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Why AeroVironment Stock Dropped Today

TheMotleyFool 
0 0 11.03.26
Why AeroVironment Stock Dropped Today: https://g.foolcdn.com/editorial/images/860271/quadcopter-drone-stuck-in-a-tree.jpg
 

(NASDAQ: AVAV) stock slipped 5% through 11:05 a.m. ET Wednesday after missing on earnings last night.

Analysts forecast the maker of military drones would earn $0.72 per share on sales of $483.9 million in its fiscal Q3 2026. In fact, AeroVironment earned only $0.64 per share, and sales fell far short of expectations: $408 million.

Image source: Getty Images.

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Source Fool.com

Aerovironment Stock

€175.95
6.660%
A very strong showing by Aerovironment today, with an increase of €11.00 (6.660%) compared to yesterday's price.
The stock is one of the favorites of our community with 59 Buy predictions and 1 Sell predictions.
With a target price of 270 € there is a hugely positive potential of 53.45% for Aerovironment compared to the current price of 175.95 €.
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