
AeroVironment (AVAV) Stock Forecast & Price Target
AeroVironment (AVAV) Analyst Ratings
Bulls say
AeroVironment is a growing force in the defense industry, with a strong focus on autonomous systems and advanced technologies. Despite a recent revenue miss, the company's merger with BlueHalo offers opportunities in space and counter-drone technologies. However, potential risks include client concentration and the potential loss of the SCARBADGER contract. Overall, the company's strong positioning in key defense areas and potential for increased earnings make it a promising investment, with a current price target of $1.50 based on a multiple of 6x EV/EBITDA. However, this price target has recently been lowered to $290 due to lower estimates and potential risks to future growth.
Bears say
AeroVironment is facing several headwinds in the near term as their quarterly results were impacted by timing and adjustments in the Space business, causing a downgrade to estimates and potential risks to their order momentum. The company is facing a show-me story as they strive to achieve mid-single-digit growth and maintain margins through efficiency initiatives, while facing pressure from competitors and changes in technology. These challenges, combined with uncertainty surrounding the SCAR contract and the potential for additional contract losses, lead to a negative outlook for AeroVironment's stock.
This aggregate rating is based on analysts' research of AeroVironment and is not a guaranteed prediction by Public.com or investment advice.
AeroVironment (AVAV) Analyst Forecast & Price Prediction
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