CW
Curtiss-Wright Corporation
NYSE: CW · INDUSTRIALS · AEROSPACE & DEFENSE
$728.58
-1.38% today
Updated 2026-06-05
Market cap
$28.00B
P/E ratio
55.57
P/S ratio
7.76x
EPS (TTM)
$13.64
Dividend yield
0.13%
52W range
$458 – $769
Volume
0.3M
Curtiss-Wright Corporation (CW) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed CW price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$728.58
Today
Analyst consensus
$746.67
+2.48% · 12M
2030 Base
$806.47
+10.69% future
NPV today
$535.24
@ 9% WACC
13 analysts:
4 Buy3 Hold0 Sell
Management guidance
Curtiss-Wright raised full-year 2026 guidance following strong Q1 results, projecting double-digit revenue and EPS growth for FY2026. Management cited record orders ($1.2B in Q1, 1.3x book-to-bill) and robust backlog ($4.3B, 90% convertible within 36 months) as drivers of sustained growth through 2028+. Company is transitioning to prototype manufacturing for X-energy's Xe-100 advanced reactor, signaling entry into high-growth commercial nuclear segment with multi-year revenue visibility.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
CW · Curtiss-Wright Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$433.32
NPV today: $287.59
Base case (2030)
$806.47
NPV today: $535.24
Bull case (2030)
$1,366.20
NPV today: $906.72
WallStSmart.com
CW financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $3.5B | $4.0B | $4.7B | $5.4B | $6.1B | $6.9B |
| Revenue growth | 12.1% | 11.4% | 16.4% | 14.9% | 13.9% | 12.8% |
| Net margin | — | 14.8% | 14.9% | 15.0% | 15.1% | 14.9% |
| EPS | $13.24 | $16.10 | $18.90 | $21.80 | $24.90 | $27.80 |
| Diluted shares | — | 37M | 37M | 37M | 37M | 37M |
| Net debt | — | $494.48M | $-57.53M | $-692.10M | $-1.42B | $-2.23B |
| P/S multiple | — | 4.0x | 4.0x | 4.0x | 4.0x | 4.0x |
| Implied price (base) | — | $421.48 | $507.29 | $599.48 | $699.26 | $806.47 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $6.9B | $6.9B | $6.9B |
| P/S multiple | 2.0x | 4.0x | 7.0x |
| Diluted shares | 37M | 37M | 37M |
| Net debt | $-2.23B | $-2.23B | $-2.23B |
| Implied P/E † | 16x | 29x | 49x |
| 2030 Price | $433.32 | $806.47 | $1,366.20 |
| NPV @ 9% | $287.59 | $535.24 | $906.72 |
† Implied P/E: Multiples remain elevated across all three scenarios because CW is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $806.47 base case
CW catalysts and risks
Growth catalysts
+ Defense spending acceleration post-2024 elections; U.S. Air Force C-17 modernization platform contract (Boeing partnership)
+ Commercial nuclear buildout: X-energy Xe-100 reactor prototype manufacturing; DOE nuclear expansion push creating TAM for advanced reactor components
+ Aerospace & Industrial segment double-digit growth sustained by defense and commercial OEM demand; Naval & Power segment benefiting from submarine and carrier modernization programs
+ Record backlog ($4.3B) with 90% conversion target within 36 months = near-certain revenue visibility through 2028
+ 10 consecutive years of dividend increases + share buyback program = disciplined capital allocation signaling management confidence in growth trajectory
Key risks
- Valuation risk: P/E of 53.4x and P/S of 7.44x are historically elevated; any revenue deceleration below 8-10% CAGR could trigger multiple compression
- Defense budget uncertainty: Federal spending constraints or geopolitical de-escalation could slow Aerospace & Defense orders; reliance on U.S. government contracts (~60-70% of mix) creates concentration risk
- Commercial nuclear execution risk: X-energy transition to prototype manufacturing is capital-intensive and timeline-dependent; regulatory delays or customer capex pullbacks could delay revenue ramp
- Integration risk from M&A: Company has pursued strategic acquisitions to drive growth; integration execution and synergy realization are critical to hitting revenue targets
- Margin compression: Rapid growth at elevated capex levels (supporting nuclear and advanced aerospace programs) could pressure operating margins from current 18.5% level
Methodology · Curtiss-Wright Corporation 2030 stock forecast model
Curtiss-Wright Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (0% cumulative for CW by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-2.23B by 2030) |
| 3. Time value | NPV calculated using 9% WACC (CAPM: beta 0.865) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 4.0x / bull 7.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
CW price target FAQ
What is the CW price target for 2030?
WallStSmart's Curtiss-Wright Corporation 2030 base case is $806.47 per share, with a bull case of $1,366.20 and bear case of $433.32. The NPV of the base case discounted to today at 9% WACC is $535.24.
How is the Curtiss-Wright Corporation 2030 stock forecast calculated?
The CW 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the CW price target account for dilution?
Curtiss-Wright Corporation is projected to grow diluted share count from 37M to 37M by 2030 (a 0% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 0%.
What is the analyst consensus on CW stock?
13 analysts cover CW with an average 12-month price target of $746.67. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.