AeroVironment, Inc. (NASDAQ:AVAV) Receives Average Recommendation of "Buy" from Analysts

Key Points

• AeroVironment, Inc. has received an average recommendation of "Buy" from analysts, with 16 ratings as "buy" and 3 as "strong buy," indicating strong market confidence in the stock.
• The average 1-year price target for AeroVironment is approximately $292.92, with some analysts setting target prices as high as $300.00.
• AeroVironment reported a significant 140% increase in year-over-year revenue for its latest quarter, although it missed the EPS consensus estimate.

AeroVironment, Inc. (NASDAQ:AVAV - Get Free Report) has been assigned an average recommendation of "Buy" from the nineteen analysts that are presently covering the firm, Marketbeat.com reports. Sixteen analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $292.9231.

AVAV has been the subject of several recent analyst reports. BTIG Research restated a "buy" rating and set a $300.00 target price on shares of AeroVironment in a research report on Friday, September 19th. Bank of America initiated coverage on AeroVironment in a research report on Thursday, September 18th. They set a "buy" rating and a $300.00 target price for the company. William Blair restated an "outperform" rating on shares of AeroVironment in a research report on Tuesday, September 16th. Wall Street Zen upgraded AeroVironment from a "sell" rating to a "hold" rating in a research report on Sunday, June 22nd. Finally, Oppenheimer restated an "outperform" rating on shares of AeroVironment in a research report on Sunday, June 29th.

AeroVironment Trading Up 1.0%

AVAV opened at $301.52 on Thursday. The firm has a market cap of $15.05 billion, a P/E ratio of -471.12, a P/E/G ratio of 5.07 and a beta of 1.02. AeroVironment has a 12 month low of $102.25 and a 12 month high of $307.11. The company has a current ratio of 5.96, a quick ratio of 5.12 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $256.27 and a 200 day moving average of $200.51.

AeroVironment (NASDAQ:AVAV - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The aerospace company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $454.68 million during the quarter, compared to analysts' expectations of $446.16 million. AeroVironment had a positive return on equity of 4.67% and a negative net margin of 4.14%.The company's revenue was up 140.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.89 EPS. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. As a group, research analysts forecast that AeroVironment will post 3.38 EPS for the current year.

Insider Buying and Selling at AeroVironment

In other news, CEO Wahid Nawabi sold 17,300 shares of AeroVironment stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total transaction of $4,550,765.00. Following the completion of the sale, the chief executive officer owned 122,233 shares of the company's stock, valued at approximately $32,153,390.65. The trade was a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.81% of the company's stock.

Institutional Trading of AeroVironment

A number of hedge funds have recently bought and sold shares of AVAV. ORG Partners LLC increased its position in shares of AeroVironment by 296.0% during the second quarter. ORG Partners LLC now owns 99 shares of the aerospace company's stock worth $27,000 after purchasing an additional 74 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of AeroVironment during the second quarter worth $28,000. Bessemer Group Inc. increased its position in shares of AeroVironment by 60.3% during the second quarter. Bessemer Group Inc. now owns 117 shares of the aerospace company's stock worth $33,000 after purchasing an additional 44 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of AeroVironment by 5,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 159 shares of the aerospace company's stock worth $45,000 after purchasing an additional 156 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of AeroVironment during the second quarter worth $46,000. Hedge funds and other institutional investors own 86.38% of the company's stock.

About AeroVironment

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.

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