Heico CEO Laurans Mendelson to become executive chairman
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2025
0mins
Leadership Transition at HEICO: Laurans Mendelson will transition from Chairman and CEO to Executive Chairman of the Board, while Eric and Victor Mendelson will become Co-CEOs effective May 1, 2025.
Continuity in Management Roles: Both Eric and Victor Mendelson will maintain their current roles as heads of their respective divisions, reflecting a planned succession strategy that has been developed over many years.
Analyst Views on HEI.A
Wall Street analysts forecast HEI.A stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HEI.A is 365.68 USD with a low forecast of 303.09 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 262.100
Low
303.09
Averages
365.68
High
400.00
Current: 262.100
Low
303.09
Averages
365.68
High
400.00
About HEI.A
HEICO Corporation is a manufacturer of jet engines and aircraft component replacement parts. Its segments include Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their subsidiaries. FSG uses technology to design and manufacture jet engines and aircraft component replacement parts. FSG repairs, overhauls and distributes jet engine and aircraft components, avionics and instruments for domestic and foreign commercial air carriers and aircraft repair companies, as well as military and business aircraft operators. ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. The ETG designs, manufactures and sells various types of electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment. It also designs and manufactures avionics controls, including navigation, audio, surveillance, and communication panels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
