WallStSmart
HEI-

HEICO Corporation

NYSE: HEI-A · INDUSTRIALS · AEROSPACE & DEFENSE

$209.02
+3.85% today

Updated 2026-04-30

Market cap
$28.67B
P/E ratio
40.62
P/S ratio
6.19x
EPS (TTM)
$5.06
Dividend yield
0.12%
52W range
$197 – $280
Volume
0.3M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

HEICO Corporation (HEI-A) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$209.02
Consensus
$315.00
+50.70%
2030 Target
$704.52
+237.06%
DCF
$242.74
-1.75% MoS
15 analysts:
12 Buy3 Hold0 Sell

Management guidance

No specific revenue targets or CAGR guidance found in available disclosures. CEO commentary focuses on organic growth momentum, strategic M&A, and operational excellence. Q4 FY2025 showed 19% net sales growth and 21 consecutive quarters of sequential sales growth in Flight Support Group, but no formal 2026-2030 revenue targets were publicly stated.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,195.54
$9.3B Rev × 20x P/S
Base case (2030)
$704.52
$9.3B Rev × 12x P/S
Bear case (2030)
$469.68
$9.3B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$3.0B$3.9B$4.5B$5.3B$6.2B$7.1B$8.2B$9.3B
Revenue growth—30.0%16.3%15.5%15.5%15.5%14.7%14.2%
EPS$2.94$3.66$4.91$5.82$6.73$7.78$8.90$10.14
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$405.63$469.68$533.73$619.12$704.52

Catalysts & risks

Growth catalysts
+ Sustained aerospace aftermarket demand from aging global commercial aircraft fleet
+ Defense spending increases and missile program expansion mentioned in recent news
+ Strategic M&A pipeline (completed EthosEnergy, Axillon, and other acquisitions in FY2026)
+ Electronic Technologies Group growth from defense/space/medical demand
+ 21 consecutive quarters of sequential Flight Support Group sales growth momentum
Key risks
- Premium valuation at 41.9x P/E and 7.76x EV/Sales limits upside; any slowdown punished severely
- Geopolitical uncertainty affecting defense budgets and international aerospace demand
- Integration execution risk from aggressive M&A strategy ($2B+ annual acquisition pace)
- Commercial aviation cycle dependency; economic downturn would hit aftermarket demand
- Recent institutional selling and momentum weakness noted despite fundamentals

Methodology

HEICO Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.