AeroVironment (NASDAQ:AVAV) Given New $230.00 Price Target at Citizens Jmp

AeroVironment (NASDAQ:AVAVFree Report) had its target price decreased by Citizens Jmp from $350.00 to $230.00 in a report released on Friday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the aerospace company’s stock.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of AeroVironment in a research note on Monday, June 8th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price objective on shares of AeroVironment in a report on Thursday. UBS Group reaffirmed a “buy” rating on shares of AeroVironment in a report on Thursday. KeyCorp decreased their target price on AeroVironment from $295.00 to $220.00 and set an “overweight” rating for the company in a research report on Friday, June 26th. Finally, Raymond James Financial raised AeroVironment from an “underperform” rating to a “market perform” rating in a research report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, AeroVironment presently has a consensus rating of “Moderate Buy” and an average price target of $266.68.

Get Our Latest Research Report on AVAV

AeroVironment Stock Down 2.6%

Shares of AVAV traded down $3.82 during trading on Friday, reaching $144.58. The company’s 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 price-to-earnings ratio of -39.29, a P/E/G ratio of 2.24 and a beta of 1.39. The company has a quick ratio of 3.59, a current ratio of 4.30 and a debt-to-equity ratio of 0.17. The company has a fifty day moving average of $171.26 and a two-hundred day moving average of $220.85. AeroVironment has a twelve month low of $135.20 and a twelve month high of $417.86.

AeroVironment (NASDAQ:AVAVGet Free Report) last released its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.37. The business had revenue of $641.62 million during the quarter, compared to the consensus estimate of $555.97 million. AeroVironment had a negative net margin of 9.00% and a positive return on equity of 3.71%. The business’s quarterly revenue was up 133.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, sell-side analysts predict that AeroVironment will post 3.4 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Stephen F. Page sold 250 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $174.41, for a total transaction of $43,602.50. Following the sale, the director owned 49,001 shares in the company, valued at $8,546,264.41. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 750 shares of company stock worth $133,502 in the last quarter. 0.81% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AeroVironment

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. acquired a new stake in shares of AeroVironment during the 1st quarter worth approximately $25,000. Tema Etfs LLC bought a new stake in shares of AeroVironment in the 4th quarter worth approximately $26,000. Hilton Head Capital Partners LLC acquired a new position in AeroVironment during the 4th quarter valued at approximately $26,000. Whittier Trust Co. of Nevada Inc. acquired a new position in AeroVironment during the 1st quarter valued at approximately $28,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in AeroVironment during the 3rd quarter worth $29,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about AeroVironment

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

AeroVironment Company Profile

(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.

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