Moog beats Q1 revenue expectations, lifts annual sales, profit forecast

Overview

• Precision motion controls maker's fiscal Q1 revenue rose 21%, beating analyst expectations

• Adjusted EPS for fiscal Q1 beat analyst expectations

• Company raised full-year guidance for sales and adjusted EPS

Outlook

• Moog raises FY 2026 net sales guidance to $4.3 bln from $4.2 bln

• Moog raises FY 2026 adjusted EPS guidance to $10.20 from $10.00

• Company maintains FY 2026 adjusted operating margin guidance at 13.4%

Result Drivers

• STRONG SEGMENT GROWTH - Space and Defense sales rose 31% due to defense demand, while Commercial Aircraft sales increased 23% from higher production volumes and aftermarket activity

• OPERATING MARGIN IMPROVEMENT - Operating margin increased 90 basis points, reflecting operational strength despite tariff pressures

• BACKLOG INCREASE - Twelve-month backlog rose 30% to $3.3 bln, driven by demand in Commercial Aircraft and Space and Defense

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the aerospace & defense peer group is "buy"

• Wall Street's median 12-month price target for Moog Inc is $280.00, about 2.8% below its January 29 closing price of $288.00

• The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBwbdTfCRa

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