AeroVironment (NASDAQ:AVAV) Posts Quarterly Earnings Results, Beats Estimates By $0.20 EPS

AeroVironment (NASDAQ:AVAVGet Free Report) announced its quarterly earnings data on Tuesday. The aerospace company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20, Zacks reports. AeroVironment had a return on equity of 10.77% and a net margin of 5.32%. The company had revenue of $275.05 million for the quarter, compared to the consensus estimate of $242.69 million. During the same period in the previous year, the business earned $0.43 EPS. The firm’s revenue was up 39.6% compared to the same quarter last year. AeroVironment updated its FY 2026 guidance to 2.800-3.000 EPS.

AeroVironment Stock Performance

AVAV opened at $234.94 on Thursday. AeroVironment has a 1-year low of $102.25 and a 1-year high of $250.00. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 151.58 and a beta of 0.81. The company’s fifty day moving average price is $172.05 and its two-hundred day moving average price is $158.51. The company has a current ratio of 4.22, a quick ratio of 3.07 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

AVAV has been the subject of a number of research analyst reports. William Blair reiterated an “outperform” rating on shares of AeroVironment in a report on Wednesday, March 5th. Stifel Nicolaus assumed coverage on shares of AeroVironment in a research note on Tuesday. They issued a “buy” rating and a $240.00 price objective for the company. Jefferies Financial Group cut their target price on shares of AeroVironment from $230.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. BTIG Research reaffirmed a “buy” rating on shares of AeroVironment in a research note on Tuesday. Finally, Robert W. Baird upped their price objective on shares of AeroVironment from $146.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, June 6th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $216.57.

Read Our Latest Research Report on AeroVironment

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AeroVironment stock. United Services Automobile Association purchased a new stake in AeroVironment, Inc. (NASDAQ:AVAVFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,860 shares of the aerospace company’s stock, valued at approximately $225,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

AeroVironment Company Profile

(Get Free Report)

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.

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Earnings History for AeroVironment (NASDAQ:AVAV)

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