Dassault Aviation: Rafale Export Momentum Is Driving The Bull Case

Dhierin BechaiInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryDassault Aviation remains a buy, with a 20% price target increase to $484.16, driven by robust aerospace and defense momentum.Sales rose 19% to €7.4 billion, with strong Falcon jet and defense export growth, and backlog increased 8% to €46.6 billion.Export sales, now 73% of backlog, support margin expansion; 2026 guidance targets €8.5 billion in sales with incremental delivery growth.Risks include FCAS program delays and competitive fighter jet campaigns, but DUAVF's net cash position and operating leverage enhance its appeal.Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More » Jozsef Soos/iStock Editorial via Getty Images Dassault Aviation (DUAVF) stock has surged 33.6% since my last report, in which I maintained my buy rating. Driven by positive momentum for aerospace due to global unrest, the EuropeanThis article was written byDhierin Bechai23.18K FollowersFollowDhierin-Perkash Bechai is an aerospace, defense and airline analyst. Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.