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AeroVironment Draws Consensus Buy as BTIG Reaffirms $415 Target and Piper Starts at $391

Analysts see multi-product revenue potential tied to expanding U.S. procurement.

Overview

  • As of November 26, Wall Street lists AeroVironment with a consensus Buy and a one‑year average price target of $404, implying roughly 45% upside.
  • BTIG reiterated its Buy rating with a $415 target on November 24 after a management meeting and site visit.
  • Piper Sandler initiated coverage with an Overweight rating and a $391 target, adding to the bullish sell‑side stance.
  • BTIG highlights expected demand aligned with U.S. priorities in counter‑drone technology, cybersecurity, and space under the current administration.
  • The firm points to BADGER and Switchblade as product lines that could generate well over a billion dollars in revenue, while the stock is up more than 81% year to date.