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DA Davidson Reiterates Buy Rating on Crane NXT (CXT)

March 3, 2025 9:51 AM EST
Get Alerts CXT Hot Sheet
Price: $50.47 -0.71%

Rating Summary:
    4 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 60
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DA Davidson analyst Matt Summerville reiterated a Buy rating and $100.00 price target on Crane NXT (NYSE: CXT).

The analyst commented, "Last week, we hosted a multi-city, in-person NDR trip with Aaron Saak (President and CEO), Christina Cristiano (SVP, CFO), and Matt Roache (VP, IR), and came away with a view highly supportive of our bullish stance as we look to a material earnings break-out in 2026. Below, we take the opportunity to discuss segment-level findings and key assumptions for 2026 and onwards, noting 2025 remains a transitional year. Earnings should scale materially off of the ’25 base, while CXT B/S and FCF profile should provide for incremental M&A, alongside sound execution."

For an analyst ratings summary and ratings history on Crane NXT click here. For more ratings news on Crane NXT click here.

Shares of Crane NXT closed at $55.82 yesterday.



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