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Moog posts record Q1 revenue of $1.10B, raises 2026 outlook with strong backlog and space contracts.

Market News
23 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Moog reported a record first-quarter fiscal 2026 revenue of $1.10 billion, up 21.2% year-over-year, and raised its full-year revenue forecast to $4.3 billion with EPS guidance increased to $10.20. The company’s order intake hit $2.3 billion, boosting its 12-month backlog by 30% to $3.3 billion, providing strong future revenue visibility. Key growth drivers include high-profile NASA Artemis II mission contracts and the recent acquisition of COTSWORKS, expanding Moog's aerospace and defense technology portfolio. Analysts remain bullish with most maintaining buy ratings and a target price around $324.50, reflecting confidence in Moog's balanced growth across aerospace segments and strong margin prospects.

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