NASDAQ:AVAV

AeroVironment (AVAV) Stock Forecast, Price & News

$111.53

+1.42 (+1.29%)

(As of 09/29/2023 08:52 PM ET)

Compare

Today's Range: $110.25
▼
$112.99
50-Day Range: $92.49
▼
$115.05
52-Week Range: $74.91
▼
$124.33

Volume: 278,700 shs
Average Volume: 210,916 shs
Market Capitalization: $2.93 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $120.50

AeroVironment MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.0% Upside
$120.50 Price Target
Short Interest: Healthy
2.66% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.01
Based on 4 Articles This Week
Insider Trading: Selling Shares
$53,566 Sold Last Quarter
Proj. Earnings Growth: 14.64%
From $2.80 to $3.21 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Aerospace Sector

33rd out of 43 stocks

Aircraft Industry

7th out of 9 stocks

1.5

Analyst's Opinion

Consensus Rating
AeroVironment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $120.50, AeroVironment has a forecasted upside of 8.0% from its current price of $111.53.
Amount of Analyst Coverage
AeroVironment has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.66% of the outstanding shares of AeroVironment have been sold short.
Short Interest Ratio / Days to Cover
AeroVironment has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AeroVironment has recently increased by 7.76%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AeroVironment does not currently pay a dividend.
Dividend Growth
AeroVironment does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AVAV.

3.9

News and Social Media Coverage

News Sentiment
AeroVironment has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for AeroVironment this week, compared to 3 articles on an average week.
Search Interest
26 people have searched for AVAV on MarketBeat in the last 30 days. This is an increase of 225% compared to the previous 30 days.
MarketBeat Follows
17 people have added AeroVironment to their MarketBeat watchlist in the last 30 days. This is an increase of 467% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AeroVironment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,566.00 in company stock.
Percentage Held by Insiders
Only 1.40% of the stock of AeroVironment is held by insiders.
Percentage Held by Institutions
86.58% of the stock of AeroVironment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for AeroVironment are expected to grow by 14.64% in the coming year, from $2.80 to $3.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AeroVironment is -19.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AeroVironment is -19.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
AeroVironment has a P/B Ratio of 5.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AeroVironment (NASDAQ:AVAV) Stock

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. The company supplies UAS, TMS, unmanned ground vehicle, and related services primarily to organizations within the U.S. Department of Defense, other federal agencies, and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to unmanned aircraft systems. In addition, the company offers small UAS products, including training, spare parts, product repair, product replacement, and the customer contracted operation. Further, it develops high-altitude pseudo-satellite UAS systems. AeroVironment, Inc. was incorporated in 1971 and is headquartered in Arlington, Virginia.

AVAV Price History

30 days | 90 days | 365 days | Advanced Chart

AVAV Stock News Headlines

September 21, 2023 | marketbeat.com

5 Reasons Why Amprius is About to Take Flight (AVAV)

Amprius Technologies silicon anode batteries are in high demand by aviation manufacturers looking to electrify their products.

September 19, 2023 | marketbeat.com

Drones Can Lift AeroVironment Shares To New Heights

Leading global unmanned aircraft systems (UAS) designer and manufacturer AeroVironment Inc. is riding the AI wave with its line of intelligent drones

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.

October 1, 2023 | americanbankingnews.com

AeroVironment, Inc. (NASDAQ:AVAV) Given Consensus Recommendation of "Buy" by Brokerages

September 29, 2023 | markets.businessinsider.com

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in AeroVironment, Inc. with Losses of $100,000 to Contact the Firm

September 23, 2023 | businesswire.com

ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Encourages AeroVironment, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AVAV

September 22, 2023 | markets.businessinsider.com

AeroVironment Ongoing Deadline Alert

September 20, 2023 | benzinga.com

AeroVironment, Inc. to Present at the William Blair What's Next for Industrials Conference

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

September 20, 2023 | benzinga.com

AVAV Investors Have Opportunity to Lead AeroVironment, Inc. Securities Fraud Lawsuit

September 19, 2023 | benzinga.com

DEADLINE ALERT for AVAV, SIMO, DFS, PATH: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

September 15, 2023 | stockhouse.com

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in AeroVironment, Inc. with Losses of $100,000 to Contact the Firm

