Is HEICO Corporation (NYSE:HEI) a buy in 2026?
Hold. HEICO Corporation is a wait-and-watch at today's price, not a fresh buy.
Great business, priced like one. HEICO's PMA and specialty electronics machine keeps compounding, but 50x forward earnings leaves no room for slippage.
Where HEI is headed
HEICO in 2028 looks a lot like HEICO today, only bigger, more diversified, and even harder to compete with. The Flight Support Group will still be doing what it has done for four decades: making FAA-approved replacement parts (PMAs) for commercial jet engines and airframes at 30-50% below OEM prices, and picking up market share every time an airline CFO looks at maintenance costs. With the global commercial fleet aging (average age north of 12 years and climbing thanks to Boeing's production issues and Airbus's backlog), the addressable pool of parts that need replacing keeps expanding. FSG should be a $3.5B+ revenue segment doing 22%+ margins by FY28.
Read the full Compass Direction on HEI
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $349.61).
See the full HEI analysisGet calls like this, free
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Frequently asked questions
Is HEICO Corporation (NYSE:HEI) a buy in 2026?
Hold. HEICO Corporation is a wait-and-watch at today's price, not a fresh buy. Great business, priced like one. HEICO's PMA and specialty electronics machine keeps compounding, but 50x forward earnings leaves no room for slippage.
What is HEI's Compass Score?
HEICO Corporation scores 75/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for HEI?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the HEI page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.