AEVEX Corp. (NYSE:AVEX – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as $10.84 and last traded at $10.84, with a volume of 488,864 shares. The stock had previously closed at $14.34.
More AEVEX News
Here are the key news stories impacting AEVEX this week:
- Positive Sentiment: AEVEX disputed reports that the Navy halted drone-boat orders, stating that no orders were stopped. The company said GARC operations are continuing and that the contract has been extended through 2027, helping support the stock after the sharp selloff. AEVEX Reaffirms Maritime Systems Strategy and Continued U.S. Navy Investment
- Positive Sentiment: Oppenheimer initiated coverage with an “outperform” rating and a $21 price target, implying substantial upside from recent trading levels. RBC also maintained its “outperform” rating and described the selloff as a potential buying opportunity despite GARC-related concerns. Aevex Selloff Presents Buying Opportunity Despite GARC Concerns, RBC Says
- Neutral Sentiment: AEVEX will report third-quarter 2026 results after the market closes on November 11 and hold an investor conference call afterward. The release could provide clarification on Navy contracts, GARC execution and the company’s outlook. AEVEX Announces Third Quarter 2026 Earnings Results
- Negative Sentiment: Reports of a possible Navy order suspension triggered a steep decline and pushed the stock to a fresh 52-week low before the company’s clarification. Piper Sandler downgraded its price target from $20 to $13 and assigned a neutral rating, while RBC reduced its target from $26 to $22. These actions indicate continued analyst caution despite the company’s denial. RBC Cuts Price Target on Aevex
Analyst Ratings Changes
Several research firms have commented on AVEX. Piper Sandler lowered their target price on shares of AEVEX from $20.00 to $13.00 and set a “neutral” rating for the company in a research note on Thursday. Needham & Company LLC reissued a “buy” rating and set a $45.00 price target on shares of AEVEX in a research note on Thursday, August 13th. Royal Bank Of Canada decreased their price objective on AEVEX from $26.00 to $22.00 and set an “outperform” rating on the stock in a report on Thursday. Weiss Ratings initiated coverage on AEVEX in a research report on Friday, August 14th. They issued a “sell (d)” rating for the company. Finally, Oppenheimer initiated coverage on AEVEX in a research report on Thursday. They set an “outperform” rating and a $21.00 target price on the stock. Eleven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $28.73.
Read Our Latest Stock Report on AVEX
AEVEX Trading Up 13.0%
The company has a market capitalization of $1.25 billion and a P/E ratio of 34.19. The company has a quick ratio of 5.50, a current ratio of 5.66 and a debt-to-equity ratio of 1.15. The company’s 50 day simple moving average is $16.10.
AEVEX (NYSE:AVEX – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.05). The company had revenue of $201.79 million during the quarter, compared to analysts’ expectations of $155.15 million. The business’s revenue was up 99.5% on a year-over-year basis. As a group, analysts predict that AEVEX Corp. will post 0.51 earnings per share for the current year.
Institutional Trading of AEVEX
A number of institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue purchased a new position in AEVEX in the third quarter valued at approximately $45,000. SBI Securities Co. Ltd. lifted its position in AEVEX by 157.2% during the third quarter. SBI Securities Co. Ltd. now owns 5,402 shares of the company’s stock valued at $82,000 after buying an additional 3,302 shares in the last quarter. HighTower Advisors LLC acquired a new position in AEVEX during the second quarter valued at approximately $269,000. WINTON GROUP Ltd purchased a new stake in AEVEX during the second quarter worth approximately $343,000. Finally, Readystate Asset Management LP purchased a new stake in AEVEX during the second quarter worth approximately $1,044,000.
AEVEX Company Profile
AEVEX Aerospace, Inc is a defense technology company that develops and delivers advanced systems and mission solutions for national security customers. Its work focuses on intelligence, surveillance and reconnaissance (ISR), special operations, unmanned systems, electronic warfare, and other complex aerospace and defense missions.
The company provides missionized aircraft and unmanned aerial systems, payloads, sensors, communications equipment, data and intelligence capabilities, and related engineering and integration services.
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