In the latest trading session, AeroVironment (AVAV - Free Report) closed at $150.35, marking a +1.01% move from the previous day. This change outpaced the S&P 500's 0.14% loss on the day. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, lost 0.57%.
The stock of maker of unmanned aircrafts has fallen by 0.16% in the past month, leading the Aerospace sector's loss of 5.8% and undershooting the S&P 500's gain of 0.25%.
Market participants will be closely following the financial results of AeroVironment in its upcoming release. The company's upcoming EPS is projected at $0.34, signifying a 6.25% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $474.57 million, up 4.38% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.26 per share and revenue of $2.17 billion, indicating changes of -1.51% and +9.78%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AeroVironment. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 19.7% lower. Right now, AeroVironment possesses a Zacks Rank of #3 (Hold).
Digging into valuation, AeroVironment currently has a Forward P/E ratio of 45.66. Its industry sports an average Forward P/E of 37.24, so one might conclude that AeroVironment is trading at a premium comparatively.
It's also important to note that AVAV currently trades at a PEG ratio of 5.06. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Aerospace - Defense Equipment stocks are, on average, holding a PEG ratio of 2.3 based on yesterday's closing prices.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. With its current Zacks Industry Rank of 86, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AVAV in the coming trading sessions, be sure to utilize Zacks.com.
Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a jeho růstu výnosů. Žaloba se týká nákupů akcií mezi 25. červnem 2025 a 10. březnem 2026.
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC (“BlueHalo”), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The BADGER would be a bespoke product designed for the United States (“U.S.”) Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as “aging and difficult to maintain.” The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and (iii) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.”
On this news, AeroVironment’s stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, “We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR.”
On this news, AeroVironment’s stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program.
On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
AeroVironment získal kontrakt americké armády za 117,3 milionu USD na 82 autonomních systémů P550. Akcie jsou letos níže o více než 40 % navzdory silné poptávce po dronech.
Modern infantry doctrine is undergoing a rapid, radical rewrite in front of investors. If investors watch how global conflicts are playing out today, they see a clear departure from heavy, slow-moving legacy armor. The physical economy of defense is heavily shifting toward agile, autonomous platforms. Militaries across the globe are realizing that expensive tanks and traditional ground vehicles are highly vulnerable to cheap, precision-guided munitions. This realization is forcing defense departments to rethink how they allocate their capital, prioritizing systems that provide asymmetric advantages on the battlefield.
For investors keeping a close eye on defense spending, this structural pivot opens a unique window. Defense budgets are actively shifting capital away from traditional heavy machinery and toward autonomous robotics and advanced loitering munitions. Investors are witnessing a generational recapitalization, where software and adaptable hardware are replacing heavy steel. Understanding this macroeconomic backdrop is critical because it dictates where government funding will flow for the next decade.
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52-Week Range$135.20▼
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The United States military is not ignoring this global shift. The Pentagon's Replicator initiative encapsulates this transformation, mandating the rapid deployment of thousands of attritable, uncrewed systems designed to swarm and overwhelm adversaries in contested environments. The mandate is clear, and the defense department is seeking commercial partners capable of delivering reliable technology at an unprecedented scale.
Right at the intersection of this capital rotation sits AeroVironment NASDAQ: AVAV, a defense pure-play specializing in tactical uncrewed aerial systems. While prime contractors build billion-dollar fighter jets, AeroVironment builds the tactical, autonomous tools that are actually deployed by the modern infantry battalion on a daily basis. The market has heavily discounted AeroVironment this year, but underlying fundamentals and recent contract wins suggest a severe mispricing. When a structural shift in the physical economy meets a heavily misunderstood asset, investor analysts pay attention.
Tactical Upgrades: The MOSA Moat and Recurring RevenueOn July 20, 2026, AeroVironment secured a definitive $117.3 million Basic Ordering Agreement under the U.S. Army's Long Range Reconnaissance program. This initial full-rate procurement order covers 82 P550 autonomous Group 2 eVTOL electric vertical take-off and landing systems.
While a nine-figure contract provides excellent revenue visibility, the real value lies in the technology the Army just validated. The P550 architecture relies heavily on a modular open systems approach, widely known as MOSA in the defense sector. In simple terms, MOSA allows military operators in the field to hot-swap payloads, batteries, and sensors in under five minutes without specialized tools. Imagine operating a platform that lets you switch from a reconnaissance camera to an electronic warfare jammer right in the middle of a tactical operation.
This level of adaptability creates a significant economic moat for AeroVironment. When the military adopts a MOSA-compliant system, it locks in a long-term relationship with the manufacturer. Upgrades happen via new payloads rather than entirely new airframes, ensuring high-margin, recurring revenue streams for AeroVironment over the lifecycle of the P550 fleet.
The financial data backs up this aggressive expansion. In fiscal Q4 2026, AeroVironment delivered an impressive 133.3% year-over-year revenue expansion, printing $642 million on the top line. More importantly, AeroVironment maintained a healthy 19% EBITDA margin during that high-growth phase. AeroVironment currently has a funded government backlog of $1.2 to $2.7 billion. The demand for these systems is not theoretical; it is already contracted and awaiting delivery.
Turbulence and Tailwinds: Accumulation in the Drop ZoneIf AeroVironment is growing revenue by triple digits and securing major Army contracts, investors might wonder why the stock is down over 40% year-to-date, trading near $142 after opening the year above $241.
AeroVironment, Inc. (AVAV) Price Chart for Tuesday, July, 21, 2026
The aggressive drawdown stems from a localized regulatory headwind. In early 2026, the U.S. Space Force reopened the $1.7 billion Satellite Communication Augmentation Resource program, commonly known as SCAR, creating uncertainty around AeroVironment’s expected sole-source position on the program. Predictably, this sparked analyst downgrades regarding the 2030 long-term financial targets and triggered a wave of procedural class-action lawsuits ahead of a July 27 lead plaintiff deadline.
Markets hate uncertainty, and algorithmic trading models aggressively sold the news. However, this legal and procedural noise masks the fundamental strength of the core tactical drone business. The loss of single-vendor status on one space program does not negate the overwhelming demand for AeroVironment's ground-based and aerial tactical systems.
Wall Street analysts are beginning to spot the discrepancy between the stock price and the underlying business fundamentals. On July 16, Raymond James upgraded AeroVironment from Market Perform to Outperform, setting a $210 price target. The firm cited the accelerating defense backlog and a highly favorable risk-to-reward profile following the severe year-to-date pricing compression.
