Spirit AeroSystems (SPR) AI Stock Analysis

• Market Cap: $4.53B
• Dividend Yield: N/A
• Average Volume (3M): 921.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: -2.60%
• EPS Growth: -94.76%
• Country: US
• Employees: 20,370
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -3.34
• Shares Outstanding: 117,419,235
• 10 Day Avg. Volume: 744,001
• 30 Day Avg. Volume: 921,444
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.90
• Enterprise Value/Revenue: 1.37
• Enterprise Value/Gross Profit: -6.17
• Enterprise Value/Ebitda: -4.81
• 1Y Price Target: $40.00
• Price Target Upside: 2.83% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 45 Neutral
• Price Target: $38.00 ▼(-2.31% Downside)

The overall stock score is primarily impacted by significant financial challenges, including negative profitability and high leverage. Technical analysis shows neutral to bearish momentum, and valuation metrics are unattractive due to negative earnings. The absence of earnings call data and corporate events limits further insights.

Positive Factors

Strategic Partnerships

Strategic partnerships with Boeing and Airbus provide stable revenue streams and enhance market position, supporting long-term growth.

Innovative Engineering

Innovative engineering capabilities strengthen competitive advantage, enabling the company to meet complex aerospace demands and drive efficiency.

Global Customer Base

A diverse global customer base reduces dependency on any single market, providing resilience against regional downturns and supporting revenue stability.

Negative Factors

High Leverage

High leverage increases financial risk, limiting flexibility and potentially impacting the company's ability to invest in growth opportunities.

Negative Profitability

Persistent negative profitability indicates operational inefficiencies and challenges in cost management, threatening long-term financial health.

Liquidity Challenges

Negative cash flows suggest liquidity constraints, which could hinder the company's ability to fund operations and capital expenditures sustainably.

Spirit AeroSystems Business Overview & Revenue Model

Company Description

Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles, and related engine structural components; and wings and wing components, including flight control surfaces, as well as other structural parts. This segment primarily serves the aircraft original equipment manufacturers (OEMs) or engine OEMs of large commercial aircraft and/or business/regional jet programs. The Defense & Space segment provides fuselage, strut, nacelle, and wing aerostructures primarily for U.S. Government defense programs, including Boeing P-8, C40, and KC-46 Tanker. This segment also engages in the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training on fixed wing aircraft aerostructures, missiles, and hypersonics works, such as solid rocket motor throats, nozzles, re-entry vehicle thermal protections systems, forward cockpit and cabin, and fuselage work on rotorcraft aerostructures. The Aftermarket segment offers spare parts and MRO services, repairs for flight control surfaces and nacelles, radome repairs, rotable assets, engineering services, advanced composite repairs, and other repair and overhaul services. Spirit AeroSystems Holdings, Inc. has a strategic partnership with Sierra Space to enhance access to commercial space economy of the future. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.

How the Company Makes Money

Spirit AeroSystems generates revenue primarily through the manufacturing and delivery of aerostructures and related services to major aircraft manufacturers. The company's key revenue streams include contracts for the production of fuselages, wings, and other aircraft components, often secured through long-term agreements with clients such as Boeing and Airbus. Additionally, Spirit earns revenue from maintenance, repair, and overhaul (MRO) services, providing ongoing support for its products throughout their lifecycle. Significant partnerships with leading aircraft manufacturers and participation in various defense contracts also contribute to its earnings. The company's financial performance is influenced by factors such as the overall health of the aerospace industry, production rates of commercial aircraft, and defense spending trends.

Spirit AeroSystems Financial Statement Overview

Summary

Spirit AeroSystems is facing significant financial challenges, including negative profitability, high leverage, and negative equity. These issues pose substantial risks to its financial health, despite some revenue growth.

