Why AeroVironment Stock Is Losing Altitude in After-Hours Trading

Core Viewpoint - AeroVironment's stock is experiencing a decline in after-hours trading due to disappointing financial results for Q2 2026 and a downward revision of guidance for fiscal 2026 [1][6]. Financial Performance - AeroVironment reported Q2 2026 revenue of $472.5 million, reflecting a 151% year-over-year increase, surpassing analysts' estimates of $465.6 million [7]. - The company posted adjusted diluted earnings per share (EPS) of $0.44, which is a 6.4% decrease year-over-year, falling short of analysts' expectations of $0.79 [4]. Market Reaction - As of 4:50 p.m. ET, shares of AeroVironment are down 4.7% from their closing price of $281.42 at 4:00 p.m. [2]. - The stock's current price is $281.42, with a market capitalization of $14 billion [5]. Future Outlook - Management has revised its guidance for adjusted diluted EPS for fiscal 2026 to a range of $3.40 to $3.55, down from the previous projection of $3.60 to $3.70 [6]. - Despite the stock's decline, the company is expected to continue strong revenue growth in fiscal 2026, suggesting potential long-term investment opportunities [7].