V2X (VVX) AI Stock Analysis

• Market Cap: $1.89B
• Dividend Yield: N/A
• Average Volume (3M): 353.32K
• Price to Earnings (P/E): 25.7
• Beta (1Y): 1.01
• Revenue Growth: 5.07%
• EPS Growth: N/A
• Country: US
• Employees: 16,100
• Sector: Industrials
• Sector Strength: 80
• Industry: Aerospace & Defense
• EPS (TTM): 1.33
• Shares Outstanding: 31,709,822
• 10 Day Avg. Volume: 533,917
• 30 Day Avg. Volume: 353,318
• PEG Ratio: -0.17
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.35
• P/FCF Ratio: 6.21
• Enterprise Value/Market Cap: 1.32
• Enterprise Value/Revenue: 0.57
• Enterprise Value/Gross Profit: 6.67
• Enterprise Value/Ebitda: 10.16
• 1Y Price Target: $62.33
• Price Target Upside: 5.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 69 Neutral
• Price Target: $66.00 ▲(12.13% Upside)

V2X's strong financial performance and positive earnings call guidance are significant strengths. However, technical indicators suggest potential overvaluation, and the recent stock offering raises governance concerns.

Positive Factors

Contract Wins

V2X’s recent contract takeaway is a sign of its ability to win in its core logistics and O&M work.

Financial Performance

The increase in the price objective to $65 reflects the strength of current execution and new wins.

Strategic Advantage

V2X's strategy to provide full-lifecycle support to increasingly complex military operations has a strong competitive advantage.

Negative Factors

Contracting Risk

A shift to fixed-price contracting structures may present V2X with margin expansion opportunities, but also elevates risk.

Earnings Limitations

Significant earnings upside for V2X is capped by US foreign policy.

Growth Challenges

V2X's exposure to supporting the US Army and some sunsetting programs puts pressure on near term growth.

V2X Business Overview & Revenue Model

Company Description

V2X (VVX) is a technology-driven company specializing in providing advanced vehicle-to-everything (V2X) communication solutions that enhance transportation safety, efficiency, and sustainability. Operating primarily in the automotive and transportation sectors, V2X facilitates seamless communication between vehicles, infrastructure, and other road users through its cutting-edge software and hardware products. The company's core offerings include V2X communication hardware, software platforms for data analytics, and integration services that support smart city initiatives and connected vehicle ecosystems.

How the Company Makes Money

V2X generates revenue through multiple streams, primarily from the sale of its V2X communication hardware and software solutions to automotive manufacturers, infrastructure developers, and government agencies. The company also earns income from ongoing service agreements and maintenance contracts associated with its products. Additionally, V2X partners with city governments and transportation agencies to implement smart city projects, receiving funding and grants that contribute to its earnings. Strategic collaborations with major automotive players further enhance its market presence and revenue potential.

V2X Financial Statement Overview

Summary

V2X shows strong revenue growth and effective cash management, with a significant reduction in leverage. However, the net income volatility could pose risks.

Income Statement

The income statement shows a strong revenue base with consistent growth, evidenced by the increase in total revenue from $1.8 billion in 2021 to $4.3 billion in TTM (Trailing-Twelve-Months). Gross profit margin and net profit margin have shown positive trends, with gross profit margin at 8.1% and net profit margin improving to 0.96% in the TTM period. The EBIT and EBITDA margins also indicate healthy operating efficiency. However, the net income has been volatile, which poses some risks.

Balance Sheet

The balance sheet reflects a stable equity base with stockholders' equity reaching $1.0 billion in TTM. The debt-to-equity ratio appears manageable, improving significantly from 3.80 in 2022 to 0.05 in TTM. Return on equity has improved but remains modest at 4.02%. The equity ratio of 33.37% suggests a balanced capital structure. The company's reduction in total debt is a positive sign for future stability.

