Record Financial Performance: Heico reported a 16% increase in revenue to $1,147.6 million and a 30% rise in earnings per diluted share to $1.26 for Q3 FY2025, setting new company records.
Strong Growth in Flight Support Group: The Flight Support Group achieved an 18% growth in net sales, with operating income up 29%, driven by strong demand across all product lines and successful acquisitions.
Challenges in Electronic Technologies Group: While the Electronic Technologies Group saw a 10% increase in net sales, its operating margin decreased due to higher compensation expenses and a shift in product mix, particularly in medical electronics.
Future Outlook and Capital Allocation: Heico plans to continue focusing on organic growth and integration of recent acquisitions, with confidence in ongoing revenue growth despite not providing specific future guidance.
HEI.A
$243.59+Infinity%1D
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 358.45 USD with a low forecast of 300.00 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.
13 Analyst Rating
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 358.45 USD with a low forecast of 300.00 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.
7 Buy
6 Hold
0 Sell
Moderate Buy
Current: 242.610
Low
300.00
Averages
358.45
High
400.00
Current: 242.610
Low
300.00
Averages
358.45
High
400.00
Citi
John Godyn
initiated
$367
2025-12-11
Reason
Citi
John Godyn
Price Target
$367
2025-12-11
initiated
Reason
Citi analyst John Godyn initiated coverage of Heico with a Buy rating and $367 price target. The firm launched coverage on 24 stocks in the aerospace and defense sector, saying the group faces a "number of megatrends" across commercial aerospace, defense, shipbuilding, and space. Citi sees these trends creating at least one trillion-dollar market cap company in the coming years. GE Aerospace could get there in as little as five years, Citi contends. The firm calls RTX "the Marquee Megatrend stock" and believes Boeing is an "unusually attractive mega-cap turnaround" story. The analyst expects improving trends in Q4 and continued momentum in Q1 for the sector.
Morgan Stanley
Cedar Ekblom
Equal Weight -> Underweight
downgrade
2025-12-10
Reason
Morgan Stanley
Cedar Ekblom
Price Target
2025-12-10
downgrade
Equal Weight -> Underweight
Reason
Morgan Stanley analyst Cedar Ekblom downgraded Heidelberg Materials to Underweight from Equal Weight with a price target of EUR 216, up from EUR 211. The firm adjusted ratings in the European budling and construction group as part of a 2026 outlook.
Deutsche Bank
Jon Bell
maintain
2025-12-08
Reason
Deutsche Bank
Jon Bell
Price Target
2025-12-08
maintain
Reason
Deutsche Bank analyst Jon Bell raised the firm's price target on Heidelberg Materials to EUR 267 from EUR 229 and keeps a Buy rating on the shares.
RBC Capital
RBC
Outperform -> Sector Perform
downgrade
2025-12-08
Reason
RBC Capital
RBC
Price Target
2025-12-08
downgrade
Outperform -> Sector Perform
Reason
RBC Capital downgraded Heidelberg Materials to Sector Perform from Outperform with a price target of EUR 233, up from EUR 218. The firm adjusted ratings in the global building materials group as part of its 2026 outlook. RBC epacts companies who are overweight U.S. infrastructure and with self-help stories to outperform in 2026. Share outperformance will likely require acquisitions, self-help and an overweight exposure to infrastructure, the analyst tells investors in a research note. It downgraded Amrize, Heidelberg and Sika, saying the outlook for U.S. cement volumes "remains subdued."
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.
