William Blair Forecasts Increased Earnings for AeroVironment

AeroVironment, Inc. (NASDAQ:AVAV - Free Report) - Research analysts at William Blair lifted their Q4 2026 EPS estimates for shares of AeroVironment in a report issued on Tuesday, July 8th. William Blair analyst L. Dipalma now forecasts that the aerospace company will earn $1.68 per share for the quarter, up from their prior estimate of $1.50. William Blair has a "Outperform" rating on the stock. The consensus estimate for AeroVironment's current full-year earnings is $3.38 per share.

A number of other research analysts have also recently commented on AVAV. KeyCorp started coverage on AeroVironment in a research note on Sunday, June 29th. They set an "overweight" rating on the stock. Cantor Fitzgerald began coverage on AeroVironment in a research note on Tuesday. They set an "overweight" rating and a $335.00 price objective on the stock. The Goldman Sachs Group began coverage on shares of AeroVironment in a research report on Monday, June 30th. They issued a "buy" rating and a $301.00 price objective for the company. Oppenheimer reaffirmed an "outperform" rating on shares of AeroVironment in a research report on Sunday, June 29th. Finally, Wall Street Zen raised shares of AeroVironment from a "sell" rating to a "hold" rating in a research report on Sunday, June 22nd. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $265.22.

AeroVironment Stock Up 0.3%

NASDAQ:AVAV traded up $0.80 during mid-day trading on Wednesday, hitting $237.57. The company had a trading volume of 2,012,463 shares, compared to its average volume of 566,640. The business has a fifty day simple moving average of $194.74 and a 200-day simple moving average of $165.57. The firm has a market capitalization of $11.72 billion, a price-to-earnings ratio of 153.27 and a beta of 0.96. AeroVironment has a 1 year low of $102.25 and a 1 year high of $295.90. The company has a current ratio of 3.52, a quick ratio of 2.69 and a debt-to-equity ratio of 0.03.

AeroVironment (NASDAQ:AVAV - Get Free Report) last posted its earnings results on Tuesday, June 24th. The aerospace company reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.20. The firm had revenue of $275.05 million during the quarter, compared to the consensus estimate of $242.69 million. AeroVironment had a net margin of 5.32% and a return on equity of 10.68%. The company's revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 EPS.

Institutional Trading of AeroVironment

Several institutional investors have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC lifted its holdings in AeroVironment by 120.2% during the 4th quarter. CoreCap Advisors LLC now owns 185 shares of the aerospace company's stock worth $28,000 after buying an additional 101 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in AeroVironment by 171.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company's stock worth $29,000 after buying an additional 154 shares during the last quarter. Colonial Trust Advisors bought a new position in AeroVironment during the 4th quarter worth approximately $31,000. Accredited Wealth Management LLC acquired a new position in shares of AeroVironment in the 4th quarter valued at about $31,000. Finally, Spirit of America Management Corp NY acquired a new position in shares of AeroVironment in the 1st quarter valued at about $36,000. 86.38% of the stock is owned by institutional investors and hedge funds.

AeroVironment Company Profile

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.