3 Crucial Aerospace Component Makers That Analysts Love

Summary

As the hype surrounding the SpaceX IPO picks up speed ahead of what could be the largest public offering in history, savvy investors may also want to look around at other companies in the broader space (and aerospace/defense) industries. Airlines themselves have experienced significant turbulence so far in 2026 amid the ongoing Iran war and concerns that inflation will affect travel habits, among other factors. But aerospace component makers are not necessarily tied to the performance of the airline companies themselves. Indeed, many of these firms could play a crucial role in the intensifying publicly traded space race. Three popular aerospace component manufacturers that each enjoy support from Wall Street are listed below. Though they have vastly different performance trajectories this year, these companies may each be poised to benefit in the lead-up to the SpaceX IPO, and potentially after as well. Analyst Darling ATI Gives Plenty of Reasons for EnthusiasmAllegheny Technologies Inc. NYSE: ATI, known as ATI, makes a variety of specialty materials and components for aerospace and defense applications, as well as a number of other industries. This means ATI is not a pure-play aerospace firm, but its diversification across sectors may appeal to investors looking to limit risk. ATI Today$154.30 -8.27 (-5.09%) As of 05/15/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$70.42▼$171.11P/E Ratio51.09Price Target$164.38 ATI shares enjoy nearly universal support among analysts, who have assigned 10 Buy ratings compared to just a single Hold. The company received a rush of boosted price targets from analysts at KeyCorp, Deutsche Bank, and elsewhere in early May, but an impressive 40% in returns year-to-date (YTD) means that ATI has already just barely exceeded its consensus price estimate. The early May time period is no coincidence, as it aligns with when ATI released its latest earnings, including an impressive $1.15 b...