Business overview

2 segments post-BlueHalo: Autonomous Systems/AxS (Switchblade, Puma, Raven, JUMP 20 - ~68-77% of revenue) and Space, Cyber & Directed Energy/SCDE (~23-32% of revenue).

Watch: Material weakness in internal controls revealed (restatement 06/22/2026), class action in progress. Goodwill = 44% of total balance sheet - risk of further structural impairment.

Valuation
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View open tenders in Photonics & directed energy +4

Update log

DateNewsImpact
9/11/2026AeroVironment reported Q2 CY2026 revenue of $480.5 million, beating expectations despite guidance being slightly below analyst estimates.
9/11/2026AeroVironment is mentioned as one of the stocks making significant moves during the week.
9/11/2026AeroVironment reported record Q1 FY27 revenue of $480.5 million, representing 6% year-over-year growth.
9/11/2026AeroVironment stock rose 10.4% following the report of record second-quarter revenue and an increased funded backlog.
9/11/2026Fireside chat at Jefferies Global Industrials Conference — AeroVironment, Inc. participated in the 2026 Jefferies Global Industrials Conference on September 10, 2026, as scheduled. During the fireside chat, Chairman and CEO Wahid Nawabi and CFO Sean Woodward discussed the company's strong fiscal first-quarter results, noting that revenue and EBITDA exceeded guidance, and reaffirmed their full-year fiscal 2027 targets.
9/11/2026
Timing score declines as major catalysts move to post-event status
AI review
The timing score decrease is driven by the 'Catalysts' pillar, which dropped from 100 to 41 following the successful conclusion of the Q1 earnings release and related contract announcements. While these events served as positive catalysts leading up to the release, their resolution naturally reduces the near-term binary event horizon, shifting the focus toward execution of the newly reported backlog and long-term production ramps.
9/10/2026AeroVironment's Q1 earnings beat and record backlog have led to positive analyst ratings and upward price targets.
9/10/2026AeroVironment announced its first international order for the LOCUST system, valued at approximately $50 million.
9/10/2026AeroVironment's funded backlog grew by 37% to $1.5 billion, supported by significant order flow.
9/10/2026AeroVironment stock gained following a major international order for its low-cost laser weapon system.
9/10/2026AeroVironment shares surged after a strong earnings report despite previous negative commentary from market analysts.
9/10/2026AeroVironment is scaling production for its LOCUST and other key programs to support a ramp-up in the second half of the fiscal year.
9/10/2026AeroVironment secured its first international order for the LOCUST laser weapon system, valued at over $50 million.
9/10/2026AeroVironment shares increased as the company moved past previous operational challenges.
9/10/2026Yahoo Finance
9/10/2026Yahoo Finance
9/10/2026AeroVironment, Inc. — quarterly earnings release — AeroVironment, Inc. released its financial results for the fiscal first quarter ended August 1, 2026, on September 9, 2026. The company reported record quarterly revenue of $480.5 million and hosted a conference call to discuss the results later that day.
9/10/2026Release of Q1 financial results — AeroVironment, Inc. released its financial results for the first quarter of fiscal year 2027 on September 9, 2026, as scheduled. The company reported record quarterly revenue of $480.5 million and a record funded backlog of $1.5 billion, while narrowing its net loss to $5.1 million compared to the prior year period.
9/10/2026First quarter fiscal year 2027 earnings conference call — AeroVironment held its first quarter fiscal year 2027 earnings conference call on September 9, 2026, as scheduled. The company reported record quarterly revenue of $480.5 million and a record funded backlog of $1.5 billion, while reaffirming its full-year fiscal 2027 guidance.
9/9/2026AeroVironment surpassed market expectations for both earnings and revenue for the fiscal quarter ended July 2026.
9/9/2026Shares of drone manufacturers, including AeroVironment, declined due to broader market risk-off sentiment rather than company-specific news.
9/9/2026AeroVironment reported Q2 CY2026 results with strong sales growth, although its full-year revenue guidance was slightly below analyst expectations.
