Noble Financial analyst Joe Gomes maintains a Buy rating and $72 price target on V2X, Inc. (VVX), one of the 8 Best Small-Cap Defense Stocks to Buy Right Now. The stock reported record revenue and beat earnings estimates, with an upside potential of 33% from the closing price on November 14.

Truist and Stifel both revised post-earnings notes for VVX, Inc., maintaining a Buy rating while increasing price targets to $65 each. The company’s third-quarter earnings showed a revenue of $1.17 billion, up 8% from the prior year, with adjusted EBITDA at $85.2 million and adjusted diluted EPS at $1.37.

V2X, Inc. (VVX) received $1.4 billion in net bookings during the quarter, ending with a total backlog of $11.6 billion. The company reported that the impact of the government shutdown on these awards was minimal, although full-year adjusted operating cash flow guidance was lowered due to potential delays.

V2X, Inc. (VVX) is a leading provider of critical mission solutions and support services to defense clients worldwide. Management adjusted their outlook on revenue, adjusted EBITDA, and adjusted diluted EPS midpoints, while acknowledging potential investment opportunities in AI stocks with greater upside potential and less downside risk.

Read more at Yahoo Finance: Noble Financial Keeps Buy Rating, $72 Price Target on V2X Inc. (VVX)