Analyst Andre Madrid from BTIG maintained a Buy rating on AeroVironment and keeping the price target at $300.00.
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Andre Madrid’s rating is based on several positive indicators for AeroVironment’s future performance. The company has demonstrated strong revenue growth, particularly in its Autonomous Systems segment, which saw a significant increase in sales. Additionally, AeroVironment’s funded backlog has grown substantially, indicating a healthy pipeline of future business.
Furthermore, the company has maintained its FY26 outlook while raising its adjusted EPS expectations due to lower interest expenses, which reflects improved financial management. Despite some challenges in gross margins, the higher services sales mix suggests a strategic shift that could benefit long-term profitability. These factors collectively contribute to a positive outlook, justifying the Buy rating.
Based on the recent corporate insider activity of 42 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.