What the recent aerospace deals tell you about Curtiss-Wright
Curtiss-Wright (CW) has been in focus after two recent aerospace and defense wins: a new partnership with Averna to build custom aerospace test systems and a four year U.S. Department of Defense contract for helicopter support equipment.
See our latest analysis for Curtiss-Wright.
The recent Averna partnership and U.S. Department of Defense contract arrive as Curtiss-Wright’s share price trades at US$703.61, with a 30-day share price return of 8.36% and a 90-day share price return of 26.77%. Its 1-year total shareholder return of 126.67% and 5-year total shareholder return of about 5x suggest buyers have been rewarding the story over time.
If these aerospace and defense wins have your attention, it could be a good moment to see what else is moving in related areas through our 29 robotics and automation stocks.
With Curtiss-Wright trading at US$703.61, only about 1% below the current analyst price target of US$711.43 and showing strong multi year returns, you have to ask: is there still a buying opportunity here, or is the market already pricing in future growth?
Most Popular Narrative: 74% Overvalued
According to Vestra, the most followed narrative pegs Curtiss-Wright’s fair value at $404.40, well below the last close of $703.61, which sets up a sharp valuation gap for investors to assess.
Curtiss-Wright has successfully shed its image as a legacy components maker, rebranding itself as a "Pivot to Growth" leader with a record $4.1 billion backlog. By positioning its proprietary technology at the center of the U.S. Navy’s shipbuilding surge and the global revival of commercial nuclear energy, the company has achieved a "fortress" market position that is effectively insulated from the typical cycles of the industrial economy.
Curious how a backlog story, ambitious margin targets and a premium earnings multiple all fold into one fair value line? The narrative connects future growth, nuclear and naval programs, and profitability in a way the current share price does not fully mirror. If you want to see exactly which long term assumptions are doing the heavy lifting, the full narrative lays them out in black and white.
Result: Fair Value of $404.40 (OVERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, this story can change quickly if the timing of major naval or nuclear contracts slips, or if investor enthusiasm for premium P/E multiples cools.
Find out about the key risks to this Curtiss-Wright narrative.
Next Steps
With such a strong mix of enthusiasm and caution running through this story, it makes sense to move quickly and check the numbers for yourself, starting with 2 key rewards and 1 important warning sign.
Looking for more investment ideas?
If Curtiss-Wright has sharpened your focus, do not stop here, fresh ideas from other corners of the market could be exactly what keeps you a step ahead.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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