The Goldman Sachs Group Raises AeroVironment (NASDAQ:AVAV) Price Target to $333.00

AeroVironment (NASDAQ:AVAV) had its price target raised by The Goldman Sachs Group from $300.00 to $333.00 in a research note published on Thursday,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the aerospace company’s stock.

Several other equities research analysts also recently issued reports on the company. Cantor Fitzgerald initiated coverage on AeroVironment in a research report on Tuesday, July 8th. They set an “overweight” rating and a $335.00 target price on the stock. BTIG Research reaffirmed a “buy” rating and set a $300.00 target price on shares of AeroVironment in a report on Friday, September 19th. Wedbush upgraded AeroVironment to an “outperform” rating in a research report on Wednesday, June 25th. Stifel Nicolaus increased their price target on shares of AeroVironment from $295.00 to $389.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of AeroVironment in a research note on Sunday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, AeroVironment currently has a consensus rating of “Moderate Buy” and an average price target of $347.14.

AeroVironment Price Performance

NASDAQ AVAV opened at $374.64 on Thursday. The company has a quick ratio of 5.12, a current ratio of 5.96 and a debt-to-equity ratio of 0.16. The company has a market cap of $18.71 billion, a PE ratio of -585.37, a price-to-earnings-growth ratio of 6.35 and a beta of 0.99. AeroVironment has a 52 week low of $102.25 and a 52 week high of $383.80. The firm’s 50-day simple moving average is $264.33 and its two-hundred day simple moving average is $211.00.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Tuesday, September 9th. The aerospace company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The business had revenue of $454.68 million during the quarter, compared to analysts’ expectations of $446.16 million. AeroVironment had a positive return on equity of 4.67% and a negative net margin of 4.14%.AeroVironment’s revenue for the quarter was up 140.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. Research analysts predict that AeroVironment will post 3.38 earnings per share for the current year.

Insider Activity at AeroVironment

In other news, CEO Wahid Nawabi sold 17,300 shares of AeroVironment stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $263.05, for a total value of $4,550,765.00. Following the transaction, the chief executive officer owned 122,233 shares in the company, valued at approximately $32,153,390.65. The trade was a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On AeroVironment

A number of large investors have recently bought and sold shares of AVAV. GAMMA Investing LLC lifted its position in AeroVironment by 11.9% in the third quarter. GAMMA Investing LLC now owns 966 shares of the aerospace company’s stock valued at $304,000 after purchasing an additional 103 shares during the last quarter. Corient Private Wealth LLC purchased a new position in shares of AeroVironment in the second quarter worth $433,000. Thrivent Financial for Lutherans raised its holdings in AeroVironment by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 20,717 shares of the aerospace company’s stock valued at $5,903,000 after buying an additional 148 shares during the last quarter. Cim Investment Management Inc. purchased a new stake in AeroVironment during the 2nd quarter valued at $729,000. Finally, Cim LLC purchased a new stake in AeroVironment during the 2nd quarter valued at $435,000. 86.38% of the stock is owned by hedge funds and other institutional investors.

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.