Rothschild & Co Redburn began coverage on shares of AeroVironment (NASDAQ:AVAV – Free Report) in a research note released on Tuesday, MarketBeat.com reports. The brokerage issued a hold rating and a $165.00 price target on the aerospace company’s stock.
A number of other analysts have also commented on the stock. Citizens Jmp reaffirmed a “market outperform” rating and set a $230.00 price objective on shares of AeroVironment in a research note on Thursday, September 10th. Jefferies Financial Group dropped their target price on shares of AeroVironment from $229.00 to $204.00 and set a “buy” rating on the stock in a research report on Wednesday, September 16th. Bank of America cut their price target on shares of AeroVironment from $225.00 to $185.00 and set a “buy” rating on the stock in a report on Friday, September 11th. Royal Bank Of Canada downgraded shares of AeroVironment from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $210.00 to $180.00 in a research report on Thursday, July 9th. Finally, Weiss Ratings lowered shares of AeroVironment from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $228.37.
Check Out Our Latest Report on AeroVironment
AeroVironment Stock Performance
AeroVironment (NASDAQ:AVAV – Get Free Report) last announced its earnings results on Wednesday, September 9th. The aerospace company reported $0.59 earnings per share (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 analyst estimates of $451.95 million. During the same period in the previous year, the firm earned $0.32 earnings per share. AeroVironment’s revenue for the quarter was up 5.7% compared to the same quarter last year. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, equities analysts predict that AeroVironment will post 3.26 EPS for the current fiscal year.
Insider Transactions at AeroVironment
In other news, Director Stephen Page sold 250 shares of the 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 completion of the sale, the director directly owned 48,253 shares of the company’s stock, valued at $7,347,484.31. This represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Shackley sold 205 shares of the firm’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 transaction of $41,381.30. Following the sale, the chief accounting officer owned 7,888 shares of the company’s stock, valued at approximately $1,592,271.68. This represents a 2.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 805 shares of company stock worth $142,671 in the last quarter. 0.79% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On AeroVironment
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in shares of AeroVironment by 52.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,075 shares of the aerospace company’s stock valued at $153,000 after acquiring an additional 370 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of AeroVironment by 82.1% in the third quarter. CoreCap Advisors LLC now owns 652 shares of the aerospace company’s stock worth $93,000 after acquiring an additional 294 shares during the last quarter. Vista Investment Partners LLC raised its holdings in shares of AeroVironment by 0.9% during the third quarter. Vista Investment Partners LLC now owns 16,594 shares of the aerospace company’s stock worth $2,360,000 after acquiring an additional 143 shares in the last quarter. Congress Asset Management Co. raised its holdings in shares of AeroVironment by 20.1% during the third quarter. Congress Asset Management Co. now owns 595,134 shares of the aerospace company’s stock worth $84,640,000 after acquiring an additional 99,494 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its position in AeroVironment by 96.0% during the third quarter. Moody National Bank Trust Division now owns 14,449 shares of the aerospace company’s stock valued at $2,055,000 after purchasing an additional 7,076 shares during the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.
Trending Headlines about AeroVironment
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: AeroVironment secured a $464.8 million U.S. Army production contract for its Enduring High Energy Laser program. The award expands the company beyond unmanned aircraft and could provide a meaningful new source of defense revenue. AeroVironment Lands $464.8 Million Directed Energy Contract
- Positive Sentiment: VideoRay, AeroVironment’s underwater robotics business, was selected for a U.S. Navy mine-countermeasure prototype program. The opportunity could broaden AVAV’s exposure to naval and autonomous systems markets. AeroVironment’s VideoRay Selected for U.S. Navy Mine Countermeasure Prototype Program
- Positive Sentiment: The company’s LOCUST laser weapon system reportedly received its first international commercial order, valued at more than $50 million, supporting the potential for overseas growth and recurring support revenue. Can LOCUST Lasers Power the Next Leg of AeroVironment Growth?
- Neutral Sentiment: Rothschild & Co Redburn initiated coverage with a Hold rating and a $165 price target, implying analysts see value but remain cautious about near-term upside. AeroVironment Stock Bumped Up to Hold by Rothschild & Co Redburn
- Negative Sentiment: AVAV is trading lower alongside drone-sector peers even when competitors report new orders, indicating broad investor concerns about defense-stock valuations, demand timing and execution.
- Negative Sentiment: A prior accounting restatement continues to weigh on sentiment, while the stock’s substantial year-to-date decline and position below its longer-term moving averages reinforce bearish momentum. AeroVironment Is Now Down 43% This Year
AeroVironment Company Profile
AeroVironment, Inc is a defense technology company that develops and supplies autonomous systems, uncrewed aircraft, loitering munitions and counter-uncrewed-aircraft systems. Its portfolio includes small unmanned aircraft systems such as Raven, Puma and Wasp, as well as larger platforms including JUMP 20 and Quantix Recon.
The company is also known for its Switchblade family of loitering munitions, which combine surveillance, target identification and precision strike capabilities. AeroVironment provides related ground control systems, sensors, software, communications equipment, training and support services for intelligence, surveillance and reconnaissance missions.
Founded in 1971 by aerospace engineer Paul B.
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