AeroVironment Receives Mixed Analyst Ratings as Q1 Revenue Rises
Analysts issued mixed ratings for AeroVironment: one sell rating, two holds, nineteen buys, and two strong buys, with a consensus “Moderate Buy.” Jefferies lowered its price target to $229, while the company reported fiscal first-quarter revenue of $480.5 million, up 6% and about $24 million above estimates. Concerns remain that full-year revenue guidance may not clear the $2.2 billion consensus. CAO Brian Shackley sold 205 shares and insiders sold 705 shares over 90 days.
Coverage (3)
- AeroVironment, Inc. $AVAV Holdings Increased by Hsbc Holdings PLC (marketbeat.com)
- AeroVironment (NASDAQ: AVAV) Narrows Losses And Grows Revenue In Q1 As Full-Year Guidance Points To $2.2B (foreignpolicyjournal.com)
- AeroVironment, Inc. (NASDAQ:AVAV) Given Average Recommendation of "Moderate Buy" by Analysts (marketbeat.com)