AEVEX (NYSE:AVEX) Given New $30.00 Price Target at Needham & Company LLC

Key Points

• Needham cut its AEVEX price target from $45 to $30 but kept a Buy rating, implying 145.3% upside from the stock’s current price.
• Analyst sentiment remains broadly positive: the consensus is Moderate Buy, with an average price target of $27.55.
• AEVEX’s quarterly revenue rose 56.5% year over year, but it reported a $0.40-per-share loss, missing the $0.09 consensus estimate.

AEVEX (NYSE:AVEX - Get Free Report) had its target price lowered by equities researchers at Needham & Company LLC from $45.00 to $30.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a "buy" rating on the stock. Needham & Company LLC's price target points to a potential upside of 145.30% from the stock's current price.

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group reaffirmed a "buy" rating on shares of AEVEX in a research note on Thursday, October 22nd. Royal Bank Of Canada cut their target price on AEVEX from $26.00 to $22.00 and set an "outperform" rating on the stock in a research note on Thursday, October 22nd. Oppenheimer initiated coverage on AEVEX in a report on Thursday, October 22nd. They set an "outperform" rating and a $21.00 target price on the stock. Piper Sandler reduced their target price on AEVEX from $20.00 to $13.00 and set a "neutral" rating on the stock in a report on Thursday, October 22nd. Finally, Weiss Ratings started coverage on AEVEX in a research report on Friday, August 14th. They set a "sell (d)" rating for the company. Eleven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $27.55.

AEVEX Trading Up 5.4%

AVEX opened at $12.23 on Thursday. The firm has a 50 day simple moving average of $14.14 and a 200 day simple moving average of $19.35. AEVEX has a fifty-two week low of $8.95 and a fifty-two week high of $42.34. The company has a market cap of $1.39 billion and a price-to-earnings ratio of 38.22. The company has a debt-to-equity ratio of 1.15, a current ratio of 5.66 and a quick ratio of 5.50.

AEVEX (NYSE:AVEX - Get Free Report) last announced its quarterly earnings data on Wednesday, November 11th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.49). The business's revenue for the quarter was up 56.5% compared to the same quarter last year. On average, sell-side analysts anticipate that AEVEX will post 0.48 earnings per share for the current year.

Hedge Funds Weigh In On AEVEX

Institutional investors have recently modified their holdings of the business. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of AEVEX in the 3rd quarter valued at approximately $30,000. State of Alaska Department of Revenue bought a new position in AEVEX in the third quarter valued at approximately $45,000. SBI Securities Co. Ltd. lifted its stake in AEVEX by 157.2% in the third quarter. SBI Securities Co. Ltd. now owns 5,402 shares of the company's stock valued at $82,000 after buying an additional 3,302 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in AEVEX in the third quarter valued at approximately $130,000. Finally, HighTower Advisors LLC acquired a new position in shares of AEVEX in the second quarter valued at approximately $269,000.

More AEVEX News

Investors following AVEX have been watching these news items:

• Positive Sentiment: Third-quarter revenue rose 56.5% year over year to $189.7 million, while adjusted EBITDA increased to $30.8 million from $17.8 million a year earlier. AEVEX Corp. Announces Financial Results for Third Quarter 2026
• Positive Sentiment: The company was also reported to have received a U.S. customer IDIQ contract with a ceiling of up to $400 million. The ceiling represents potential contract value, not necessarily funded orders or guaranteed revenue. AEVEX awarded IDIQ contract with $400M ceiling for US customer
• Negative Sentiment: AEVEX reported a third-quarter net loss of $16.8 million, versus net income of $9.9 million a year earlier. EPS was a loss of $0.40, missing the $0.09 analyst consensus—an important counterpoint to the revenue growth and higher guidance. Aevex Reports Q3 Loss; Revenue Rises

AEVEX Company Profile

AEVEX Corporation NYSE: AVEX provides defense and intelligence customers with unmanned aircraft systems and related mission solutions. Its work includes designing, building and integrating aircraft, sensors and other mission equipment for operational use. The company also offers engineering, training and operational support services. These capabilities help customers plan and conduct missions that rely on aerial surveillance, reconnaissance and other specialized aviation functions. AEVEX serves government and defense customers, including U.S. and allied users.

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