Loar Holdings Inc. (LOAR) a Strong Buy, Per Wall Street

Loar Holdings Inc. (NYSE:LOAR) is among the 10 best American defense stocks to buy according to Wall Street analysts.

As of the close of business on February 5, the stock is a Strong Buy, with a one-year average share price target of $86.65, representing an upside of 33.27%.

Loar Holdings Inc. (LOAR) a Strong Buy, Per Wall Street

Recent updates include Citigroup analyst John Godyn cutting the stock price target to $81 from $87 on Thursday while maintaining a Buy rating. This is an adjustment to the firm’s January revision to LOAR, when it raised the price target to $87 from $83, citing strong momentum in the aerospace and defense sector.

In other news, on January 22, Loar Holdings Inc. (NYSE:LOAR) announced it had completed its acquisition of Harper Engineering for $250 million. The company produces mechanical components for aircraft interiors. The transaction is expected to result in tax benefits of around $30 million for Loar.

This follows Loar’s acquisition of LMB Fans & Motors in December for €367 million plus assumed debt. The takeover is projected to add $60 million in revenue and $30 in adjusted EBITDA for 2026.

Loar Holdings Inc. (NYSE:LOAR) designs and manufactures niche aerospace and defense components for aircraft and aerospace and defense systems.

While we acknowledge the risk and potential of LOAR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LOAR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.