AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. It operates in two segments, Unmanned Aircraft Systems (UAS) and Medium Unmanned Aircraft Systems (MUAS). The company supplies UAS, tactical missile systems, and related services primarily to organizations within the U.S. Department of Defense and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to ISR services. In addition, the company offers small UAS products, including spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support, as well as multiple aircraft, hand-held ground control system, and spare parts and accessories. Further, it develops high-altitude pseudo-satellite UAS systems. The company was incorporated in 1971 and is headquartered in Arlington, Virginia.
IPO Year: 2007
Exchange: NASDAQ
Website: avinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/20/2024 | $240.00 → $230.00 | Hold → Buy | Jefferies |
11/12/2024 | $240.00 | Buy → Hold | Jefferies |
9/16/2024 | Outperform → Mkt Perform | Raymond James | |
8/28/2024 | $161.00 → $220.00 | Neutral → Outperform | Robert W. Baird |
8/28/2024 | $216.00 | Neutral → Overweight | Alembic Global Advisors |
6/26/2024 | $255.00 | Buy | BTIG Research |
3/8/2024 | $161.00 | Outperform → Neutral | Robert W. Baird |
10/9/2023 | $130.00 → $125.00 | Strong Buy → Outperform | Raymond James |
9/7/2023 | $115.00 | Overweight → Neutral | Alembic Global Advisors |
9/6/2023 | $95.00 → $128.00 | Neutral → Outperform | Robert W. Baird |
425 - AeroVironment Inc (0001368622) (Subject)
425 - AeroVironment Inc (0001368622) (Subject)
425 - AeroVironment Inc (0001368622) (Subject)
8-K - AeroVironment Inc (0001368622) (Filer)
SCHEDULE 13G - AeroVironment Inc (0001368622) (Subject)
8-K - AeroVironment Inc (0001368622) (Filer)
8-K - AeroVironment Inc (0001368622) (Filer)
8-K - AeroVironment Inc (0001368622) (Filer)
8-K - AeroVironment Inc (0001368622) (Filer)
8-K - AeroVironment Inc (0001368622) (Filer)
Jefferies upgraded AeroVironment from Hold to Buy and set a new price target of $230.00 from $240.00 previously
Jefferies downgraded AeroVironment from Buy to Hold and set a new price target of $240.00
Raymond James downgraded AeroVironment from Outperform to Mkt Perform
Robert W. Baird upgraded AeroVironment from Neutral to Outperform and set a new price target of $220.00 from $161.00 previously
Alembic Global Advisors upgraded AeroVironment from Neutral to Overweight and set a new price target of $216.00
BTIG Research initiated coverage of AeroVironment with a rating of Buy and set a new price target of $255.00
Robert W. Baird downgraded AeroVironment from Outperform to Neutral and set a new price target of $161.00
Raymond James downgraded AeroVironment from Strong Buy to Outperform and set a new price target of $125.00 from $130.00 previously
Alembic Global Advisors downgraded AeroVironment from Overweight to Neutral and set a new price target of $115.00
Robert W. Baird upgraded AeroVironment from Neutral to Outperform and set a new price target of $128.00 from $95.00 previously
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
4 - AeroVironment Inc (0001368622) (Issuer)
René Carbone Bardorf has joined AeroVironment (AV) as Vice President of Marketing and Communications. In line with the company's continuous growth trajectory, Bardorf joins to lead AV's global strategic marketing and oversee all facets of corporate communications strategy and execution. She will be based at AV's corporate headquarters in Arlington, Virginia, under the leadership of Senior Vice President for Government Relations and Communications, Church Hutton. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723588581/en/René Carbone Bardorf has joined AeroVironment as Vice President of Marketing and Communications. (Photo: B
AeroVironment, Inc. (NASDAQ:AVAV) today announced Paul "Church" Hutton has joined as Vice President, Government Relations. Reporting to CEO Wahid Nawabi, Mr. Hutton will strengthen the company's strategic engagement with the Department of Defense (DoD) and Congress. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211497365/en/(Photo: Business Wire) "As a highly accomplished and respected government affairs leader with decades of experience in national security, Church is ideally suited to develop and implement our government relations strategy," said Wahid Nawabi, AeroVironment's chairman, president, and chief executive office
AeroVironment, Inc. (NASDAQ:AVAV) today announced that General Joseph L. Votel recently joined its Board of Directors, following his appointment as a Class III director at a meeting of AeroVironment's Board on November 29. The addition of General Votel brings the Board's current composition to eight individuals, seven of whom (including Votel) are independent. "As a highly accomplished and respected military commander with responsibilities leading special operations and coalition forces in the Middle East and Asia, General Votel adds vital perspectives to our Board at this critical inflection point in our company's history," said Wahid Nawabi, AeroVironment's chairman, president, and chie
AeroVironment has completed its acquisition of Tomahawk Robotics, a leader in AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock. "Now that the acquisition is finalized, we're able to further integrate both companies' technologies and accelerate our implementation of AI and autonomy into AeroVironment's platforms, enabling us to offer the best solutions for our customers' operational needs," said Wahid Nawabi, AeroVironment's Chairman, President and CEO. Tomahawk Robotics' flagship AI-enabled control system, K
