Analyst Ratings February 18, 2026

RBC Cuts Loar Holdings Price Target Slightly After Model Update; Outperform Rating Stays

Firm incorporates two recent acquisitions into estimates, sees material margin upside but notes current models lag merger activity

By Jordan Park LOAR
RBC Cuts Loar Holdings Price Target Slightly After Model Update; Outperform Rating Stays
LOAR

RBC Capital reduced its 12-month price target on Loar Holdings Inc (NYSE: LOAR) to $90 from $92 while retaining an Outperform rating. The change follows an internal estimate update ahead of Loar's fourth-quarter fiscal 2025 earnings release and incorporates the company’s recent acquisitions of LMB Fans & Motors and Harper Engineering. RBC highlighted cross-selling opportunities and the potential to achieve roughly 40% adjusted EBITDA margins at the consolidated level, and noted that current consensus estimates may not yet fully reflect the merger and acquisition activity.

Key Points

  • RBC Capital lowered its price target on Loar Holdings to $90 from $92 but maintained an Outperform rating; the target implies significant upside from the $63.77 trading price.
  • The firm updated estimates to reflect Loar’s acquisitions of LMB Fans & Motors (closed December 26, 2025) and Harper Engineering (closed January 22, 2026), highlighting cross-selling potential and a path to roughly 40% adjusted EBITDA margins.
  • Corporate finance developments include an amended Credit Agreement increasing the loan commitment to $275 million and extending availability through September 2026; analyst coverage also includes a Buy initiation from Goldman Sachs with a $91 price target.

Summary

RBC Capital has trimmed its price target on Loar Holdings Inc (NYSE: LOAR) to $90 from $92 but kept an Outperform rating on the shares. The bank updated its financial projections ahead of Loar’s fourth-quarter fiscal 2025 earnings release to account for two acquisitions closed late in 2025 and early in 2026. Despite the modest downward revision to the target, RBC continues to see substantial upside from Loar’s current market level.


Analyst action and market context

RBC’s revised target of $90 implies meaningful upside relative to Loar’s trading price of $63.77 and sits above the company’s 52-week low of $62.10. The firm maintained its Outperform rating even as it lowered the numerical price target from $92. RBC described its conviction in the stock as high despite recent underperformance, and the analyst emphasized that the firm’s estimates were updated to reflect the company’s most recent strategic moves.

InvestingPro data referenced in the firm’s notes indicate Loar’s revenue is expected to grow by 22% this fiscal year, with net income also forecast to increase. The stock has declined 6.22% year-to-date, while consensus among analysts remains strongly positive.


Acquisitions and anticipated synergies

RBC incorporated the impact of two acquisitions into its updated forecasts. Loar completed its acquisition of LMB Fans & Motors on December 26, 2025 and closed on Harper Engineering on January 22, 2026. The firm noted that both businesses provide material cross-selling opportunities across Loar’s platform and create a pathway to approximately 40% total company adjusted EBITDA margins. RBC also stated that current estimates do not yet fully capture the completed merger and acquisition activity.


Valuation, balance sheet, and financing

On valuation metrics cited by RBC and third-party data, Loar carries a reported P/E ratio of 96.58, while its PEG ratio stands at 0.4, a combination the firm presented as suggesting the company may offer growth-adjusted value despite the elevated P/E. In parallel to deal activity, Loar amended its Credit Agreement to raise its loan commitment to $275 million and extended the availability period through September 2026. RBC framed that amendment as indicative of the company’s capacity to support additional growth initiatives.


Other analyst coverage and corporate developments

Separately, Goldman Sachs has initiated coverage of Loar Holdings with a Buy rating and a $91 price target. RBC’s note and the Goldman Sachs initiation were presented as further evidence of analyst engagement with Loar’s strategy and positioning in the aerospace aftermarket. Transaction details cited include the purchase price for Harper Engineering Company of $250 million and the acquisition of LMB Fans & Motors for €367 million plus assumed debt. Those moves expand Loar’s capabilities in aircraft interiors and in high-performance fans and motors used in aerospace applications.


Outlook

RBC’s updated estimates reflect the recent M&A and the potential for margin expansion through cross-selling and integration. The firm kept its Outperform rating even after lowering the price target to $90, and market consensus remains bullish, supported by growth forecasts and analyst coverage that includes a new Buy from Goldman Sachs.

Risks

  • Estimates may not yet fully reflect the recent merger and acquisition activity, creating uncertainty in near-term projections and reported financials - affects equity and aerospace sectors.
  • Loar’s high reported P/E of 96.58 introduces valuation risk if growth does not materialize as expected despite a low PEG of 0.4 - affects investor sentiment and equity valuations.
  • Recent underperformance, with the stock down 6.22% year-to-date, highlights market sensitivity to execution on integration and the realization of stated synergies - impacts market and aerospace aftermarket stakeholders.

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