Funded backlog hit a record $1.5 billion, up 37% year over year, and the drone maker came in at more than double expectations after sliding 4.7% into the earnings report. Autonomous Systems revenue grew 21%, enough to cover a 21% drop in space, cyber and directed energy, with full-year guidance reaffirmed.
Latest Activity
Down 4.65% to $141.86 hours before the defense-drone maker reports earnings today, so the position you hold into the close is a bet made blind. Guidance is the number that decides the next leg.
AeroVironment reports at 4:10 PM ET today, and the number that matters is the backlog: it tells you whether Pentagon drone and loitering-munition budgets are actually converting into signed orders for the $7.6 billion defense name. Guidance will set the tone for the whole small-cap drone trade.
AVAV Coverage
Red Cat Sinks 6% as Speculative Drone Names Extend Month-Long Slide; Unusual Machines Drops 4%, AeroVironment Barely Budges
Speculative drone stocks are extending a month-long drift lower Wednesday morning, and the shape of the session is doing most of the talking. The REX Drone ETF (NASDAQ:DRNZ) is up 0.3% to…
AeroVironment Rises 6% as Post-Earnings Recovery Outpaces Drone Group; Ondas Ticks Up, Red Cat Barely Budges
AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) stock is up 6% to $155.22 midday Monday, extending a post-earnings recovery the rest of the drone group hasn’t joined. The move follows the defense contractor’s…
AeroVironment CEO: “$10-Per-Shot Laser Beats $150,000 Drones” — But Stock Keeps Falling
AeroVironment just landed the first-ever production contract for directed-energy weapons in U.S. military history, yet the stock has collapsed nearly 41% over the past year. Something about this story does not add…
Jim Cramer Said Stay Away From This Drone Stock a Week Before Its Biggest Earnings Beat in Years
Jim Cramer publicly warned investors away from AeroVironment just one week before the drone and laser maker dropped a report that forced everyone to rethink the competition story he called too dangerous…
AeroVironment Rises 5% on First International LOCUST Laser Order, Unusual Machines Holds Steady, Ondas Slips
AeroVironment just landed a milestone international order for a laser weapon that costs under $10 per shot to fire, and the stock is moving while the rest of the drone sector sits…
Live: Can AeroVironment’s Q1 Earnings Tonight Reverse Today’s 4.7% Slide?
AeroVironment heads into its Q1 earnings report down sharply on the day and nearly 42% year to date, with a slashed EPS bar and a $1.5 billion SCAR backlog wipeout weighing on…
Drone Stocks Slide as Risk-Off Sentiment Hits High-Beta Names: AeroVironment Sinks 4%, Red Cat Drops 3%, Ondas Eases
Drone stocks are bleeding out on a day with zero company-specific news, raising a question that cuts to the heart of the sector: do record backlogs and billion-dollar bookings matter when risk-off…
AeroVironment Rises 6% on $464.8M Army Laser Award, Unusual Machines and Red Cat Tick Up
The U.S. Army just crossed a threshold it has never crossed before, and one battered defense stock is suddenly the center of a sector-wide scramble to figure out what comes next.
Ondas Drops 6% as Risk-Off Selling Cascades Through Drone Names, Red Cat Slides 3%
Something unusual is happening across drone stocks this Tuesday morning, and the pattern of declines reveals exactly what kind of market day this is and who gets hurt most when risk appetite…
Unusual Machines Jumps 8%, Ondas Holdings Rises 6% as Risk Appetite Returns to Drone Stocks
Drone stocks whipsawed again this morning, but the bounce reveals something more useful than a simple reversal. The same force that crushed the group Monday is now lifting it, and the order…
Drone Stocks Slide as Risk Appetite Fades: Unusual Machines Tumbles 9%, Red Cat Falls 7%, Ondas Declines 5%
Drone stocks are cratering Monday at five times the rate of the broader tech market, and not one of these companies reported a single piece of bad news. The reason behind the…
Archer Aviation Has a New $200 Million Reason to Get Excited
Archer Aviation just struck a deal with Boeing that could transform it overnight from a money-burning startup into a defense contractor with serious revenue, but the clock is ticking and the risks…
Drone Stocks See Limited Losses Tuesday During Nasdaq Sell-Off: Red Cat, Ondas Flat While AeroVironment Tumbles
While AI hardware stocks cratered on Tuesday and the Nasdaq bled red, a handful of drone names barely flinched. Here is why their revenue stream insulates them from the chaos hammering the…
Unusual Machines Soars 22%, Red Cat Climbs 8%, Ondas Gains 4% on Trump’s 100% Drone Tariff
Trump just signed a proclamation slapping steep tariffs on imported drones, and the winners inside the sector are not who most investors expected. Here is why the reaction splits so sharply across…
Ondas Drops 7% After Earnings. Is Their Post-Earnings Drop Impacting Other Drone Stocks?
Ondas raised its revenue outlook and still got punished, breaking a monthlong winning streak in a sector where every drone name is now watching its back. The selloff raises a pointed question…