William Blair analyst Louie DiPalma has maintained their bullish stance on AVAV stock, giving a Buy rating on August 19.
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Louie DiPalma has given his Buy rating due to a combination of factors that highlight AeroVironment’s strategic positioning and growth potential. The recent delivery of the P550 Group 2 small UAS to the U.S. Army for the Long Range Reconnaissance program underscores AeroVironment’s capability to meet specific military needs, enhancing its credibility and competitive edge in the defense sector.
Furthermore, AeroVironment is considered a strong contender for the Long Range Reconnaissance production contract, which could be a significant revenue stream, potentially amounting to a $1 billion program over ten years. The fiscal 2026 budget request includes $125 million specifically for LRR production, indicating a substantial increase in demand and procurement plans, which bodes well for AeroVironment’s future financial performance.
In another report released on August 19, Needham also initiated coverage with a Buy rating on the stock with a $300.00 price target.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AVAV in relation to earlier this year.