AEVEX Corp. (NYSE:AVEX – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $22.75, but opened at $21.59. AEVEX shares last traded at $21.29, with a volume of 411,727 shares trading hands.
Trending Headlines about AEVEX
Here are the key news stories impacting AEVEX this week:
- Positive Sentiment: Strong second-quarter results: AEVEX reported adjusted EPS of $0.07, ahead of the $0.06 consensus estimate, while revenue reached $201.79 million versus expectations of $155.15 million. Revenue nearly doubled year over year, increasing 99.5%. AEVEX second-quarter earnings report
- Positive Sentiment: Raised revenue outlook: The company issued fiscal 2026 revenue guidance of $700 million to $720 million, substantially above the analyst consensus of $606.8 million. The stronger outlook supports expectations for continued demand for AEVEX’s autonomous systems, mission software, intelligence, surveillance and reconnaissance, and electronic warfare offerings.
- Positive Sentiment: Strategic acquisition: AEVEX agreed to acquire BlackSea Technologies for up to $650 million. BlackSea provides unmanned surface and subsea vessels, which would expand AEVEX’s multi-domain autonomous systems capabilities and broaden its position in the U.S. defense market. AEVEX to acquire BlackSea Technologies
- Positive Sentiment: Analyst support: Needham & Company reaffirmed its “Buy” rating and set a $45 price target, indicating substantial potential upside from recent trading levels. Benzinga analyst rating report
- Neutral Sentiment: Investor focus: The Q2 earnings call transcript offers additional management commentary on results, the updated outlook, and the BlackSea transaction. AEVEX Q2 2026 earnings call transcript
- Negative Sentiment: Acquisition-related uncertainty: Although BlackSea could accelerate growth, the transaction’s potential $650 million price tag raises questions about financing, dilution, integration, and whether the expected strategic benefits will justify the cost. Those concerns may be offsetting the strong earnings and guidance news.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on AVEX shares. The Goldman Sachs Group began coverage on shares of AEVEX in a report on Tuesday, May 12th. They set a “buy” rating and a $34.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on AEVEX from $33.00 to $35.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 target price on shares of AEVEX in a research report on Monday, May 25th. Robert W. Baird assumed coverage on shares of AEVEX in a research note on Tuesday, May 12th. They set an “outperform” rating and a $38.00 price target on the stock. Finally, Royal Bank Of Canada started coverage on shares of AEVEX in a research note on Tuesday, May 12th. They set an “outperform” rating and a $31.00 price target on the stock. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, AEVEX has an average rating of “Moderate Buy” and a consensus price target of $35.62.
AEVEX Stock Down 7.2%
The company has a market capitalization of $2.41 billion and a P/E ratio of 84.44. The business’s fifty day moving average is $18.43. The company has a quick ratio of 2.63, a current ratio of 2.69 and a debt-to-equity ratio of 1.15.
Insider Buying and Selling
In related news, major shareholder Madison Dearborn Partners Llc sold 2,273,843 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $25.99, for a total value of $59,097,179.57. Following the sale, the insider owned 22,861,457 shares of the company’s stock, valued at $594,169,267.43. The trade was a 9.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
AEVEX Company Profile
AEVEX Corp. is a holding company which designs, manufactures and provides autonomous systems and navigation technologies. The company’s operating segment includes tactical systems and global solutions. AEVEX Corp. is based in Solana Beach, California.
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