Moog Inc. (MOG.A) surpassed analyst expectations for quarterly earnings and revenue. The company raised its full-year net sales guidance following the strong results.

Sustained global defense spending and modernization programs in the U.S., NATO, and Indo-Pacific regions drove performance. Moog reported a significant order backlog across these key military markets.

The stock has achieved a 104.72% total shareholder return over the last 12 months. However, share prices declined 7.01% in a single day after the earnings release.

A fair value estimate of $413.80 per share suggests the stock remains modestly undervalued. This estimate represents a premium over the most recent closing price of $389.85.