AeroVironment Rebounds in Early 2026 as Analysts Stay Bullish Despite December Setback

Overview

• AeroVironment shares fell 13% in December after a second-quarter earnings miss and a cut to full-year adjusted EPS guidance to $3.40–$3.55.
• Quarterly revenue rose 151% to $472.5 million, boosted by the BlueHalo acquisition, with organic revenue up 21% and funded backlog growing to $1.1 billion.
• The company posted a GAAP operating loss tied to the BlueHalo deal as adjusted EPS came in at $0.44 versus a $0.79 consensus.
• Shares recovered late in the month following bullish research commentary and an FCC move banning some foreign drones that favored domestic suppliers.
• The stock is up about 31% through Jan. 7, 2026, as analysts highlight product momentum and backlog, with KeyBanc at $285 (Overweight) and Bank of America at $450 (Buy), even as they flag task order timing, margin pressure, and BlueHalo integration risks; after-hours gains followed the president’s tweet urging a larger 2027 defense budget.