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AeroVironment Rises 6% as Post-Earnings Recovery Outpaces Drone Group; Ondas Ticks Up, Red Cat Barely Budges
24/7 Wall St.10d agoneutral
AeroVironment Rises 6% as Post-Earnings Recovery Outpaces Drone Group; Ondas Ticks Up, Red Cat Barely Budges

AeroVironment (NASDAQ:AVAV) 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 fiscal first-quarter results reported earlier this month. The gain still leaves AeroVironment shares down 36% year to date. Ondas (NASDAQ:ONDS) stock is rising 2% to $7.37 on […]

AeroVironment Q1 Earnings Call Highlights
MarketBeat15d agoneutral
AeroVironment Q1 Earnings Call Highlights

AeroVironment (NASDAQ:AVAV) reported record first-quarter fiscal 2027 revenue and funded backlog, while reaffirming its full-year outlook as it expands production capacity for uncrewed systems, loitering munitions and counter-drone technologies. Revenue for the quarter totaled $480 million, accordi

AeroVironment Stock Jumps. There Is Still Growth for Drones.
Barrons.com15d agobullish
AeroVironment Stock Jumps. There Is Still Growth for Drones.

FEATURE Quarterly results from drone maker AeroVironment were a relief for investors. There is still growth for defense contractors selling drones and drone-related tech. AeroVironment announced fiscal first quarter 2027 earnings of 59 cents a share from sales of $480.

Investing.com15d agobullish
AeroVironment surges 4% on Q1 earnings beat

Investing.com -- AeroVironment Inc (NASDAQ:AVAV) reported first quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.59, beating the consensus estimate of $0.30 by $0.29. Revenue reached a record $480.5 million, surpassing the analyst estimate of $459.89 million and representing a 6% increase from $454.7 million in the same quarter last year.

Drone Maker Stocks Are Tanking. Why a New Tariff Isn’t Boosting the Sector.
Barrons.com21d agoneutral
Drone Maker Stocks Are Tanking. Why a New Tariff Isn’t Boosting the Sector.

The Trump administration is determined to bring manufacturing activity back to the U.S., and tariffs are one of its important tools. In mid-August, President Donald Trump announced a 100% tariff on certain drones and their components to take effect on Sept. 3, 21 days later. “We view the move as positive for domestic producers,” wrote Jefferies analyst Sheila Kahyaoglu at the time, noting that AeroVironment AEVEX Teledyne Technologies Redwire Kratos Defense & Security Solutions and Elbit Systems could benefit.

Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers
Bloomberg41d agoneutralVIDEO
Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers

On this episode of Stock Movers: Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components. Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year. Gemini Space Station (GEMI) fell as the crypto platform's earnings report faced crypto market headwinds and a wider-than-expected adjusted Ebitda loss. Reddit (RDDT) climbed on the news that the stock is set to be included in the S&P 500 index.

Drone Stocks Jump After Trump Targets Imports With Tariffs
The Wall Street Journal41d agobullish
Drone Stocks Jump After Trump Targets Imports With Tariffs

U.S. drone stocks are climbing premarket after the White House said it would levy tariffs on drones deemed to pose a national-security threat. Among the stocks taking off is a company backed by Donald Trump, Jr. President Trump imposed 100% tariffs on drones with a maximum takeoff weight of more than 25 kilograms as well as those with thermal imaging capabilities and some critical components.