Institutions are quietly using the current weakness to accumulate shares. Recent filings show total shares owned by institutional investors increased by nearly 30% over the last quarter. When asset managers increase their positions by that magnitude during a 40% drawdown, it signals quiet, calculated accumulation. Options chain data currently reveals a decisively bullish put-to-call ratio of 0.60, indicating that derivatives traders are heavily positioning for an upside reversal rather than further downside.
Positioning for the Tactical Tech BoomThe broader unmanned aerial systems sector features incredibly varied risk profiles. Pure-play competitors like Red Cat Holdings NASDAQ: RCAT trade on extreme top-line momentum, generating 849% year-over-year revenue growth, but they operate with deeply negative free cash flow and low gross margins.
Others, like Kratos Defense & Security Solutions NASDAQ: KTOS, offer high-beta exposure driven by target drones and attritable jet systems. Meanwhile, traditional prime contractors like Northrop Grumman NYSE: NOC offer stability and a dividend yield, but lack the explosive growth potential of a smaller, agile tech firm.
AeroVironment occupies a unique middle ground. AeroVironment is scaling rapidly but still experiencing growing pains. Trailing net margins sit at -9%, reflecting the heavy capital expenditures required to expand manufacturing capacity to meet its multibillion-dollar backlog. AeroVironment must successfully transition from aggregating government contracts to delivering durable, bottom-line profitability.
The $117.3 million Army contract proves that the Department of Defense views AeroVironment as a premier supplier capable of meeting modern warfare demands. As global military budgets pivot away from legacy armor toward intelligent, scalable drone technologies, companies with verified government backlogs are positioned to capture significant market share. Investors with a higher risk tolerance might consider adding AeroVironment to their watchlist as the enterprise continues to convert its impressive backlog into realized revenue.
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Amova Asset Management Americas Inc. lifted its position in AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 10.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 221,095 shares of the aerospace company’s stock after buying an additional 21,271 shares during the period. Amova Asset Management Americas Inc. owned approximately 0.44% of AeroVironment worth $40,469,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of AVAV. Geode Capital Management LLC increased its position in shares of AeroVironment by 8.8% during the fourth quarter. Geode Capital Management LLC now owns 884,395 shares of the aerospace company’s stock worth $213,956,000 after purchasing an additional 71,903 shares in the last quarter. Heard Capital LLC increased its position in AeroVironment by 48.4% during the 4th quarter. Heard Capital LLC now owns 722,150 shares of the aerospace company’s stock valued at $174,681,000 after buying an additional 235,685 shares in the last quarter. Ameriprise Financial Inc. raised its stake in AeroVironment by 17.2% in the second quarter. Ameriprise Financial Inc. now owns 504,270 shares of the aerospace company’s stock valued at $143,692,000 after buying an additional 73,963 shares during the last quarter. Stephens Investment Management Group LLC raised its stake in AeroVironment by 18.8% in the first quarter. Stephens Investment Management Group LLC now owns 490,426 shares of the aerospace company’s stock valued at $89,772,000 after buying an additional 77,619 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in AeroVironment by 7.4% in the second quarter. Alliancebernstein L.P. now owns 477,055 shares of the aerospace company’s stock worth $135,937,000 after acquiring an additional 32,721 shares in the last quarter. Institutional investors own 86.38% of the company’s stock.
Insider Buying and Selling In other AeroVironment news, Director Stephen F. Page sold 250 shares of the stock in a transaction dated 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 directly owned 49,001 shares of the company’s stock, valued at approximately $8,546,264.41. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.81% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts have recently weighed in on AVAV shares. Wall Street Zen upgraded AeroVironment from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of AeroVironment in a research note on Monday, June 8th. Piper Sandler dropped their target price on shares of AeroVironment from $248.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Clear Str upgraded shares of AeroVironment to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus decreased their price target on shares of AeroVironment from $315.00 to $220.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $266.68.
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More AeroVironment News Here are the key news stories impacting AeroVironment this week:
Positive Sentiment: AeroVironment won a $117.3 million U.S. Army contract for 82 P550 reconnaissance drones, boosting revenue visibility and validating its autonomous systems business. AV Awarded $117.3 Million U.S. Army Production Contract for P550™ Positive Sentiment: Investor interest in drone stocks remains strong, with sector rotation and short positioning potentially amplifying upside sentiment for AVAV. ONDS, AVAV, RCAT, RDW Rise Premarket: Investors Pour $10.7B Into Drone Stocks – S3 Sees ‘More Fireworks’ Ahead Positive Sentiment: Recent reports point to additional international wins, including Italy’s JUMP 20 military designation and German contract activity, supporting the bull case for AeroVironment’s NATO adoption. AeroVironment (AVAV) Wins Italian JUMP 20 Designation And German Drone Contracts Neutral Sentiment: Multiple law firms issued reminders about a July 27 lead-plaintiff deadline in securities class action cases tied to AVAV, keeping legal overhang in focus but not changing the underlying business fundamentals. AVAV Shareholder Alert: July 27, 2026 Lead Plaintiff Deadline in AeroVironment, Inc. Securities Class Action Negative Sentiment: The class-action lawsuits center on alleged misrepresentations about competitive risks in AeroVironment’s SCAR program and single-vendor contract vulnerability, which may continue to weigh on sentiment. JULY 27, 2026 DEADLINE ALERT: AeroVironment, Inc. (AVAV) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit AeroVironment Trading Up 0.3% Shares of NASDAQ:AVAV opened at $142.60 on Tuesday. The company has a quick ratio of 3.59, a current ratio of 4.30 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a 52-week low of $135.20 and a 52-week high of $417.86. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of -38.75, a PEG ratio of 4.84 and a beta of 1.39. The business has a 50-day moving average price of $167.69 and a 200-day moving average price of $215.88.
AeroVironment (NASDAQ:AVAV – Get Free Report) last issued its earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37. The firm had revenue of $641.62 million for the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.AeroVironment’s revenue for the quarter was up 133.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities analysts predict that AeroVironment, Inc. will post 3.26 EPS for the current year.
AeroVironment Profile (Free Report)
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.
See Also Five stocks we like better than AeroVironment The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAV – Free Report).
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BLB&G podala na AeroVironment hromadnou žalobu kvůli údajným nepravdivým tvrzením o kontraktu SCAR s americkým ministerstvem obrany. Firma později oznámila příkaz k zastavení prací, záměr smlouvu ukončit a odpis goodwillu ve výši 151,3 milionu USD.
NEW YORK--(BUSINESS WIRE)--Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action in the U.S. District Court for the District of Delaware alleging violations of the federal securities laws by AeroVironment, Inc. (“AeroVironment” or the “Company”) and certain of the Company’s current senior executives (collectively, “Defendants”). The action is brought on behalf of all investors who purchased or otherwise acquired AeroVironment common stock beginning at 4:30 PM ET on June 24, 2025, through June 18, 2026, inclusive (the “Class Period”). This case is related to a previously filed securities class action pending against AeroVironment captioned Norrell v. AeroVironment, Inc., No. 1:26-cv-1429 (E.D. Va. filed May 26, 2026) (“Norrell”).
