machinery, metal forming presses, and heavy industry customers in steel and aluminum production; supplies electromechanical motion simulation bases for the flight simulation and training applications; and supplies solutions for power generation applications, as well as custom test systems and controls for automotive, structural, and fatigue testing. This segment also offers systems and components for applications in oil and gas exploration and production; components for wind turbine applications; components and systems for diagnostic imaging CT scan medical equipment, sleep apnea equipment, oxygen concentrators, infusion therapy, and enteral clinical nutrition; and hydraulics, slip rings, rotary unions and fiber optic rotary joints, motors, and infusion and enteral pumps. The company was incorporated in 1951 and is headquartered in East Aurora, New York.

How the Company Makes Money

Moog generates revenue through multiple key streams including the sale of its motion control products, systems integration services, and after-market support. The company primarily earns income from long-term contracts with government and commercial clients, particularly in the aerospace and defense sectors, where it provides critical components for aircraft and spacecraft. Additionally, Moog benefits from recurring revenue through maintenance and repair services for its products. Strategic partnerships with major aerospace manufacturers and defense contractors further bolster its revenue, as these collaborations often lead to significant contracts and projects that contribute to Moog’s financial growth.

Moog Financial Statement Overview

Summary

Solid fundamentals overall: steady revenue growth and improving profitability, with a notably stronger balance sheet (much lower debt-to-equity in TTM). The main drag is cash-flow quality, as free cash flow has been volatile and recent cash conversion versus earnings is weak.

Income Statement

Moog shows steady top-line momentum, with revenue rising from $3.04B (2022) to $3.86B (2025) and $4.06B in TTM (Trailing-Twelve-Months), while profitability has gradually improved. Net margin expanded from ~5.1% (2022) to ~6.1% (TTM), and operating profitability also strengthened, indicating good pricing/efficiency gains. The main weakness is that growth is moderate rather than high, and margins—while improving—remain mid-single-digit on the bottom line for an Aerospace & Defense supplier.

Balance Sheet

Leverage and capitalization look solid overall, with equity building consistently (about $1.44B in 2022 to $2.07B in TTM), supporting a larger asset base. Returns on equity are healthy and stable (roughly ~10%–13% across periods). A key positive is the sharp improvement in leverage in TTM (debt-to-equity ~0.08 versus ~0.47–0.58 in prior annual periods), suggesting materially reduced balance-sheet risk. The primary caution is that prior years carried moderate leverage, so sustaining the lower debt level will matter.

Cash Flow

Cash generation is mixed. Operating cash flow is consistently positive, but conversion to free cash flow has been volatile, including negative free cash flow in 2023 and relatively low free cash flow versus earnings in TTM (free cash flow about 14% of net income). While TTM free cash flow rebounded strongly versus the prior period (high growth off a lower base), the overall cash conversion remains the main weakness and suggests working-capital or investment demands are pressuring cash.

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	4.06B	3.86B	3.61B	3.32B	3.04B	2.85B
Gross Profit	1.11B	1.06B	996.92M	810.96M	745.51M	697.39M
EBITDA	529.48M	488.45M	423.03M	369.86M	351.08M	329.32M
Net Income	258.72M	235.03M	207.22M	171.00M	155.18M	157.22M
Balance Sheet
Total Assets	4.55B	4.43B	4.08B	3.81B	3.43B	3.43B
Cash, Cash Equivalents and Short-Term Investments	73.36M	62.01M	61.69M	68.96M	103.89M	99.60M
Total Debt	1.06B	945.69M	874.14M	863.09M	837.79M	903.72M
Total Liabilities	2.49B	2.43B	2.25B	2.17B	2.00B	2.03B
Stockholders Equity	2.07B	1.99B	1.83B	1.64B	1.44B	1.40B
Cash Flow
Free Cash Flow	108.00M	128.35M	46.33M	-37.35M	107.37M	164.49M
Operating Cash Flow	245.30M	273.09M	202.34M	135.94M	246.80M	293.23M
Investing Cash Flow	-138.19M	-175.26M	-159.62M	-163.15M	-83.32M	-191.16M
Financing Cash Flow	-118.03M	-98.29M	-48.66M	-23.02M	-134.91M	-87.00M

Moog Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 340.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOG.A, the sentiment is Positive. The current price of 340.3 is above the 20-day moving average (MA) of 331.30, above the 50-day MA of 293.88, and above the 200-day MA of 221.81, indicating a bullish trend. The MACD of 14.66 indicates Positive momentum. The RSI at 71.68 is Negative, neither overbought nor oversold. The STOCH value of 65.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MOG.A.

