AerCap Holdings NV

AER · NYSE

$144.42−$0.38 (−0.26%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $144.80

AER analyst rating

BuyConsensus of 8 analysts over the last 12 months. 88% rate it a buy.

Strong buy0
Buy7
Hold1
Underperform0
Sell0

12-month price target · 13 analysts

Average $182.38 (+26.3% upside)

Low: $166.65
Now: $144.42
High: $199.50

Upgrades and downgrades

The latest rating actions, newest first

AER analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 12, 2026	Maintains	Buy	$180.00 → $185.00	51%
Citigroup	Jul 30, 2026	Maintains	Buy	$173.00 → $178.00	27%
Morgan Stanley	Jul 30, 2026	Maintains	Equal-Weight	$155.00 → $165.00	61%
Truist Securities	Jul 30, 2026	Maintains	Buy	$175.00 → $180.00	63%
Citigroup	Jul 20, 2026	Initiates	Buy	$173.00	27%
TD Cowen	Jul 16, 2026	Maintains	Buy	$175.00 → $180.00	51%
Truist Securities	Jul 8, 2026	Maintains	Buy	$161.00 → $175.00	63%
Barclays	Jul 7, 2026	Maintains	Overweight	$164.00 → $179.00	30%
Susquehanna	Jul 7, 2026	Maintains	Positive	$170.00 → $176.00	66%
JP Morgan	Apr 30, 2026	Maintains	Overweight	$150.00 → $155.00	51%

The case for and against

Updated Oct 21, 2026

Bull case

AerCap Holdings is favored for its dominant scale as the world’s largest aircraft lessor, with a fleet of more than 1,500 aircraft and a platform that can capitalize on narrow- and wide-body supply-demand imbalances. Strong aircraft sales, including 52 owned aircraft sold in the quarter, along with robust buybacks and deliveries, point to durable capital generation, while improved EPS estimates to $4.80 for Q3 and $19.77 for 2026 reflect higher gain-on-sale revenue, lower interest expense, and fewer shares outstanding. Its largely young, fuel-efficient fleet, limited exposure to weaker airline credits, and long-term lease cash flows support resilience even when oil prices rise, creating attractive sale-leaseback opportunities and reinforcing upside potential.

Bear case

AerCap Holdings is exposed to a structurally risky business model in which it owns high-value aircraft while airlines lease them without residual risk, leaving the company vulnerable to declines in aircraft values, weak asset recoveries, and delayed repossession if lessees underperform. Its leverage and funding model add further pressure because it borrows substantially to acquire aircraft, depends on capital markets to finance growth, and could face covenant stress or constrained expansion if access to capital tightens, while deferred lease payments may later become bad debt. The company’s recent capital allocation of $783mm in share repurchases at an average price of $147.12 per share, alongside an expected decline in other income to $70mm from $90mm in Q2, also suggests less cushion if international recovery, OEM production, or broad airline demand disappoints.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.