BLB&G filed this action on behalf of its client, City Pension Fund for Firefighters and Police Officers in the City of Miami Beach, and the case is captioned City Pension Fund for Firefighters and Police Officers in the City of Miami Beach v. AeroVironment, Inc., No. 26-cv-00875 (D. Del.). The complaint is based on an extensive investigation and a careful evaluation of the merits of this case. A copy of the complaint is available on BLB&G’s website by clicking here.
AeroVironment’s Alleged Fraud
AeroVironment is a defense technology provider across air, land, sea, space, and cyber. Shortly before the Class Period, AeroVironment acquired BlueHalo, LLC (“BlueHalo”), another defense technology company with a leading role in the U.S. Department of Defense’s (“DoD”) Satellite Communications Augmentation Resource (“SCAR”) program. Through SCAR, BlueHalo had been awarded a contract valued at approximately $1.7 billion to develop military satellite command and control stations known as Broad Area Deployable Ground Terminal Enabling Resilient Communications (“BADGERs”).
The claims against AeroVironment and certain of its executives arise from misrepresentations relating to the SCAR contract. Throughout the Class Period, Defendants repeatedly touted the SCAR program as central to AeroVironment’s growth prospects. Defendants told investors that the Company had “won” the SCAR contract, that it was “locked in,” that the customer was “asking for more,” and that the Company was “very much on track” to ramp revenue and improve margins as more BADGER systems moved into production. In truth, AeroVironment’s agreement with the U.S. DoD to produce BADGERs for the SCAR program was not secure, as AeroVironment was facing a significant threat of competition from other vendors for the work it was performing under that agreement, and there was a material risk that the Company would not continue to deliver products for the SCAR program, or would do so only on a significantly reduced basis.
The truth began to emerge on January 20, 2026, when AeroVironment announced that the U.S. Government had issued a stop work order on the SCAR contract. As a result of this disclosure, the price of AeroVironment common stock declined by $61.97 per share, or 16%. Then, on March 2, 2026, industry publication Space News reported that the U.S. DoD was reopening the SCAR program and soliciting proposals from vendors other than AeroVironment because the Space Force was “reassessing how to move forward.” That news caused the price of AeroVironment common stock to decline by $43.93 per share, or 17%.
On March 10, 2026, AeroVironment revealed that the U.S. Government intended to terminate the SCAR agreement, while allowing AeroVironment to compete for future work under the program. The Company also reported a $151.3 million goodwill impairment charge in the Space reporting unit triggered by the SCAR stop work order. These disclosures caused the price of AeroVironment common stock to decline by $13.84 per share, or 6%. Then, on June 22, 2026, AeroVironment disclosed that its previously issued financial statements should no longer be relied upon because the Company had understated the goodwill impairment charge by $89.4 million, or 59%. AeroVironment further disclosed that the restatement resulted from a newly identified material weakness in internal control over financial reporting and that its disclosure controls and procedures as of January 31, 2026, were ineffective. As a result of these disclosures, the price of AeroVironment common stock declined by $18.28 per share, or 11%.
The filing of this action does not alter the previously established deadline to seek appointment as Lead Plaintiff. Pursuant to the May 27, 2026, notice published in connection with the Norrell action, under the Private Securities Litigation Reform Act of 1995, investors who purchased AeroVironment common stock during the Class Period may, no later than July 27, 2026, seek to be appointed as Lead Plaintiff for the Class. Any member of the proposed Class may seek to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Scott R. Foglietta of BLB&G at 212-554-1903, or via e-mail at [email protected].
About BLB&G
BLB&G is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has built an international reputation for excellence and integrity and pioneered the use of the litigation process to achieve precedent-setting governance reforms. Unique among its peers, BLB&G has obtained several of the largest and most significant securities recoveries in history, recovering over $40 billion on behalf of defrauded investors. More information about the firm can be found online at www.blbglaw.com.
AeroVironment čelí hromadné investorské žalobě kvůli údajným zavádějícím tvrzením kolem programu SCAR a jeho vyhlídek. Firma po stop-work order a zrušení kontraktu vykázala ve 3. fiskálním čtvrtletí provozní ztrátu 179,0 mil. USD.
LOS ANGELES, July 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AeroVironment, Inc., (“AeroVironment” or the "Company") (NASDAQ: AVAV) investors of a class action on behalf of investors that bought securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”). AeroVironment investors have until July 27, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/aerovironment-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment’s business and financial prospects.
The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.” On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.
Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: “We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR,” the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.
Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment’s space division after the stop work order on AeroVironment’s BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
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310-692-8883
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AeroVironment získal od italské Directorate of Aeronautical Armaments and Airworthiness (DAAA) označení MQ-31A pro systém JUMP 20, který nyní Itálie uznává za oficiální vojenskou schopnost. To navazuje na dubnovou smlouvu na dodávku těchto dronů italské armádě.
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced that it has received an MQ-31A military designation from Italy’s Directorate of Aeronautical Armaments and Airworthiness (DAAA) to deliver the JUMP® 20 unmanned aircraft system (UAS) to the Italian Army.
The MQ‑31A designation confirms that the Italian Ministry of Defence now recognizes JUMP 20 as an official military capability.
ShareThe MQ-31A designation confirms that the Italian Ministry of Defence now recognizes JUMP 20 as an official military capability.
“This designation validates that JUMP 20 meets the standards of a modern European military and underscores the system’s ability to deliver actionable intelligence and persistent overwatch in highly contested environments,” said Shane Hastings, Vice President and General Manager, Medium Unmanned Aircraft Systems at AV. “It also signals that Italy is treating JUMP 20 as an integrated element of its formal military inventory, rather than a limited trial or off-the-shelf experiment.”
The MQ-31A designation is the next step following AV’s April 2025 contract to deliver JUMP 20 VTOL aircraft systems, sustainment, engineering, and support, replacing Italy’s legacy unmanned ISR fleet while enhancing NATO interoperability, expeditionary operations, and operational readiness.
The JUMP 20 was selected over multiple bidders through a competitive procurement process and continues to grow in popularity among NATO forces in Europe.
“Across Europe, JUMP 20 continues to gain traction with allied forces, including Italy, Denmark, Lithuania, and the Czech Republic, reinforcing its position as a trusted and rapidly adopted medium UAS platform,” said Hastings.
