Butler National Corporation (BUKS)
OTCQB OTCQB Primary 
Butler National Corporation (BUKS) Q2 2026 Earnings Call Transcript
Butler National Corporation (BUKS) Q2 2026 Earnings Call Transcript
Butler National Stock Hits Target: Here's Why I'm Staying Bullish
Butler National Corporation offers a unique mix of aerospace/defense and gambling exposure, with recent aerospace strength offsetting gaming weakness. Aerospace segment revenues and margins surged, driven by robust defense demand and operating efficiency, while casino revenues declined due to local economic softness. Current fair value is $2.18, but with strong EBITDA growth, BUKS could reach $3.02, offering up to 26% upside from current levels.
Butler National: Overlooked Aerospace Company At A Cheap Multiple
Butler National is undervalued due to its underperforming Casino segment overshadowing strong Aerospace growth and margin improvement. Aerospace Products segment backlog and margins are rising, but overall results are dragged down by stagnant Casino & Gaming sales. Sum-of-the-parts valuation suggests shares could double, with a fair value of $3.50 versus current prices, reflecting deep undervaluation.
Butler National: American Defense Company Betting On Growth In Europe (Rating Upgrade)
I am upgrading Butler National Corporation to a buy, as the recent stock price decline creates a more attractive entry point. Aerospace segment drives growth, with strong sales increases in Europe and Asia, while Professional Services (casino) remains flat. Valuation is compelling at current levels, with conservative price targets now signaling upside potential of 14-15%.
