Here Is What Analysts Are Saying About HEICO Corporation (HEI)

HEICO Corporation (NYSE:HEI) is among the 12 Best Defense Stocks to Buy Right Now. The company manufactures jet engines and aircraft parts. It also supports the government through activities such as reverse engineering, manufacturing aircraft engines and parts, and repair and maintenance services.

Wall Street analysts have a bullish outlook for the stock, with a consensus Buy rating and a one-year average price target of $349.47, representing a 10% upside potential from the share price as of the close of business on September 19.

On September 5, BofA hiked HEICO Corporation (NYSE:HEI)’s price target to $400 from $355, while maintaining a Buy rating for its shares. The analyst believes that elevated defense spending from America and its allies is creating opportunities for the company to continue benefiting and drive market share gains through lower pricing.

Earlier in the month, Barclays also raised the stock’s price target to $300 from $280 and reiterated an Equal-Weight rating for its shares. The analysts updated HEICO Corporation (NYSE:HEI)’s model following its third quarter fiscal 2025 earnings, in which the company reported a record net income of $177.3 million, up 30% year-over-year.

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