Designed for simplicity and adaptability, JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing unmanned aircraft system with more than 13 hours of endurance and an operational range of 185 km (115 mi). Runway-independent, the system is built for rapid, safe deployment, launching and landing autonomously without the need for personnel intervention. Its rugged, easily transportable design makes it ideal for dynamic, on-the-move operations. The system offers best-in-class open system architecture, with more than 70 integrated payloads and over 500,000 flight hours in operational environments.
Engineered with a 30-pound modular payload capacity, JUMP 20 easily adapts to evolving concepts of operations (CONOPS) and multi-domain mission demands. Its modular design ensures seamless integration of next-generation sensors, communication tools and advanced autonomy, helping Italian forces maintain an edge in UAS battlefield innovation.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
Na AeroVironment byla podána hromadná žaloba kvůli údajným zavádějícím výrokům o programu SCAR. Firma po stop work order a zrušení kontraktu vykázala provozní ztrátu 179,0 mil. USD.
New York, New York--(Newsfile Corp. - July 11, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) on behalf of investors that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in AeroVironment and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than July 27, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On January 20, 2026, before markets opened, the Company reported in an 8-K filing with the Securities and Exchange Commission that "upon mutual agreement" of AeroVironment and the U.S. Government, "the U.S. Government issued a stop work order on the Company's Other Transaction Agreement for the delivery of BADGER phased array antenna systems to support the Satellite Communication Augmentation Resource ("SCAR") program." According to the filing, "[t]he stop work order allows for the parties to negotiate an amended agreement for the future of the SCAR program under new requirements for the program, which amendment is expected to be a firm-fixed price agreement. The Company expects to continue to deliver capabilities and products for the SCAR program."
Following this news, the price of AeroVironment stock declined $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
On March 10, 2026, after market, AeroVironment issued a press release, announcing third quarter 2026 financial results. The Company reported "operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025." According to the complaint, "[t]hese financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program." Additionally, according to the complaint "AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to 'recompete' for the SCAR program."
Following this news, the price of AeroVironment stock fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
The complaint alleges, among other things, that throughout the Class Period, "Defendants
made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times."
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For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
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Well-Positioned to Continue Leading Innovation, Capturing Growth and Executing with Excellence.
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today hosted its 2026 Investor Day during which AV’s leadership team outlined its growth strategy and introduced new fiscal year 2030 financial targets.
“At AV, we are driving the business forward as a stronger, more resilient company than ever,” said Wahid Nawabi, Chairman, President and Chief Executive Officer at AV. “We look forward to leading product innovation, scaling our capacity to capture demand across multiple domains, and continuing to execute with excellence for the remainder of the decade. Two years ago, we outlined an ambitious set of strategic objectives designed to accelerate growth and we’ve delivered on several of these initiatives, giving us momentum for the road ahead. We will leverage AV's proven business model to commercialize new technologies across a broader global and commercial customer base. The fiscal year 2030 financial targets we provided today underscore our confidence in our ability to create long-term value for our shareholders.”
AV introduced fiscal year 2030 financial targets and expects to achieve:
$3.5 - $4.0 billion in revenue, a 15% - 20% organic CAGR, driven by market expansion and leadership 7% - 9% investment in R&D to accelerate innovation and keep AV ahead of competition 18% - 20% adjusted EBITDA margins driven by operational excellence and sustainable profitability A webcast replay and presentation used in today’s event are available on the Investor Relations section of www.avinc.com.
ABOUT AEROVIRONMENT, INC.
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance.
For more information visit: www.avinc.com.
SAFE HARBOR STATEMENT
This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as “will,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “project,” “plan,” or words or phrases with similar meaning. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from the forward-looking statements.
Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, the impact of our ability to successfully close and integrate acquisitions into our operations and avoid disruptions from acquisition transactions that will harm our business; the recording of goodwill and other intangible assets as part of acquisitions that are subject to potential impairments in the future and any realization of such impairments; any actual or threatened disruptions to our relationships with our distributors, suppliers, customers and employees, including shortages in components for our products, whether due to restrictions and sanctions imposed by foreign governments or otherwise; the ability to timely and sufficiently integrate international operations into our ongoing business and compliance programs; reliance on sales to the U.S. government, including uncertainties in classification, pricing or potentially burdensome imposed terms for certain types of government contracts; availability of U.S. government funding for defense procurement and R&D programs; our ability to win U.S. and international government R&D and procurement programs, including foreign military financing aid; changes in the timing and/or amount of government spending, including due to continuing resolutions and/or changing government priorities; adverse impacts of any U.S. government shutdown; our ability to realize the anticipated benefits of the BlueHalo transaction or other acquisitions; our ability to execute contracts for anticipated sales, perform under such contracts and other existing contracts and obtain new contracts; risks related to our international business, including compliance with export control laws; the extensive and increasing regulatory requirements governing our contracts with the U.S. government and international customers; the consequences to our financial position, business and reputation that could result from failing to comply with applicable law, regulatory requirements, and contractual obligations; unexpected technical and marketing difficulties inherent in major research and product development efforts; the impact of potential security and cyber threats or the risk of unauthorized access to and resulting misuse of our, our customers’ and/or our suppliers’ information and systems; failure to remain a market innovator, to create new market opportunities or to expand into new markets; our ability to increase production capacity to support anticipated growth; unexpected changes in significant operating expenses, including components and raw materials; failure to develop new products or integrate new technology into current products; any increase in litigation activity or unfavorable results in legal proceedings, including pending class actions, or litigation that may arise from or in conjunction with our recent acquisitions; our ability to respond and adapt to legal, regulatory and government budgetary changes; our ability to comply with the covenants in our loan documents, outstanding convertible notes or acquisition and merger agreements for acquisitions; our ability to attract and retain skilled employees, including retention of employees of acquired companies; the impact of inflation; and general economic and business conditions in the United States and elsewhere in the world; and the failure to establish and maintain effective internal control over financial reporting. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
AeroVironment v červnu ztratila více než 20 % poté, co odhalila účetní chyby ve dvou finančních výkazech a musela přepočítat výsledky. Chyby podhodnotily provozní ztrátu o 89,4 milionu USD.
In an age where drones are reshaping the modes and methods of aerial warfare, among other fields, AeroVironment (AVAV 8.02%) has been a red-hot stock recently.
In June, however, sentiment toward the next-generation defense company's stock cooled considerably, mainly due to accounting errors affecting two sets of financial statements. This had a lingering, deleterious effect on the stock, which ultimately lost more than 20% of its value over the month.
Image source: Getty Images.
