Guggenheim starts coverage of RBC Bearings stock at USD 600.00

Published on 10/07/2026 at 01:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Guggenheim began Buy coverage on September 15, 2026. RBC Bearings stock sits below its USD 667.69 high with USD 16.3 billion in value.

RBC, US75524B1044, Illustration mit AI erstellt.

Guggenheim initiated coverage of RBC Bearings stock with a Buy rating and a USD 600.00 price target on September 15, 2026, as reported by MarketScreener. The call arrives after fiscal first-quarter 2027 revenue reached USD 519.5 million, up 19.2 percent year over year.

Aerospace leads fiscal growth

According to Zacks on October 1, 2026, RBC Bearings' Aerospace & Defense revenue rose 36.9 percent to USD 225.4 million in fiscal first-quarter 2027. Commercial aerospace revenue increased 21.8 percent, while defense revenue climbed 64.6 percent in the same period.

The operating picture also carried a large order cushion. Yahoo Finance reported that backlog stood at USD 2.3 billion on June 27, 2026, compared with USD 1.0 billion a year earlier, while gross margin widened to 47.7 percent from 44.8 percent.

Guidance points to slower growth

For fiscal second-quarter 2027, RBC Bearings expects sales of USD 505.0 million to USD 515.0 million, implying growth of 10.9 percent to 13.1 percent. Zacks said the range compares with the 19.2 percent increase delivered in fiscal first-quarter 2027.

The contrast matters for valuation. The same report puts expected fiscal second-quarter gross margin at 45.5 percent to 45.75 percent, below the 47.7 percent reported for the prior quarter, making margin retention a key test for the next update.

Targets stay above the market

MarketBeat reported on October 1, 2026 that ten brokerages held a Moderate Buy consensus, with an average 12-month target of USD 615.44. Its cited range included seven Buy ratings, two Holds and one Strong Buy.

RBC Bearings was last at USD 514.18 on the NYSE on October 6, 2026, with a USD 16.3 billion market capitalization and a USD 364.50 to USD 667.69 52-week range. That places the average target USD 101.26 above the last NYSE quote, while the Guggenheim target is USD 85.82 higher.

Prior close sets the euro reference

At Lang & Schwarz, RBC Bearings had a prior close of EUR 457.00 for October 5, 2026. The quote reference is separate from the NYSE figures because the German trading view uses euros and the NYSE context uses US dollars.

The further course of trading is shown by the continuously updated real-time quote of RBC Bearings stock.