Update shared on 04 Dec 2025
Analysts have modestly raised their price target on Curtiss-Wright, citing a slightly higher assumed discount rate and updated long term valuation multiples that support a fair value estimate of approximately $608.17 per share.
What's in the News
- Curtiss-Wright increased its share repurchase authorization by $416 million on November 20, 2025, bringing total buyback capacity to $2.066 billion (company announcement).
- Between July 1 and September 30, 2025, the company repurchased 581,775 shares, or 1.54 percent of shares outstanding, for $290.27 million. This brought cumulative buybacks under the May 2019 program to 6,745,590 shares, or 16.78 percent, for $1.225 billion (company filing).
- For full year 2025, Curtiss-Wright guided to total sales of $3.42 billion to $3.455 billion, operating income of $617 million to $630 million, and diluted EPS of $12.60 to $12.85 (company guidance).
- Curtiss-Wright was selected by American Rheinmetall to supply its Turret Drive Stabilization System for the prototype phase of the U.S. Army XM30 combat vehicle program. The system will support turret control and targeting in the Engineering and Manufacturing Development phase (client announcement).
- The company was chosen by Bell Textron to provide an encrypted combined cockpit voice and flight data recorder for the U.S. Army MV-75 FLRAA tiltrotor program. The solution leverages its compact Fortress CVR technology, which is compliant with the latest FAA and international standards (client announcement).
Valuation Changes
- Fair Value Estimate, unchanged at approximately $608.17 per share, reflecting stable long term assumptions despite parameter tweaks.
- Discount Rate, risen slightly from about 7.58 percent to 7.81 percent, implying a marginally higher required return on equity.
- Revenue Growth, effectively unchanged at roughly 7.78 percent annually, indicating consistent expectations for top line expansion.
- Net Profit Margin, effectively unchanged at about 15.43 percent, suggesting stable long term profitability assumptions.
- Future P/E, increased slightly from roughly 39.49x to 39.74x, modestly lifting the multiple applied to projected earnings.
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