KeyCorp Has Lowered Expectations for AeroVironment (NASDAQ:AVAV) Stock Price

Posted by Brenda Bartman on Nov 2nd, 2026

AeroVironment (NASDAQ:AVAV – Get Free Report) had its target price decreased by research analysts at KeyCorp from $220.00 to $200.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the aerospace company’s stock. KeyCorp‘s target price indicates a potential upside of 58.59% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the company. Citizens Jmp lowered their target price on AeroVironment from $230.00 to $170.00 and set a “market outperform” rating for the company in a research note on Monday, October 19th. JPMorgan Chase & Co. upped their price objective on shares of AeroVironment from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, September 10th. Bank of America lowered their target price on AeroVironment from $225.00 to $185.00 and set a “buy” rating for the company in a research note on Friday, September 11th. Barclays initiated coverage on AeroVironment in a research report on Friday, October 9th. They set an “equal weight” rating and a $237.00 target price on the stock. Finally, Oppenheimer initiated coverage on AeroVironment in a research note on Thursday, October 22nd. They issued an “outperform” rating and a $205.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, AeroVironment currently has an average rating of “Moderate Buy” and a consensus target price of $223.86.

Get Our Latest Analysis on AeroVironment

AeroVironment Stock Performance

Shares of AVAV stock opened at $126.11 on Monday. AeroVironment has a one year low of $113.15 and a one year high of $408.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.33 and a current ratio of 4.26. The company has a 50 day moving average price of $141.15 and a 200 day moving average price of $187.31. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of -53.89, a price-to-earnings-growth ratio of 1.98 and a beta of 1.42.

AeroVironment (NASDAQ:AVAV – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.37. AeroVironment had a positive return on equity of 4.04% and a negative net margin of 5.77%. The company had revenue of $480.49 million for the quarter, compared to the consensus estimate of $451.95 million. During the same period last year, the business posted $0.32 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Sell-side analysts anticipate that AeroVironment will post 3.26 EPS for the current year.

Insider Activity at AeroVironment

In other news, CAO Brian Shackley sold 205 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $201.86, for a total value of $41,381.30. Following the completion of the sale, the chief accounting officer directly owned 7,888 shares in the company, valued at approximately $1,592,271.68. The trade was a 2.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Page sold 250 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $152.27, for a total value of $38,067.50. Following the sale, the director directly owned 48,253 shares in the company, valued at approximately $7,347,484.31. This represents a 0.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 805 shares of company stock valued at $142,671. Insiders own 0.79% of the company’s stock.

Institutional Trading of AeroVironment

Several institutional investors have recently added to or reduced their stakes in AVAV. BlackRock Inc. bought a new stake in AeroVironment in the 2nd quarter valued at about $574,566,000. Korea Investment CORP acquired a new position in AeroVironment during the 2nd quarter valued at about $54,901,000. Pinnacle Associates Ltd. grew its position in AeroVironment by 29.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 191,312 shares of the aerospace company’s stock worth $27,208,000 after purchasing an additional 43,667 shares during the last quarter. Tocqueville Asset Management L.P. bought a new position in AeroVironment in the 2nd quarter worth about $25,815,000. Finally, Canal Insurance CO increased its stake in shares of AeroVironment by 14.3% in the third quarter. Canal Insurance CO now owns 80,000 shares of the aerospace company’s stock valued at $11,378,000 after purchasing an additional 10,000 shares during the period. Institutional investors own 86.38% of the company’s stock.

About AeroVironment

(Get Free Report)

AeroVironment, Inc is a defense technology company that develops and supplies uncrewed aircraft systems, loitering munitions, counter-uncrewed-aircraft systems, space systems and related autonomous technologies. Its products are designed for intelligence, surveillance and reconnaissance, precision strike, tactical communications and other defense and security missions.

The company’s portfolio includes the Raven, Puma and Quantix unmanned aircraft systems; the JUMP 20 vertical-takeoff-and-landing aircraft; and the Switchblade family of loitering munitions.