Cash Flow

Cash flow analysis indicates robust cash generation, with operating cash flow consistently exceeding net income, resulting in a strong operating cash flow to net income ratio. Free cash flow has also shown positive growth, with a significant increase from $59 million in 2020 to $224 million in TTM. This suggests effective operational cash management and potential for reinvestment or debt reduction.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.33B	4.32B	3.96B	2.89B	1.78B	1.40B
Gross Profit	372.69M	342.96M	334.86M	295.01M	160.42M	124.15M
EBITDA	244.66M	268.58M	237.25M	118.05M	62.02M	43.48M
Net Income	70.58M	34.68M	-22.57M	-14.33M	45.73M	36.95M
Balance Sheet
Total Assets	3.15B	3.23B	3.08B	3.23B	889.46M	843.81M
Cash, Cash Equivalents and Short-Term Investments	190.46M	268.32M	72.65M	116.07M	38.51M	66.95M
Total Debt	44.89M	1.15B	1.16B	1.33B	151.16M	197.57M
Total Liabilities	2.08B	2.20B	2.09B	2.24B	539.37M	538.87M
Stockholders Equity	1.07B	1.03B	990.80M	997.08M	350.09M	304.94M
Cash Flow
Free Cash Flow	160.48M	242.45M	162.95M	81.07M	51.56M	59.58M
Operating Cash Flow	149.77M	254.24M	187.97M	93.50M	61.34M	64.08M
Investing Cash Flow	-8.73M	-28.65M	-22.65M	175.96M	-12.64M	-138.03M
Financing Cash Flow	-66.64M	-24.50M	-211.02M	-193.24M	-75.58M	105.77M

V2X Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 58.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VVX, the sentiment is Positive. The current price of 58.86 is above the 20-day moving average (MA) of 54.34, above the 50-day MA of 50.24, and above the 200-day MA of 50.86, indicating a bullish trend. The MACD of 2.86 indicates Negative momentum. The RSI at 62.31 is Neutral, neither overbought nor oversold. The STOCH value of 53.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VVX.

V2X Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIR	77 Outperform	$2.65B	214.69	1.02%	―	19.91%	-73.61%
DCO	73 Outperform	$1.33B	35.15	5.86%	―	2.42%	72.72%
VVX	69 Neutral	$1.89B	25.66	6.86%	―	5.07%	―
Sector *	63 Neutral	€14.58B	18.91	2.51%	3.36%	4.11%	15.58%
CDRE	61 Neutral	$1.20B	31.86	12.06%	1.20%	7.66%	-9.96%
SPR	51 Neutral	$4.68B	―	81.63%	―	-2.60%	-94.76%

V2X Corporate Events

V2X Announces Board Changes After Vertex Share Sale

V2X, Inc. announced changes to its Board of Directors following the sale of shares by Vertex Aerospace Holdco LLC. On August 13, 2025, Jordan F. Ransom and Lee E. Evangelakos resigned from their positions on the Board, effective August 14, 2025, as part of the Shareholders Agreement with Vertex Aerospace. Their resignations were not due to any disagreements with the company. Consequently, the Board reduced its size from 11 to 10 members. David E. Farnsworth was appointed to fill Ms. Evangelakos’s position as a Class I Director and join the Audit and Nominating and Governance Committees. Farnsworth, with extensive experience in the aerospace and defense industry, was previously a non-voting advisor to the Board.

The most recent analyst rating on (VVX) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on V2X stock, see the VVX Stock Forecast page.

V2X Reduces Shareholder Influence After Stock Offering

On August 8, 2025, V2X, Inc. entered into an underwriting agreement with Vertex Aerospace Holdco LLC and RBC Capital Markets, LLC for a public offering of 2,000,000 shares of common stock. The offering closed on August 11, 2025, and the company repurchased 200,000 shares but did not sell any securities or receive proceeds from the sale. Following the offering, the Selling Shareholder’s influence on the company’s board and corporate actions was significantly reduced, including the resignation of two directors and limitations on designating directors and consent rights over certain corporate actions.

The most recent analyst rating on (VVX) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on V2X stock, see the VVX Stock Forecast page.

V2X Completes Public Offering of Common Stock

On May 15, 2025, V2X, Inc. entered into an underwriting agreement with Vertex Aerospace Holdco LLC and RBC Capital Markets, LLC for a public offering of 2,000,000 shares of common stock by the Selling Shareholder, with an option for an additional 300,000 shares. The offering, which closed on May 19, 2025, was made under the company’s shelf registration statement and the company will not receive any proceeds from the sale.

The most recent analyst rating on (VVX) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on V2X stock, see the VVX Stock Forecast page.