AeroVironment (NASDAQ:AVAV) Issues FY 2027 Earnings Guidance

AeroVironment (NASDAQ:AVAV) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 3.020-3.340 for the period, compared to the consensus estimate of 3.950. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

AeroVironment Stock Performance

AVAV stock traded up $1.05 during midday trading on Monday, reaching $139.00. 2,692,885 shares of the company were exchanged, compared to its average volume of 1,587,358. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of -32.03, a price-to-earnings-growth ratio of 1.89 and a beta of 1.35. The business has a 50-day moving average price of $177.91 and a two-hundred day moving average price of $226.20. AeroVironment has a one year low of $135.20 and a one year high of $417.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.51 and a quick ratio of 4.54.

AeroVironment (NASDAQ:AVAV) last posted its earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.37. AeroVironment had a negative net margin of 13.93% and a positive return on equity of 3.28%. The company had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities research analysts forecast that AeroVironment will post 2.94 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Royal Bank Of Canada decreased their target price on AeroVironment from $325.00 to $250.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 11th. KeyCorp reduced their price target on AeroVironment from $295.00 to $220.00 and set an “overweight” rating for the company in a research note on Friday. Robert W. Baird decreased their price objective on AeroVironment from $260.00 to $235.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Raymond James Financial upgraded AeroVironment from an “underperform” rating to a “market perform” rating in a research report on Monday, March 23rd. Finally, UBS Group dropped their target price on AeroVironment from $259.00 to $236.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, AeroVironment currently has an average rating of “Moderate Buy” and a consensus target price of $305.33.

Insider Activity

In related news, Director Stephen F. Page sold 250 shares of AeroVironment stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $174.41, for a total value of $43,602.50. Following the transaction, the director directly owned 49,001 shares of the company’s stock, valued at $8,546,264.41. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 750 shares of company stock worth $133,502. Company insiders own 0.81% of the company’s stock.

Trending Headlines about AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment reported quarterly EPS of $1.84, topping the $1.47 consensus estimate by a wide margin, which signals better-than-expected profitability. Article Title
• Positive Sentiment: Revenue came in at $641.62 million versus expectations of $555.97 million, suggesting demand remained stronger than analysts anticipated. Article Title
• Neutral Sentiment: Investor attention has been focused on AeroVironment’s record backlog and the broader long-term drone growth story, which could help offset recent skepticism around the stock. Article Title
• Negative Sentiment: The company is facing multiple class-action lawsuit notices and lead-plaintiff deadline reminders, which adds legal overhang and may weigh on sentiment. Article Title

Institutional Trading of AeroVironment

Several institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP boosted its stake in AeroVironment by 4,770.1% in the fourth quarter. Marshall Wace LLP now owns 260,207 shares of the aerospace company’s stock valued at $62,941,000 after buying an additional 254,864 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of AeroVironment by 3,880.9% in the third quarter. Franklin Resources Inc. now owns 206,607 shares of the aerospace company’s stock worth $65,058,000 after acquiring an additional 201,417 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of AeroVironment by 2,668.1% in the third quarter. Bank of America Corp DE now owns 148,927 shares of the aerospace company’s stock worth $46,896,000 after acquiring an additional 154,726 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of AeroVironment in the 4th quarter valued at approximately $27,299,000. Finally, Northern Trust Corp boosted its stake in shares of AeroVironment by 30.7% in the 3rd quarter. Northern Trust Corp now owns 380,899 shares of the aerospace company’s stock valued at $119,941,000 after purchasing an additional 89,503 shares in the last quarter. 86.38% of the stock is currently owned by institutional investors.

AeroVironment Company Profile

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.