RBC Dominion Securities analyst Paul Treiber raised his worth aim on Evertz Utilized sciences (Evertz Utilized sciences Stock Quote, Chart, Info, Analysts, Financials TSX:ET) to $15.00 from $13.00 whereas sustaining a “Sector Perform” rating, as shares proceed to re-rate on rising defence market traction.
Evertz shares have rallied 30% since reporting quarterly outcomes on Dec. 10, which Treiber attributed to investor enthusiasm throughout the agency’s rising publicity to defence prospects.
The standard Avenue aim is $14.00
“Evertz’s valuation is re-rating upwards,” Treiber talked about in a March 3 phrase that was highlighted by the Globe and Mail. “Evertz is shopping for and promoting at 18 events NTM P/E, which is 8% above mates (excluding outlier Haivision) and 32% above Evertz’s 10-year historic frequent (14 events). We think about Evertz’s valuation re-rating shows rising investor visibility to the company’s rising defence enterprise.”
On Jan. 15, Evertz launched on the 2026 RBC Capital Markets Canadian Aerospace & Defence Symposium. Treiber talked about the company is benefiting from elevated demand for real-time video and high-bandwidth information administration inside defence companies, which could current a long-term pure progress tailwind and help offset softer spending from standard broadcast prospects.
Ahead of third-quarter outcomes anticipated March 4, Treiber forecasts revenue of $142.0-million, up 4% year-over-year and above the $139.0-million consensus estimate. He expects Adjusted EBITDA of $28.0-million, down 6% year-over-year and in line with consensus, and adjusted EPS of $0.23, barely beneath Avenue estimates.
“Our model requires Q3 gross margin of 59.0%, which is on the upper end of the company’s targeted 56–60% gross margin range,” Treiber talked about, noting a rising combination of higher-margin software program program and firms revenue. Nonetheless, he cautioned that elevated worldwide mix and discounting would possibly pressure margins modestly if developments persist.
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