Oppenheimer initiates coverage of Aevex with Outperform rating and $21 price target

Oppenheimer began coverage of Aevex Corp, assigning an Outperform rating and a $21.00 price target. The firm highlighted the company's rapid revenue growth, noting Q2 2026 revenue of $201.8 million and a forecast of $764 million for full‑year 2026, a 76% increase. Unmanned systems accounted for about 87% of first‑half 2026 revenue. Oppenheimer also projected $834 million in revenue for 2027.

The $21 target represents roughly 116.9% upside from the $9.68 close, suggesting significant upside for investors. Oppenheimer’s revenue forecasts signal strong growth potential for Aevex through 2027.

  • 1Oppenheimer initiated coverage with an Outperform rating and a $21.00 price target.
  • 2Aevex’s stock was trading at $9.68 at the time of the report.
  • 3Q2 2026 revenue was $201.8 million, up 97% year‑over‑year.
  • 4Full‑year 2026 revenue is forecast at $764 million, up 76% versus 2025.
  • 5Full‑year 2027 revenue is forecast at $834 million.
  • 6Unmanned systems made up about 87% of first‑half 2026 revenue.

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