HEICO Corporation Website

HEICO Corporation

NYSE-HEI

Company Overview

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.

  • Name

    HEICO Corporation

  • CEO

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  • Website

    www.heico.com

  • Sector

    Aerospace and Defense

  • Year Founded

    1957

Company Statistics

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Bulls Say

  • Heico independently develops replacement parts for highly complex aircraft components—the juiciest market segment in aerospace, with a fraction of the required R&D as OEMs.

  • Heico's components for defense products are highly integrated into complex systems, which makes their replacement or substitution difficult and unlikely.

  • Heico has a record of acquiring quality companies at reasonable prices.

Bears Say

  • Private equity firms have entered the defense supplier market and may push up prices for target companies, which would limit Heico's ability to generate value-accretive inorganic growth.

  • Heico's defense sales depend on US military funding and priorities, which are always subject to change.

  • As Heico grows, it may become harder over the long term to maintain "peaceful relations" with the OEMs whose parts it copies.

Source: Morningstar Analysis - Aug 26, 2025

What's happening

Nov 15, 2025 - Dec 17, 2025

HEICO Corp Faces Mixed Analyst Sentiment Amid Market Volatility

  • Analysts express caution over HEICO's valuation and strategic direction in emerging technologies.
  • Citi analyst John Godyn initiated coverage with a Buy rating, setting a price target of $367.
  • Despite positive quarterly earnings, investor sentiment remains tempered due to market volatility.

Over the past month and week, HEICO Corp experienced a slight decline of 0.4%. This performance indicates underperformance compared to the S&P 500's return of 1.3%, resulting in an overall underperformance of -1.8% relative to this benchmark index. The bearish sentiment surrounding HEI has been notable, as several analysts have raised concerns regarding its valuation and future growth potential.

On December 9, negative sentiment intensified when pre-market reports suggested that HEICO would transition into the artificial intelligence sector; however, this anticipation did not lead to immediate positive movement for the stock. Investors displayed uncertainty regarding HEI's strategic direction in emerging technologies amidst these developments. Additionally, on November 20 and November 19, BNP Paribas Exane initiated coverage with neutral ratings while voicing concerns about volatility and fair valuation relative to intrinsic value.

Conversely, there were bullish indicators prior to these bearish sentiments; notably, Citi analyst John Godyn initiated coverage on December 12 with a Buy rating and set a price target of $367 for HEI shares closing at $308.67 before this announcement. This endorsement was supported by solid quarterly earnings results released earlier in November that demonstrated revenue growth of 15.7% year-over-year—an encouraging sign amid mixed analyst opinions.

Despite some favorable developments such as increased revenue projections from various analysts who maintained buy or hold ratings after recent financial disclosures, overall investor sentiment remained cautious due to ongoing concerns about market volatility and competition within high-growth sectors like AI technology. Consequently, while moments of optimism were reflected through individual analyst upgrades throughout the month-long period reviewed here, they were overshadowed by prevailing negative trends impacting stock performance.

HEICO Corp underperformed against both the S&P 500 index by -1.8% and against the Industrials (XLI) sector by -3%.

NYSE:HEI