AeroVironment CEO sells $4.55M in common stock
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Analysts Think This Drone Stock Has a Massive $50 Billion Opportunity. Should You Buy Shares Here?
On Aug. 19, Needham analyst Austin Bohlig initiated coverage on AeroVironment (AVAV), assigning a 'Buy' rating and framing the drone sector as entering a 'generational investment cycle' driven by the modern battlefield's heavy reliance on autonomous systems. When it comes to AeroVironment, Bohlig believes the company is 'entering a multi-year supercycle,' benefiting from shifting defense priorities toward unmanned platforms and reinforced by the transformative BlueHalo acquisition that positions AeroVironment as a 'next-generation defense prime.' The analyst estimates that the company's total addressable market (TAM) has ballooned nearly fivefold to $50 billion, and he anticipates further upside via multiple expansion as AeroVironment deepens its defense market share and improves margins. As AVAV stock garners heightened interest, should you consider investing in shares now? More News from Barchart Warren Buffett Says Don't Invest in Berkshire Hathaway Unless You 'Understand Our Operations, Attitudes and Expectations' The Quantum Computing Race Is On: These 2 Stocks Appear Poised to Lead Should You Buy the Pullback in Palantir Stock Today? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! About AeroVironment Stock Headquartered in Arlington, Virginia, AeroVironment is a U.S. defense technology company specializing in the design and manufacture of unmanned aerial systems (UAS). Its market capitalization stands at around $11.6 billion, reflecting the firm's significant position in the aerospace and defense sector. AeroVironment has experienced notable volatility but also periods of strong momentum in recent months. A standout moment came in late June, when AVAV stock surged almost 22% on June 25 after the company reported stellar fourth-quarter fiscal 2025 results. However, over the past month, AVAV stock has declined 15% amid sector hesitation. That's despite a defense procurement policy shift from the Pentagon having sparked some optimism, briefly boosting shares earlier this year. Still, AeroVironment's year-to-date (YTD) gains remain significant, up 51% on defense tailwinds and heightened demand for unmanned aerial systems. AVAV stock currently trades at a premium compared to the sector median as well as its own historical average at 72.7 times forward earnings. AeroVironment's Steady Financial Performance On June 24, AeroVironment unveiled its fourth-quarter and fiscal 2025 results, posting record Q4 revenue of $275.1 million, a striking 40% year-over-year (YOY) increase driven by robust growth across its core segments. Loitering Munitions Systems (LMS) revenue surged 87%, MacCready Works rose 24%, and Uncrewed Systems (UxS) climbed 9%. Profitability also impressed, as adjusted EBITDA reached $61.6 million and adjusted EPS came in at $1.61, far surpassing Q4 2024 and blowing past estimates. The company reported net income of $16.7 million, up from $6 million a year earlier, although Q4 included a non-cash UGV goodwill impairment of $18.4 million. For the full fiscal year, AeroVironment logged record revenue of approximately $820.6 million, marking around 14% annual growth, and achieved its highest-ever bookings of $1.2 billion. The company's funded backlog soared to $726.6 million, an almost 82% increase YOY, providing strong revenue visibility. For fiscal 2026, management offered strong forward guidance, projecting revenue between $1.9 billion and $2.0 billion, adjusted EBITDA between $300 million to 320 million, and non-GAAP EPS of $2.80 to $3. Analysts predict EPS to be around $3.23 for fiscal 2026, down 1.5% YOY, before surging by 40.9% annually to $4.55 in fiscal 2027. What Do Analysts Expect for AeroVironment Stock? In recent weeks, AeroVironment has seen a wave of positive analyst activity. Recently, Needham initiated coverage with a 'Buy' rating and $300 price target, highlighting the company's leadership role in defense tech and its evolution into a next-generation prime contractor following the BlueHalo acquisition. Earlier this month, Canaccord Genuity reitererated a 'Buy' call on AVAV stock with a $305 price target. The firm's continued confidence is driven by growing global demand for drones and unmanned systems in both military and civilian sectors. Finally, JMP Securities initiated coverage on Aug. 4 with a 'Market Outperform' rating and a price target of $325. Wall Street is majorly bullish on AVAV stock. Overall, shares have a consensus 'Strong Buy' rating. Of the 13 analysts covering the stock, 10 advise a 'Strong Buy,' two suggest a 'Moderate Buy,' and one gives a 'Strong Sell" rating. The average analyst price target for AVAV is $297.33, indicating potential upside of 27%. The Street-high target price of $335 suggests that the stock could rally as much as 43% from here. On the date of publication, Subhasree Kar did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
3 hours ago
- Business Insider
Google (GOOGL) Expands Its AI Mode to Over 180 Countries
Tech giant Google (GOOGL) is expanding its AI-powered search tool, AI Mode, to over 180 countries and territories in English, with support for other languages coming soon. This tool helps users ask complex questions and get more helpful, conversational answers. A new feature also lets users share their AI-generated results with others using a 'Share' button. This allows friends or family to continue the conversation from where it left off, which is ideal for planning events or trips together. Importantly, users can delete shared links at any time in order to maintain control. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to global availability, Google is rolling out new 'agentic capabilities' in AI Mode. These features help users complete tasks like finding restaurant reservations based on specific preferences such as party size, time, location, and cuisine. AI Mode searches multiple booking sites like OpenTable, Resy, and Tock, then provides real-time options and direct links to book. Google says more capabilities, like booking event tickets or local services, will arrive soon. Currently, these agentic tools are part of an experimental feature for U.S.-based Google AI Ultra subscribers. AI Mode is also becoming more personalized. Indeed, for U.S. users who join the Labs experiment, Google will now tailor results based on previous searches, preferences, and interactions with Maps. For instance, someone looking for a quick lunch may see personalized suggestions that match past behavior, such as favoring Italian food or outdoor seating. This makes search more relevant, while still letting users adjust or turn off personalization in their account settings. Is Google Stock a Good Buy? Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 27 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $216.47 per share implies 8.1% upside potential.
Business Insider
8 hours ago
- Business Insider
QQQ ETF News, 8/21/2025
How is QQQ stock faring? The Invesco QQQ ETF has declined 1.81% over the past five days, but is up 11% year-to-date. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks' unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Moderate Buy. The Street's average price target of $639.58 for the QQQ ETF implies an upside potential of about 13%. Currently, QQQ's five holdings with the highest upside potential are Strategy (MSTR), Charter Communications (CHTR), Atlassian Corporation (TEAM), The Trade Desk (TTD), and Lululemon Athletica (LULU). (FAST), Intel (INTC), and Tesla (TSLA). Revealingly, QQQ ETF's Smart Score is seven, implying that this ETF is likely to perform in line with the market.
