Woodward shares surge 15.52% after-hours on Q1 earnings and revenue beat, UBS raises price target to $417.

Woodward (WWD) surged 15.52% in after-hours trading following the release of strong Q1 fiscal 2026 results, which exceeded earnings and revenue estimates. The company reported adjusted EPS of $2.17 (up 60.7% YoY) and revenue of $996 million (up 29% YoY), driven by robust demand in aerospace and industrial segments. UBS raised its price target to $417 from $378 while maintaining a "Buy" rating, citing the outperformance and guidance raise. Additionally, the stockholder approval of director elections and corporate governance changes, alongside a $129 million share repurchase, reinforced investor confidence. The after-hours rally aligns with the positive earnings surprise, upgraded analyst outlook, and strong operational execution highlighted in the results.