AeroVironment (AVAV)
Builds uncrewed, precision-strike, counter-drone, space, directed-energy, and cyber defense systems.
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Develops uncrewed aircraft, Switchblade precision-strike systems, counter-drone systems, and ground robots, alongside space, directed-energy, electronic-warfare, and cyber capabilities. Revenue comes mainly from product sales and contract services for U.S. defense agencies and allied governments, across Autonomous Systems and Space, Cyber and Directed Energy.
Designs and delivers small and medium uncrewed aircraft, Switchblade loitering munitions, counter-drone and electronic-warfare systems, ground and maritime robots, and command-and-control software through Autonomous Systems. Space, Cyber and Directed Energy supplies satellite communications and space-qualified hardware, laser weapons, cyber operations, intelligence tools, and mission services, largely added with BlueHalo.
Links fielded systems to common control software and supports them with training, spares, repair, engineering, and customer-funded development. Customers are primarily U.S. defense and intelligence agencies and allied governments, with smaller commercial exposure and an international manufacturing footprint. Revenue and delivery depend on government budgets and awards, production capacity, specialized suppliers and cleared talent, and compliance with contracting and export-control rules.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 17, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $326 | Target: $285 |
| Sep 16, 2026 | Jefferies | Reiterate | Rating: —Target: $229 | Target: $204 |
| Sep 10, 2026 | UBS | Reiterate | Rating: —Target: $166 | Target: $170 |
| Jul 16, 2026 | Raymond James | Upgrade | Target: $348 | Target: $210 |
| Jul 10, 2026 | Canaccord Genuity | Reiterate | Rating: —Target: $280 | Target: $240 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Aug 1, 2026Cash & short-term investments $580.2M · Total debt $850.8M · Total assets $5.73B · Shareholders' equity $4.40B
- Revenue
- $480.5M
- Operating income
- −$10.9M
- Net income
- −$5.1M
No dividends on record.
| Institutions | ≈ 59.23% | 30.10M shares | |
|---|---|---|---|
| 657 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.94% | 479.6K shares | |
| 19 holders · as of Sep 17, 2026 | |||
| Strategic holders | 34.29% | 17.43M shares | |
| 1 holder · as of May 8, 2025 | |||
| Other | ≈ 5.54% | 2.81M shares | |
| remainder | |||
50.82M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Bluehalo Holdings Parent, LLCStrategic10 percent owner | 34.29% | 17.43M | filed May 8, 2025 |
BlackRock, Inc.Institution | 6.85% | 3.48M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.31% | 2.19M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.24% | 1.65M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 3.05% | 1.55M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 15, 2026 | Brian Charles Shackley | officer: SVP, Chief Accounting Officer | −100 | $152.27 |
| Sep 15, 2026 | Stephen F. Page | director | −250 | $152.27 |
| Aug 17, 2026 | Stephen F. Page | director | −250 | $191.98 |
| Aug 14, 2026 | Brian Charles Shackley | officer: SVP, Chief Accounting Officer | −205 | $201.86 |
| Jul 15, 2026 | Stephen F. Page | director | −248 | $143.00 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AeroVironment | $157.91 | −1.86% | $8.14B | — | 46.6 | 4.1 | +5.7% |
| L3Harris Technologies | $240.32 | −2.68% | $45.98B | 24.9 | 19.4 | 2.0 | +8.4% |
| Lockheed Martin | $521.28 | −2.64% | $123.57B | 19.7 | 16.6 | 1.6 | +10.5% |
| RTX | $191.47 | −1.48% | $261.92B | 34.2 | 26.0 | 2.8 | +14.5% |
| Northrop Grumman | $510.03 | −3.16% | $74.82B | 16.7 | 17.4 | 1.7 | +5.1% |
| Elbit Systems | $745.51 | −0.69% | $35.17B | 56.1 | — | 4.1 | +15.9% |
| Textron | $78.11 | −1.64% | $13.66B | 15.0 | 11.7 | 0.9 | +3.0% |
| Kratos Defense & Security Solutions | $47.36 | −2.53% | $9.11B | 285.2 | 50.4 | 6.0 | +30.5% |
| Teledyne Technologies | $613.16 | +0.67% | $28.23B | 29.4 | 24.0 | 4.4 | +9.8% |
| Median | 27.2 | 19.4 | 2.4 | +10.2% |