AeroVironment (NASDAQ:AVAV) Updates FY25 Earnings Guidance

AeroVironment (NASDAQ:AVAV) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.18-3.49 for the period, compared to the consensus EPS estimate of $3.36. The company issued revenue guidance of $790-820 million, compared to the consensus revenue estimate of $804.48 million.

AeroVironment Price Performance

NASDAQ:AVAV traded up $0.10 on Wednesday, reaching $192.81. 739,547 shares of the company’s stock traded hands, compared to its average volume of 341,114. The stock has a 50-day simple moving average of $188.24 and a 200-day simple moving average of $153.32. AeroVironment has a 12 month low of $89.69 and a 12 month high of $224.00. The firm has a market cap of $5.43 billion, a PE ratio of -44.77 and a beta of 0.46. The company has a quick ratio of 3.16, a current ratio of 4.66 and a debt-to-equity ratio of 0.04.

Analysts Set New Price Targets

AVAV has been the subject of several recent analyst reports. Robert W. Baird restated a neutral rating and issued a $161.00 price target on shares of AeroVironment in a research note on Friday, March 8th. Royal Bank of Canada lifted their price objective on shares of AeroVironment from $160.00 to $165.00 and gave the stock an outperform rating in a research note on Friday, April 5th. William Blair reissued an outperform rating on shares of AeroVironment in a research report on Tuesday, March 5th. Finally, BTIG Research initiated coverage on AeroVironment in a research report on Wednesday. They set a buy rating and a $255.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average target price of $168.20.

About AeroVironment

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.