September 15, 2023 | finance.yahoo.com

AeroVironment, Inc. (NASDAQ:AVAV) is a favorite amongst institutional investors who own 85%

September 14, 2023 | stockhouse.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in AeroVironment, Inc. with Losses of $100,000 to Contact the Firm

September 14, 2023 | technews.tmcnet.com

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against AeroVironment, Inc. (AVAV)

September 13, 2023 | finance.yahoo.com

Insider Sell: VP, Chief Accounting Officer Brian Shackley Sells 475 Shares of AeroVironment Inc

September 12, 2023 | benzinga.com

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of AeroVironment, Inc. (AVAV) Investors

September 11, 2023 | benzinga.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies AeroVironment, Inc. (AVAV) Investors of a Class Action Lawsuit and Upcoming Deadline

September 11, 2023 | theglobeandmail.com

ROSEN, A LEADING LAW FIRM, Encourages AeroVironment, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - AVAV

September 9, 2023 | benzinga.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of AeroVironment, Inc. (AVAV) Investors

September 8, 2023 | benzinga.com

ROSEN, A TOP RANKED LAW FIRM, Encourages AeroVironment, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AVAV

September 8, 2023 | benzinga.com

AeroVironment, Inc. Class Action Alert: Robbins LLP Reminds Shareholders of Lead Plaintiff Deadline in AeroVironment, Inc. (AVAV) Class Action

September 8, 2023 | uk.news.yahoo.com

AeroVironment (AVAV) Q1 Earnings Beat Estimates, Sales Rise Y/Y

September 7, 2023 | benzinga.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of AeroVironment, Inc. (AVAV) on Behalf of Investors

September 7, 2023 | msn.com

Alembic Global Downgrades AeroVironment (AVAV)

September 7, 2023 | markets.businessinsider.com

Expert Ratings for AeroVironment

September 7, 2023 | msn.com

War is a ‘Good’ Business as AeroVironment (AVAV) Confirms

See More Headlines

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AVAV Company Calendar

Last Earnings: 9/05/2023
Today: 10/02/2023
Next Earnings (Estimated): 12/05/2023
Fiscal Year End: 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Aircraft
Sub-Industry: Aerospace & Defense
Sector: Aerospace
Current Symbol: NASDAQ:AVAV
CUSIP: 00807310
CIK: 1368622
Web: www.avinc.com
Phone: (805) 520-8350
Fax: 626-359-9628
Employees: 1,279
Year Founded: 1971

Price Target and Rating

Average Stock Price Forecast: $120.50
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $115.00
Forecasted Upside/Downside: +8.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.77)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 39.83
P/E Growth: N/A
Net Income: $-176,210,000.00
Net Margins: -24.97%
Pretax Margin: -27.36%
Return on Equity: 10.16%
Return on Assets: 6.90%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 4.49
Quick Ratio: 2.86

Sales & Book Value

Annual Sales: $540.54 million
Price / Sales: 5.42
Cash Flow: $11.43 per share
Price / Cash Flow: 9.76
Book Value: $21.85 per share
Price / Book: 5.10

Miscellaneous

Outstanding Shares: 26,290,000
Free Float: 25,922,000
Market Cap: $2.93 billion
Optionable: Optionable
Beta: 0.58

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Key Executives

Mr. Wahid Nawabi (Age 54)
Chairman, Pres & CEO
Comp: $1.75M

Mr. Kevin Patrick McDonnell (Age 61)
Sr. VP & CFO
Comp: $873.49k

Ms. Melissa Ann Brown J.D. (Age 46)
Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
Comp: $765.02k

Mr. Brian Charles Shackley (Age 46)
VP, Controller & Chief Accounting Officer

Scott Newbern
VP & Chief Technology Officer

Ms. Regine Lawton
VP & Chief Information Officer

Jonah Teeter-Balin
Sr. Director of Corp. Devel. & Investor Relations

Mr. Trace E. Stevenson (Age 49)
Sr. VP & GM of Unmanned Systems

Mr. Jeff E. Rodrian (Age 46)
Sr. VP of MacCready Works & GM of Advanced Systems Group

Mr. Brett P. Hush (Age 62)
Sr. VP & GM of Loitering Munition Systems

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AVAV Stock - Frequently Asked Questions

