This summary was created by AI, based on 3 opinions in the last 12 months.
AeroVironment (AVAV) recently reported record revenue growth of 24% year-over-year, which is a strong indicator of its performance and demand for its products, particularly in the context of securing a major 5-year contract with the US Army. However, the market reacted negatively to the earnings report, as investors were looking for higher guidance than what was reiterated. This disappointment has led to a sell-off in shares despite the overall positive momentum in revenue. Moreover, there are concerns regarding the pricing practices of AeroVironment, with the Pentagon suggesting that the company may be charging excessive rates for its products. Despite a high P/E ratio of 50, some analysts still view AeroVironment favorably, considering its significance in the military equipment space, indicating its potential for future growth as a low-cost provider in this sector.
Shares are slumping from its recent peak because the Pentagon feels that AVA is charging too much money. And it trades at a high 50x PE. That said, he likes it.
Good place for inexpensive military equipment. Would recommend it.
AeroVironment is a American stock, trading under the symbol AVAV-Q on the NASDAQ (AVAV). It is usually referred to as NASDAQ:AVAV or AVAV-Q
In the last year, 3 stock analysts published opinions about AVAV-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AeroVironment .
AeroVironment was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for AeroVironment .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered AeroVironment In the last year. It is a trending stock that is worth watching.
On 2025-02-14, AeroVironment (AVAV-Q) stock closed at a price of $156.99.
Confusing. They just delivered record revenue, up 24% YOY and they won a 5-year contract with the US Army. The street expected higher guidance and not a reiteration, so shares are selling off.