AeroVironment price target lowered to $250 from $325 at RBC Capital

RBC Capital lowered the firm’s price target on AeroVironment (AVAV) to $250 from $325 and keeps an Outperform rating on the shares. The company’s Q3 results were disappointing and the management also lowered its 2026 guidance more than expected, largely due to the SCAR contract termination, the analyst tells investors in a research note. RBC adds that while it continues to believe in the stock’s multi-year story and secular drivers, the recent challenges have added to 2027 uncertainty.