# Applied Aerospace & Defense, Inc. (AADX)

> Source: Nexqual · https://nexqual.com/AADX · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Applied Aerospace & Defense, Inc. (AADX), nexqual.com/AADX" · informational, not investment advice.

**Price:** USD 11.82 (+7.65% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 10.98 · day 10.92–11.92 · 52w 9.4–24.24 · market cap $2.04B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold AADX (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (8 analysts), mean target USD 22.5 (range 16–30).
- Total return with dividends: 1Y -42.2% vs S&P 500 +14.8%; 5Y -32.6% vs S&P 500 +79.1%.
- Next earnings: 2026-11-11, EPS estimate USD 0.12, revenue estimate $170M. All companies reporting that day: https://nexqual.com/earnings/2026-11-11
- Dividend: AADX paid no cash dividend in the last five years.
- Short interest: 6,786,111 shares (as of 2026-10-15), 2.9 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/B 2.5x · Earnings yield -8.89% · Net debt $382M · EV $2.42B

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold AADX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | <0.01% | $2.8M | New position |

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 8 analysts; mean target USD 22.5 (low 16, high 30).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-28 | RBC Capital | Target lowered | Outperform | $21 → $18 |
| 2026-10-19 | Morgan Stanley | Target lowered | Equal-Weight | $24 → $16 |
| 2026-10-13 | RBC Capital | Target lowered | Outperform | $24 → $21 |
| 2026-09-15 | Guggenheim | Initiated | Buy | $30 |
| 2026-08-14 | B of A Securities | Target lowered | Buy | $24 → $23 |
| 2026-08-13 | Morgan Stanley | Target raised | Equal-Weight | $23 → $24 |

## Total return (dividends reinvested)
|  | 1Y (from 2026-06-03) | 5Y (from 2026-06-01) |
|---|---|---|
| Total return | -42.2% | -32.6% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | — | — |
| Volatility (annualized) | 81.5% | 77.9% |
| Max drawdown | -58.5% (Jul 2026→Oct 2026) | -56.6% (Jun 2026→Oct 2026) |

## Dividends
AADX paid no cash dividend in the last five years.

## Short interest
6,786,111 shares sold short, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 3,268,914 shares (+107.6%). Days to cover: 2.9 (short shares ÷ average daily volume).

## Peers (Aerospace & Defense)
AVAV (AeroVironment, Inc.) USD 134.88 +7.09% · SARO (StandardAero, Inc.) USD 23.79 +7.11% · KTOS (Kratos Defense & Security Solut) USD 43.59 +5.88% · CAE (CAE Inc) USD 26.27 +1.98% · DRS (Leonardo DRS, Inc.) USD 39.64 +11.66% · MOG-A (Moog Inc.) USD 362.81 +4.41%

## More
Full page: https://nexqual.com/AADX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.12 | $0.08 | +53.3% | $170.4M | 4 |
| Next quarter (ends 2026-12-31) | $0.15 | $0.13 | +15.0% | $208.2M | 3 |
| Current fiscal year (ends 2026-12-31) | $-0.97 | $0.10 | −$1.08 | $682.4M | 2 |
| Next fiscal year (ends 2027-12-31) | $0.40 | $0.42 | -5.4% | $788.2M | 4 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.25 | $0.01 | Miss −$0.26 | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).