Equita ups Italy's Avio to 'buy' on US expansion

Avio SpA

10/11/2025 09:21

** Equita ups Avio to "buy" from "hold" on the recent U.S. expansion of the Italian space propulsion company

** Avio's U.S. expansion "significantly" improves estimates visibility and risk profile, Equita says

** It expects Avio's 2025 revenue to double and 2025 net profit to rise tenfold by 2030/31

** Equita estimates Avio's 2025 adjusted sales at 490 million euros ($571.44 million), and 2025 adjusted net profit at 9.3 million euros

** Avio's order book will exceed 2 billion euros ($2.33 billion) "very soon", it notes

** "Even in the event of widespread ceasefire, we believe the race to replenish arsenals will continue" - Equita

** Out of 3 analysts that cover Avio, two rate the stock "strong buy" or "buy,"​ one rates "hold" - LSEG data

** Analysts median price target on the stock is 37.00 euros, and has risen 38.4% in the last 30 days, is 73.7% higher than from 60 days ago and is 124.5% up from three months ago - LSEG data

($1 = 0.8575 euros)

 (Reporting by Philippe Leroy Beaulieu in Gdansk)

 ((Philippe.leroybeaulieu@thomsonreuters.com))