AIRO Group (NASDAQ:AIRO) Shares Gap Up - Time to Buy?

AIRO Group Holdings, Inc. (NASDAQ:AIRO - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $22.20, but opened at $24.47. AIRO Group shares last traded at $25.67, with a volume of 928,884 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Mizuho began coverage on shares of AIRO Group in a research report on Tuesday, July 8th. They set an "outperform" rating and a $31.00 price objective on the stock. Cantor Fitzgerald assumed coverage on shares of AIRO Group in a report on Tuesday, July 8th. They set an "overweight" rating and a $35.00 price target on the stock. Wall Street Zen cut shares of AIRO Group from a "hold" rating to a "sell" rating in a report on Saturday. Finally, BTIG Research started coverage on AIRO Group in a report on Tuesday, July 8th. They set a "buy" rating and a $26.00 target price on the stock.

AIRO Group Trading Down 1.8%

About AIRO Group

We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market.