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Posted by
Two Blokes April 22, 2025 -
Filed in
Stock
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15 views
I maintain my buy rating for Dassault Aviation with a $376.89 price target, reflecting a 9% upside potential, despite the stock trading above its median EV/EBITDA multiple. Dassault Aviation's business revolves around Rafale fighter jets and Falcon business jets, with strong growth in defense exports and a robust order backlog. The company's 2024 earnings showed significant growth, with a 32% increase in order intake and a 50% rise in operating income, although net income growth was modest.
