BofA Securities Increased Its Price Target on HEICO Corporation (HEI) to $400

HEICO Corporation (NYSE:HEI) is one of the 10 Best Defense Contractor Stocks to Buy Now.

On September 5, 2025, BofA Securities increased its price target on HEICO Corporation (NYSE:HEI) from $355 to $400, maintaining a ‘Buy’ rating. The investment bank cited the company’s nimble, decentralized operations and focus on lower pricing that continue to drive market share gains.

Furthermore, in its latest quarter, HEICO Corporation (NYSE:HEI) reported a 30% year-over-year increase in its net income, which hit $177.3 million. Meanwhile, net sales grew 16% and operating income climbed 22% to $265 million. For the first nine months of fiscal 2025, the company’s net income rose 34%, sales climbed 15%, and operating income increased by 22%. BofA believes the company is well-positioned to sustain its double-digit growth, thanks to its pricing strategy and tactical supply-chain management, despite industry pressures.

HEICO Corporation (NYSE:HEI) offers aerospace, defense, and electronic products and services globally. It is one of the Best Defense Contractor Stocks.

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