AeroVironment (NASDAQ:AVAV) Price Target Cut to $240.00 by Analysts at Canaccord Genuity Group

Posted by Francis Steltz on Jul 11th, 2026

AeroVironment (NASDAQ:AVAV – Free Report) had its price objective trimmed by Canaccord Genuity Group from $280.00 to $240.00 in a research note released on Friday, Marketbeat Ratings reports. The firm currently has a buy rating on the aerospace company’s stock.

Several other brokerages also recently commented on AVAV. Citizens Jmp reiterated a “market outperform” rating and set a $350.00 price target on shares of AeroVironment in a report on Tuesday, June 30th. Wolfe Research lowered AeroVironment to a “buy” rating in a research note on Tuesday, June 30th. Zacks Research upgraded AeroVironment from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Clear Str raised AeroVironment to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Wedbush started coverage on AeroVironment in a research note on Tuesday, June 30th. They issued an “outperform” rating and a $250.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $266.68.

Check Out Our Latest Report on AeroVironment

AeroVironment Price Performance

Shares of NASDAQ:AVAV traded down $3.82 during mid-day trading on Friday, reaching $144.58. The stock had a trading volume of 1,340,471 shares, compared to its average volume of 2,246,661. The company has a market cap of $7.32 billion, a P/E ratio of -39.29, a price-to-earnings-growth ratio of 2.24 and a beta of 1.39. AeroVironment has a 1 year low of $135.20 and a 1 year high of $417.86. The business’s 50 day moving average price is $171.26 and its 200 day moving average price is $220.85. The company has a current ratio of 4.30, a quick ratio of 3.59 and a debt-to-equity ratio of 0.17.

AeroVironment (NASDAQ:AVAV – Get Free Report) last posted its earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The firm had revenue of $641.62 million during the quarter, compared to the consensus estimate of $555.97 million. During the same period in the prior year, the company earned $1.61 EPS. The company’s quarterly revenue was up 133.3% compared to the same quarter last year. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Research analysts expect that AeroVironment will post 3.4 EPS for the current fiscal year.

Insider Activity

In other news, Director Stephen F. Page sold 250 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the completion of the sale, the director owned 49,001 shares in the company, valued at approximately $8,546,264.41. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 750 shares of company stock worth $133,502 over the last 90 days. Corporate insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Groupama Asset Managment purchased a new stake in AeroVironment in the third quarter valued at about $314,890,000. Norges Bank purchased a new stake in shares of AeroVironment during the fourth quarter worth about $94,655,000. CIBC Private Wealth Group LLC grew its stake in shares of AeroVironment by 24,798.7% during the third quarter. CIBC Private Wealth Group LLC now owns 315,716 shares of the aerospace company’s stock worth $99,416,000 after acquiring an additional 314,448 shares during the last quarter. Swedbank AB increased its holdings in shares of AeroVironment by 22,773.4% during the fourth quarter. Swedbank AB now owns 261,214 shares of the aerospace company’s stock valued at $63,185,000 after acquiring an additional 260,072 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of AeroVironment by 4,770.1% during the fourth quarter. Marshall Wace LLP now owns 260,207 shares of the aerospace company’s stock valued at $62,941,000 after acquiring an additional 254,864 shares in the last quarter. 86.38% of the stock is currently owned by hedge funds and other institutional investors.

More AeroVironment News

Here are the key news stories impacting AeroVironment this week:

Positive Sentiment: Needham, BTIG, and other analysts reiterated bullish ratings on AeroVironment, signaling continued confidence in the company’s long-term outlook. Analyst rating updates
Positive Sentiment: One report highlighted strong fiscal Q4 results, including $642 million in revenue, 22% EBITDA margins, and a $2.7 billion backlog, suggesting solid operational execution. MarketBeat article
Neutral Sentiment: AeroVironment was said to win a German drone order, which supports the company’s pipeline but does not by itself change the bigger valuation debate. Yahoo Finance article
Negative Sentiment: Multiple law firms issued reminders about the July 27 lead-plaintiff deadline in the AVAV securities class action, keeping legal risk in focus. Rosen Law Firm deadline reminder
Negative Sentiment: RBC downgraded AeroVironment to Hold and cut its price target, citing skepticism about the company’s aggressive growth targets. RBC downgrade article

About AeroVironment

(Get Free Report)

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.