AEVEX (NYSE:AVEX) Stock Falls 8.2% Following Weak Earnings

Key Points

• AEVEX shares fell 8.2% to about $12.63 after the earnings announcement; trading volume was 60% below its average.
• The company reported a quarterly loss of $0.40 per share, missing the $0.09 consensus estimate, despite revenue rising 56.5% year over year to $189.7 million.
• AEVEX raised its 2026 revenue guidance to $820 million–$840 million, above the roughly $753 million consensus estimate.

AEVEX Corp. (NYSE:AVEX - Get Free Report)'s stock price fell 8.2% on Friday following a dissappointing earnings announcement. The company traded as low as $12.60 and last traded at $12.63. 885,932 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 2,200,188 shares. The stock had previously closed at $13.76.

The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.49). The company had revenue of $189.70 million for the quarter. The business's quarterly revenue was up 56.5% compared to the same quarter last year.

More AEVEX News

Investors following AVEX have been watching these news items:

• Positive Sentiment: AEVEX raised its 2026 revenue guidance to $820 million–$840 million, well above the roughly $753 million consensus. Third-quarter revenue increased 56.5% year over year to $189.7 million, beating estimates; organic growth and the BlackSea Technologies acquisition helped drive results and expand the company into maritime markets. AEVEX Q3 results
• Neutral Sentiment: Analyst actions were mixed: Piper Sandler raised its target from $13 to $15 but kept a neutral rating, while Needham cut its target from $45 to $30 but maintained a buy rating. Call-option trading also rose well above its usual volume, suggesting increased investor interest but not establishing a clear direction. Piper Sandler target Needham target
• Negative Sentiment: Despite revenue growth, AEVEX reported a $16.8 million net loss, versus net income a year earlier, and EPS of -$0.40—missing the consensus estimate of $0.09. The earnings miss may be tempering the positive reaction to the stronger sales outlook. Q3 loss and revenue report

Analysts Set New Price Targets

Several equities analysts recently weighed in on AVEX shares. Royal Bank Of Canada cut their price objective on AEVEX from $26.00 to $22.00 and set an "outperform" rating for the company in a research report on Thursday, October 22nd. Jefferies Financial Group reaffirmed a "buy" rating on shares of AEVEX in a report on Thursday, October 22nd. Piper Sandler raised their target price on AEVEX from $13.00 to $15.00 and gave the company a "neutral" rating in a report on Thursday. UBS Group set a $13.00 price target on AEVEX in a research report on Thursday, October 22nd. Finally, Needham & Company LLC cut their price target on AEVEX from $45.00 to $30.00 and set a "buy" rating for the company in a report on Thursday. Eleven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $27.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP acquired a new position in shares of AEVEX during the third quarter valued at about $53,687,000. Alyeska Investment Group L.P. acquired a new stake in AEVEX during the second quarter worth about $19,903,000. State Street Corp increased its stake in AEVEX by 265.3% during the third quarter. State Street Corp now owns 1,203,960 shares of the company's stock valued at $18,228,000 after acquiring an additional 874,380 shares during the period. Voya Investment Management LLC bought a new position in AEVEX during the third quarter valued at about $11,505,000. Finally, Kailix Advisors LLC increased its stake in AEVEX by 21.8% during the third quarter. Kailix Advisors LLC now owns 386,350 shares of the company's stock valued at $5,849,000 after acquiring an additional 69,200 shares during the period.

AEVEX Stock Performance

The firm has a fifty day simple moving average of $14.10 and a 200 day simple moving average of $19.31. The company has a current ratio of 5.66, a quick ratio of 5.50 and a debt-to-equity ratio of 1.15. The stock has a market cap of $1.44 billion and a price-to-earnings ratio of 39.47.

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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