BTIG Reiterates Buy on AeroVironment, Inc. (AVAV) with $415 Price Target Amid Strong Analyst Consensus

AeroVironment, Inc. (NASDAQ:AVAV) is one of the best industrial stocks to buy according to Wall Street analysts. AeroVironment, Inc. (NASDAQ:AVAV) commands a Strong Buy consensus rating from 15 Wall Street analysts. The average price target on the stock is $389.57% implying 37.49% upside potential from current levels of $284.05 a share.

On December 2, the company unveiled the next phase of its AV_Halo unified mission software platform. AV_Halo CORTEX is the next-generation intelligence fusion and analysis environment, and AV_Halo MENTOR is the warfighter readiness suite that spans immersive virtual and/or augmented reality (VR/AR) weapons training and mission rehearsal.

The new platform is designed to unify multi-domain command and control, AI-enhanced intelligence, and autonomous targeting into a single, open-standard ecosystem. The integration of CORTEX and MENTOR should enable deeper intelligence fusion and more sophisticated operators’ awareness.

“CORTEX and MENTOR extend AV_Halo’s role as the connective tissue across missions—fusing global information, AI-powered analytics, and immersive training into a single ecosystem that helps warfighters outpace threats, reduce risk, and make better decisions at mission speed,” said Wahid Nawabi, AV Chairman, President, and Chief Executive Officer.

On December 5, AeroVironment, Inc. appointed Milancy Harris as Vice President and Chief Security Officer. Harris previously served as Acting Under Secretary of Defense for Intelligence and Security and has held senior positions across major national security agencies, along with private sector experience at Meta. She will guide the company’s security strategy across all operations.

Meanwhile, on November 25, Andre Madrid from BTIG reiterated that AeroVironment is a Buy with a $415 price target.

AeroVironment, Inc. (NASDAQ:AVAV) is a defense technology leader creating intelligent, multi-domain robotic systems, including drones (UAS), loitering munitions, and ground vehicles, for defense, government, and commercial use, providing advanced solutions for surveillance, reconnaissance, and strike, leveraging AI, software, and connectivity for situational awareness and mission success in air, land, sea, space, and cyber.

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Disclosure: None. This article is originally published at Insider Monkey.