AeroVironment(AVAV)
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AeroVironment's $1B Contract Win Boosts Its Outlook (Rating Upgrade)
Seeking Alpha· 2024-08-28 18:06
alxpin/E+ via Getty Images Investment Thesis Drone-maker AeroVironment, Inc. (NASDAQ:AVAV) recently won a big military contract from the U.S. Army worth over a billion dollars, which changes the outlook for the Simi Valley, CA-based company. This is a record deal for AeroVironment since most contract values for the military drone maker usually land in the millions range. The scope of the contract also implies that it could boost not just the overall growth rate of the company due to the size of the contract ...
Why AeroVironment Stock Just Jumped 16.5%
The Motley Fool· 2024-08-28 15:05
The drone maker just won its biggest Army contract ever.AeroVironment (AVAV 14.07%) stock took off like a rocket Wednesday morning, rising by 16.5% through 10:15 a.m. ET, after the Pentagon announced the company's single biggest contract win ever.The news led Tuesday night's press release listing the biggest Defense Department contracts awarded that day: $990 million awarded to AeroVironment "to provide an organic, stand-off capability to dismounted infantry formations capable of destroying tanks, light arm ...
AeroVironment (AVAV) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-08-27 23:16
In the latest trading session, AeroVironment (AVAV) closed at $177.76, marking a +0.21% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq increased by 0.16%.Coming into today, shares of the maker of unmanned aircrafts had gained 1.28% in the past month. In that same time, the Aerospace sector gained 2.37%, while the S&P 500 gained 2.97%.The investment community will be p ...
AeroVironment (AVAV) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-08-19 23:17
The most recent trading session ended with AeroVironment (AVAV) standing at $189.80, reflecting a -0.34% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1.39%.Prior to today's trading, shares of the maker of unmanned aircrafts had gained 15.96% over the past month. This has outpaced the Aerospace sector's gain of 5.45% and the S&P 500's loss of 1.85% in t ...
AeroVironment (AVAV) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-08-13 23:15
The most recent trading session ended with AeroVironment (AVAV) standing at $181.52, reflecting a +1.95% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 1.69% for the day. Elsewhere, the Dow saw an upswing of 1.04%, while the tech-heavy Nasdaq appreciated by 2.43%.Coming into today, shares of the maker of unmanned aircrafts had gained 2.23% in the past month. In that same time, the Aerospace sector gained 5.04%, while the S&P 500 lost 4.78%.The inve ...
AeroVironment (AVAV) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-29 23:15
The most recent trading session ended with AeroVironment (AVAV) standing at $175.15, reflecting a +0.77% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq increased by 0.07%.Coming into today, shares of the maker of unmanned aircrafts had lost 4.58% in the past month. In that same time, the Aerospace sector gained 4.32%, while the S&P 500 lost 0.21%.Investors will be e ...
3 Defense Stocks to Buy as the Geopolitical Temperature Rises
Investor Place· 2024-07-25 10:00
Like it or not, defense stocks have always been an important sector of the market. Some might make the argument that it’s the most important segment. Essentially, while the subject is controversial, free societies must establish mechanisms to keep honest people honest. The threat of extreme violence is what has kept the peace. But that paradigm may soon change.I really laid out the case for defense stocks in a TipRanks article I wrote recently. Essentially, a strong case can be made that Donald Trump and th ...
AeroVironment (AVAV) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-23 23:20
AeroVironment (AVAV) closed the latest trading day at $171.52, indicating a +1.84% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.06%.Shares of the maker of unmanned aircrafts have depreciated by 11.59% over the course of the past month, underperforming the Aerospace sector's loss of 1.18% and the S&P 500's gain of 1.96%.Market participants will be closely fo ...
AeroVironment: Flying Under The Radar
Seeking Alpha· 2024-07-22 15:53
gremlin/E+ via Getty Images Shares of AeroVironment (NASDAQ:AVAV) have been on fire in recent years, being a real upcoming player in a somewhat stable defense environment. The unmanned vehicle producer has been on fire in recent years, as its products are really upcoming in the defense industry and used in global battlefields. I like the track record of the business and its positioning, but fear that commanding valuations do not result in a very compelling risk-reward situation here, as there is quite some ...
3 AI Stocks to Dump in July Before They Plummet
Investor Place· 2024-07-17 10:12
Knowing the dynamics of AI stocks is increasingly crucial as the technology continues to integrate across industries. As the market enters July, evaluating AI-focused companies’ performance and potential pitfalls becomes paramount. Here are three companies grappling with distinct challenges amidst their AI-driven strategies. The weakening fundamentals may lead to a massive downfall in their market valuations.The first company renowned for its enterprise AI solutions faces a pivotal shift from traditional li ...