Income Statement

Spirit AeroSystems has been struggling with profitability as evidenced by negative gross profit and net profit margins over the TTM period. The company shows a slight revenue growth, but the persistent negative EBIT and EBITDA margins indicate ongoing operational challenges. The financial performance reflects significant pressure on margins, likely due to high costs or inefficiencies.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a high debt-to-equity ratio. This indicates financial instability and potential solvency risks. The negative return on equity further highlights the company's inability to generate profits from its equity base, which is a critical concern for long-term sustainability.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, indicating liquidity challenges. However, the free cash flow to net income ratio is positive, suggesting that despite losses, the company is generating some cash relative to its net income. The negative growth in free cash flow is a concern, reflecting potential difficulties in maintaining or improving cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.28B	6.32B	6.05B	5.03B	3.95B	3.40B
Gross Profit	-1.40B	-1.37B	206.20M	48.60M	-117.80M	-440.70M
EBITDA	-1.79B	-1.48B	41.00M	41.80M	15.00M	-613.00M
Net Income	-2.35B	-2.14B	-616.20M	-544.60M	-538.00M	-865.70M
Balance Sheet
Total Assets	6.24B	6.76B	6.95B	6.67B	7.74B	8.38B
Cash, Cash Equivalents and Short-Term Investments	369.60M	537.00M	823.50M	658.60M	1.48B	1.87B
Total Debt	5.43B	5.38B	4.18B	3.96B	3.88B	3.95B
Total Liabilities	10.03B	9.38B	7.45B	6.91B	7.29B	7.53B
Stockholders Equity	-3.80B	-2.62B	-499.70M	-247.50M	448.30M	856.50M
Cash Flow
Free Cash Flow	-896.30M	-1.27B	-373.80M	-516.20M	-213.80M	-863.80M
Operating Cash Flow	-703.00M	-1.12B	-225.80M	-394.60M	-63.20M	-744.90M
Investing Cash Flow	-25.70M	-152.40M	-147.80M	-155.50M	-163.80M	-502.00M
Financing Cash Flow	907.20M	994.50M	531.60M	-261.00M	-163.50M	769.50M

Spirit AeroSystems Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPR, the sentiment is Positive. The current price of 38.9 is above the 20-day moving average (MA) of 38.86, below the 50-day MA of 39.59, and above the 200-day MA of 36.98, indicating a neutral trend. The MACD of -0.20 indicates Negative momentum. The RSI at 49.46 is Neutral, neither overbought nor oversold. The STOCH value of 54.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPR.

Spirit AeroSystems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GD	79 Outperform	$90.98B	22.93	17.91%	1.73%	11.85%	16.12%
LHX	75 Outperform	$54.69B	32.64	8.90%	1.62%	2.93%	43.29%
NOC	69 Neutral	$85.13B	21.74	26.15%	1.44%	-0.14%	72.35%
AXON	67 Neutral	$55.04B	177.09	14.00%	―	32.09%	10.30%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SPR	45 Neutral	$4.53B	-1.94	―	―	-2.60%	-94.76%
BA	43 Neutral	$163.78B	―	―	―	2.41%	-193.57%

Spirit AeroSystems Corporate Events

Spirit AeroSystems Faces Challenges Amid Revenue Growth

Spirit AeroSystems, a key player in the aerospace manufacturing sector, specializes in designing and building aerostructures for both commercial and defense aircraft, with a significant presence in Boeing and Airbus programs. In its second quarter of 2025, Spirit AeroSystems reported revenues of $1.6 billion, reflecting an increase from the previous year due to heightened production activity, particularly in Boeing 737 and 787 programs. However, the company faced a challenging quarter with an operating loss of $481 million, primarily due to losses on business dispositions related to asset transfers to Airbus and net forward losses on several programs. Despite these setbacks, Spirit’s backlog remains robust at approximately $51 billion, indicating strong future demand across various commercial platforms. The company’s cash flow situation showed improvement compared to the previous year, largely driven by increased Boeing 737 deliveries, though it still reported a free cash flow usage of $190 million. Looking ahead, Spirit AeroSystems is navigating through a period of uncertainty with a pending merger with Boeing and ongoing efforts to enhance liquidity. Management is focused on strategic initiatives to improve financial stability, but significant challenges remain, including the need for additional funding and successful execution of planned divestitures.

Spirit AeroSystems Sells Subang Facility for $95.2M

On August 8, 2025, Spirit AeroSystems Holdings, Inc. announced a definitive agreement to sell its Subang, Malaysia facility to Composites Technology Research Malaysia Sdn Bhd (CTRM) for $95.2 million. This transaction, part of Spirit’s merger agreement with Boeing, is expected to close in the fourth quarter of 2025, pending regulatory approvals. The Subang facility, a significant engineering and manufacturing site, will enhance CTRM’s role as a supplier for Airbus and Boeing, impacting regional stakeholders positively. This sale marks a milestone in Boeing’s acquisition of Spirit AeroSystems.

The most recent analyst rating on (SPR) stock is a Hold with a $37.25 price target. To see the full list of analyst forecasts on Spirit AeroSystems stock, see the SPR Stock Forecast page.