NEW YORK, January 9, 2026, 10:09 EST — Regular session
- Shares climbed roughly 1.7% in morning action, building on an 11.3% surge from the previous session.
- The company projected fourth-quarter revenue between $236 million and $239 million, with bookings coming in around $257 million.
- Investors want details from the full quarterly report, especially to see if those orders will actually turn into revenue for 2026.
Astronics Corp (ATRO.O) traded up roughly 1.7% to $65.88 Friday morning, after touching $67.19 earlier. The stock had surged 11.3% the previous day, lifted by a fresh preliminary sales update and the company’s new 2026 revenue goal, FinancialContent reports.
Astronics reported that its unaudited fourth-quarter revenue landed between $236 million and $239 million, topping earlier guidance. That midpoint marks a 14% year-over-year increase. The company logged about $257 million in bookings, putting 2025 orders around $924 million. Full-year revenue: roughly $860 million, showing an 8% gain from 2024. Management projects 2026 revenue will fall between $950 million and $990 million. CEO Peter Gundermann says he expects that “the momentum to continue in 2026,” with higher volume set to boost both profitability and cash flow, though he emphasized these results are still preliminary. Business Wire
The mid-range guide for 2026 points to about 13% growth over 2025’s $860 million. Meanwhile, fourth-quarter bookings came in stronger than sales, with the “book-to-bill” ratio landing around 1.1. That tells you order intake is running above shipments for now.
The company submitted the revised Form 8-K to the U.S. Securities and Exchange Commission on Thursday, according to the regulator’s filing system.
The surge sent ATRO beyond what some analysts expected. According to Nasdaq, the stock just broke through the average 12-month target price of $60.75. Analyst targets cluster between $58 and $65.
What comes next: we get granular. Margins, cash flows, and — crucial — conversion of backlog to actual shipments as the new year unfolds. Traders now want a new look at the revenue range, but they’ll have to wait until the books are officially shut.
Still, the update is preliminary and hasn’t been audited. Aerospace orders often arrive in clusters or get pushed back, too. If aircraft production rates slow down, or customer approvals and deliveries hit snags, reaching that 2026 target could become tougher.
Astronics hasn’t locked in a date for its Q4 report yet, though MarketBeat is projecting March 3 after the bell. That update is expected to bring sharper detail on the 2026 targets and booking trends, according to Marketbeat.
