EL7.AI
StocksMedium•9 August 2026•
1 min read

Jefferies Hikes Loar Holdings Target to $88 Following Record Q2 Earnings

Key Facts

1Jefferies raised its price target for Loar Holdings to $88 from $75 while maintaining a Buy rating.
2The company reported Q2 earnings of $0.38 per share, beating analyst estimates of $0.31 per share.
3Net sales grew 39.4% to $171.60 million, driven by strong demand in the commercial aerospace sector.

In a move reflecting the robust performance of the aerospace and defense sector, Jefferies has raised its price target for Loar Holdings from $75 to $88 while maintaining a Buy rating. This update follows the company's record-breaking second-quarter results, where it reported earnings of $0.38 per share, significantly beating analyst estimates of $0.31. These results underscore the company's ability to capitalize on current market momentum and deliver sustained growth in operational profitability.

Net sales surged by 39.4% to $171.60 million, primarily driven by a 28% increase in commercial original equipment manufacturer (OEM) sales. The company also reported a 47.4% rise in adjusted EBITDA to $69.40 million, marking its sixteenth consecutive quarter of sequential growth. This performance, which included 12% organic sales growth, indicates high operational efficiency within the manufacturing landscape.

Looking ahead, the company has raised its full-year 2026 guidance based on continued strong demand. Factory Orders which saw a slight 0.3% decline as of August 2026.