AEVEX Corp. (NYSE:AVEX – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $18.00, but opened at $19.41. AEVEX shares last traded at $18.67, with a volume of 359,157 shares trading hands.
AEVEX News Roundup
Here are the key news stories impacting AEVEX this week:
- Positive Sentiment: AEVEX’s second-quarter results showed strong momentum: revenue nearly doubled year over year to approximately $201.8 million, net income reached $6.7 million, and adjusted EBITDA rose to $28.1 million. The company also raised guidance and announced a proposed acquisition valued at up to $650 million, reinforcing its growth strategy. AEVEX growth and acquisition article
- Positive Sentiment: Management will present at the Jefferies Global Industrials Conference on September 9. The event could give investors additional details on demand, guidance, integration plans and the proposed acquisition. AEVEX Jefferies conference announcement
- Neutral Sentiment: Jim Cramer questioned why the defense-drone stock had experienced a sharp sell-off, noting that AEVEX operates in a high-interest segment of the defense industry. His comments highlight ongoing volatility but do not represent a change in company fundamentals. Jim Cramer commentary on AEVEX
- Negative Sentiment: Several law firms announced investigations or solicited investors for a securities class action covering shares purchased around AEVEX’s April 2026 IPO through June 4. The allegations center on claims that IPO documents failed to disclose a pre-arranged plan involving the 180-day lock-up period. The lead-plaintiff deadline is October 20, 2026. These announcements increase legal and reputational uncertainty and may be contributing to continued selling pressure. AEVEX shareholder class-action notice
Analyst Ratings Changes
A number of analysts recently issued reports on AVEX shares. Needham & Company LLC reissued a “buy” rating and set a $45.00 target price on shares of AEVEX in a research note on Thursday, August 13th. William Blair assumed coverage on shares of AEVEX in a report on Tuesday, May 12th. They set an “outperform” rating on the stock. Raymond James Financial assumed coverage on shares of AEVEX in a research note on Tuesday, May 12th. They issued an “outperform” rating and a $35.00 target price for the company. Royal Bank Of Canada started coverage on AEVEX in a report on Tuesday, May 12th. They set an “outperform” rating and a $31.00 target price for the company. Finally, Zacks Research upgraded AEVEX to a “hold” rating in a report on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $35.62.
AEVEX Price Performance
The company’s 50 day simple moving average is $17.93. The stock has a market capitalization of $2.09 billion and a price-to-earnings ratio of 57.22. 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 issued its earnings results on Wednesday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.05). The firm had revenue of $201.79 million for the quarter, compared to the consensus estimate of $155.15 million. The company’s revenue was up 99.5% compared to the same quarter last year. Analysts anticipate that AEVEX Corp. will post 0.44 EPS for the current fiscal year.
Insider Buying and Selling at AEVEX
In related news, major shareholder Madison Dearborn Partners Llc sold 2,273,843 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $25.99, for a total value of $59,097,179.57. Following the sale, the insider owned 22,861,457 shares in the company, valued at approximately $594,169,267.43. This represents a 9.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hedge Funds Weigh In On AEVEX
Several large investors have recently modified their holdings of the stock. Alyeska Investment Group L.P. acquired a new stake in shares of AEVEX during the 2nd quarter worth about $19,903,000. Concurrent Investment Advisors LLC bought a new stake in shares of AEVEX during the second quarter worth approximately $2,381,000. Readystate Asset Management LP acquired a new position in shares of AEVEX in the second quarter valued at approximately $1,044,000. California State Teachers Retirement System bought a new position in shares of AEVEX during the second quarter worth approximately $109,000. Finally, HighTower Advisors LLC bought a new position in shares of AEVEX during the second quarter worth approximately $269,000.
AEVEX Company Profile
AEVEX Corp. is a holding company which designs, manufactures and provides autonomous systems and navigation technologies. The company’s operating segment includes tactical systems and global solutions. AEVEX Corp. is based in Solana Beach, California.
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