Key Stats for AeroVironment Stock
- Price change for AeroVironment stock in last 6 months: -39%
- $AVAV Stock Price as of Aug. 20: $160
- 52-Week High: $418
- $AVAV Stock Price Target: $226
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
AeroVironment (AVAV) stock ticked up around 1% overnight heading into Friday after the defense technology company announced a new joint venture in Europe.
AeroVironment is teaming up with Athens-based Eyeonix SA to form AV Eagle, a partnership designed to build a local manufacturing presence in Greece for drones and related defense systems.
The two companies have worked together for more than a decade, and Greece’s Ministry of Foreign Affairs has just approved foreign investment in the new venture.
AV Eagle is expected to create a Greek manufacturing site that can produce unmanned aerial vehicles, loitering munitions, and counter-drone systems. Production is expected to begin in 2028, serving customers not just in Greece but across other European markets.
AeroVironment will own a majority stake in AV Eagle and include its financial results in the company’s own statements. Operations are expected to kick off in fiscal 2027, setting the stage for more investment and local manufacturing as demand grows.
CEO Wahid Nawabi said the security situation in Europe has created unprecedented demand for reliable autonomous systems, and that this venture is meant to build long-term industrial capacity in the region while supporting NATO partners.
Eyeonix CEO George Strouzakis echoed that sentiment, pointing to the need for scalable, sovereign drone and counter-drone capabilities along the EU’s eastern flank given rising geopolitical tensions.
This announcement comes after a huge year for AeroVironment stock. The company just closed out a fiscal year with revenue topping $1.97 billion, more than double the prior year.
That growth was driven largely by the integration of its BlueHalo acquisition combined with surging global demand for uncrewed systems.
Looking further out, AeroVironment laid out ambitious targets at its investor day last month. Management expects revenue to climb to somewhere between $3.5 billion and $4 billion by fiscal 2030, which works out to 15% to 20% annual organic growth.
To support that growth, the company plans to keep investing heavily in research and development, targeting 7% to 9% of revenue toward new technology.
See analysts’ growth forecasts and price targets for AeroVironment stock (It’s free) >>>
What the Market Is Telling Us About AeroVironment Stock
The modest but positive move in AeroVironment stock suggests investors see this European expansion as a smart, measured step rather than a game-changing catalyst on its own.
Still, it fits neatly into the bigger growth story management has been telling.
Building local manufacturing in Greece positions AeroVironment stock to capture more of Europe’s growing defense spending, especially as countries near Russia’s border look for reliable, sovereign drone capabilities.
Combined with the company’s explosive revenue growth over the past year and its bold multi-billion dollar target for 2030, this venture reinforces the idea that AeroVironment stock is riding a genuine long-term demand wave in defense technology, not just a short-term spike tied to any single conflict or contract.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does AeroVironment Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
