Morgan Stanley cuts target for HEICO stock from USD 365.00 to USD 345.00

Published on 10/20/2026 at 19:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 1.41 billion in fiscal third quarter. HEICO stock costs EUR 271.30 on October 20, 2026, down 0.70 percent versus the Xetra close.

Analyst target reset

Morgan Stanley lowered its HEICO target from USD 365.00 to USD 345.00 on October 16, 2026.
Fiscal third-quarter revenue reached USD 1.41 billion, up 23.10 percent year over year.
HEICO stock costs EUR 271.30 at Lang & Schwarz on October 20, 2026 at 7:19 p.m. CEST, 0.70 percent below the Xetra close and 19.23 percent below its USD 376.86 high.
The next earnings report is scheduled for December 21, 2026.

HEI, US4228061093, Illustration mit AI erstellt.

HEICO (US4228061093) faces a lower analyst target as Markets Insider reported on October 16, 2026 that Morgan Stanley cut its price target from USD 365.00 to USD 345.00 while retaining an Equal Weight rating. HEICO stock was trading at EUR 271.30 at Lang & Schwarz on October 20, 2026 at 7:19 p.m. CEST, down 0.70 percent versus the Xetra close of October 19, 2026 at EUR 273.20.

Revenue growth remains the anchor

HEICO's fiscal third-quarter revenue reached USD 1.41 billion for the period ended July 31, 2026, up 23.10 percent from the year-earlier quarter. Net income attributable to common shareholders was USD 235.44 million, while diluted earnings per share came to USD 1.67.

The figures came after the company's August 25, 2026 release, which described record fiscal third-quarter net income up 33.00 percent, operating income up 34.00 percent and net sales up 23.00 percent. The release also reported 14.00 percent quarterly organic net sales growth. Those figures place the analyst target cut alongside continued operating expansion rather than a weaker reported quarter.

Stock sits below its yearly high

On the NYSE, HEICO last traded at USD 304.39 on October 20, 2026 at 1:28 p.m. ET. Its market capitalization was USD 42.4 billion, the trailing P/E ratio was 50.75 and volume stood at 105,807 shares at that timestamp.

The primary-exchange 52-week range was USD 256.11 to USD 376.86. The latest USD price was 19.23 percent below the high and 18.86 percent above the low, while the euro quotation remained below the October 19 Xetra close.

Valuation meets the next reporting date

The next earnings report is scheduled for December 21, 2026, according to TradingView. Its estimate lists next-quarter revenue at USD 1.43 billion and earnings per share at USD 1.65, compared with fiscal third-quarter revenue of USD 1.41 billion and earnings per share of USD 1.67.

HEICO operates through its Flight Support Group and Electronic Technologies Group, serving aerospace, defense, industrial and electronics customers, according to HEICO. The company says its parts business holds more than 19,500 FAA approvals and produces more than 500 new engineered parts annually.

Analyst target versus aerospace valuation

Morgan Stanley's USD 345.00 target stands 13.34 percent above the NYSE price of USD 304.39, leaving a wider gap than the target cut itself suggests. TransDigm traded at USD 1,137.46 with a P/E of 34.49 and a market capitalization of USD 62.9 billion, compared with HEICO's USD 42.4 billion valuation and 50.75 P/E.

HEICO stock after the Xetra close

The euro quotation was 0.70 percent below the Xetra close of October 19, 2026, while the NYSE price remained 19.23 percent below its 52-week high. The next scheduled earnings date is December 21, 2026.

The further course of trading is shown by the continuously updated real-time quote of HEICO stock.