11 Best Performing Stocks in the Last 12 Months

6. Astronics Corporation (NASDAQ:ATRO)

1-Year Share Performance: 358.24%

Number of Hedge Fund Holders: 37

On January 21, 2026, Astronics Corporation (NASDAQ:ATRO) launched its latest diagnostics tool, the FaultFinder Electronic Troubleshooting System (ETS). FaultFinder ETS, a compact, automated circuit card testing solution, is part of the PinPoint product family that identifies and evaluates system faults with high accuracy. Furthermore, it features reverse-engineering capabilities that generate schematics for undocumented boards. As a result, the solution reduces diagnostic time and manual effort, while supporting long-term system maintenance. Workflow efficiency across mission-critical operations will also be enhanced, as the tool integrates seamlessly with Astronics Corporation (NASDAQ:ATRO)’s APMARS automated probe system.

Meanwhile, on January 9, 2026, Truist raised its price target on Astronics Corporation (NASDAQ:ATRO) from $58 to $75, while reiterating a ‘Buy’ rating. The firm’s bullish stance reflects a strong outlook for the Original Equipment (OE) and Aftermarket (AM) segments amid sustained aerospace production, strong aftermarket demand, and defense recapitalization needs. However, the firm believes valuations across the sector are already high despite fewer immediate defense catalysts. Thus, Truist cautions investors to be selective, particularly among SMID defense technology names.

Astronics Corporation (NASDAQ:ATRO) is focused on designing and manufacturing aerospace and defense systems, including power, avionics, lighting, safety, and automated test solutions for global commercial and military applications.