12 Best Aerospace and Defense Stocks to Buy According to Analysts

9. HEICO Corporation (NYSE:HEI-A)

Number of Hedge Fund Holders: 67

Analyst Upside Potential: 36.26%

HEICO Corporation (NYSE:HEI-A) is a technology-driven aerospace, industrial, defense, and electronics company that specializes in manufacturing jet engine and aircraft component replacement parts, as well as electronic equipment. The company operates through two main segments including the Flight Support Group and Electronic Technologies Group.

During the fiscal first quarter of 2025, HEICO Corporation (NYSE:HEI-A) reported record-breaking results. The net income increased by 46% year-over-year to $168.0 million, along with the net sales that grew 15% to reach $1.03 billion. The growth was driven by both of its segments as Flight Support Group increased its sales by 15% and the Electronic Technologies Group grew 16% during the same time. Notably, the Flight Support Group marked its eighteenth consecutive quarter of net sales growth. Management remains optimistic about sustained growth across both segments, supported by strong demand for defense products and ongoing acquisition opportunities aimed at expanding market share while maintaining financial discipline. HEICO Corporation (NYSE:HEI-A) is one of the best aerospace and defense stocks to buy according to analysts.