V2X, Inc. (VVX) AI Stock Analysis

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

VVX AI stock analysis summary

AI Research

V2X, Inc. (VVX) provides facility operations, supply chain logistics, and mission-critical IT support primarily to the United States Government. The company generated $4.90B in trailing twelve-month revenue, with a net profit margin of 1.9%. At a last close of $70.17, VVX trades at a forward P/E of 11.1x and holds net debt of $849.8M.

Market cap
$2.20B
Revenue (TTM)
$4.90B
P/E
24.2x
fwd 11.1x
1Y return
23.1%
S&P 500 16.8%
Avg. target
$88.91
26.7% vs last close

Bull case

  • Revenue increased 16.5% year-over-year in the quarter ended June 30, 2026, supported by 4 consecutive quarters of EPS beats.
  • The stock trades at a forward P/E of 11.1x, below the US-listed Industrials peer median of 17.2x.
  • Analyst mean price target of $88.91 sits 26.7% above the last close of $70.17.

Bear case

  • Balance sheet leverage remains elevated with total debt of $1.06B and net debt of $849.8M as of June 30, 2026.
  • Profitability margins are narrow, including an FY2025 net margin of 1.7% and a trailing twelve-month profit margin of 1.9%.
  • Share count has expanded by 165.6% over the last 5 years.

What V2X does

V2X, Inc. specializes in delivering facility and base operations, supply chain management, logistics services, and mission-critical information technology support to the United States Government globally. In addition to core operations, the company provides security solutions designed to protect critical infrastructure, sensitive information, and physical facilities. It also provides maintenance, repair, and overhaul (MRO) services, engineering solutions, and digital integration services to sustain and optimize essential equipment and infrastructure for government readiness. Founded in 2014 and based in Colorado Springs, Colorado, V2X employs approximately 16,200 people.

Growth and profitability

Annual revenue grew from $1.78B in FY2021 to $4.48B in FY2025, representing a 5-year revenue CAGR of 26.3% from FY2020 to FY2025. Net income transitioned from -$22.6M in FY2023 to $34.7M in FY2024 and reached $77.9M in FY2025, resulting in an FY2025 net margin of 1.7% and EPS of $5.24. Operating margin stood at 4.3% in FY2025 and 4.3% on a trailing twelve-month basis. For the latest quarter ended June 30, 2026, quarterly revenue expanded 16.5% year-over-year, while quarterly earnings increased 15.7%.

VVX income statement →

Balance sheet and cash flow

As of June 30, 2026, V2X held $214.3M in cash and short-term investments against total debt of $1.06B, resulting in net debt of $849.8M. Total assets stood at $3.20B, with shareholders' equity of $1.13B, producing a debt-to-equity ratio of 0.94 and a current ratio of 1.32. In FY2025, operating cash flow reached $182.0M and free cash flow was $170.1M. Capital expenditures were $11.9M, while share buybacks totaled $30.0M.

VVX balance sheet →

Valuation and performance

V2X trades at a trailing P/E of 24.2x and a forward P/E of 11.1x, compared to medians of 24.8x and 17.2x for its US-listed Industrials peers. Its price-to-sales of 0.4x and EV/EBITDA of 10.3x also sit below the peer medians of 1.5x and 13.9x. Over the past year, VVX gained 23.1%, outperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year period, its return of 41.1% trailed the S&P 500 return of 83.0%.

VVX key metrics →

What analysts expect

Wall Street coverage includes 4 Strong Buy, 1 Buy, 6 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target is $88.91, which is 26.7% above the last close of $70.17. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $6.23 on revenue of $4.98B. For the following fiscal year, 12 analysts anticipate EPS of $6.94 and revenue of $5.24B. V2X beat EPS estimates in each of the past 4 quarters, and its next earnings date is November 2, 2026.

VVX forecast and price target →

Key risks and what to watch

  • Net debt of $849.8M against cash of $214.3M requires ongoing cash generation to service obligations.
  • Operating margin of 4.3% in FY2025 is lower than the US-listed Industrials median of 11.7%, leaving limited buffer for operational cost overruns.
  • Short interest represents 11.3% of the float, reflecting market skepticism.

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 VVX AI stock analysis

This page is an AI-written research summary of V2X, Inc. (VVX). 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: VVX income statement, VVX balance sheet, VVX key metrics, VVX analyst forecast, VVX chart. See the VVX stock overview for the latest quote and news.

VVX AI stock analysis FAQ

What is V2X's current valuation multiple?

V2X trades at a trailing P/E of 24.2x, a forward P/E of 11.1x, and an EV/EBITDA multiple of 10.3x, compared to the US-listed Industrials peer medians of 24.8x, 17.2x, and 13.9x, respectively.

How fast is V2X growing revenue?

V2X generated $4.48B in revenue in FY2025, reflecting a 3.7% annual growth rate and a 5-year CAGR of 26.3% from FY2020. In the quarter ended June 30, 2026, revenue increased 16.5% year-over-year.

Does V2X pay a dividend?

V2X does not pay a dividend. In FY2025, the company deployed capital toward $11.9M in capital expenditures and $30.0M in share buybacks.

What is the consensus analyst target for VVX?

The mean analyst price target is $88.91, representing 26.7% upside relative to the last closing price of $70.17.

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