BofA Securities upgrades V2X stock to Buy on contract wins and strategy

Investing.com - BofA Securities upgraded V2X, Inc. (NYSE:VVX) from Neutral to Buy and raised its price target to $65.00 from $55.00. According to InvestingPro data, V2X currently trades at $54.56, with analysts’ targets ranging from $45 to $80, suggesting potential upside from current levels.

The upgrade follows what BofA Securities describes as a recent contract takeaway that demonstrates V2X’s competitive strength in its core logistics and operations and maintenance work.

BofA Securities highlighted V2X’s strategy of providing full-lifecycle support to complex military operations as a strong competitive advantage, particularly in markets that incumbents have overlooked due to lower growth and margin profiles.

The firm noted that beyond its scale and scope strategy in logistics and maintenance, V2X is winning awards that allow it to "move up the food chain" into higher-growth, higher-margin work segments.

BofA Securities expects this combined approach will lead to accelerating and sustainable growth for V2X in coming years, potentially driving a market re-rating of the stock.

In other recent news, V2X, Inc. reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations with earnings per share (EPS) of $1.33, compared to the forecasted $1.03. The company also exceeded revenue expectations, reporting $1.078 billion against an anticipated $1.05 billion. Raymond (NSE:RYMD) James responded to these results by reiterating its Outperform rating and maintaining a price target of $57.00 for V2X. Stifel also reacted to the positive earnings by raising its price target from $55.00 to $63.00, while keeping a Buy rating, following the company’s T-6 contract win. In a separate development, Vertex (NASDAQ:VRTX) Aerospace Holdco LLC announced a secondary offering of 2 million shares of V2X common stock, with V2X agreeing to repurchase 200,000 shares from the underwriter. The company will not receive any proceeds from this offering as it is not selling any shares. These developments highlight recent momentum for V2X in the investment community.

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