AEVEX (NYSE:AVEX) Stock Gets Price Target Reduction from Piper Sandler

AEVEX (NYSE:AVEX) had its target price lowered by Piper Sandler from $20.00 to $13.00 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of AEVEX in a research report on Thursday. Oppenheimer began coverage on AEVEX in a report on Thursday. They issued an “outperform” rating and a $21.00 price target for the company. Weiss Ratings began coverage on AEVEX in a report on Friday, August 14th. They issued a “sell (d)” rating for the company. UBS Group assumed coverage on shares of AEVEX in a research note on Thursday. They issued an “outperform” rating and a $21.00 price target on the stock. Finally, Royal Bank Of Canada cut their price objective on shares of AEVEX from $31.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday, October 12th. Eleven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, AEVEX has a consensus rating of “Moderate Buy” and an average price target of $28.73.

AEVEX Price Performance

AEVEX stock opened at $10.89 on Thursday. The firm has a market capitalization of $1.24 billion and a PE ratio of 34.03. The company has a debt-to-equity ratio of 1.15, a quick ratio of 5.50 and a current ratio of 5.66. The company has a fifty day simple moving average of $15.89. AEVEX has a 1-year low of $9.64 and a 1-year high of $42.34.

AEVEX (NYSE:AVEX) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.05). The firm had revenue of $201.79 million during the quarter, compared to analyst estimates of $155.15 million. The firm’s revenue was up 99.5% compared to the same quarter last year. On average, research analysts expect that AEVEX will post 0.55 earnings per share for the current fiscal year.

Institutional Trading of AEVEX

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new stake in shares of AEVEX in the 2nd quarter valued at about $19,903,000. Concurrent Investment Advisors LLC purchased a new position in AEVEX during the 2nd quarter worth approximately $2,381,000. State Street Corp purchased a new position in AEVEX during the 2nd quarter worth approximately $6,885,000. Readystate Asset Management LP acquired a new position in AEVEX during the second quarter worth approximately $1,044,000. Finally, WINTON GROUP Ltd acquired a new position in AEVEX during the second quarter worth approximately $343,000.

Key Headlines Impacting AEVEX

Here are the key news stories impacting AEVEX this week:

• Positive Sentiment: AEVEX disputes Navy order-halt report: The company said reports that the Navy stopped ordering its Global Autonomous Reconnaissance Craft (GARC) systems contain “factual inaccuracies.” AEVEX stated that GARC operations continue and that the contract has been extended through 2027, easing fears of an immediate loss of key business. AEVEX Soars 13% as It Disputes Navy Drone Boat Report’s Factual Inaccuracies
• Positive Sentiment: Analysts see potential upside: Oppenheimer initiated coverage with an “outperform” rating and a $21 price target. RBC also maintained an “outperform” rating and described the selloff as a potential buying opportunity, despite lowering its target to $22 from $26. RBC Cuts Price Target on Aevex to $22 From $26, Keeps Outperform Rating
• Neutral Sentiment: Upcoming earnings event: AEVEX will release third-quarter 2026 results after the market closes on November 11, followed by a conference call. Investors are likely to focus on GARC revenue, order visibility and management’s outlook. AEVEX Announces Third Quarter 2026 Earnings Results
• Negative Sentiment: Target cuts highlight uncertainty: Piper Sandler lowered its target from $20 to $13 and assigned a “neutral” rating, while RBC’s target reduction indicates analysts are moderating expectations as they debate revenue visibility. Aevex Stock Sees Fair Value Cut as Analysts Debate Revenue Visibility

AEVEX Company Profile

AEVEX Aerospace, Inc is a defense technology company that develops and delivers advanced systems and mission solutions for national security customers. Its work focuses on intelligence, surveillance and reconnaissance (ISR), special operations, unmanned systems, electronic warfare, and other complex aerospace and defense missions.

The company provides missionized aircraft and unmanned aerial systems, payloads, sensors, communications equipment, data and intelligence capabilities, and related engineering and integration services.