Benchmark Co. analyst Josh Sullivan maintained a Buy rating on FTAI Aviation (FTAI – Research Report) today and set a price target of $300.00.
Josh Sullivan has given his Buy rating due to a combination of factors that highlight FTAI Aviation’s strong financial performance and strategic initiatives. The company reported a significant beat in its fourth-quarter 2024 adjusted EBITDA, surpassing market expectations. This performance is indicative of FTAI’s consistent ability to exceed its initial guidance metrics, a trend that has been observed since the COVID period. Additionally, FTAI maintained its fiscal year 2025 adjusted EBITDA guidance while introducing a new forecast for adjusted free cash flow, demonstrating confidence in its financial outlook.
Furthermore, FTAI raised its fiscal year 2026 EBITDA guidance, which was already ahead of market expectations, indicating robust growth prospects. The company’s strategic expansion into new geographies, such as the acquisition of a stake in IAG Engine Center Europe, enhances its operational capacity and market reach. This expansion, coupled with FTAI’s historical trend of conservative guidance followed by outperformance, supports the positive outlook and justifies the Buy rating. Sullivan believes that these factors position FTAI as a compelling investment opportunity, with the potential for significant stock appreciation.
In another report released today, Barclays also maintained a Buy rating on the stock with a $180.00 price target.