NASDAQIndustrialsAerospace & DefenseSnapshot 2026-08-31
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Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Aerospace & Defense is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
No standing thesis yet — not enough to read.
View ThesisThis stock is highly volatile — it swings about 3% on a typical day and fell roughly 42% in its worst 12-month stretch.
View RiskELMT's growth depends on its ability to expand hypersonic manufacturing capabilities. Revenue increased 35% in Q2, supporting strong growth expectations. ELMT trades at a low multiple compared to peers. This suggests the price reflects the growth we forecast. A risk is the 18% chance of missing next quarter's earnings. Peer multiples imply a price about 14% above where it trades. Our standing thesis is forming; there is not enough data to read.
Trailing returns as of 2026-08-31. ELMT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 4 analysts currently covering ELMT (as of Aug 2026).
Based on 4 Wall Street analysts offering 12-month price targets for ELMT in the last 4 months.
A consensus fair price across 2 valuation methods, at three horizons. As of 2026-08-31. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus peers — fair value, gap to price, and forward P/E.
35% revenue increase supports growth expectations.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-08-31. EPS is implied from price ÷ P/E. Not investment advice.
Current $16.41
The last 12 months of price, then the range of analyst 12-month targets from today’s $16.41.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
30% gross margin target indicates strong future profitability.
New system for hypersonic heat exchangers enhances product offerings.
Streamlining supply chain improves production efficiency.
Additive manufacturing for hypersonic parts expands capabilities.
