Loar Holdings Acquires Harper Engineering for $250M, Eyes 33% Upside with $86.65 Target
Loar Holdings Inc. carries a Strong Buy consensus with a one-year price target of $86.65, implying 33.27% upside after Citigroup trimmed its target to $81 from $87. It acquired Harper Engineering for $250 million and LMB Fans & Motors for €367 million, projected to add $60 million revenue and $30 million EBITDA in 2026.
1. Analyst Ratings and Price Target
Loar Holdings Inc. received a Strong Buy consensus with a one-year average price target of $86.65, implying 33.27% upside. Citigroup analyst John Godyn maintained his Buy rating while adjusting its target to $81 from $87, citing ongoing momentum in the aerospace and defense sector.
2. Acquisition of Harper Engineering
On January 22, Loar Holdings completed its acquisition of Harper Engineering for $250 million. The transaction is structured to deliver approximately $30 million in tax benefits, strengthening Loar’s balance sheet and cash flow outlook.
3. Acquisition of LMB Fans & Motors
In December, the company finalized its €367 million purchase of LMB Fans & Motors, including assumed debt. This deal is projected to add about $60 million in additional revenue and $30 million in adjusted EBITDA during 2026.
4. Future Outlook
These strategic acquisitions and analyst endorsements support Loar’s expansion in niche aerospace components. The combined impact of revenue growth, cost synergies and tax advantages underpins the potential for sustained earnings gains and significant investor upside.