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Truist Raises PT on Woodward (WWD) Stock
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Woodward, Inc. (NASDAQ:WWD) is one of the Best Fundamentally Strong Stocks to Buy Now. On May 5, Truist lifted its price objective on the company’s stock to $415 from $404 and kept a “Buy” rating on the shares. This comes after the company’s Q2 2026 earnings beat and its guidance raise. As per the analyst, the improvement in guidance remains favorable, considering it is ahead of the street expectations throughout the board and demonstrates confidence in the end-market strength for the balance of FY 2026. Furthermore, the firm added that the management didn’t see any impacts from geopolitical developments and remains confident about the commercial aero services. Notably, considering its H1 performance and continued demand strength, Woodward, Inc. (NASDAQ:WWD) raised its full-year outlook. For FY 2026, the company now expects sales growth of between 20% to 23% versus the prior expectation of 14% to 18% growth. Adjusted EPS is expected to be $9.15 – $9.45 compared to the previous expectation of $8.20 – $8.60. Woodward, Inc. (NASDAQ:WWD) is engaged in designing, manufacturing, and servicing control solutions for aerospace and industrial markets. While we acknowledge the potential of WWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.
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