11 Best Aerospace Stocks to Buy According to Analysts

6. AeroVironment, Inc. (NASDAQ:AVAV)

Number of Hedge Fund Holders: 37

Analyst Upside Potential: 41.61%

​AeroVironment, Inc. (NASDAQ:AVAV) is one of the Best Aerospace Stocks to Buy According to Analysts. On December 9, AeroVironment, Inc. (NASDAQ:AVAV) posted results from its fiscal Q2 2026. The stock price has fallen more than 3.88% since the release.

​The company grew its revenue by 150.72% year-over-year to $472.51 million, surpassing estimates by $6.88 million. However, the EPS of $0.44 fell short of the expectations by $0.35. Management attributed revenue growth to BlueHalo, which contributed $245.1 million, and legacy revenue, which reached $227.4 million, reflecting 22% year-over-year growth. The gross margin rose in dollar terms from $73.6 million to $104.1 million, reflecting a 41% increase. However, it was reduced by $24.2 million of intangible amortization and related non-cash expenses tied to acquisitions, compared to just $3.7 million in the prior year quarter.

​AeroVironment, Inc. (NASDAQ:AVAV) raised the lower end of its full-year revenue guidance and net loss range. Management now expects full-year revenue in the range of $1.95 billion to $2 billion, up from $1.9 billion and $2.0 billion. The net loss is expected to be between $38 million and $30 million, an improvement from the previous range of $77 million and $72 million. However, the guidance fell short of Wall Street expectations, with the midpoint of revenue falling short by $0.03 billion and EPS falling short by $0.14.

​Earlier, on December 8, AeroVironment, Inc. (NASDAQ:AVAV) announced that it had been awarded a five-year Indefinite Delivery, Indefinite Quantity contract from the US Army Contracting Command. The contract is worth $874.26 million and entails supporting future foreign military sales. It allows allied and partner countries to flexibly order AeroVironment, Inc.’s (NASDAQ:AVAV) unmanned aerial systems and counter-UAS systems over the next five years.

​Management noted that the contact entails a range of UAS systems spanning from Groups 1 to 3, and their counter-UAS systems. Moreover, the contract also includes training for users, initial spare parts, and logistical support.

AeroVironment, Inc. (NASDAQ:AVAV) designs and manufactures unmanned aerial vehicles, ground robot systems, and loitering munition systems. The stock has returned over 81% so far this year.