Analyst Consensus ?
ConsensusBuy19 ratings
Bullish1263.2%
Neutral736.8%
Bearish00.0%
1 unmapped firm rating excluded from the percentages.
HEICO Corporation · HEI-A · FY2026 Q3 · Calendar Q3 2026
HEICO posts record Q3 as organic growth and acquisitions lift results
The current analysis supports a constructive operating picture for HEICO: record results, strong organic growth, acquisition contributions, robust cash generation and a full pipeline point to continued momentum. The main counterweights are the sustainability of organic growth, margin mix, supply-chain execution and the absence of formal current-quarter guidance.
Reported After market closeNYSEIndustrials
$46.32B market cap
85quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.67
Consensus $1.52
EPS surprise
+9.9%
Reported versus consensus
Reported revenue
$1.41B
Consensus $1.36B
Revenue surprise
+4.2%
Reported versus consensus
Market reaction
unavailable
Stock move
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Event window
SPY move
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Same window
Abnormal move
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Stock minus SPY
Volume
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Versus trailing sessions
Subsequent drift
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Up to 20 sessions
Price and volume data were unavailable at publication time.
Ask FN2 about HEI-A FY2026 Q3
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How did the market react to HEI-A FY2026 Q3 earnings, and why?What changed in HEI-A's guidance and outlook in FY2026 Q3?Give me the bull and bear case for HEI-A after FY2026 Q3 earnings.
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Transcript intelligence
What changed
Versus the prior-quarter analysis, the company added Cook Defence and a 90% stake in CalRamic Technologies, reported continued record performance and highlighted a larger acquisition and financing capacity. The current analysis did not provide formal guidance, while it identified record backlog and order pull-forward as ongoing demand indicators.
Guidance delta
Formal guidance was not provided in the current-quarter analysis. Management remains focused on disciplined capital allocation and cited a 15–20% annual net-income-growth target.
Key takeaways
- Record sales and operating-income results were reported across both major segments.
- Organic growth and recent acquisitions supported the quarter, while cash generation strengthened financial flexibility.
- Management described backlog and order pull-forward as remaining at record levels and maintained a confident tone on demand.
- The acquisition pipeline remains active, with Cook Defence and CalRamic added during the quarter.
Management priorities
- Integrate Cook Defence and CalRamic while pursuing additional strategic acquisitions.
- Expand PMA and DER penetration and commercial aftermarket capacity in Europe and Asia.
- Invest in growth areas including industrial technology, drones, missiles and commercial space.
- Maintain liquidity and disciplined capital allocation while supporting organic growth.
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Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Aug 29, 2023 |
| Benchmark | Buy | Buy | Maintain | Aug 29, 2023 |
| Baird | Outperform | Outperform | Maintain | Aug 29, 2023 |
| B of A Securities | Neutral | Neutral | Maintain | Jun 12, 2023 |
| Vertical Research | Buy | Hold | Upgrade | May 29, 2023 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Feb 28, 2023 |
| Jefferies | Buy | Buy | Maintain | Feb 26, 2023 |
| Truist Securities | Buy | Buy | Maintain | Jul 18, 2022 |
| Canaccord Genuity | Buy | Hold | Upgrade | Apr 21, 2021 |
| Credit Suisse | Outperform | Outperform | Maintain | Dec 22, 2020 |
| UBS | Neutral | Neutral | Maintain | Aug 26, 2020 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | Jul 14, 2020 |
| Deutsche Bank | Hold | Buy | Downgrade | Aug 16, 2017 |
| Keybanc | Overweight | Downgrade | Aug 25, 2016 | |
| CRT Capital | Hold | Buy | Downgrade | Oct 1, 2013 |
| DA Davidson | Buy | Buy | Maintain | Sep 16, 2013 |
| Imperial Capital | In Line | In Line | Maintain | May 27, 2013 |
| Topeka Capital | Buy | Buy | Maintain | Dec 19, 2012 |
| Stifel | Buy | Buy | Maintain | Dec 13, 2012 |
| Wedbush | Outperform | Outperform | Maintain | May 24, 2012 |
Named analyst price targets
Upside is unavailable because neither a positive current snapshot nor previous close is persisted. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Stifel Nicolaus | Analyst unavailable | $410 | $255.84 | - | Aug 27, 2026 |
| UBS | Gavin Parsons | $390 | $259.81 | - | Jun 1, 2026 |
| Stifel Nicolaus | Jonathan Siegmann | $390 | $257.36 | - | May 29, 2026 |
| Jefferies | Sheila Kahyaoglu | $410 | $252.21 | - | May 28, 2026 |
| Jefferies | Sheila Kahyaoglu | $400 | $234.34 | - | Mar 5, 2026 |
| RBC Capital | Ken Herbert | $375 | $258.42 | - | Dec 22, 2025 |
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Start freeCompany context
Snapshot as of publicationHEICO Corporation operates as a diversified enterprise, involved in the design, manufacturing, and global distribution of specialized products and services primarily for the aerospace, defense, and electronics sectors. Its activities span both domestic and international markets. The company's Flight Support Group division delivers a range of essential components and services. This encompasses producing replacement parts for jet engines and aircraft, as well as fabricating thermal insulation blankets, advanced renewable insulation systems, and various specialty components. The segment also functions as a distributor for critical hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical parts, serving commercial, regional, and general aviation clients.…
Industrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FPS Forgent Power Solutions, Inc. | FY2026 Q4 · Calendar Q3 2026 | +4.3% | +9.5% | Forgent Power Solutions pairs record results with an aggressive FY27 buildout |
| CPRT Copart, Inc. | FY2026 Q4 · Calendar Q3 2026 | -8.7% | -2.6% | Copart pairs international growth with ACV investment amid higher costs |
| SUNB Sunbelt Rentals Holdings Inc | FY2027 Q1 · Calendar Q3 2026 | +19.2% | +5.9% | Sunbelt raises FY27 outlook as specialty rental demand accelerates |
| FRO Frontline Plc | FY2026 Q2 · Calendar Q3 2026 | +8.0% | +1.0% | Frontline posts a record quarter as tanker rates remain elevated |
| HEI HEICO Corporation | FY2026 Q3 · Calendar Q3 2026 | +9.9% | -1.4% | HEICO reports record Q3 growth as acquisitions broaden its platform |
Latest beats and misses
Who reports nextBeat on EPS
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
- CASYFY2027 Q1 · September 8, 2026+8.7% EPS-14.2% move
Get the HEI-A recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-08-27T14:21:47.790204+00:00
- FN2 earnings calendar · 2026-09-21T01:23:13.071796+00:00
- Polygon adjusted daily market bars
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-21T05:40:49.719858+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.