AVEX · NYSE · Aerospace & Defense

AEVEX (AVEX)

Provides unmanned systems and mission solutions for U.S. and allied forces.

$15.76
vs last close−0.75 (−4.54%)
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Aevex Corp.AVEX
Industrials

Provides advanced autonomy, unmanned systems, and mission solutions for U.S. and allied forces. Its 2026 NYSE listing followed an acquisition-led expansion from airborne intelligence roots.

Builds advanced autonomy and unmanned systems for U.S. and allied forces, alongside adaptable mission solutions. Its roots are in airborne intelligence, surveillance, and reconnaissance for U.S. Department of Defense, Special Operations, and Intelligence Community customers. These activities support defense and intelligence missions.

Acquisitions added classified-intelligence processing, lower-cost UAS products, and autonomous technologies for aircraft operating in GPS-contested environments. Founder Brian Raduenz remains Executive Chairman, while Roger Wells is CEO. The public company carries the operating business of Athena Technology Solutions Holdings and remains controlled by Madison Dearborn Partners after its 2026 NYSE listing.

Company facts

CEORoger Wells
ListedApr 17, 2026
ExchangeNYSE
HeadquartersSolana Beach, CA
CountryUnited States
Employees700
CIK0002096300
ISINUS00835T1079

Market cap$932.3M
EPS (ttm)$0.4312
P/E (ttm)38.29
ROE239.0%
P/B
P/S1.34
Dividend yieldDiv yield
Beta

Price target$34.00+105.9%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 2, 2026Piper SandlerInitiate
Rating: Target:
Rating: NeutralTarget: $20
May 25, 2026JefferiesTarget
Target: $32
Target: $33
May 12, 2026NeedhamTarget
Target:
Target: $45
May 12, 2026Raymond JamesTarget
Target:
Target: $35
May 12, 2026JefferiesTarget
Target:
Target: $32

EPSReportedEstimate

Feb '26May '26Aug '26
Reported$0.14$0.25$0.01
Estimate$0.16$0.07
Surprise+59.5%−85.7%

RevenueReportedEstimate

Feb '26May '26Aug '26
Reported$157.3M$216.7M$201.8M
Estimate$200.9M$159.8M
Surprise+7.8%+26.3%
Estimate$0.07
Reported$0.01−85.7%
Estimate$159.8M
Reported$201.8M+26.3%
View details

Current ratio566.40%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$101.1M$121.2M$157.3M$216.7M$201.8M
Net income−$11.8M$9.9M$12.4M$20.9M$2.3M
Net margin0.0%8.2%7.9%9.7%1.2%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.3M$11.5M$20.5M$29.6M$15.4M
YoY growthTurned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $215.2M · Total debt $108.1M · Total assets $948.1M · Shareholders' equity −$533.7M

Revenue
$201.8M
Operating income
$15.4M
Net income
$2.3M
View details

No dividends on record.

Institutions27.55%31.41M shares
153 holders · as of Jun 30, 2026
Insiders1.20%1.37M shares
11 holders · as of Jun 8, 2026
Strategic holders70.52%80.42M shares
1 holder · as of Jun 8, 2026
Other0.73%833.5K shares
remainder

114.04M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (114.04M in the company's Sep 22, 2026 report, 56.47M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Madison Dearborn Partners LLCStrategic10 percent owner
70.52%57.56M B · 22.86M Afiled Jun 8, 2026
Razor's Edge Fund III, LPInstitution
11.16%12.73Mfiled Sep 15, 2026
Fidelity National Financial, Inc.Institution
5.21%5.94M Aas of Jun 30, 2026
BlackRock, Inc.Institution
3.02%3.45M Aas of Jun 30, 2026
AllianceBernstein L.P.Institution
1.90%2.17M Aas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 5, 2026Madison Dearborn Partners LLC10 percent owner−2,273,843$25.99
Apr 16, 2026Brett P. Hushofficer: See Remarks+10,000$20.00
Apr 16, 2026Brian Raduenzdirector+50,000$20.00
Apr 16, 2026Charles Roger IV Wellsdirector, officer: Chief Executive Officer+500$20.00
Apr 16, 2026Michael Andrew Jacksonofficer: See Remarks+650$20.00
View details

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