RBC Bearings

RBC · NYSE

$495.39−$8.40 (−1.67%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $503.79

RBC analyst rating

BuyConsensus of 6 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy6
Hold0
Underperform0
Sell0

12-month price target · 9 analysts

Average $654.71 (+32.2% upside)

Low: $578.73
Now: $495.39
High: $720.30

Upgrades and downgrades

The latest rating actions, newest first

RBC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Guggenheim	Sep 15, 2026	Initiates	Buy	$600.00	71%
Truist Securities	Aug 4, 2026	Maintains	Buy	$615.00 → $646.00	0%
Raymond James	Aug 3, 2026	Upgrade	Market Perform → Outperform	$645.00	82%
Truist Securities	May 19, 2026	Maintains	Buy	$599.00 → $615.00	0%
Morgan Stanley	May 19, 2026	Maintains	Overweight	$600.00 → $640.00	61%
Keybanc	Mar 2, 2026	Maintains	Overweight	$595.00 → $680.00	61%
Truist Securities	Feb 6, 2026	Maintains	Buy	$542.00 → $599.00	71%
Keybanc	Feb 6, 2026	Maintains	Overweight	$535.00 → $595.00	61%
Keybanc	Jan 7, 2026	Maintains	Overweight	$475.00 → $535.00	61%
Keybanc	Jan 6, 2026	Maintains	Overweight	$475.00 → $535.00	61%

The case for and against

Updated Oct 15, 2026

Bull case

RBC Bearings is viewed favorably because its revenue mix is shifting back toward aerospace and defense, where commercial aerospace build-rate increases, missile production, space, and naval defense should accelerate growth beyond modest industrial expansion. The company’s disciplined operating model, sole-source proprietary content, and strong execution have helped drive gross margin to 45.3% in FY26, up 110 bps year over year, with further expansion expected as aerospace margins move toward the mid-40% range and the gap with industrial margins narrows. With backlog reaching $2.3B and A&D revenue growing 32% in FY26 and 36.9% in F1Q27, RBC appears positioned to sustain share gains, pricing power, and above-peer profitability.

Bear case

RBC Bearings is pressured by high customer concentration, opaque platform attribution, and regulatory dependence that could quickly impair revenue if FAA approvals were lost or if key aerospace and defense programs slowed. Its commercial aerospace exposure of $472.4M in FY2026 and aftermarket book of $85.0M are vulnerable to fleet retirements, while defense sales tied to roughly $1.1B of marine backlog and $0.6B of VACCO backlog remain exposed to continuing resolution risk and budget timing. Leverage and integration drag also weaken the case, with total debt at $875.5M at 3/28/2026 and VACCO purchase-accounting adjustments compressing A&D gross margin, limiting cash flexibility and offsetting operating momentum.

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