DPC Holdings (DPC) offers "attractive" exposure to supercycles in industrial gas turbine and commercial aerospace markets, RBC Capital Markets said Monday in a report.
The company generated 42% of its 2025 revenue from gas turbines and 35% from aerospace, with about 70% of revenue from long-term agreements, RBC said. DPC's $930 million backlog supports more than 12 months of castings demand for the gas turbine and aerospace sectors, the report said.
RBC cites "a clear path to upside" through DPC's volume growth, pricing benefits, and experienced management.
RBC initiated coverage of DPC stock with an outperform rating and a $53 price target.
Price: 46.14, Change: -0.13, Percent Change: -0.28
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