AIR

AAR Corp

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74.790

+2.73(3.789%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

76.330

Open

72.810

VWAP

74.96

Vol

708.36K

Mkt Cap

2.69B

Low

72.600

Amount

53.10M

EV/EBITDA(TTM)

10.98

Total Shares

35.43M

3.46B

EV/OCF(TTM)

95.93

P/S(TTM)

0.93

AAR Corp. is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. The Company’s Parts Supply segment consists of its sales of used serviceable engine and airframe parts and components and distribution of new parts. The Repair & Engineering segment consists of its maintenance, repair, and overhaul (MRO) services across airframes and components. The Integrated Solutions segment consists of its fleet management and operations of customer-owned aircraft, customized performance-based supply chain logistics programs in support of the United States (U.S.) Department of Defense, U.S. Department of State, and foreign governments, flight hour component inventory and repair programs for commercial airlines, and integrated software solutions, including Trax. The Expeditionary Services segment consists of products and services supporting the movement of equipment and personnel by the U.S. and foreign governments and non-governmental organizations.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

691.57M

+4.51%

0.998

+17.41%

713.19M

+3.95%

1.074

+19.33%

720.38M

+6.22%

1.118

+12.93%

Estimates Revision

The market is revising Upward the revenue expectations for AAR Corp. (AIR) for FY2026, with the revenue forecasts being adjusted by 1.7% over the past three months. During the same period, the stock price has changed by 25.03%.

Revenue Estimates for FY2026

Revise Upward

+1.7%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-0.67%

In Past 3 Month

Stock Price

Go Up

+25.03%

In Past 3 Month

5 Analyst Rating

11.98% Upside

Wall Street analysts forecast AIR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AIR is 83.75 USD with a low forecast of 81.00 USD and a high forecast of 86.00 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.

5 Buy

0 Hold

0 Sell

Strong Buy

11.98% Upside

Current: 74.790

Low

81.00

Averages

83.75

High

86.00

11.98% Upside

Current: 74.790

Low

81.00

Averages

83.75

High

86.00

KeyBanc

Overweight

maintain

$80 -> $86

2025-07-17

Reason

KeyBanc

Price Target

$80 -> $86

2025-07-17

maintain

Overweight

Reason

KeyBanc raised the firm's price target on AAR Corp. to $86 from $80 and keeps an Overweight rating on the shares following quarterly results. The firm cites strong execution, driving another quarter of margins ahead of its expectations. KeyBanc's thesis remains intact as it believes AAR is well-positioned to capitalize on the strong A&D aftermarket backdrop amid both organic and inorganic growth avenues. The firm continues to see strong relative value for long-term investors.

RBC Capital

Outperform

maintain

$75 -> $85

2025-07-17

Reason

RBC Capital

Price Target

$75 -> $85

2025-07-17

maintain

Outperform

Reason

RBC Capital raised the firm's price target on AAR Corp. to $85 from $75 and keeps an Outperform rating on the shares. The company reported strong Q4 results with total revenue growth of 15% while its adjusted operating income of $76.9M beat consensus by 13%, the analyst tells investors in a research note. AAR remains confident in the industry fundamentals, and should benefit from strong aftermarket spending, the firm added.

Truist

Buy

maintain

$78 -> $81

2025-07-11

Reason

Truist

Price Target

$78 -> $81

2025-07-11

maintain

Buy

Reason

Truist raised the firm's price target on AAR Corp. to $81 from $78 and keeps a Buy rating on the shares as part of a broader research note previewing Q2 results for Aerospace and Defense names. Tariff headwinds should prove manageable across both commercial aero and defense, with SMID cap defense and space stocks "seemingly in a sweet spot", trading at a 122% valuation premium to large cap peers, the analyst tells investors in a research note. The firm further cites a favorable global defense spending backdrop while also noting that commercial aero aftermarket should see sustained strength, adding that OEM-exposed suppliers should be in position to benefit from higher MAX/LEAP rates.

Keybanc

Michael Leshock

Buy

Maintains

$83 → $80

2025-04-02

Reason

Keybanc

Michael Leshock

Price Target

$83 → $80

2025-04-02

Maintains

Buy

Reason

KeyBanc lowered the firm's price target on AAR Corp. to $80 from $83 and keeps an Overweight rating on the shares following quarterly results. The firm cites near- to midterm headwinds in the USM market, partially offset by stronger margins. KeyBanc's thesis remains intact as it believes AAR is well-positioned to capitalize on the strong A&D aftermarket backdrop amid both organic and inorganic growth avenues. Further, KeyBanc thinks the recent selloff presents opportunity and strong value for long-term investors.

Truist Securities

Michael Ciarmoli

Strong Buy

Maintains

$81 → $78

2025-03-28

Reason

Truist Securities

Michael Ciarmoli

Price Target

$81 → $78

2025-03-28

Maintains

Strong Buy

Reason

Truist lowered the firm's price target on AAR Corp. to $78 from $81 and keeps a Buy rating on the shares. The company's Q3 results were mixed, but the management is not seeing or anticipating demand erosion for its services from recent carrier capacity guidance cuts, weakening ticket sales, and other tariff headwinds, the analyst tells investors in a research note. Truist adds however that it did moderate its estimates to account for the landing gear sale while also taking a more conservative view of the market amid tariff and capacity uncertainty.

Keybanc

Philip Gibbs

Buy

Initiates

$83

2025-01-16

Reason

Keybanc

Philip Gibbs

Price Target

$83

2025-01-16

Initiates

Buy

Reason

KeyBanc analyst Michael Leshock initiated coverage of AAR Corp. with an Overweight rating and $83 price target.

See All Ratings

Valuation Metrics

The current forward P/E ratio for AAR Corp (AIR.N) is 16.25, compared to its 5-year average forward P/E of 16.73. For a more detailed relative valuation and DCF analysis to assess AAR Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

16.73

Current PE

16.25

Overvalued PE

18.90

Undervalued PE

14.56

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.43

Current EV/EBITDA

9.98

Overvalued EV/EBITDA

10.59

Undervalued EV/EBITDA

8.27

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.78

Current PS

0.88

Overvalued PS

0.91

Undervalued PS

0.65