Accomplished CEO brings extensive experience in growth-oriented Aerospace & Defense businesses Arnold Fishman to retire at end of current term AeroVironment, Inc. (NASDAQ:AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that Cindy Lewis has been appointed to its board of directors effective August 10, 2021. Lewis brings to AeroVironment more than 30 years' experience in delivering high reliability products and technical solutions to the Aerospace and Defense industry. Since 1998, she has served as the chief executive officer of AirBorn Consolidated Holdings, Inc. where she led the transition of the company from a small connector shop to a middle mark
Enables AeroVironment's Entry into Key Segments and Strengthens Multi-Domain Capabilities All-Stock Transaction Will Significantly Enhance Growth and Diversification Companies to Host Conference Call Today at 8:00 A.M. ET AeroVironment, Inc. (NASDAQ:AVAV) ("AV" or the "Company") and BlueHalo LLC ("BlueHalo") today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will bring together complementary capabilities to offer a comprehensive portfolio of high-growth franchises
AeroVironment, Inc. (NASDAQ:AVAV) will report its financial results for the second quarter of fiscal year 2025, which ended October 26, 2024, after the market closes on Wednesday, December 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AeroVironment's chairman, president, and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, vice president of corporate development and investor relations. Investors may access the conference call by registering through the following link up to 10 minutes before t
AeroVironment (AV) announces a powerful suite of software updates, called Project GOLD, that elevate the battlefield effectiveness of its Puma™ 3 AE and Puma™ LE, in contested environments. The new updates bolster the Puma uncrewed aircraft systems (UAS) to maintain reliable navigation and mission performance even when GNSS and communications signals are unreliable, unavailable or deliberately jammed. The software-only upgrades ensure Puma UAS can continue mission-critical tasks autonomously and securely, reducing reliance on GPS and enhancing survivability in hostile areas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241
AeroVironment (AV) successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20's advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, autonomously launching and landing on a moving vessel in rough seas, with conditions reaching sea state level 5 and winds over 20 kts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015130500/en/JUMP 20 UAS finishing a maritime mission aboard a NAT
AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced today that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2024101
AeroVironment (AV) has introduced the P550™ advanced autonomous Group 2 eVTOL uncrewed aircraft system (UAS) designed to set a new standard for battlefield adaptability and operational readiness. Leveraging a Modular Open Systems Approach (MOSA) and AI-driven autonomy, P550 is engineered to empower maneuver forces to quickly respond to evolving mission demands with rapid deployment, scalability, and superior situational awareness. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241014970187/en/P550 autonomous eVTOL UAS transitions seamlessly from vertical launch to forward flight, carrying a multi-sensor payload. (Photo: AeroViron
AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, hosted the inaugural Defense Robotics Developers Conference (DEVCON) in Orlando, Florida. The premier event brought together key stakeholders in defense robotics to explore the latest innovations in uncrewed systems and promote collaborative advancements in technology and operational solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241007950326/en/Inaugural Defense Robotics Developer Conference (DEVCON 24). (Photo: AeroVironment) Brad Truesdell, AV's senior vice president of global sales, business development, & inside sales operations, out
AeroVironment (AV) flight-tested an upgraded Sunglider™, enhancing its High-Altitude Platform-Station (HAPS) capabilities for commercial and government markets. The result is Horus™ A, the new version of Sunglider for government applications. Horus A is a solar-powered UAS capable of carrying up to 150 lb of payload with 1.5 kW of available power, offering industry-leading stratospheric performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001672705/en/Horus A is a solar fixed-wing designed to offer industry-leading payload capability in the stratosphere. (Photo: AeroVironment) Horus A features enhancements in all areas
AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal first quarter ended July 27, 2024. First Quarter Highlights: Record first quarter revenue of $189.5 million up 24% year-over-year First quarter net income of $21.2 million and adjusted EBITDA of $37.2 million In August 2024 awarded U.S. Army Lethal Unmanned Systems Indefinite Delivery, Indefinite Quantity ("IDIQ") with a record contract ceiling value of $990 million and initial funding of $128 million "AeroVironment has once again delivered excellent results, including record first-quarter revenue that's 24% higher than the same period last fiscal year," said Wahid Nawabi, Ae
