Heico Q2 Revenue Jumps 25% to $1.38B, Jefferies Raises Target to $410
HEI•Heico reported record Q2 revenue of $1.38B, up 25% year-over-year, and EPS surged to $1.66 from $1.12, driving net income growth of 49% to $233.8M and organic sales up 18%. Jefferies maintained its Buy rating and lifted the price target from $375 to $410.
1. Record Financial Performance
For the quarter ending April 2026, Heico generated $1.38B in revenue, marking a 25% year-over-year increase. EPS rose to $1.66 from $1.12, net income climbed 49% to $233.8M, and organic net sales expanded by 18%, surpassing consensus forecasts.
2. Jefferies Rating Lift
Jefferies affirmed its Buy rating on Heico and raised its price target from $375 to $410, reflecting heightened confidence in sustained growth and strong profitability metrics.
3. Strategic Market Position
Heico's focus on aerospace and defense components, including specialized aircraft replacement parts and electronics for space and military markets, underpins its stable demand and market leadership across commercial and defense customers worldwide.
