Woodward is an aerospace and defense components manufacturer with four consecutive earnings beats averaging 14.4% above estimates, 23% year-over-year earnings growth, and best-in-class margins and return on equity relative to peers — though a forward price-to-earnings of 37.4x and a price within 1.1% of its 52-week high leave virtually no margin of safety at current levels.
Thesis pillars
- Best In Class Margins Roe→Stable
- Consistent Earnings Beat Streak→Stable
- Strong Growth Trajectory→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Nov 25, 2025· older than 90 days
Woodward, Inc. (WWD) Stock Analysis
Catalyst-Driven edge
Industrials · Aerospace & Defense
Sell if holding. At $332.69, A.R:R 0.7:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 10.0%; Concentration risk — Supplier: single source of supply.
Woodward designs and manufactures control systems for aerospace and industrial markets from facilities in the U.S., Europe, and Asia. Revenue comes from OEM product sales and aftermarket services; the top five customers — including RTX Corporation, GE Aerospace, and The Boeing... Read more
Sell if holding. At $332.69, A.R:R 0.7:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 10.0%; Concentration risk — Supplier: single source of supply. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.2/10, moderate confidence.
Passes 5/8 gates (positive momentum, clean insider activity, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated Oct 21, 2026Recent Developments — Woodward, Inc.
Latest news
- NEWS Woodward (NASDAQ:WWD) Stock Price Breaks Below 200 Day Moving Average - Here's What Happened - MarketBeat — MarketBeat Oct 21, 2026 negative
- NEWS Woodward, Inc. (NASDAQ:WWD) Stock Has Consensus Price Target of $418.36 According to Analysts - MarketBeat — MarketBeat Oct 21, 2026 neutral
- NEWS Woodward stock holds near its yearly high on September 23 - AD HOC NEWS — AD HOC NEWS Sep 23, 2026 positive
- NEWS Woodward, Inc. Declares Quarterly Cash Dividend, Payable on December 3, 2026 - marketscreener.com — marketscreener.com Sep 16, 2026 neutral
- NEWS Woodward Board Approves Quarterly Dividend, Signaling Stability - TipRanks — TipRanks Sep 16, 2026 positive
Latest item Oct 21, 2026 · Generated 2026-11-04T11:39:51Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomertop five customers36%10-K Item 1: 'Sales to our five largest customers represented approximately 36% of our consolidated net sales for the fiscal year ended September 30, 2025'
- LOWCustomerU.S. Government20%10-K Item 1A: 'Sales made directly to U.S. Government agencies and entities ... accounted for approximately 20% of total sales in fiscal year 2025'
- MEDIUMGeographiccustomers outside the United States46%10-K Item 1A: 'approximately 46% of our total sales were made to customers in jurisdictions outside of the United States'
- HIGHSuppliersingle source of supply10-K Item 1A: 'In some instances, we depend upon a single source of supply, manufacturing, or logistics support'
Material Events(8-K, last 90d)
- 2026-06-05Item 5.02MEDIUMTerence J. Voskuil, EVP Chief Technology Officer Aerospace, notified Woodward of intention to retire effective October 2, 2026. Will continue in current role until effective date. No successor named.SEC filing →
- 2026-04-24Item 5.02LOWFrederico F. Curado elected to Board of Directors effective June 1, 2026, appointed to Audit Committee. Board size increased from 9 to 10 directors. No departure cited.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
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $332.69, A.R:R 0.7:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 10.0%; Concentration risk — Supplier: single source of supply. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $309.40. Score 6.2/10, moderate confidence.
Analyst target: $365.83 (+10.0% upside). Prior stop was $309.40. Stop-loss: $309.40.
Concentration risk — Supplier: single source of supply; Thin upside margin: 10.0%; Sector modifier (Industrials): -0.7.
Woodward, Inc. trades at a P/E of 37.0 (forward 30.9). TrendMatrix value score: 4.2/10. Verdict: Sell.
18 analysts rate WWD, with a consensus score of 4.1/5. 12 analysts publish price targets averaging $421.
What does Woodward, Inc. do?Woodward designs and manufactures control systems for aerospace and industrial markets from facilities in the U.S.,...
Woodward designs and manufactures control systems for aerospace and industrial markets from facilities in the U.S., Europe, and Asia. Revenue comes from OEM product sales and aftermarket services; the top five customers — including RTX Corporation, GE Aerospace, and The Boeing Company — accounted for approximately 36% of fiscal year 2025 net sales.