Curtiss-Wright has delivered four consecutive earnings beats on strong technical momentum and best-in-class quality metrics, but at a forward P/E of 44.7 times and with the stock trading above its near-term price target, the risk/reward is unfavorable for new entry from current levels.
Thesis pillars
- Best In Class Margins Quality→Stable
- Consistent Reliable Earnings Beats↑Improving
- Strong Technical Momentum Breakout→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 12, 2026· older than 90 days
Curtiss-Wright Corporation (CW) Stock Analysis
Industrials · Aerospace & Defense
Sell if holding. Multiple concerning factors at $452.13: Concentration risk — Customer: U.S. Government and foreign government end use (58.0%); Concentration risk — Supplier: sole-source component suppliers.
Curtiss-Wright designs and manufactures highly engineered products for aerospace & defense, naval and power markets across three segments, with 58% of 2025 net sales to U.S. and foreign governments. The company serves U.S. Navy submarine programs, commercial nuclear plants and... Read more
Sell if holding. Multiple concerning factors at $452.13: Concentration risk — Customer: U.S. Government and foreign government end use (58.0%); Concentration risk — Supplier: sole-source component suppliers. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.1/10, moderate confidence.
Passes 7/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news boost earnings 0.80, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.
About Curtiss-Wright Corporation
About Curtiss-Wright Corporation
Defense Electronics, Naval & Power and Aerospace & Industrial together generated 58% of 2025 net sales from U.S. Government and foreign government end-use customers, with U.S. Government sales alone totaling $1,647 million across Curtiss-Wright's three segments. The company employed approximately 9,100 people in more than 20 countries at year-end 2025, with 6% covered by labor union agreements, and carried a backlog of approximately $4.1 billion.
Curtiss-Wright earns revenue through three segments: Defense Electronics (embedded computing, data acquisition and tactical communications for U.S. and allied defense programs on more than 400 platforms), Naval & Power (propulsion equipment, steam turbines and coolant pumps for Virginia-class and Columbia-class submarines and the Ford-class carrier, plus commercial nuclear plant hardware for North America, the U.K. and South Korea), and Aerospace & Industrial (sensors, surface technology and specialty vehicle products sold to commercial OEM programs). U.S. defense spending—the source of roughly 47% of 2025 net sales—has historically been cyclical and subject to congressional funding cycles. Several component suppliers hold sole-source positions; if a sole-source supplier ceases or delays delivery, the company may be unable to produce the related product in sufficient quantities. Foreign pre-tax earnings grew from 35% of the total in 2023 to 41% in 2025.
Show full overview
Two named naval programs—Virginia-class and Columbia-class submarines—are cited in the Naval & Power segment as key revenue drivers, making continued U.S. Navy shipbuilding appropriations a discrete program-level risk. The One Big Beautiful Bill Act enacted July 4, 2025 raised the federal debt ceiling by $5 trillion, reducing near-term risk of contract delays from a debt-ceiling impasse. However, U.S. Government contracts can be terminated for convenience at any time, and option years may go unexercised if an agency lacks funding or is dissatisfied with performance.
See also: Industrials · Aerospace & Defense
From Curtiss-Wright Corporation's most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated Oct 31, 2026Recent Developments — Curtiss-Wright Corporation
Latest news
- NEWS Curtiss-Wright Corp (CW) Shares Fall 4.2% -- What GF Score of 93 Tells Investors - GuruFocus — GuruFocus Oct 31, 2026 negative
- NEWS Is Curtiss Wright (CW) A Bargain As TerraPower Progress And Earnings Optimism Build? - Simply Wall St — Simply Wall St Oct 28, 2026 positive
- NEWS Curtiss-Wright (CW) Earnings Expected to Grow: Should You Buy? - Yahoo Finance — Yahoo Finance Oct 28, 2026 positive
- NEWS Curtiss Wright (CW) Stock Could Be 12% Overvalued Despite $700 Million Buyback - simplywall.st — simplywall.st Sep 23, 2026 positive
- NEWS Curtiss-Wright Announces CEO Succession and Leadership Transition - The Globe and Mail — The Globe and Mail Sep 23, 2026 neutral
Latest item Oct 31, 2026 · Generated 2026-11-05T11:39:29Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerU.S. Government and foreign government end use58%10-K Item 1: 'Our sales to the U.S. Government and foreign government end use represented 58%, 57%, and 56% of total net sales during 2025, 2024, and 2023, respectively.'
- MEDIUMCustomerU.S. defense programs47%10-K Item 1A: 'In 2025, approximately 47% of our total net sales were derived from or related to U.S. defense programs.'
- HIGHSuppliersole-source component suppliers10-K Item 1A: 'several suppliers are our sole source of certain components. If a sole-source supplier is delayed or should cease or otherwise be unable to deliver such components'
Material Events(8-K, last 90d)
- 2026-05-20Item 1.02MEDIUMCurtiss-Wright terminated its $750 million revolving credit facility (entered May 2022, maturing May 2027) concurrent with entering a new $1 billion revolving credit facility maturing May 2031. No early termination penalties incurred.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $452.13: Concentration risk — Customer: U.S. Government and foreign government end use (58.0%); Concentration risk — Supplier: sole-source component suppliers. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $433.76. Score 6.1/10, moderate confidence.
Analyst target: $592.80 (+31.1% upside). Prior stop was $433.76. Stop-loss: $433.76.
Concentration risk — Customer: U.S. Government and foreign government end use (58.0%); Concentration risk — Supplier: sole-source component suppliers; Sector modifier (Industrials): -0.7.
Curtiss-Wright Corporation trades at a P/E of 31.1 (forward 26.2). TrendMatrix value score: 5.7/10. Verdict: Sell.
18 analysts rate CW, with a consensus score of 4.1/5. 8 analysts publish price targets averaging $681.
What does Curtiss-Wright Corporation do?Curtiss-Wright designs and manufactures highly engineered products for aerospace & defense, naval and power markets...
Curtiss-Wright designs and manufactures highly engineered products for aerospace & defense, naval and power markets across three segments, with 58% of 2025 net sales to U.S. and foreign governments. The company serves U.S. Navy submarine programs, commercial nuclear plants and defense electronics, with approximately 9,100 employees in more than 20 countries and backlog of approximately $4.1 billion.