A fumble with the financials That bad news hit the headlines on June 22; AeroVironment disclosed it in a regulatory filing with the Securities and Exchange Commission (SEC). It said the audit committee of its board of directors found that its 10-Q quarterly earnings statement covering the three-month and nine-month periods ending Jan. 31, 2026, contained errors and was in need of restatement.
Getting into the weeds somewhat, the company said the fault lay in the carrying value used in its goodwill impairment calculation.
In turn, this affected the company's loss from operations, which was understated by $89.4 million for both periods. Ditto for net loss, understated by slightly less (nearly $87.3 million), plus associated basic and diluted net loss per share (by $1.75 per share for the three-month period, and $1.79 per share for the longer stretch).
Finally, total assets were overstated by that $89.4 million, and liabilities by over $2.1 million. Total stockholders' equity was overstated by the same near-$87.3 million in the net loss calculation.
The same day that the announcement was made, AeroVironment published an update to its 10-Q with the requisite corrections. Although that mitigated deeper price erosion, it was an embarrassment and a setback for a business that generally had a positive reputation.
It's fortunate, then, that its earnings report for the following quarter was made public one week later. AeroVironment's stock soared yet again, which was understandable because the company managed to more than double revenue on a year-over-year basis (to almost $642 million). Net income under generally accepted accounting principles (GAAP) also blasted higher, to $63 million from $17 million.
That revenue line, and the company's non-GAAP net income of $1.84 per share, easily topped the average analyst estimates.
Today's Change
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The fourth quarter was the fix Without the saving grace that was that fiscal fourth-quarter earnings release, AeroVironment surely would have seen a steeper price decline. It continues to do very well as an effective operator in the drone and defense systems space, but I'd be more bullish on its future if its financial reporting efforts were similarly top-class.
Na společnost AeroVironment byla podána hromadná žaloba v souvislosti s údajným klamáním investorů ohledně kontraktu SCAR pro U.S. Space Force. Akcie po zprávě 2. března 2026 spadly o 17,42 %.
A securities fraud class action lawsuit has been filed on behalf of AeroVironment investors after its stock plummeted over 17% because AeroVironment allegedly misled investors regarding its SCAR contract to provide the U.S. Space Force with its BADGER systems.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
Key Details of the AeroVironment ($AVAV) Class Action:
Lead Plaintiff Deadline: July 27, 2026 Alleged Misconduct: Securities fraud relating to AeroVironment's contract to provide the U.S. Space Force's SCAR program with its BADGER phased array antenna systems Largest Alleged Stock Drop: March 2, 2026 – 17% Stock Drop Court: U.S. District Court for the Eastern District of Virginia Action: Contact BFA Law to discuss your rights Investors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.
Why is AeroVironment Being Sued for Securities Fraud?
In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force's SCAR program.
According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.
BFA Law is also investigating AeroVironment's June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 "require restatement and should no longer be relied upon."
Why did AeroVironment's Stock Drop?
On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.
On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and "are going to move into a new acquisition strategy for SCAR" which would "likely take the form of other companies building versions or variants of SCAR." On this news, AeroVironment's common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.
Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment's space division after the stop work order tied to the Space Force's SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
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Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
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AeroVironment získal armádní kontrakt za 500 milionů USD na proti-dronové systémy, což podpořilo růst akcií o 4 %. Firma navíc oznámila rekordní tržby za fiskální 4. čtvrtletí 641,6 milionu USD.
AeroVironment Inc. AVAV shares rose 4% in premarket trading on Thursday after the US Department of War awarded the defense contractor a $500 million contract for counter-unmanned aerial systems.
The Simi Valley, California-based company received a firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities.
According to the Department of War, work locations and funding will be determined with each order placed under the agreement, which is expected to run through June 29, 2029.
Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity for the agreement, which carries contract number W912CH-26-D-A073.
The contract announcement added to investor optimism following AeroVironment's strong fiscal fourth-quarter earnings report earlier this week.
The company specializes in unmanned aircraft systems and tactical missile systems for military and commercial applications.
AeroVironment reported record fiscal fourth-quarter revenue of $641.6 million for the period ended April 30, 2026, up 133% from a year earlier.
The sharp increase was aided by the acquisitions of defense technology companies BlueHalo and Empirical Systems Aerospace. Excluding those acquisitions, organic revenue growth was approximately 31%.
Profitability also improved significantly.
Non-GAAP adjusted EBITDA more than doubled to $140.1 million, lifting the adjusted EBITDA margin to 22%. Adjusted earnings per share increased to $1.84 from $1.61 in the prior-year quarter.
The company's funded backlog reached $1.2 billion at the end of fiscal 2026, compared with $726.6 million a year earlier, while full-year bookings totaled $2.7 billion against approximately $2 billion in revenue.
That resulted in a book-to-bill ratio of 1.4, indicating orders continued to outpace shipments and providing greater visibility into future demand.
While AeroVironment is widely known for its Switchblade loitering munitions, management believes its counter-drone business could become an increasingly important contributor over the coming years.
Counter-unmanned aircraft systems generated about $200 million in revenue during fiscal 2026.
The company is expanding the business through a three-layered approach that includes the Titan family of radio-frequency jamming systems, the LOCUST directed-energy weapon under development, and the Freedom Eagle-1 kinetic interceptor designed to destroy incoming drones.
Discussing the long-term opportunity, CEO Wahid Nawabi said, "It will not surprise me in the next 3-5 years that our directed energy and our counter-UAS business would be equally as large, if not 2-3 times bigger."
Management also cited "unprecedented" demand across its markets and projected fiscal 2027 revenue of $2.1 billion to $2.2 billion, with the midpoint implying roughly 10% growth.
Despite the recent gains, AeroVironment shares trade at about 54 times the midpoint of management's fiscal 2027 adjusted earnings guidance and remain well below their 52-week high of nearly $420.
Jim Cramer urged investors to remain cautious because of negative sentiment surrounding the stock.
“The short sellers in this thing are so powerful,” he said on CNBC, adding they're fully convinced that AeroVironment “paid too much” for BlueHalo.
According to Cramer, AVAV is trading near a bottom and a strong fourth-quarter report could help keep it in the “green”, but he warned of possible short-term volatility due to what he described as "a coordinated assault by institutional bears."
He also said investors should be cautious because the “lies that have been told about this company and shading of the truth” are extraordinary.
Wall Street, however, continues to rate AeroVironment a "Strong Buy," with a mean price target of about $295 over the next 12 months.
Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a zakázce BADGER pro U.S. Space Force.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain." The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."
On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."
On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.
On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
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AeroVironment ve 4. fiskálním čtvrtletí zvýšil tržby o 133 % na rekordních 641,6 milionu USD a upravený EBITDA více než zdvojnásobil na 140,1 milionu USD. Zajištěný backlog vzrostl na 1,2 miliardy USD.
