Applied Aerospace & Defense (NYSE:AADX) Shares Gap Down – Time to Sell?

Posted by Brenda Bartman on Nov 11th, 2026

Shares of Applied Aerospace & Defense, Inc. (NYSE:AADX – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $10.72, but opened at $10.10. Applied Aerospace & Defense shares last traded at $10.05, with a volume of 401,462 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AADX shares. Morgan Stanley reduced their price target on Applied Aerospace & Defense from $24.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. Jefferies Financial Group set a $20.00 target price on Applied Aerospace & Defense in a research note on Monday, October 5th. Royal Bank Of Canada decreased their target price on Applied Aerospace & Defense from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Guggenheim began coverage on Applied Aerospace & Defense in a report on Monday, September 14th. They set a “buy” rating and a $30.00 price target for the company. Finally, Weiss Ratings started coverage on shares of Applied Aerospace & Defense in a research report on Friday, August 28th. They set a “sell (d)” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Applied Aerospace & Defense currently has an average rating of “Moderate Buy” and a consensus price target of $23.11.

Get Our Latest Analysis on Applied Aerospace & Defense

Applied Aerospace & Defense Stock Performance

The company has a market capitalization of $1.66 billion and a PE ratio of -38.56. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.51 and a quick ratio of 2.08. The stock’s fifty day moving average price is $11.50.

Applied Aerospace & Defense (NYSE:AADX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 11th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.09. On average, research analysts predict that Applied Aerospace & Defense, Inc. will post -0.61 earnings per share for the current fiscal year.

Institutional Trading of Applied Aerospace & Defense

Several hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its stake in Applied Aerospace & Defense by 1,171.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,199 shares of the company’s stock valued at $26,000 after purchasing an additional 2,026 shares during the period. Farther Finance Advisors LLC bought a new position in Applied Aerospace & Defense during the 3rd quarter worth $29,000. Fortitude Family Office LLC bought a new position in Applied Aerospace & Defense during the 3rd quarter worth $29,000. Mountain Hill Investment Partners Corp. bought a new position in Applied Aerospace & Defense during the 3rd quarter worth $60,000. Finally, State of Wyoming acquired a new stake in shares of Applied Aerospace & Defense during the third quarter worth $80,000.

About Applied Aerospace & Defense

(Get Free Report)

Applied Aerospace and Defense Inc. specializes in providing advanced design, engineering and vertically integrated manufacturing solutions for next-generation space and defense technology companies. Its core service offerings include design and analysis, fabrication and assembly and inspection, qualification and testing. Applied Aerospace and Defense Inc. is based in HUNTSVILLE, United States.