On September 14, AeroVironment rose 5.5% in regular trading, trading at $154.18/share, with turnover of $143 million. The stock staged a recovery bounce as the market continued to digest the company's blowout FY27 Q1 earnings and subsequent analyst price target adjustments.
AeroVironment reported FY27 Q1 adjusted EPS of $0.59, surpassing the consensus estimate of $0.24 by 136%. Revenue reached a record $480.5 million, up 6% year-over-year. First-quarter orders totaled $700 million with a book-to-bill ratio of 1.4x, while funded backlog hit an all-time high of $1.5 billion. Multiple analysts revised their price targets upward following the results, with UBS raising its target to $170 from $166 while maintaining a Neutral rating. The average analyst price target stands at approximately $225.89 with a Buy consensus.
The stock had surged over 11% on September 10 before pulling back 5.06% on September 11, as investors weighed the FY27 full-year adjusted EPS guidance midpoint of $3.18 coming in slightly below the Street's $3.23 estimate. The current move appears to reflect a stabilization after the post-earnings volatility.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)