AeroVironment (AVAV) reached $264.63 at the closing of the latest trading day, reflecting a -6.05% change compared to its last close.

/PRNewswire/ -- USA News Group News Commentary - The U.S. Department of Defense recently requested $66 billion in IT spending for its fiscal 2026, signalling a

AeroVironment's counter-drone technology made headlines last week. One Wall Street analyst initiated coverage with a buy rating and defended the stock's pricey valuation.

AeroVironment is poised for accelerated growth, driven by defense spending, the BlueHalo acquisition, and successful deployment of its LOCUST laser system. AVAV's $4.1B BlueHalo merger expands its portfolio to space tech and directed energy, targeting $2B revenue and operational efficiencies. With a $1.1B funded and $3B unfunded backlog, AVAV has 93% revenue visibility for 2026, supporting a fair value estimate of $290 per share.

ARLINGTON, Va.--(BUSINESS WIRE)---- $AVAV #AVAV--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) will participate in the upcoming Citizens Technology Conference in San Francisco, California. AV Executive Vice President and Chief Financial Officer Kevin McDonnell will take part in a fireside chat on March 2 at 6:30 p.m. ET | 5:30 p.m. CT | 3:30 p.m. PT. The fireside chat will be webcast live at the times listed above and archived on AV's website at the link below: https://event.summitcast.com/view/T4CQTTCBJdGa9nQQkYN.

AeroVironment is upgraded from hold to buy after a 30% share price correction creates compelling upside potential. The operational deployment of the LOCUST counter-drone system validates AVAV's BlueHalo acquisition and strengthens its position in high-growth defense tech. Despite a mixed EPS track record, AVAV is expected to deliver strong revenue and free cash flow growth, especially post-BlueHalo integration.

Analysts at JPMorgan Chase forecast robust sales growth for AeroVironment's autonomous systems. Investors who buy AeroVironment's stock now could enjoy gains of over 20%.

Investors interested in stocks from the Aerospace - Defense Equipment sector have probably already heard of CAE (CAE) and AeroVironment (AVAV). But which of these two companies is the best option for those looking for undervalued stocks?

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AeroVironment, Inc. (NASDAQ: AVAV - Get Free Report)'s stock price was down 7.5% on Wednesday following insider selling activity. The stock traded as low as $236.36 and last traded at $243.42. Approximately 1,589,912 shares were traded during trading, a decline of 7% from the average daily volume of 1,718,383 shares. The stock had previously closed at