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Top defense contractor scores huge U.S. Army payday, stock jumps
TheStreet2d agobullish
Top defense contractor scores huge U.S. Army payday, stock jumps

AeroVironment (AVAV) just landed the kind of contract that changes how investors see a company. The drone maker won a U.S. Army order worth at least $400 million for its Locust laser system, and the stock reacted fast. Shares closed at $186.73 on August 7, up 9.12% on the day and about 22% ...

Red Cat Holdings (RCAT) Stock Is Jumping Today: What’s Moving Drone Stocks?
24/7 Wall St.2d agobullish
Red Cat Holdings (RCAT) Stock Is Jumping Today: What’s Moving Drone Stocks?

Shares of Red Cat Holdings (NASDAQ:RCAT) are extending a sharp post-earnings rebound, rising 6.84% in Monday trading to $9.84. That builds on a 22.31% gain over the past week, a run that started from a $7.53 base on July 31. The question worth asking: is the entire drone group moving, or is this RCAT alone? ... Red Cat Holdings (RCAT) Stock Is Jumping Today: What’s Moving Drone Stocks?

Why AeroVironment (AVAV) Is Up 25.0% After US$400 Million Army Locust Contract News
Simply Wall St.4d agoneutral
Why AeroVironment (AVAV) Is Up 25.0% After US$400 Million Army Locust Contract News

AeroVironment recently announced a reported US$400 million U.S. Army production contract for its AI-assisted Locust directed-energy counter-drone system, alongside new board appointments and upcoming director retirements that reshape its governance profile. This combination of a landmark Pentagon directed-energy contract and added board-level aerospace-and-defense finance expertise could influence AeroVironment’s growth priorities and capital allocation decisions. We’ll now examine how the...

Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour
The Wall Street Journal6d agoneutral
Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour

↘️ Trade Desk (TTD): Shares in the advertising technology company fell 27% after it reported lower-than-expected quarterly revenue. ↗️ Atlassian (TEAM): Shares in the software company behind Jira and Confluence shot up 31% premarket following a revenue beat powered by accelerated growth in its cloud business.

Is AeroVironment (AVAV) Cheap After Its Army Contract And Legal Headlines?
Simply Wall St.15d agoneutral
Is AeroVironment (AVAV) Cheap After Its Army Contract And Legal Headlines?

Legal action and contract news put AeroVironment in focus Recent legal notices about a securities class action and a new US$117.3 million U.S. Army contract for P550 eVTOL drones have put AeroVironment (AVAV) in the spotlight for investors. See our latest analysis for AeroVironment. AeroVironment’s share price has recently moved higher, with a 1-day share price return of 3.16% and 30-day share price return of 11.81%. The stock is still down 39.79% year to date and the 1-year total shareholder...

AeroVironment (AVAV) Stock Looks Reasonable On Cash Flow But Rich On Sales
Simply Wall St.15d agoneutral
AeroVironment (AVAV) Stock Looks Reasonable On Cash Flow But Rich On Sales

AeroVironment stock has delivered a 61.9% gain over the past three years, yet its current valuation signals are split, with a Discounted Cash Flow (DCF) intrinsic value estimate pointing to upside while market based multiples lean the other way. That leaves investors weighing a mixed value score against both the recent share price pullback and a fresh contract win with the U.S. Army. The 61.9% return over three years suggests AeroVironment has rewarded patient holders, even though more...

Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?
24/7 Wall St.21d agobearish
Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?

Red Cat Holdings (NASDAQ:RCAT) stock is down 26% over the past month and down 8% today to $7.86, putting the drone maker at the heart of a broader shakeout in defense-tech names. The question is whether the group is out of fuel or simply cooling off after a large run higher. The answer looks mixed across ... Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?