Curtiss-Wright stock falls 8% after CFO transition
Published on 10/08/2026 at 02:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCurtiss-Wright stock (ISIN US2315611010) closed at USD 509.10 on the NYSE on October 7, 2026, down 8.00 percent and at a new 52-week low. The move followed a CFO transition announced on October 6, when K. Christopher Farkas stepped down and Gary Ogilby became interim CFO, according to Weiss Ratings on October 7, 2026.
CFO change meets strong results
The leadership event stands against a solid second-quarter operating picture. Curtiss-Wright reported adjusted EPS of USD 3.72 for Q2 2026, above the USD 3.62 consensus, while revenue rose 5.4 percent year over year to USD 924.01 million against a USD 926.17 million estimate, according to Weiss Ratings.
Management also raised full-year 2026 expectations. The earnings-call transcript published by Yahoo Finance says sales are projected to grow 8 percent to 9 percent, diluted EPS to grow 14 percent to 16 percent, and full-year diluted EPS to reach USD 15.10 to USD 15.40.
Analyst targets diverge
Citi cut its Curtiss-Wright price target to USD 622 from USD 793 while keeping a Neutral rating, as reported by Markets Insider on October 7, 2026. The reduction contrasts with the broader consensus tracked by MarketScreener, which shows a Buy consensus from 9 analysts and an average target of USD 786.25. That average target lies 54.44 percent above the October 7 price.
For investors, the contrast is clear: operating guidance remains constructive, while leadership uncertainty and valuation are driving the immediate stock reaction. The Q2 call also cited 12 percent year-to-date order growth and a book-to-bill ratio above 1.2, giving the business metrics a stronger tone than the share-price chart.
Next results arrive in November
Business Wire reports that Curtiss-Wright will release third-quarter 2026 results after the close on November 4, 2026, followed by a conference call on November 5, 2026, at 10:00 a.m. ET.
Stock sits at the yearly low
Curtiss-Wright stock closed at USD 509.10 on the NYSE on October 7, 2026, with a market capitalization of USD 18.8 billion and the 52-week high at USD 808.16. The next test is whether the interim finance structure can coexist with the company's raised earnings outlook.
Curtiss-Wright stock at a glance
- Company: Curtiss-Wright Corporation
- ISIN: US2315611010
- Ticker: CW
- Trading venue: NYSE
- Closing price (October 7, 2026): USD 509.10
- Market capitalization: USD 18.8 billion (as of October 7, 2026)
- 52-week range: USD 509.10-808.16 (as of October 7, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Upcoming dates for Curtiss-Wright stock
- November 4, 2026: Third-quarter 2026 financial results
- November 5, 2026: Third-quarter 2026 earnings webcast
