This summary was created by AI, based on 3 opinions in the last 12 months.
AeroVironment (AVAV-Q) has delivered record revenue and secured a 5-year contract with the US Army, but shares are selling off due to lower guidance than expected. The Pentagon's view on the company's pricing and a high PE ratio are causing the slump in shares. Despite this, it is considered a good place for inexpensive military equipment.
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 2024-11-15, AeroVironment (AVAV-Q) stock closed at a price of $200.06.
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.