National Presto Rallies 30% in 6 Months: Should You Buy the Stock?

NPK's Defense unit surges with $280 million-plus in new contracts, strong backlog, and major investments fueling long-term growth and operational strength.

Zacks Investment Research • Feb 10, 2026

National Presto Industries Likely To Benefit From $1.5T Defense Budget

National Presto Industries, Inc.'s defense segment sales surged 45% year-to-date, driven by a robust backlog and accelerating order flow. NPK's backlog reached over $1.4B at Q3's end, bolstered by significant new orders from Boeing and continued grenade contract awards. Margins have not expanded with revenue growth, but NPK's conservative accounting and focus on production over profitability are viewed positively.

Seeking Alpha • Jan 8, 2026

Tariffs Weigh on National Presto's Q3 Earnings Despite Sales Growth

NPK's Q3 EPS fall 35% year over year as strong Defense shipments drive revenues up 26%, but tariff-related costs in the Housewares segment erode margins and weigh on overall profitability.

Zacks Investment Research • Oct 30, 2025

National Presto Industries: An Upgrade Is Justified

National Presto Industries' Defense segment is driving strong revenue and backlog growth, positioning the company for continued future expansion. Recent financial results show improved profitability and cash flow, with the Defense segment generating all operating income in the latest period. Despite not being deeply undervalued, NPK trades at attractive multiples relative to peers, especially considering its robust growth prospects.

Seeking Alpha • Aug 30, 2025

NPK Q2 Earnings Down Y/Y As Tariffs Weigh, Sales up 42%

National Presto's Q2 earnings gain on 41.6% sales growth driven by Defense, but net income dropped 15% due to tariffs and supplier-related losses.

Zacks Investment Research • Jul 31, 2025

National Presto: Magazine Shortage And Moat

National Presto Industries is a cash-rich, debt-free, under-the-radar defense OEM poised to benefit from U.S. reindustrialization and global supply chain fragmentation. NPK's massive backlog, strong balance sheet, and critical DoD contracts create a unique asymmetric opportunity, with potential for substantial outperformance versus the S&P 500. Key risks include premium valuation, execution uncertainty on backlog conversion, and exposure to geopolitical de-escalation, but these are outweighed by upside potential.

Seeking Alpha • Jun 4, 2025

NPK Stock Down 8% Despite Q1 Earnings Rise Y/Y on Higher Defense Sales

National Presto reports strong year-over-year growth in Q1 earnings, driven by military demand, higher shipments and segment-wide sales growth, despite headwinds from steep tariffs.

Zacks Investment Research • May 8, 2025

The Zacks Analyst Blog Roche Holding, Comcast, Eaton Corp and National Presto Industries

Roche Holding, Comcast, Eaton Corp and National Presto Industries are included in this Analyst Blog.

Zacks Investment Research • Mar 25, 2025

National Presto Industries: Acceleration Has Arrived

National Presto Industries: Acceleration Has Arrived

Seeking Alpha • Feb 26, 2025

National Presto Posts 20% Y/Y Earnings Growth in 2024 on Defense Backlog

NPK's 2024 EPS witnesses 20% year-over-year growth, driven by strong Defense sales, improved retail demand and a better product mix. A $1 billion backlog limits extra dividends for 2025.

Zacks Investment Research • Feb 25, 2025