Why Is APPLIED AEROSPACE & (AADX) Stock Down Today?

Applied Aerospace & Defense (AADX) shares fell 13.81% to $9.24. The primary driver was a reduction in full-year sales guidance due to project delays, which outweighed stronger-than-expected quarterly revenue and earnings results.

What Happened

The company reported third-quarter 2026 financial results on November 11, 2026. Revenue came in at $182.058 million, beating the estimated $170.384 million. Earnings per share were $0.18, exceeding the $0.09 estimate. Despite these beats, management lowered its fiscal year 2026 sales guidance from a previous range of $670.000 million to $690.000 million to a new range of $660.000 million to $670.000 million. The consensus estimate for the year was $682.419 million. The guidance cut was attributed to delays in specific projects.

What The Data Shows

The stock opened at $10.74 and hit a session high of $10.80 at 7:00 AM ET. It traded down to a session low of $9.11 at 2:10 PM ET, closing near $9.26. Volume reached 3.5 million shares, which is 2.0 times the three-month daily average. The company has a market cap of $1.9 billion and remains unprofitable with a trailing twelve-month EPS of -$1.01 and a net margin of -30.2%. The 52-week range is $8.39 to $24.24. Over the last eight sessions, the stock declined 25.0% from $20.66 to $15.50 prior to this move. On November 11, 2026, the stock printed two fresh 52-week highs and 19 fresh 52-week lows.

What To Watch

The market will monitor the company's ability to execute on its revised guidance and manage project timelines. With the stock trading near its 52-week low, investors will watch for further signals on backlog conversion and margin stability in upcoming reports.