Shares of AeroVironment (AVAV +4.47%) soared more than 20% this week, to around $171, after the drone and defense specialist reported its fiscal fourth-quarter results. The quarter was a blowout by almost any measure -- record revenue, adjusted profits that more than doubled, and a funded backlog that swelled past $1 billion.
Is this the start of a multiyear up cycle in military drones and the systems built to stop them, or a one-quarter spike that borrows from future demand and leaves a harder comparison behind?
The answer rests less on the drones AeroVironment is already known for and more on what it's building next.
Image source: Getty Images.
AeroVironment's fiscal fourth-quarter revenue (the period ended April 30, 2026) jumped 133% year over year to a record $641.6 million. That headline figure, however, was bolstered by the company's acquisitions of defense technology firms BlueHalo and Empirical Systems Aerospace. Strip the deals out, and organic growth was about 31% -- still a strong rate, and the better gauge of underlying demand.
Profitability climbed even faster. AeroVironment's non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) more than doubled to $140.1 million, lifting the adjusted EBITDA margin to 22%. Adjusted earnings per share were $1.84, up from $1.61 a year earlier.
The figure that speaks most directly to the up-cycle question, though, is backlog. AeroVironment closed the year with a funded backlog of $1.2 billion, up about 65% from $726.6 million a year earlier. Full-year bookings reached $2.7 billion against revenue of roughly $2 billion, for a book-to-bill ratio of 1.4 -- orders came in well ahead of what the company could ship. That kind of forward visibility isn't what a one-quarter spike looks like.
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Looking ahead, counter-drone is the story This is where the multiyear thesis lives. Sure, AeroVironment is best known for its Switchblade loitering munitions -- the small, low-cost attack drones that have become a fixture of modern warfare. But the faster-growing opportunity may sit on the other side of that fight: knocking enemy drones out of the sky.
Counter-drone, or counter-unmanned aircraft systems (counter-UAS), brought in about $200 million of revenue in fiscal 2026. Next to the loitering munitions business, that's still modest.
But management doesn't expect it to stay that way.
"It will not surprise me in the next 3-5 years that our directed energy and our counter-UAS business would be equally as large, if not 2-3 times bigger," CEO Wahid Nawabi said on the company's fiscal fourth-quarter earnings call.
AeroVironment builds its counter-drone defense in three layers. The first is the Titan family of radio-frequency jamming systems, whose sales roughly doubled over the prior year. The second is an early stage directed-energy weapon called LOCUST. And the third is a kinetic interceptor, Freedom Eagle-1, that physically destroys an incoming drone. The pitch to customers is that no single tool stops every threat.
Demand, for now, is moving the right way. Management pointed to "unprecedented" levels of demand across its markets and guided for fiscal 2027 revenue of $2.125 billion to $2.225 billion. The midpoint implies about 10% growth -- a step down from this year's acquisition-boosted pace, but healthy for a business this size, and it doesn't lean on the counter-drone ramp inflecting yet.
So, is the growth stock a buy? At about $171, AeroVironment trades at roughly 54 times the midpoint of management's fiscal 2027 adjusted earnings guidance -- a rich multiple. And even after this week's jump, the stock sits well below the 52-week high near $420 it touched before a steep slide earlier this year.
Personally, I read the backlog and the demand signals as the start of an up cycle rather than a one-off -- but the stock's valuation already bakes a lot of that in. For investors who want exposure to the drone and counter-drone theme, I'd keep any position small or maybe even wait for a more attractive entry point.
AeroVironment roste po zprávě, že segment AxS ve 4. čtvrtletí zvýšil tržby o 80 % meziročně a ve fiskálním roce 2026 o 61 %. Management zároveň očekává ve fiskálním roce 2027 tržby 2,125–2,225 miliardy USD.
• AeroVironment stock is among today’s top performers. Why are AVAV shares rallying?
The AeroVironment Analyst: Analyst Andre Madrid reiterated a Buy rating and price target of $205.
The AeroVironment Thesis: Supported by Precision Strike & Defense Systems, AxS generated 80% year-on-year sales growth in the fourth quarter and 61% in fiscal 2026, Madrid said in the note.
Check out other analyst stock ratings.
Fourth-quarter adjusted EBITDA margin at AxS was strong, at 28%, partially offset by weaker SCDE margins, he added.
Madrid stated that the programmatic growth drivers were:
Switchblade Red Dragon Titan "This growth was partially offset by weakness at the SCDE (Space, Cyber & Directed Energy) segment driven by the SCAR program termination and government funding delays that weighed on the Cyber and Mission Systems (CMS) business," the analyst further wrote.
While there is significant demand for SCDE platforms, timing remains uncertain with funding delays expected to persist into late 2026 or early 2027, Madrid said.
The Outlook: Management guided to fiscal 2027 sales of $2.125-$2.225 billion, representing 10% growth and coming in line with expectations, the analyst stated. They projected adjusted EBITDA of $305-$325 million and adjusted earnings of $3.02-$3.34 per share.
Management’s fiscal 2027 outlook implies around 14.5% adjusted EBITDA margin, roughly flat as the company increasingly invests in growth, he further noted.
AVAV Price Action: Shares of AeroVironment had risen by 17.48% to $164.30 at the time of publication on Tuesday.
Photo: Piotr Swat via Shutterstock
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Na společnost AeroVironment (AVAV) byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a výhledu společnosti. Společnost zároveň uvedla provozní ztrátu 179,0 mil. USD a zrušení kontraktu ze strany U.S. Space Force.
Philadelphia, Pennsylvania--(Newsfile Corp. - June 30, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against AeroVironment, Inc. (NASDAQ: AVAV) ("AeroVironment" or the "Company") on behalf of investors who purchased or acquired AeroVironment common stock during the period from June 25, 2025 through March 10, 2026 (the "Class Period").
Investor Deadline: Investors who purchased or acquired AeroVironment common stock during the Class Period may, no later than July 27, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
The Company, headquartered in Arlington, Va., provides cutting-edge autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies to the U.S. Department of Defense, allied governments, and commercial clients.