Should I buy or sell AeroVironment stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AeroVironment in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AVAV shares.
View AVAV analyst ratings or view top-rated stocks.
What is AeroVironment's stock price forecast for 2023?: 7 equities research analysts have issued 1 year price objectives for AeroVironment's stock. Their AVAV share price forecasts range from $115.00 to $130.00. On average, they predict the company's share price to reach $120.50 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for AVAV or view top-rated stocks among Wall Street analysts.
How have AVAV shares performed in 2023?: AeroVironment's stock was trading at $85.66 on January 1st, 2023. Since then, AVAV shares have increased by 30.2% and is now trading at $111.53.
View the best growth stocks for 2023 here.
Are investors shorting AeroVironment?: AeroVironment saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 699,600 shares, an increase of 7.8% from the August 31st total of 649,200 shares. Based on an average daily volume of 222,000 shares, the short-interest ratio is presently 3.2 days.
View AeroVironment's Short Interest.
When is AeroVironment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our AVAV earnings forecast.
How were AeroVironment's earnings last quarter?: AeroVironment, Inc. (NASDAQ:AVAV) announced its quarterly earnings results on Tuesday, September, 5th. The aerospace company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.74. The aerospace company had revenue of $152.35 million for the quarter, compared to analysts' expectations of $128.50 million. AeroVironment had a negative net margin of 24.97% and a positive trailing twelve-month return on equity of 10.16%. The firm's revenue for the quarter was up 40.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.10) earnings per share.
What ETFs hold AeroVironment's stock?: ETFs with the largest weight of AeroVironment (NASDAQ:AVAV) stock in their portfolio include ARK Space Exploration & Innovation ETF (ARKX), AdvisorShares Drone Technology ETF (UAV), ARK Autonomous Technology & Robotics ETF (ARKQ), SPDR S&P Aerospace & Defense ETF (XAR), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), SPDR Kensho Future Security ETF (FITE), Invesco S&P SmallCap Industrials ETF (PSCI) and Blue Horizon BNE ETF (BNE).
What guidance has AeroVironment issued on next quarter's earnings?: AeroVironment issued an update on its FY 2024 earnings guidance on Tuesday, September, 5th. The company provided EPS guidance of $2.30-$2.60 for the period, compared to the consensus estimate of $2.60. The company issued revenue guidance of $645.00 million-$675.00 million, compared to the consensus revenue estimate of $655.88 million.

What is Wahid Nawabi's approval rating as AeroVironment's CEO?: 81 employees have rated AeroVironment Chief Executive Officer Wahid Nawabi on Glassdoor.com. Wahid Nawabi has an approval rating of 82% among the company's employees. 76.0% of employees surveyed would recommend working at AeroVironment to a friend.
What other stocks do shareholders of AeroVironment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AeroVironment investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), PayPal (PYPL), Broadcom (AVGO) and Netflix (NFLX).
What is AeroVironment's stock symbol?: AeroVironment trades on the NASDAQ under the ticker symbol "AVAV."
How do I buy shares of AeroVironment?: Shares of AVAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AeroVironment's stock price today?: One share of AVAV stock can currently be purchased for approximately $111.53.
How much money does AeroVironment make?: AeroVironment (NASDAQ:AVAV) has a market capitalization of $2.93 billion and generates $540.54 million in revenue each year. The aerospace company earns $-176,210,000.00 in net income (profit) each year or ($5.77) on an earnings per share basis.
How many employees does AeroVironment have?: The company employs 1,279 workers across the globe.
Does AeroVironment have any subsidiaries?: The following companies are subsidiares of AeroVironment: ARCTURUS UAV, AeroVironment Inc, Altoy Savunma Sanayi ve Havacilik, Arcturus UAV Inc., PROGENY SYSTEMS CORPORATION’S INTELLIGENT SYSTEMS GROUP, Pulse Aerospace, and Telerob.
Read More
How can I contact AeroVironment?: AeroVironment's mailing address is 900 INNOVATORS WAY, SIMI VALLEY CA, 93065. The official website for the company is www.avinc.com. The aerospace company can be reached via phone at (805) 520-8350, via email at ir@avinc.com, or via fax at 626-359-9628.

This page (NASDAQ:AVAV) was last updated on 10/2/2023 by MarketBeat.com Staff

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