Jefferies Lifts FTAI Aviation Price Target to $350 on $3B EBITDA Plan
Jefferies upgraded FTAI Aviation to Buy, lifting its price target from $215 to $350 after the stock traded near $276. The company targets $3 billion EBITDA within two years by delivering 100 engines annually at $25 million each and maintaining a 40% profit margin.
1. Jefferies Upgrade and Price Target Increase
FTAI Aviation received a Buy rating upgrade with its price target raised from $215 to $350, reflecting a projected 63% upside. This adjustment follows the stock trading around $276 and signals heightened confidence in the company’s growth trajectory.
2. EBITDA and Delivery Targets
The company aims to achieve $3 billion in EBITDA over the next two years by delivering more than 100 engines annually. Each engine is priced at $25 million, and operations are structured to sustain a 40% profit margin on those sales.
3. Stock Performance and Market Metrics
FTAI Aviation shares have swung between a 52-week low of $81.45 and a high of $310, illustrating significant volatility. The stock’s recent trading range is $268.89 to $279.29, with a market capitalization near $28.25 billion and daily volume around 1.06 million shares.