AeroVironment (NASDAQ:AVAV) Releases Earnings Results, Beats Expectations By $0.20 EPS

AeroVironment (NASDAQ:AVAV) announced its quarterly earnings results on Tuesday. The aerospace company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.20, Zacks reports. The company had revenue of $275.05 million for the quarter, compared to analysts’ expectations of $242.69 million. AeroVironment had a net margin of 5.32% and a return on equity of 10.77%. AeroVironment’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 earnings per share. AeroVironment updated its FY 2026 guidance to 2.800-3.000 EPS.

AeroVironment Stock Performance

Shares of AVAV opened at $234.94 on Thursday. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 151.58 and a beta of 0.81. The business’s fifty day simple moving average is $172.05 and its two-hundred day simple moving average is $158.51. AeroVironment has a 12 month low of $102.25 and a 12 month high of $250.00. The company has a current ratio of 4.22, a quick ratio of 3.07 and a debt-to-equity ratio of 0.03.

Institutional Investors Weigh In On AeroVironment

An institutional investor recently bought a new position in AeroVironment stock. United Services Automobile Association purchased a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,860 shares of the aerospace company’s stock, valued at approximately $225,000. Institutional investors and hedge funds own 86.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AVAV. Wall Street Zen upgraded AeroVironment from a “sell” rating to a “hold” rating in a research report on Sunday. Jefferies Financial Group cut their price objective on shares of AeroVironment from $230.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Robert W. Baird raised their target price on shares of AeroVironment from $146.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, June 6th. Wedbush raised AeroVironment to an “outperform” rating in a research report on Wednesday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $190.00 price target on shares of AeroVironment in a report on Monday, May 12th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $216.57.

About AeroVironment

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.