Overview
- AeroVironment posted adjusted EPS of $0.44 versus the $0.78 consensus, while revenue reached $472.51 million, topping estimates and rising from $188.46 million a year ago.
- The company lowered fiscal 2026 adjusted EPS guidance to $3.40–$3.55 and raised its revenue outlook to $1.95–$2.00 billion.
- Shares fell 5.98% to $281.42 in after-hours trading following the earnings release and guidance revision.
- The company disclosed an $874 million, five‑year U.S. Army IDIQ for unmanned aerial and counter‑UAS systems supporting foreign military sales, and the stock rose 1.5% the prior session.
- CEO Wahid Nawabi cited record Q2 results and all‑time high bookings, while analysts remained broadly positive, with BTIG reiterating a Buy rating and a $415 price target and RBC trimming its target to $400.