For the fourth quarter of fiscal 2026, analysts expect AeroVironment to report consensus revenue of $563.14 million (+104.7% YoY) and EPS of $1.53, while the stock currently trades at $136.68 against an average price target of $308.94.
Investors are primarily focused on the recovery of gross margins following a significant dip in the previous quarter and a recent $89 million financial restatement related to goodwill impairment. The massive triple-digit revenue surge reflects the successful integration of BlueHalo and robust demand for Switchblade loitering munitions under the U.S. Army's LASSO program.
However, recent stock volatility underscores concerns over litigation risks and the complexity of scaling production capacity to meet record $1.1 billion backlog requirements for fiscal 2027.