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.
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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
Ondas Falls 5% as Defense Orders Pile Up Without Lifting Shares; AeroVironment Slips, Kratos Edges Higher
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A restatement at AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) is the easiest explanation for a hard year. However, two drone and defense peers that never restated anything have fallen right alongside the…
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Ondas Climbs 5% on $56M Precision Strike Order as Citizens Starts Coverage; AeroVironment Barely Budges
A single component order is doing more for Ondas Inc. (NASDAQ:ONDS) than a firm background for drone and defense names is doing for the rest of the group. Ondas stock is at…
Ondas Is Priced Like a Defense Contractor. AeroVironment Actually Is One.
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Drone stocks entered 2026 with rising defense demand for autonomous systems, counter-drone protection and domestic supply chains behind them, yet the best-known names in the group have spent the year moving backward.…
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The Pentagon gave drone suppliers the autonomous warfare headline they had waited for all year, yet Unusual Machines (NYSEAMERICAN:UMAC) shares are falling hard on the news. Unusual Machines stock is at $22.44,…
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
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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.