This summary was created by AI, based on 3 opinions in the last 12 months.
AeroVironment (AVAV-Q) is experiencing a sell-off despite delivering record revenue and securing a 5-year contract with the US Army. Some experts feel that the street's expectation for higher guidance is not being met, leading to the slump in shares. However, others see it as a good place for inexpensive military equipment. Overall, there is a mixed sentiment around the stock due to its high valuation and concerns about charging too much money for its products.
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 2024-12-06, AeroVironment (AVAV-Q) stock closed at a price of $164.18.
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.