Moog Inc. (MOG-B) Stock Analysis
Breakout setup
Industrials · Aerospace & Defense
Hold if already holding. Not a fresh buy at $400.89, but acceptable to hold if already in. Reasons: Concentration risk — Customer: aerospace and defense OEM customers (61.0%); Near 52-week high (0.1% away).
Moog designs, manufactures, and integrates precision motion and fluid controls across four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. In fiscal 2025, U.S. Government contracts represented 38% of total sales; the twelve-month backlog... Read more
Hold if already holding. Not a fresh buy at $400.89, but acceptable to hold if already in. Reasons: Concentration risk — Customer: aerospace and defense OEM customers (61.0%); Near 52-week high (0.1% away). Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.
About Moog Inc.
About Moog Inc.
Moog Inc.'s twelve-month backlog reached $3.0 billion as of September 27, 2025, up 20% from the prior year, against a total confirmed-order backlog of $6.0 billion. Aerospace and defense OEM customers collectively generated 61% of 2025 sales, while industrial market sales contributed 25% and aftermarket support accounted for 14% of total sales. The company employs more than 13,500 people across over 20 countries.
Moog earns revenue through four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. U.S. Government contracts accounted for 38% of 2025 total sales, primarily through Space and Defense and Military Aircraft, while foreign government sales added another 9%. The Boeing Company alone represented 10% of 2025 sales across military, commercial, and space applications under long-term supply agreements, and the top five customers collectively represented approximately 31% of 2025 sales. Revenue recognition on over-time contracts follows the cost-to-cost method; fixed-price contracts accounted for 90% of over-time sales in 2025, concentrating cost overrun risk with Moog. Sole-source suppliers hold pricing power over certain components and sub-assemblies, and the 10-K notes supply chain constraints have already caused shortages and delays. Research and development expense reached $94 million in 2025, approximately 2.4% of sales.
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Moog disclosed a material weakness in its internal controls over long-term aftermarket service revenue contracts in the Commercial Aircraft segment, concluding that disclosure controls and procedures were not effective as of September 27, 2025, with remediation timing still uncertain. This control deficiency, combined with structural reliance on fixed-price cost-to-cost contracts in aerospace programs where Boeing and Airbus supply-chain challenges may affect production ramp schedules, exposes the company to potential revenue restatements and contract losses in a segment where long-term supply agreements are the primary commercial relationship.
See also: Industrials · Aerospace & Defense
From Moog Inc.'s most recent 10-K filing, extracted June 11, 2026.
Thesis
Key Metrics
Quality Signals
Concentration Risks(10-K Item 1A)
- HIGHCustomeraerospace and defense OEM customers61%10-K Item 1: 'Aerospace and defense OEM customers collectively represented 61% of 2025 sales'
- MEDIUMCustomerU.S. Government contracts38%10-K Item 1A: 'In 2025, sales under U.S. Government contracts represented 38% of our total sales, primarily within Space and Defense and Military Aircraft'
- MEDIUMCustomerfive largest customers31%10-K Item 1: 'Net sales to our five largest customers represented approximately 31% of our 2025 sales'
- LOWCustomerThe Boeing Company10%10-K Item 1A: 'We provide Boeing with controls for both military and commercial applications, as well as controls for space and defense applications, which totaled 10% of our 2025 sales'
Material Events(8-K, last 90d)
- 2026-04-03Item 1.02MEDIUMMoog Inc. redeemed all $500 million aggregate principal amount of 4.250% Senior Notes due 2027 effective April 3, 2026, funded by net proceeds from new 5.500% Senior Notes due 2034 and cash on hand. Indenture satisfied and discharged.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $400.89, but acceptable to hold if already in. Reasons: Concentration risk — Customer: aerospace and defense OEM customers (61.0%); Near 52-week high (0.1% away). Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Maintain position. Not compelling to add more. Target $393.35 (-1.9%), stop $374.93 (−6.9%), A.R:R 0.0:1. Score 5.8/10, moderate confidence.
Take-profit target: $393.35 (-1.9% upside). Target $393.35 (-1.9%), stop $374.93 (−6.9%), A.R:R 0.0:1. Stop-loss: $374.93.
Concentration risk — Customer: aerospace and defense OEM customers (61.0%); Near 52-week high (0.1% away).
Moog Inc. trades at a P/E of 45.2 (forward N/A). TrendMatrix value score: 6.0/10. Verdict: Hold.
12 analysts cover MOG-B with a consensus score of 4.1/5.
What does Moog Inc. do?Moog designs, manufactures, and integrates precision motion and fluid controls across four segments: Space and Defense,...
Moog designs, manufactures, and integrates precision motion and fluid controls across four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. In fiscal 2025, U.S. Government contracts represented 38% of total sales; the twelve-month backlog stood at $3.0 billion, up 20% year over year.