AEVEX Corp.
AEVEX is a defense technology contractor supporting U.S. unmanned aerial systems missions. Its Tactical Systems segment designs and builds autonomous unmanned aircraft and surface vehicles, as well as related mission equipment. Global Solutions provides tailored services such as AI-assisted airborne intelligence, surveillance and reconnaissance, counter-UAS capabilities, additive manufacturing, and engineering, modification, and testing for specialized aircraft. The company is based in Solana Beach, California.
No SEC Form 4 filings for $AVEX in the last 30 days.
See all $AVEX insider activity →Needham kept AEVEX's rating at Buy but reduced its price target from $45 to $30, a 33.3% cut. This implies a 147.3% upside from the Nov 11 close of $12.13. Other recent analyst targets for AEVEX range from $15 to $22.
Piper Sandler kept its Neutral rating on AEVEX but increased its price target to $15 from $13, suggesting a 23.7% upside from the last close of $12.13. Recent analyst targets for AEVEX range from $13 to $22.
AEVEX reported Q3 2026 revenue of $189.7M, up 56.5% YoY, with core business revenue surpassing Ukraine-related revenue. Adjusted EBITDA rose to $30.8M, and the company raised full-year guidance. Shares gained 4.57% to $12.13 during trading and 10.33% after hours. The growth was driven by the Airborne Systems business and the acquisition of BlackSea Technologies, which expanded into Maritime Systems. The company's backlog grew to $1.5B, with $855M in near-term revenue visibility.
Over the past 7 days, AlphAI's AI scored 7 news stories mentioning AVEX (AEVEX Corp.). Coverage has skewed bullish: 4 bullish, 1 neutral, and 2 bearish.
Recent AVEX coverage spans financial news, market movers and earnings.
Needham kept AEVEX's rating at Buy but reduced its price target from $45 to $30, a 33.3% cut. This implies a 147.3% upside from the Nov 11 close of $12.13. Other recent analyst targets for AEVEX range from $15 to $22.
Piper Sandler kept its Neutral rating on AEVEX but increased its price target to $15 from $13, suggesting a 23.7% upside from the last close of $12.13. Recent analyst targets for AEVEX range from $13 to $22.
AEVEX reported Q3 2026 revenue of $189.7M, up 56.5% YoY, with core business revenue surpassing Ukraine-related revenue. Adjusted EBITDA rose to $30.8M, and the company raised full-year guidance. Shares gained 4.57% to $12.13 during trading and 10.33% after hours. The growth was driven by the Airborne Systems business and the acquisition of BlackSea Technologies, which expanded into Maritime Systems. The company's backlog grew to $1.5B, with $855M in near-term revenue visibility.
AEVEX Corp. (AVEX) secured a multi-year IDIQ contract with a $400M ceiling for a U.S. customer. The company did not disclose task orders or prior-period comparisons. The financial impact is unclear until task orders are awarded and disclosed.
The contract award adds new revenue and validates AEVEX's technology, likely supporting the stock.
AlphAI scores every news story that mentions AVEX with an AI model for sentiment and relevance, and aggregates insider trades from AEVEX Corp.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Needham kept AEVEX's rating at Buy but reduced its price target from $45 to $30, a 33.3% cut. This implies a 147.3% upside from the Nov 11 close of $12.13. Other recent analyst targets for AEVEX range from $15 to $22.
Piper Sandler kept its Neutral rating on AEVEX but increased its price target to $15 from $13, suggesting a 23.7% upside from the last close of $12.13. Recent analyst targets for AEVEX range from $13 to $22.
AEVEX reported Q3 2026 revenue of $189.7M, up 56.5% YoY, with core business revenue surpassing Ukraine-related revenue. Adjusted EBITDA rose to $30.8M, and the company raised full-year guidance. Shares gained 4.57% to $12.13 during trading and 10.33% after hours. The growth was driven by the Airborne Systems business and the acquisition of BlackSea Technologies, which expanded into Maritime Systems. The company's backlog grew to $1.5B, with $855M in near-term revenue visibility.
AEVEX Corp. (AVEX) secured a multi-year IDIQ contract with a $400M ceiling for a U.S. customer. The company did not disclose task orders or prior-period comparisons. The financial impact is unclear until task orders are awarded and disclosed.
AEVEX Corp. (NYSE:AVEX) received two Navy contracts totaling $41.6M for mine countermeasures systems. The first, $15.6M, covers the SightGlass system; the second, $26M, covers the Fisher system. Both are designed for unmanned surface vessels. The contracts follow successful performance in a Defense Innovation Unit challenge.
Coretronic Intelligent Robotics (CIRC), a unit of Coretronic Group, is collaborating with US drone maker Aevex Aerospace to bid for Taiwan government contracts and explore overseas opportunities. The partnership comes amid delays in Taiwan's drone tenders.
AEVEX (AVEX:NYSE) shares dropped 16% after the U.S. Navy halted orders for its GARC drone boats, which it had spent $130M on. The boats are made by BlackSea, a unit AEVEX acquired in September for up to $650M. Analysts had projected revenue growth to $1.06B by 2028, but the Navy's decision may impact these estimates. The next earnings report will clarify the GARC's revenue contribution.
RBC Capital maintained an Outperform rating on AEVEX with a $22 price target, suggesting a 127.3% upside from the Oct 21 close. The firm cites AEVEX's strong position in defense drones, a robust backlog, and recent contract growth with the US Navy.
Piper Sandler cut Aevex Corp's (NYSE:AVEX) price target to $13 from $20, citing Navy contract concerns. Shares fell 33% to $9.92. Aevex denied performance issues, stating it maintains a Navy contract. Analysts have mixed views on Aevex's future revenue and valuation, with some seeing undervaluation and others expressing caution.
RBC Capital lowered its price target for Aevex Corp (NYSE:AVEX) to $22 from $26, citing concerns about revenue visibility in 2027. The company denied claims of Navy order halts due to performance issues, stating the BlackSea contract was completed and work has transitioned to enhancements. Aevex shares fell 33% to $9.99, with analysts offering mixed outlooks on its future performance.
