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Sign in to unlockQ2 FY2026 earnings April 29, Wells Fargo Overweight $440 target, aerospace/defense sector maximum favor with Iran war spending surge. LEAP/GTF aftermarket momentum, JDAM pricing tailwind, $3.4B backlog +18%. Margins expanding 400bps+.
Defense budget reallocation risk, Iran ceasefire would reduce urgency. Industrial segment (~40%) exposed to manufacturing slowdown. RSI 61 approaching overbought.
Q1 FY2026 (Dec 2025): Net sales $996M (+29% YoY), gross margin 29.3% (+480bps), net earnings $133.7M (+54%), diluted EPS $2.17 vs $1.42. Backlog $3.4B (+18%). Aerospace 23.4% segment margin, Industria...
New discovery via 200dma screen. Aerospace controls + industrial power. Acquisition catalyst. Needs research.