WWD
Woodward Inc
NASDAQ: WWD · INDUSTRIALS · AEROSPACE & DEFENSE
$370.25
-0.73% today
Updated 2026-06-05
Market cap
$23.05B
P/E ratio
46.33
P/S ratio
5.77x
EPS (TTM)
$8.35
Dividend yield
0.30%
52W range
$233 – $407
Volume
0.7M
Woodward Inc (WWD) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed WWD price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$370.25
Today
Analyst consensus
$413.50
+11.68% · 12M
2030 Base
$414.86
+12.05% future
NPV today
$273.03
@ 10% WACC
15 analysts:
11 Buy4 Hold0 Sell
Management guidance
Woodward raised FY2026 sales guidance to 20-23% growth (from prior estimates), with net sales expected to reach $4.37B-$4.60B. CEO Charles Blankenship highlighted 'all-time highs' in both Aerospace and Industrial segments driven by robust commercial aircraft production recovery and energy demand. The company expects adjusted EPS of $9.15-$9.45 for FY2026, signaling confidence in margin expansion alongside revenue growth.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
WWD · Woodward Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$161.69
NPV today: $106.41
Base case (2030)
$414.86
NPV today: $273.03
Bull case (2030)
$668.02
NPV today: $439.63
WallStSmart.com
WWD financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $3.6B | $4.5B | $5.2B | $6.0B | $6.8B | $7.6B |
| Revenue growth | 7.3% | 24.6% | 16.4% | 14.9% | 13.4% | 12.3% |
| Net margin | — | 12.5% | 12.9% | 13.2% | 13.2% | 13.3% |
| EPS | $2.17 | $9.32 | $11.18 | $13.12 | $14.95 | $16.82 |
| Diluted shares | — | 60M | 60M | 60M | 60M | 60M |
| Net debt | — | $54.12M | $-384.62M | $-888.57M | $-1.46B | $-2.10B |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $222.93 | $266.73 | $313.55 | $362.92 | $414.86 |
★ 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 | $7.6B | $7.6B | $7.6B |
| P/S multiple | 1.0x | 3.0x | 5.0x |
| Diluted shares | 60M | 60M | 60M |
| Net debt | $-2.10B | $-2.10B | $-2.10B |
| Implied P/E † | 10x | 25x | 40x |
| 2030 Price | $161.69 | $414.86 | $668.02 |
| NPV @ 10% | $106.41 | $273.03 | $439.63 |
† Implied P/E: Multiples remain elevated across all three scenarios because WWD 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 $414.86 base case
WWD catalysts and risks
Growth catalysts
+ Valve Research & Manufacturing acquisition (announced Mar 2026) expands next-generation aircraft control systems portfolio
+ Elite-level MRO licensing agreements with Lufthansa Technik and AFI KLM E&M for CFM LEAP engine controls—recurring aftermarket revenue stream
+ Commercial aerospace recovery: Boeing/Airbus production rates normalizing post-COVID; long-haul international travel rebounding post Iran peace framework
+ Industrial segment: Energy-to-data-center power conversion demand (fuel cells, gas turbines) accelerating with AI/hyperscaler capex ($100B+ annual spend)
+ Defense spending tailwinds: U.S. military modernization, F-35 production, rotorcraft upgrades
Key risks
- Supply chain constraints and capacity limitations acknowledged by management; capex required to scale production may pressure margins in 2026-2027
- Commercial aerospace cycle risk: Boeing/Airbus production delays, macroeconomic recession reducing travel demand, or aircraft order cancellations
- Integration execution risk on VRM acquisition and ability to realize synergies within 18-24 months
- Competitive pressure from Honeywell, Collins Aerospace, and Raytheon in control systems market
- Valuation: Currently trading at 44.3x P/E and 37.5x forward P/E—elevated multiple leaves limited margin of safety if growth disappoints
Methodology · Woodward Inc 2030 stock forecast model
Woodward Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for WWD by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-2.10B by 2030) |
| 3. Time value | NPV calculated using 10% WACC (CAPM: beta 0.916) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 3.0x / bull 5.0x |
| 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.
WWD price target FAQ
What is the WWD price target for 2030?
WallStSmart's Woodward Inc 2030 base case is $414.86 per share, with a bull case of $668.02 and bear case of $161.69. The NPV of the base case discounted to today at 10% WACC is $273.03.
How is the Woodward Inc 2030 stock forecast calculated?
The WWD 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 WWD price target account for dilution?
Woodward Inc is projected to grow diluted share count from 60M to 60M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on WWD stock?
15 analysts cover WWD with an average 12-month price target of $413.50. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.