Air Industries Group (AIRI) AI Stock Analysis

NYSE American: AIRIAI research summary: business, growth, valuation, analysts, bull and bear case.

AIRI AI stock analysis summary

AI Research

Air Industries Group (AIRI) is an aerospace and defense manufacturer producing mission-critical machining components and turbine assemblies. Over the trailing twelve months ended June 30, 2026, the company generated revenue of $46.7M with an operating margin of -3.0% and an EPS of -$0.35. Its market capitalization stands at $12.1M against total debt of $25.9M.

Market cap
$12.1M
Revenue (TTM)
$46.7M
P/E
—
fwd 22.4x
1Y return
-22.9%
S&P 500 16.8%
Avg. target
$5.00
100.8% vs last close

Bull case

  • The lone analyst price target of $5.00 indicates an upside of 100.8% relative to the last close of $2.49.
  • Valuation multiples remain discounted, with price-to-sales at 0.3x and EV-to-EBITDA at 11.7x versus the median of its US-listed Industrials peers of 1.5x and 13.9x.
  • Company insiders maintain a significant alignment of interest, holding 36.2% of the stock.

Bear case

  • Cash generation has weakened, with free cash flow of -$4.7M and operating cash flow of -$1.4M in FY2025.
  • The balance sheet carries $25.9M in total debt against just $694,000 in cash and short-term investments.
  • Profitability has remained negative for multiple years, including a net loss of -$1.3M in FY2025 and trailing twelve-month EPS of -$0.35.

What Air Industries does

Air Industries Group designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications. Operating as a prime contractor for the U.S. Department of Defense, it runs two segments: Complex Machining and Turbine and Engine Component. The Complex Machining unit produces aircraft landing gears, engine mounts, and flight controls for aircraft such as the Sikorsky UH-60 Blackhawk, Lockheed Martin F-35, and USAF F-16. Its Turbine and Engine Component segment manufactures parts and provides services for jet engines and ground-power turbines used in applications including the Boeing 777, Airbus A-330, and USAF F-15.

Growth and profitability

Annual revenue declined from $58.9M in FY2021 to $47.9M in FY2025, contributing to a 5-year revenue CAGR of -0.9%. After recording net income of $1.6M in FY2021, the company posted consecutive net losses, including -$1.4M in FY2024 and -$1.3M in FY2025. Gross margin improved from 14.0% in FY2022 to 17.1% in FY2025, though operating margin remained negative at -0.7%. Over the trailing twelve months, revenue reached $46.7M alongside a profit margin of -3.8%. In the latest quarter ended June 30, 2026, quarterly revenue fell 5.2% year-over-year.

AIRI income statement →

Balance sheet and cash flow

As of June 30, 2026, Air Industries Group held cash and short-term investments of $694,000 against total debt of $25.9M, leaving net debt at $25.2M. Total assets stood at $59.2M and shareholders' equity was $18.1M, resulting in a debt-to-equity ratio of 1.43 and a current ratio of 1.24. In FY2025, operating cash flow was -$1.4M and free cash flow was -$4.7M after capital expenditures of $3.3M. The company's share count increased 49.7% over 5 years.

AIRI balance sheet →

Valuation and performance

At a last close of $2.49, Air Industries Group has a market capitalization of $12.1M and an enterprise value of $43.0M. The stock trades at a price-to-sales multiple of 0.3x and an EV-to-EBITDA ratio of 11.7x, both lower than the median of its US-listed Industrials peers (1.5x and 13.9x, respectively). Its forward P/E ratio is 22.4x, above the peer median of 17.2x. Over the past year, the stock fell 22.9%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock dropped 78.2% while SPY gained 83.0%.

AIRI key metrics →

What analysts expect

One analyst covers Air Industries Group, issuing a Buy rating with a mean price target of $5.00, which sits 100.8% above the last close of $2.49. For the next fiscal year, the consensus estimates revenue of $50.0M, reflecting revenue growth of 3.5%, and an EPS estimate of -$0.35. The company beat EPS estimates in 1 of the last 4 quarters. Its next earnings date is November 13, 2026.

AIRI forecast and price target →

Key risks and what to watch

  • Liquidity is thin, as cash and short-term investments stood at $694,000 compared to total debt of $25.9M as of June 30, 2026.
  • Shareholder dilution has been substantial, with share count increasing 49.7% over the past 5 years.
  • Revenue momentum remains downward, evidenced by a 5.2% year-over-year revenue decline in the quarter ended June 30, 2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AIRI AI stock analysis

This page is an AI-written research summary of Air Industries Group (AIRI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AIRI income statement, AIRI balance sheet, AIRI key metrics, AIRI analyst forecast, AIRI chart. See the AIRI stock overview for the latest quote and news.

AIRI AI stock analysis FAQ

What is Air Industries Group's next earnings date?

The company's next earnings release is scheduled for November 13, 2026.

What is the analyst price target for AIRI?

One analyst covers the stock with a mean price target of $5.00, representing an upside of 100.8% from its October 16, 2026 closing price of $2.49.

How much debt does Air Industries Group hold?

As of June 30, 2026, Air Industries Group had total debt of $25.9M and net debt of $25.2M, alongside cash and short-term investments of $694,000.

Does AIRI pay a dividend?

Air Industries Group does not report a dividend payment.

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