AeroVironment Inc (NASDAQ:AVAV) is a prominent player in the defense technology sector, known for its innovative unmanned aircraft systems and tactical missile systems. The company competes with other defense tech firms like Karman Space & Defense and Kratos Defense & Security Solutions Inc. Recently, Brian Gesuale from Raymond James set a new price target for AVAV at $348, indicating a potential increase of 10.62% from its trading price of $314.60 on September 29, 2025.
RBC Capital Markets analysts share a positive outlook on defense tech stocks, including AVAV. They have increased their target price for AVAV to $330 from $300, reflecting confidence in the company's growth prospects. This optimism is driven by key programs like Golden Dome and space communications, which are expected to contribute significantly to the sector's strength.
Despite potential risks such as a government shutdown affecting bookings and cash flow in the fourth quarter of 2025, RBC analysts believe that the underlying demand for defense technology remains strong. They expect investor sentiment to continue favoring companies like AVAV, Karman, and Kratos, which are well-positioned to benefit from robust demand drivers.
Currently, AVAV's stock is priced at $316.18, marking an increase of approximately 4.97% or $14.98. The stock has fluctuated between a low of $308.40 and a high of $316.70 today, with the latter being its highest price over the past year. The lowest price for AVAV in the past year was $102.25, highlighting its significant growth.
AVAV has a market capitalization of approximately $15.79 billion, indicating its substantial presence in the defense tech industry. With a trading volume of 518,412 shares on the NASDAQ exchange today, the stock continues to attract investor interest, supported by the positive outlook from analysts and the company's strong market position.
