AeroVironment Stock News

AeroVironment Inc (NASDAQ: AVAV) is trading higher Thursday following reports the U.S. will send drones to Ukraine. As part of the Biden administration's new $800 million weapons package, the U.S. i

Thursday brought more gains to the tech-heavy index.

The company's Switchblade drone is reportedly part of the aid package heading to Ukraine.

Stock in defense supplier AeroVironment is jumping Wednesday as President Biden said the U.S. will drones to help Ukraine defend against the Russian invasion.

These are the stocks posting the largest moves in midday trading.

Stock in defense supplier AeroVironment is jumping Wednesday as President Biden said the U.S. will drones to help Ukraine defend against the Russian invasion.

AeroVironment <> shares fly high in early trading following an NBCNews report that the Biden administration is considering providing Ukraine with the company''s Switchblade…

US Mulls Sending New "Switchblade" Kamikaze Robot Drone To Ukraine An advanced US-made killer drone that acts as a guided ''smart'' missile capable of locking in on targets including tanks and artillery from miles away is on the table among options that the White House is considering authorizing to be sent to Ukraine''s military to fight the Russian invasion . The AeroVironment manufactured "Switchblade" drones are already in use by US Special Operations Command and act essentially as "robotic smart bombs" - as in they are one-use only ''kamikaze drones'' - but are ultra low priced compared to larger conventional drones in the Pentagon arsenal, with the smaller version of the drone costing as little as $6,000. Image source: AeroVironment No decisions have been made yet, stresses NBC which first reported the potential plan to transfer Switchblade drones to Kiev, which if going through would mark the first publicly acknowledged use of the robotic small drone on a major battlefield. The report notes the Switchblade saw limited use in Afghanistan, but that it wasn''t disclosed officially by the Pentagon at the time - only in some media reports.

Geopolitical conflict often stokes upside for aerospace and defense stocks, and Russia's invasion of Ukraine is having that predictable impact. Check out the Invesco Aerospace & Defense ETF (PPA).

RBC Capital analyst Ken Herbert raised the price target on AeroVironment, Inc. (NASDAQ: AVAV ) to $70 (4% downside) from $65 and maintained a Sector Perform rating on the shares after its Q3 earnings. The analyst states that while fundamentals appear to be improving for the company, the results also highlighted continued budget and supply chain risk, warning that the stock could give back some of its recent gains. Canaccord Genuity analyst Ken Herbert upgraded AeroVironment from Hold to Buy. Recently , AeroVironment

AeroVironment <> slips from YTD highs after reporting a widening quarterly loss, but Canaccord Genuity upgrades shares to Buy from Hold with an $85 price target, raised from…

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Analysts have provided the following ratings for AeroVironment (NASDAQ: AVAV ) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 2 0 0 In the last 3 months, 4 analysts have offered 12-month price targets for AeroVironment. The company has an average price target of $66.25 with a high of $70.00 and a low of $64.00. Below is a summary of how these 4 analysts rated AeroVironment over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock … Full story available on Benzinga.com

AVAV earnings call for the period ending December 31, 2021.