Why AeroVironment Stock Fell Today
Shares of AeroVironment (NASDAQ: AVAV) declined more than 12% on Wednesday after the unmanned aerial vehicle manufacturer's earnings fell short of investors' expectations.
Image source: Getty Images.
AeroVironment's revenue soared 151% year over year to $472.5 million in its fiscal second quarter ended Nov. 1. The gains were fueled by the defense contractor's acquisition of BlueHalo, a provider of space technology and autonomous systems, in May.
Source Fool.com
Aerovironment Stock
€207.50
6.120%
With 46 Buy predictions and not a single Sell prediction Aerovironment is an absolute favorite of our community.
As a result the target price of 280 € shows a positive potential of 34.94% compared to the current price of 207.5 € for Aerovironment.
