Woodward, Inc. (WWD) is listed as one of the 11 Best Large Cap Defense Stocks to Buy According to Analysts. Barclays raised their price target for Woodward to $260 from $200 on August 4, while maintaining an Equal-Weight rating for the stock. The company reported strong Q3 FY25 earnings, with net sales growing 8% year-over-year to $915 million and earnings per share at $1.76, beating estimates of $1.62.
Woodward, Inc. (WWD) raised its sales and earnings guidance for the fiscal year based on a strong financial performance and outlook for the fourth quarter. However, the company lowered its free cash flow guidance due to challenges in the supply chain and production environment. Woodward recently acquired Safran’s Electronics & Defense electromechanical actuation business in the U.S., Canada, and Mexico.
While Woodward, Inc. (WWD) has investment potential, some AI stocks may offer greater upside potential with less downside risk. The company stands to benefit from Trump-era tariffs and the onshoring trend. For more information on undervalued AI stocks, refer to the free report on the best short-term AI stock.
Read more at Yahoo Finance: Barclays Lifts Woodward, Inc. (WWD)’s Price Target To $260, Maintains Equal-Weight Rating