The complaint alleges that, during the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects, and failed to disclose that: (i) the Company understated the likelihood of imminent competition from other vendors for work it performed under the Satellite Communication Augmentation Resource ("SCAR") program, including in connection with the U.S. Space Force's ongoing effort to modernize the Satellite Control Network ("SCN"); (ii) and Defendants accordingly overstated the Company's business and financial prospects.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program, while stating it expected to continue operating under the program. On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening and "reassessing" the SCAR program. The Space Rapid Capabilities Office's director of contracting confirmed the Space Force would "move into a new acquisition strategy for SCAR." On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment reported a third-quarter fiscal year 2026 operating loss of $179.0 million - versus a loss of just $3.1 million in the prior-year quarter - reflecting a $151.3 million goodwill impairment in its space division tied to the BADGER stop work order. The Company additionally disclosed that the U.S. Space Force had terminated its SCAR contract, forcing the Company to "recompete" for the program. On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced it would diversify its supplier base and transition to commercial, off-the-shelf solutions to modernize the SCN, foregoing any further single-vendor bespoke procurement.
If you are an AeroVironment investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
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AVAV uvedla, že fiskální rok 2027 bude hlavně o načasování a plnění, ne o poptávce; tržby i upravená EBITDA mají být více soustředěné do druhé poloviny roku.
Key Takeaways AVAV says fiscal 2027 hinges on execution and timing, not demand, after record quarterly revenues.AVAV expects revenues and adjusted EBITDA to be back-half weighted amid contract and budget timing.AVAV is expanding production, while BlueHalo boosts counter-UAS and directed-energy growth potential. AeroVironment, Inc. (AVAV - Free Report) used its fourth-quarter call to frame fiscal 2027 less as a demand story than an execution and timing story. Management pointed to strong program momentum, but also made clear that federal budget timing could push more revenues and profit into the back half of the year.
The setup matters because AVAV is entering the year after record quarterly revenues, a major acquisition integration and a broad manufacturing build-out meant to support what executives described as rising demand across drones, counter-UAS, directed energy and space systems.
AVAV Leans on Demand VisibilityAeroVironment posted quarterly earnings of $1.84 per share, which rose from $1.61 a year ago. The figure beat the Zacks Consensus Estimate of $1.53 by 20.3%. Fourth-quarter revenues came in at $641.6 million, which topped the estimate of $563.1 million by 13.9%.
Chairman, president and CEO Wahid Nawabi said fiscal 2026 was a transformational year, with BlueHalo materially broadening the portfolio and helping position the company for what he called unprecedented demand across served markets. He tied that view to lethal drones, nonlethal drones, counter-UAS, space and advanced technologies.
He highlighted several recent wins and product milestones, including the Army’s long-range reconnaissance award for the P550, additional traction for JUMP 20-X, continued Switchblade development and a growing pipeline for RedDragon and MAYHEM 10. The message was that AVAV is now selling across more mission sets rather than relying on a narrow franchise base.
That broader framing sat behind management’s confidence in fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 million, even as it avoided assuming an early federal budget release.
AeroVironment Pushes Production ReadinessNawabi repeatedly returned to capacity expansion as a strategic differentiator. He said the Salt Lake City site is on track to begin production in spring 2027 and has potential annual output above $2 billion for Switchblade and related products.
The company is also expanding Huntsville for Freedom Eagle 1 and Albuquerque for directed-energy systems, with chief financial officer Sean Woodward saying fiscal 2027 capital spending will run at 12% to 14% of revenues. He added that the spending is aimed at long-term production growth, not near-term financial engineering.
That stance shaped the cash-flow discussion as well. Woodward said the company does not expect positive free cash flow in fiscal 2027 because of the magnitude of the planned capacity investments.
AVAV Sees Mix Shifts in 2027Woodward described the fiscal 2027 model as back-half weighted, with a roughly 45-55 first-half to second-half revenue split and two-thirds of adjusted EBITDA expected in the second half. He said first-quarter revenues would account for about 45% of first-half sales, underscoring a deliberately conservative pacing assumption.
He attributed the cadence mainly to contract timing, customer acceptance testing and the expected delay in defense budget funding rather than any deterioration in underlying demand. Nawabi said the company is assuming a continuing resolution and that material funding may not reach customer accounts until around March.
That helps explain why management stressed full-year guidance over quarterly volatility. It also frames why adjusted EPS guidance of $3.02 to $3.34 is roughly flat year over year despite higher revenues and EBITDA, with Woodward pointing to a sharp rise in depreciation and cloud amortization from recent investment.
AeroVironment Defends BlueHalo LogicThe BlueHalo portfolio was one of the most important themes in both prepared remarks and Q&A. Nawabi singled out Titan counter-UAS systems and LOCUST directed-energy weapons as some of the fastest-growing and highest-potential parts of the combined company.
He described counter-UAS as already a couple-hundred-million-dollar business in fiscal 2026 and said it could become as large as, or larger than, loitering munitions over the next three to five years. That was one of the clearest long-term growth statements on the call.
At the same time, Woodward had to address the incremental goodwill impairment tied to the SCAR program termination. He said the added charge stemmed from an error in the third-quarter impairment analysis, not a fresh deterioration in long-term cash-flow assumptions, and said enhanced controls are now in place.
AVAV Q&A Focuses on Pressure PointsAnalysts pressed hardest on budget timing, free cash flow, the SCAR disruption and the pace of production expansion. Management’s answers were detailed and generally firm, especially on its view that current guidance excludes upside from a more favorable funding schedule.
A JPMorgan analyst asked about revenue timing and funding assumptions, prompting Nawabi to lay out a cautious scenario in which budget approvals slip into winter, and revenues remain more dependent on existing backlog in the near term.
A Jefferies analyst also pressed on counter-UAS and remaining goodwill. That exchange gave investors a clearer picture of the size of the counter-UAS opportunity and how management wants the impairment issue interpreted.
AeroVironment Leaves a Build-Through MessageThe tone exiting the call was expansive, but disciplined. Management did not overpromise on near-term timing, yet it repeatedly emphasized backlog, funded opportunities and manufacturing readiness as reasons to keep investing.
That posture leaves AeroVironment presenting fiscal 2027 as a year of scaling into demand rather than harvesting it all immediately. The company’s central argument is that capacity, product breadth and budget exposure matter more right now than any single quarter’s conversion rate.
AVAV’s Zacks SignalsAVAV currently carries a Zacks Rank #3 (Hold), with Value, Growth and VGM Scores of D and a Momentum Score of B, according to the provided Zacks data. The Zacks framework indicates Rank is the primary screen, while Style Scores serve as a complement, with stronger A or B grades generally seen as more favorable within the Rank system. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Within that framework, a Zacks Rank #3 points to a more neutral near-term outlook than a Rank #1 or 2 (Buy), while the Momentum Score of B suggests relatively better trend support than the stock’s Value, Growth or VGM profiles. The Zacks Rank can change as earnings estimate revisions move after the quarter’s results.
AeroVironment po zveřejnění výsledků za 4. fiskální čtvrtletí 2026 vzrostl o 19 %; EPS 1,84 USD i tržby 642 milionů USD překonaly odhady. Funded backlog stoupl na 1,2 miliardy USD.
Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million versus an analyst estimate of $559 million.
CEO Wahid Nawabi said in a release that AeroVironment is well positioned to benefit from the rising global demand in drones, counter-drones and space technology.
AeroVironment's funded backlog of $1.2 billion was up 65% over last year, but only slightly above the $1.1 billion backlog reported in the prior period. Autonomous systems revenue of $492 million handily beat the $402 million StreetAccount expectation.
Nawabi told CNBC's Morgan Brennan during a recent exclusive tour of the company's Simi Valley, California, facility that the fundamentals of warfare have changed due to the recent conflicts in Ukraine and Iran.
"We knew that this inflection point was going to happen sooner or later," he said, "and these last couple of conflicts that have become globally well known has essentially brought this thing to the forefront."
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomAeroVironment posted net income of $63.17 million during Q4 2026, or $1.25 per share. A year ago, the company posted net income of $16.66 million, or 59 cents per share.
The dronemaker expects fiscal year 2027 revenue in the range of $2.13 billion and $2.23 billion, with LSEG expecting $2.17 billion. The company's guidance for adjusted 2027 EPS called for a range of between $3.02 and $3.34, while LSEG expectations were for $3.94 per share.
The company's shares are down more than 40% this year, but with the U.S. Defense Department budget for drones alone set to possibly top $75 billion next year, there is a huge opportunity ahead.
"Not only the U.S. Department of War, but all of our allies are behind the eight ball in terms of adoption and deployment," Niwabi told CNBC.
"Now we're playing catch up. Our military is playing catch up in a very fast pace," he added.
AeroVironment má rekordní financovaný backlog kolem 1,1 miliardy USD a book-to-bill 1,6, což podporuje silnou poptávku. Akcie ale letos klesly asi o 43 % po slabém čtvrtletí a snížení výhledu.
AVAV stock is up heading into the print. Watch the price action here. Backlog and VisibilityAeroVironment closed the third quarter with a record funded backlog of roughly $1.1 billion, supported by total bookings of about $2.1 billion over the first nine months and a book‑to‑bill ratio near 1.6.
A book-to-bill ratio of 1.6 signals demand running ahead of recognized revenue and underpins management’s framing of the fourth quarter as a potential record quarter driven by conversion of delayed Space, Cyber and Directed Energy (SCDE) work.
Investors have also seen a string of multi‑year U.S. Army and foreign military sales awards in unmanned aircraft and counter‑UAS systems, with recent contracts totaling in the high hundreds of millions and extending revenue visibility into the next decade.
The question is less about the existence of demand and more about its quality: how much of AeroVironment’s backlog sits in funding‑sensitive programs and whether management’s fourth quarter commentary reduces concerns around timing, competitive rebids and program‑level risk.
Stock Setup and Valuation TensionDespite the supportive fundamentals, AeroVironment shares have fallen about 43% year to date and more than 30% over the past three months following a sizable third-quarter miss and a cut to full‑year guidance.
Revenue of roughly $408 million in the third quarter came in more than 15% below consensus, with EPS also missing, and management trimmed its fiscal 2026 outlook to $1.85 billion to $1.95 billion of revenue.
The stock has traded in the mid‑$140s to mid‑$150s recently, well below its consensus price target of $302.44 based on the ratings of 19 analysts compiled by Benzinga.
The disconnect between AeroVironment’s current price and the consensus price target gives this earnings report a clear narrative hook: broken momentum versus intact thesis.
On one side, the market is treating AeroVironment as a "prove‑it" story after guidance cuts, margin volatility and program delays; on the other, a consensus target around $300 per share, reflecting confidence that backlog and bookings will eventually translate into cleaner earnings and cash flow.
Monday evening’s earnings report could be a potential capitulation moment if execution again disappoints, or a reset where a true record quarter, solid SCDE catch‑up and a steadier FY27 outlook begin to narrow the gap between a discounted share price and bullish valuation models.
AVAV Stock Price Activity: AeroVironment stock was up 2.76% at $141.76 at the time of publication on Monday, according to data from Benzinga Pro.
Over the past month, AeroVironment stock has declined about 29.7% versus a 2% decline in the S&P 500 and is down roughly 43% year-to-date compared to the index’s 8% gain. The stock is trading near its 52-week low of $135.20.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o programu SCAR. Žaloba se týká nákupů akcií mezi 25. červnem 2025 a 10. březnem 2026.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain." The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."
On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."
On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.
On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
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AeroVironment zveřejní výsledky za 4. čtvrtletí po uzavření trhu 29. června; analytici čekají EPS 1,47 USD a tržby 559,1 milionu USD. Akcie v pondělí spadly o 10,8 %.
AeroVironment, Inc. (NASDAQ:AVAV) will release earnings for its fourth quarter after the closing bell on Monday, June 29.
Analysts expect the Arlington, Virginia-based company to report quarterly earnings of $1.47 per share, down from $1.61 per share in the year-ago period. The consensus estimate for AeroVironment’s quarterly revenue is $559.1 million. It reported $275.05 million last year, according to Benzinga Pro.
AeroVironment recently disclosed it restated its quarterly filings for 10-Q after incorrectly calculating the goodwill impairment.
Shares of AeroVironment fell 10.8% to close at $151.33 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AVAV stock? Here’s what analysts think:
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Analytici čekají, že AeroVironment vykáže EPS 1,53 USD, tedy meziročně o 5 % méně, zatímco tržby mají vzrůst na 563,14 milionu USD. Odhad EPS se za 30 dní nezměnil.
Wall Street analysts expect AeroVironment (AVAV - Free Report) to post quarterly earnings of $1.53 per share in its upcoming report, which indicates a year-over-year decline of 5%. Revenues are expected to be $563.14 million, up 104.7% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific AeroVironment metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Contract Services' reaching $186.53 million. The estimate indicates a year-over-year change of +468.4%.
The average prediction of analysts places 'Revenue- Product Sales' at $378.63 million. The estimate indicates a year-over-year change of +56.3%.
The collective assessment of analysts points to an estimated 'Gross margin- Contract services' of $45.22 million. Compared to the current estimate, the company reported $8.87 million in the same quarter of the previous year.
Analysts predict that the 'Gross margin- Product sales' will reach $113.78 million. Compared to the current estimate, the company reported $91.46 million in the same quarter of the previous year.
View all Key Company Metrics for AeroVironment here>>>
Over the past month, AeroVironment shares have recorded returns of -18.2% versus the Zacks S&P 500 composite's -1.3% change. Based on its Zacks Rank #3 (Hold), AVAV will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
