AeroVironment (NASDAQ:AVAV) Issues Quarterly Earnings Results

AeroVironment (NASDAQ:AVAV) released its quarterly earnings results on Monday. The aerospace company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37, FiscalAI reports. AeroVironment had a positive return on equity of 3.28% and a negative net margin of 13.93%.The company had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $555.97 million. During the same period last year, the business posted $1.61 earnings per share. The firm’s revenue was up 133.3% compared to the same quarter last year. AeroVironment updated its FY 2027 guidance to 3.020-3.340 EPS.

Here are the key takeaways from AeroVironment’s conference call:

• AV reported record Q4 and full-year FY2026 results, including $642 million in quarterly revenue, nearly $2 billion in annual revenue, $2.7 billion in bookings, and adjusted EBITDA of $286 million, all ahead of or above guidance.
• The company issued FY2027 guidance for revenue of $2.125 billion-$2.225 billion and adjusted EBITDA of $305 million-$325 million, implying continued growth despite timing uncertainty in government funding.
• Management highlighted a major portfolio expansion after the BlueHalo acquisition, with strength in counter-UAS, space technologies, cyber, and directed energy, while acknowledging some near-term disruption from the SCAR contract termination and government shutdown-related delays.
• Several programs won or advanced meaningful awards, including P550 for Army long-range reconnaissance, VAPOR CLE for medium-range reconnaissance, Switchblade 400 under LASSO, Red Dragon production contracts, and progress on Freedom Eagle-1 and LOCUST.
• Management disclosed an $89 million goodwill impairment tied to the SCAR program termination and said a related material weakness in internal controls was identified and is being remediated.

AeroVironment Price Performance

AVAV stock opened at $139.00 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.54 and a current ratio of 5.51. The stock’s 50 day moving average price is $176.65 and its 200 day moving average price is $225.20. The firm has a market cap of $6.94 billion, a P/E ratio of -32.03, a PEG ratio of 1.89 and a beta of 1.35. AeroVironment has a 1 year low of $135.20 and a 1 year high of $417.86.

Insider Activity

In related news, Director Stephen F. Page sold 250 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the sale, the director 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 750 shares of company stock valued at $133,502 in the last quarter. 0.81% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its stake in shares of AeroVironment by 17.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 504,270 shares of the aerospace company’s stock worth $143,692,000 after purchasing an additional 73,963 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of AeroVironment by 7.4% in the second quarter. Alliancebernstein L.P. now owns 477,055 shares of the aerospace company’s stock valued at $135,937,000 after buying an additional 32,721 shares during the last quarter. ARK Investment Management LLC raised its position in shares of AeroVironment by 8.2% in the fourth quarter. ARK Investment Management LLC now owns 433,129 shares of the aerospace company’s stock valued at $104,770,000 after buying an additional 32,672 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in shares of AeroVironment by 28.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 389,772 shares of the aerospace company’s stock valued at $94,282,000 after buying an additional 85,236 shares during the period. Finally, Northern Trust Corp boosted its position in AeroVironment by 30.7% during the third quarter. Northern Trust Corp now owns 380,899 shares of the aerospace company’s stock worth $119,941,000 after acquiring an additional 89,503 shares during the last quarter. 86.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AVAV has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AeroVironment in a report on Monday, June 8th. Wall Street Zen lowered AeroVironment from a “hold” rating to a “sell” rating in a research report on Saturday. KeyCorp decreased their price objective on AeroVironment from $295.00 to $220.00 and set an “overweight” rating on the stock in a report on Friday. Canaccord Genuity Group reduced their target price on AeroVironment from $330.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. Finally, Citizens Jmp reduced their price objective on AeroVironment from $400.00 to $350.00 and set a “market outperform” rating on the stock in a research note on Wednesday, March 11th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $305.33.

Key Headlines Impacting AeroVironment

Here are the key news stories impacting AeroVironment this week:

• Positive Sentiment: AeroVironment reported fiscal Q4 earnings of $1.84 per share on revenue of $641.6 million, easily topping Wall Street estimates and more than doubling revenue year over year, which is the main driver behind the stock’s jump. Article Title
• Positive Sentiment: Management highlighted record bookings, a $1.2 billion funded backlog, and strong defense demand, reinforcing confidence that growth can continue beyond the quarter. Article Title
• Positive Sentiment: The company also guided FY2027 revenue and EPS higher than the prior year, with investors focusing on production capacity expansion and BlueHalo-related growth as long-term catalysts. Article Title

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.