RBC Capital Rates Applied Aerospace & Defense (AADX) buy

RBC Capital maintained its buy rating on AADX with a $24 price target, a 15.77% upside from the current price.

By TradeTexts Research Desk · Published Jun 29, 2026, 12:02 PM EDT · Updated Jul 1, 2026, 2:01 AM EDT

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RBC Capital rated Applied Aerospace & Defense, Inc. ($AADX) "buy" with a $24 price target on June 29, 2026.

Since the rating, $AADX is up 11.3% after 1 week, down 16.5% after 1 month and down 45.1% to date (from the $20.73 close on Jun 29, 2026).

AADX Applied Aerospace & Defense, Inc.

$11.37 -33.78% past 3 months

Daily close · Oct 16, 2026

Key Points

On June 29, RBC Capital reiterated its buy rating for AADX, setting a price target of $24.
RBC Capital's $24 price target implies 15.77% upside from Applied Aerospace & Defense, Inc.'s ($AADX) current $20.73 share price.
AADX shares traded at $20.53 on Monday, reflecting the ongoing interest in the company's stock.
Analyst Ken Herbert from RBC Capital reaffirmed the buy stance, aligning with other firms like Stifel and Baird.

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RBC Capital reiterated its buy rating on AADX on June 29, setting a price target of $24. This move comes as part of a broader analyst consensus on the stock, which traded at $20.53 on Monday.

Analyst rating track record

RBC Capital vs. the S&P 500

YTD return +7.57% hypothetical

All-time return +11.37% S&P 500 +29.10%

vs. S&P 500 -17.73% behind the index

Hypothetical returns from RBC Capital's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On June 29, RBC Capital's Ken Herbert reiterated a buy rating for AADX with a $24 price target. This aligns with several other firms that initiated coverage on the same day. Morgan Stanley started with a hold rating and a $23 target, while Stifel, B of A Securities, and Baird all set buy ratings, with targets ranging from $24 to $30.

Bottom Line

RBC Capital's reaffirmation of its buy rating on AADX underscores continued analyst confidence in the stock. With AADX trading at $20.53, the $24 target suggests potential upside. Investors often watch such reiterations closely, though it's important to remember these are backward-looking assessments and may not reflect future performance.

12-month forecast