AV selected to deliver Switchblade systems for the U.S. Army's lethal unmanned systems requirement AeroVironment (AV) has been awarded a contract for the U.S. Army's Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The 5-year contract from Army Contracting Command-Aberdeen Proving Ground is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M. Deliveries of the Switchblade® systems are expected to begin in months. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240828490861/en/The U.S. Army has awarded AeroVironment a contract for its Lethal Unmanned Systems Directed Requirement (Ph
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
SC 13G/A - AeroVironment Inc (0001368622) (Subject)
Enables AeroVironment's Entry into Key Segments and Strengthens Multi-Domain Capabilities All-Stock Transaction Will Significantly Enhance Growth and Diversification Companies to Host Conference Call Today at 8:00 A.M. ET AeroVironment, Inc. (NASDAQ:AVAV) ("AV" or the "Company") and BlueHalo LLC ("BlueHalo") today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will bring together complementary capabilities to offer a comprehensive portfolio of high-growth franchises
AeroVironment, Inc. (NASDAQ:AVAV) will report its financial results for the second quarter of fiscal year 2025, which ended October 26, 2024, after the market closes on Wednesday, December 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AeroVironment's chairman, president, and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, vice president of corporate development and investor relations. Investors may access the conference call by registering through the following link up to 10 minutes before t
AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal first quarter ended July 27, 2024. First Quarter Highlights: Record first quarter revenue of $189.5 million up 24% year-over-year First quarter net income of $21.2 million and adjusted EBITDA of $37.2 million In August 2024 awarded U.S. Army Lethal Unmanned Systems Indefinite Delivery, Indefinite Quantity ("IDIQ") with a record contract ceiling value of $990 million and initial funding of $128 million "AeroVironment has once again delivered excellent results, including record first-quarter revenue that's 24% higher than the same period last fiscal year," said Wahid Nawabi, Ae
AeroVironment, Inc. (NASDAQ:AVAV) will report its financial results for the first quarter of fiscal year 2025, which ended July 27, 2024, after the market closes on Wednesday, September 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AeroVironment's chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, vice president of corporate development and investor relations. Investors may access the conference call by registering through the following link up to 10 minutes before the e
AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal fourth quarter and year ended April 30, 2024. Fourth Quarter and Fiscal Year Highlights: Record fourth quarter revenue of $197.0 million and fiscal year revenue of $716.7 million, up 6% and 33%, year-over-year, respectively Fourth quarter net income of $6.0 million and adjusted EBITDA of $22.2 million and fiscal year net income of $60.0 million and adjusted EBITDA of $127.8 million Company on track for nearly 12% top line growth in fiscal year 2025 with expected revenue of between $790 million and $820 million "AeroVironment has yet again delivered exceptional results this pa
AeroVironment, Inc. (NASDAQ:AVAV) will issue financial results for the company's fourth quarter and full fiscal year ended April 30, 2024, after the market closes on Wednesday, June 26, 2024. Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time. Hosting the call to review results for the fourth quarter will be Wahid Nawabi, AeroVironment's chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, senior director of corporate development and investor relations. Investors may access the conference call by registering via the participant registrati
AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal third quarter ended January 27, 2024. Third Quarter Highlights: Record third quarter revenue of $186.6 million, up 39% year-over-year Third quarter net income of $13.9 million and adjusted EBITDA of $28.8 million, increases of $14.6 million and $5.1 million, year-over-year, respectively Funded backlog of $462.8 million as of January 27, 2024 "Once again, AeroVironment has delivered outstanding results, including a record for third quarter revenue that's nearly 40% above the same period last fiscal year," said Wahid Nawabi, AeroVironment chairman, president and chief executive
AeroVironment, Inc. (NASDAQ:AVAV) will issue financial results for the company's third quarter ended January 27 after the market closes on Monday, March 4. Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time. Hosting the call to review results for the third quarter will be Wahid Nawabi, AeroVironment's chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, senior director of corporate development and investor relations. Investors may access the conference call by registering via the participant registration link below up to 10 minutes prior
AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal second quarter ended October 28, 2023. Second Quarter Highlights: Second quarter revenue of $180.8 million, up 62% year-over-year Second quarter net income of $17.8 million and Adjusted EBITDA of $39.5 million, increases of 366% and 481%, year-over-year, respectively Funded backlog of $487.0 million as of October 28, 2023 Increasing fiscal year 2024 revenue guidance to between $685 million and $705 million, including the recently completed acquisition of Tomahawk Robotics "Our results exceeded expectations, underscored by the highest second quarter revenue in company histo
AeroVironment, Inc. (NASDAQ:AVAV) will issue financial results for the company's second quarter ended October 28 after the market closes on Tuesday, December 5. Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time. Hosting the call to review results for the second quarter will be Wahid Nawabi, AeroVironment's chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, senior director corporate development and investor relations. Investors may access the conference call by registering via the participant registration link below up to 10 minutes pri
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Jumia Technologies AG (NYSE:JMIA) is not making a lot of money. The company will release results for the second quarter before the opening bell on Tuesday, Aug. 6. Benchmark analyst Fawne Jiang initiated coverage of Jumia’s stock on July 9 with a Buy rating and a $14 price target. The African e-commerce company is poised to benefit from multi-year and potentially multi-decade e-commerce growth in the region. See Also: Jim Cramer Recommended This Bank A Month Before It Collapsed, An Example Of ‘His Reverse Midas Touch’ When asked about Adeia Inc. (NASDAQ:ADEA), he said, “I would actually put Trade, TTD, which was down very bad
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Constellation Energy Corporation (NASDAQ:CEG) is “under heavy pressure. There's a big rotation going on, and the rotation hasn't lasted long enough. I think it's going to go for a couple more days.” The company is reportedly in talks with Pennsylvania officials to fund a potential restart of part of its Three Mile Island power facility, the site of a 1970s nuclear meltdown. “There are people in the Pentagon who think that maybe they're charging too much money. Now, they are few and far between, and I think that this is the best bang for your buck, so to speak. But I can tell you that that's the weakness, ” Cramer said when asked ab
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. AeroVironment, Inc. (NASDAQ:AVAV) On June 26, AeroVironment reported its fourth-quarter financial results and issued guidan
On Wednesday, Cathie Wood-led Ark Invest made a notable move by offloading a significant number of shares in Tesla Inc (NASDAQ:TSLA), despite the recent rally driven by the company’s impressive second-quarter delivery numbers. The Tesla Trade Ark Invest reduced its stake in Tesla across its ARK Innovation ETF (NYSE:ARKK), selling 13,213 shares. This transaction came as a surprise, given that Tesla’s shares had recently soared 10.20% on Tuesday, marking the best intraday session since late April. Notably, on Tuesday, Ark Invest sold Tesla shares worth $14.5 million. The boost was primarily driven by the Elon Musk-led company’s second-quarter performance. Tesla reported 443,956 delive
AeroVironment (NASDAQ:AVAV) has outperformed the market over the past 5 years by 11.49% on an annualized basis producing an average annual return of 24.42%. Currently, AeroVironment has a market capitalization of $4.84 billion. Buying $100 In AVAV: If an investor had bought $100 of AVAV stock 5 years ago, it would be worth $305.45 today based on a price of $172.00 for AVAV at the time of writing. AeroVironment's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content en
U.S. government approves foreign military sale of the Switchblade 300 in support of Taiwanese national securityThe U.S. Department of State announced approval of a possible foreign military sale of AeroVironment (AV) Switchblade® 300 loitering munition systems to Taiwan for an estimated $60.2 million. The proposed sale will bolster Taiwan's defensive capabilities and supports U.S. national security and economic interests in the Indo-Pacific region.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240702992307/en/ AV's combat-proven Switchblade 300 systems have been deployed by the U.S. Army for more than a decade and are currently pr
AeroVironment's (NYSE:AVAV) short percent of float has risen 3.24% since its last report. The company recently reported that it has 1.12 million shares sold short, which is 4.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.28 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
BTIG analyst Andre Madrid maintains AeroVironment (NASDAQ:AVAV) with a Buy and lowers the price target from $255 to $245.
RBC Capital analyst Ken Herbert reiterates AeroVironment (NASDAQ:AVAV) with a Outperform and maintains $200 price target.
AeroVironment (NASDAQ:AVAV) has outperformed the market over the past 10 years by 7.58% on an annualized basis producing an average annual return of 18.31%. Currently, AeroVironment has a market capitalization of $4.85 billion. Buying $100 In AVAV: If an investor had bought $100 of AVAV stock 10 years ago, it would be worth $519.03 today based on a price of $172.27 for AVAV at the time of writing. AeroVironment's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content