TAV Airports: Panic Selling Creates A Strong Buy

Dhierin BechaiInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryTAV Airports Holding is upgraded to strong buy with a $39.10 base target, implying 35% upside.Despite uninspiring 2026 guidance and Middle East turmoil, TAVHY's concession-based model shields it from significant volume-driven revenue shocks.EBITDA margins are set to improve in 2026, with multi-year growth forecasts of 6.8% sales and 8.3% EBITDA through 2028.Current valuation does not reflect 2025 earnings; including 2026 estimates, upside increases to 65% with a $47.57 target.Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » ugurhan/iStock Unreleased via Getty Images I covered TAV Airports Holding or TAV Havalimanlari Holding A.S. (TAVHY, TAVHF) in August 2025 with a buy rating as I believed that sentiment pressures due to unrest in the MiddleThis article was written byDhierin Bechai23.46K 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.