Moog Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MOG.A	74 Outperform	$10.81B	42.09	13.33%	0.46%	7.11%	13.43%
AMTM	67 Neutral	$7.48B	76.15	2.17%	―	―	―
KRMN	67 Neutral	$12.06B	1,064.37	―	―	―	―
HXL	64 Neutral	$6.97B	67.22	7.87%	0.89%	-0.37%	-34.97%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MRCY	55 Neutral	$5.37B	-173.05	-2.08%	―	8.63%	72.72%

Moog Corporate Events

Moog Extends Credit Facility, Strengthening Long-Term Financing

On February 26, 2026, Moog Inc. entered into an Eighth Amended and Restated Loan Agreement with a group of lenders and HSBC Bank USA, National Association acting as administrative agent. The new agreement amends the company’s prior credit arrangement dated May 30, 2025 and extends the maturity of its credit facility from October 27, 2027 to February 26, 2031.

This extension of the credit facility’s maturity significantly lengthens Moog’s debt horizon and reinforces its access to committed financing. The longer-dated facility enhances the company’s financial flexibility and visibility for long-term planning, which may support its operations, investment capacity, and overall balance sheet stability for the benefit of lenders and other stakeholders.

The most recent analyst rating on ($MOG.A) stock is a Hold with a $369.00 price target. To see the full list of analyst forecasts on Moog stock, see the MOG.A Stock Forecast page.

Moog Shareholders Reelect Directors and Ratify KPMG Auditor

At Moog’s Annual Meeting of Shareholders held on February 10, 2026, shareholders elected directors across both share classes under the company’s dual-class voting structure. Class B shareholders re-elected Donald R. Fishback and Kraig H. Kayser to terms expiring in 2028 and 2029, respectively, while Class A shareholders re-elected Brenda L. Reichelderfer to a term expiring in 2029, with other directors’ terms continuing beyond the meeting.

Shareholders from both Class A and Class B, voting together as a single class, also ratified the appointment of KPMG LLP as Moog’s independent registered public accounting firm for the 2026 fiscal year. The voting outcomes reinforce board continuity and auditor stability, signaling ongoing support from both classes of shareholders for the company’s governance and financial oversight framework.

The most recent analyst rating on ($MOG.A) stock is a Buy with a $350.00 price target. To see the full list of analyst forecasts on Moog stock, see the MOG.A Stock Forecast page.

Moog Reports Record Q1 Results and Raises 2026 Outlook

On January 30, 2026, Moog’s board declared a quarterly dividend of $0.30 per share on its Class A and Class B common stock, payable on February 26, 2026 to shareholders of record as of February 17, 2026. Also on January 30, 2026, the company reported record fiscal first-quarter 2026 results, with net sales up 21% year-on-year to $1.1 billion and diluted earnings per share rising 38% to $2.46, as all segments posted record sales and operating margins improved despite tariff pressures. Space and Defense sales jumped 31%, commercial aircraft 23%, military aircraft 16% and industrial 14%, while bookings reached $2.3 billion and 12‑month backlog climbed 30% to a record $3.3 billion, underscoring strong demand across end markets; although free cash flow remained a use of cash due to inventory build and payment timing, management raised full-year 2026 guidance for net sales to $4.3 billion and adjusted EPS to $10.20, reinforcing Moog’s growth trajectory and signaling confidence in sustained operational momentum and future cash generation for stakeholders.

The most recent analyst rating on ($MOG.A) stock is a Buy with a $319.00 price target. To see the full list of analyst forecasts on Moog stock, see the MOG.A Stock Forecast page.