9/9/2026AeroVironment beat analyst expectations with a record quarterly revenue of $480.5 million and adjusted earnings per share of $0.59.
9/9/2026AeroVironment reported fiscal first quarter 2027 earnings of 59 cents per share, highlighting continued growth in the drone sector.
9/9/2026AeroVironment, Inc. reported its financial performance for the quarter ended July 2026, comparing key metrics against analyst estimates.
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9/2/2026AeroVironment is expected to release its earnings report next week.
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8/20/2026AeroVironment, Inc. is expanding its propulsion technologies for electric, hybrid, and unmanned aircraft applications.
8/20/2026AeroVironment, Inc. is establishing an industrial presence in Greece through AV Eagle, a joint venture with Athens-based Eyeonix SA.
8/19/2026Yahoo Finance
8/19/2026Yahoo Finance
8/18/2026Yahoo Finance
8/17/2026S - Sale transaction of -250 shares at $191.98
8/14/2026S - Sale transaction of -205 shares at $201.86
8/14/2026Yahoo Finance
8/14/2026Yahoo Finance
8/14/2026Yahoo Finance
8/13/2026AeroVironment's stock has surged 35.1% over the past month, driven by strong defense demand, a major Army contract, and a new autonomous systems partnership.
8/12/2026Yahoo Finance
8/12/2026Yahoo Finance
8/11/2026Yahoo Finance
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8/7/2026
Rating revision: Rating 3 → Rating 2
AI review
The $400 million production contract for directed-energy systems validates the strategic value of the recent BlueHalo acquisition and shifts the company from R&D to large-scale production. While internal control issues remain, the revenue growth trajectory and successful product transition justify an upgrade in the company rating to reflect improved commercial viability. This expansion into high-growth defense segments reduces the reliance on legacy product lines.
8/7/2026Yahoo Finance
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7/27/2026Morningstar
7/26/2026ACCESS Newswire
7/26/2026MarketBeat
7/24/2026GlobeNewswire
7/24/2026GlobeNewswire
7/24/2026GlobeNewswire
7/24/2026Carroll County Mirror-Democrat
7/22/2026Yahoo Finance
7/22/2026Yahoo Finance
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7/21/2026Yahoo Finance
7/20/2026The firm Kahn Swick & Foti, LLC has issued a notice regarding a class action lawsuit against AeroVironment, Inc., setting the application deadline for July 27, 2026.
7/20/2026Yahoo Finance
7/20/2026Investing.com France
7/20/2026Yahoo Finance
7/20/2026Yahoo Finance
7/20/2026
Price ~$141, close to the low of the 52-week range ($135.20-$417.86, approx -66% from the peak).
Severely degraded price - entry decision to be evaluated based on the outcome of the class action.
7/19/2026Yahoo Finance
7/19/2026
Stock down ~65% from its January 2026 peak. Initial cause: loss of the SCAR/BADGER contract (Space Force, terminated for convenience).
Primary trigger for the decline.
7/17/2026GlobeNewswire
7/16/2026Investing.com France
7/16/2026GlobeNewswire
7/16/2026GlobeNewswire
7/15/2026S - Sale transaction of -300 shares at $143.00
7/15/2026S - Sale transaction of -248 shares at $143.00
7/8/2026Zonebourse
7/2/2026XTB.com
7/2/2026Invezz
6/30/2026Zonebourse Suisse
6/22/2026
Restatement: $89.4 million underestimation of operating losses, material weakness in internal controls revealed.
Serious governance signal, distinct from a simple bad quarter
6/15/2026S - Sale transaction of -250 shares at $174.41
5/15/2026S - Sale transaction of -250 shares at $162.31
4/15/2026S - Sale transaction of -250 shares at $197.29
3/3/2026boursedirect.fr
4/28/2021DARPA RESEARCH PROJECT.
3/23/2021SWITCHBLADE CONTRACTOR LOGISTIC SERVICES
4/30/2020FY20-22 SWITCHBLADE HARDWARE PRODUCTION
3/16/2018FMS EGYPT - PUMA AE II SYSTEMS AND SUPPORT WITH CLS AND NEW EQUIPMENT TRAINING CASE #EG-B-VHL
8/3/2017IGF::OT::IGF PURCHASE OF CONTRACTOR LOGISTICS SUPPORT FOR THE SWITCHBLADE MISSILE SYSTEM IN FISCAL YEAR 2017. THE SERVICES INCLUDE REPAIR AND MAINTENANCE OF INERT TRAINING VEHICLES AND FIELD SUPPORT REPRESENTATIVES.
Class action
Norrell v. AeroVironment. Lead plaintiff procedural deadline: 07/27/2026 (purely administrative).
Monitor the appointment of the lead plaintiff followed by AVAV's response in the following months
Donnees EDGAR 10-Q/A
Goodwill $2.37B = 44% of total assets. Finance backlog $1.12B. Operating cash flow -$173.9M over 9 months.
Balance sheet structure with structural risk beyond legal risk alone