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
Unusual Machines Sinks 12%, Red Cat Tumbles 10% as High-Beta Drone Stocks Slide; Ondas Drops 9%, AeroVironment Falls 6%
Drone defense stocks are among the hardest-hit corners of a risk-off market. Unusual Machines (NYSEAMERICAN:UMAC) stock trades at $15.27, down 12% on the day. That compares with a $17.28 close for Unusual…
Drone Stocks Rally as High-Beta Small Caps Lead: Red Cat Jumps 10%, Ondas Climbs 8%, AeroVironment Ticks Up
Drone stocks are rallying unevenly, with the smallest and most volatile names capturing the bulk of the gains while the sector’s larger player lags behind. Red Cat Holdings (NASDAQ:RCAT) stock is at…
Red Cat Jumps 8% on Cash Offer for Steyr Motors; AeroVironment and Kratos Edge Higher
A cash offer for Austrian engine maker Steyr Motors is sending shares of Red Cat Holdings (NASDAQ:RCAT) sharply higher as the drone maker moves further into propulsion. Red Cat stock is at…
Ondas Retreats 6% Despite Regna AI Launch With Palantir; AeroVironment Drops 3%, Kratos Slips
Ondas Inc. (NASDAQ:ONDS) stock is at $6.32, down 6% in afternoon trading, days after the company unveiled a defense AI venture with Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction). That latest drop…
Ondas Falls 5% as Defense Orders Pile Up Without Lifting Shares; AeroVironment Slips, Kratos Edges Higher
Fresh defense orders and a string of acquisitions haven’t been enough to lift Ondas (NASDAQ:ONDS) shares. Ondas stock is at $6.86, down 5% in afternoon trading. Year to date, Ondas stock is…
AeroVironment Is Now Down 43% This Year. Is It Time to Sell This Dropping Drone Stock?
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…
Ondas Falls 5% Despite $165 Million in New Orders; AeroVironment and Red Cat Drop 5%
A burst of new business at Ondas Inc. (NASDAQ:ONDS) is running straight into a sector-wide selloff. Ondas stated it secured more than $165 million in aggregate new orders since its last update,…
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.
Ondas Holdings carries a valuation that rivals an established defense prime, yet its financials tell a very different story. Before retirement investors treat these two drone stocks as comparable bets, the gap…
Which Drone Stock Is Dominating in 2026: Red Cat, Ondas, or AeroVironment?
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.…
Unusual Machines Tumbles 8% Despite Pentagon’s Autonomous Warfare Push; AeroVironment Eases, Red Cat Pulls Back
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…