$AVEX

Piper Sandler Initiates AEVEX at Neutral With $20 Price Target

AEVEX Corp. Class A (AVEX) has an average rating of buy and mean price target of $33.62, according to analysts polled by FactSet.

Aevex Remains Well Positioned in the Unmanned Aerial Systems Market, RBC Says

Aevex (AVEX) remains well-positioned despite facing potential concerns regarding 2027 revenue visibility due to declining funded backlog and the full cost of the BlackSea acquisition, RBC Capital Markets said in a Wednesday note.According to the note, the company is well-positioned within the growing unmanned aerial systems market and its diversification into unmanned surface and underwater vehicle markets remains a net positive.The strong Q2 revenue growth was driven by accelerated material receipts in support of EUCOM Deep Strike, with more deliveries expected in H2 while the program winds down into 2027, the analysts said.The $650 million acquisition of BlackSea Technologies, a US defense contractor specializing in unmanned surface and subsea vessels, is expected to generate approximately $150 million in 2026 revenue, with mid-teens margins in line with Aevex, RBC said.The company raised its midpoint revenue guidance by $100 million and adjusted EBITDA margins by 20 basis points to 15.2%, reflecting stronger demand for non-EUCOM programs, with the backlog supporting approximately 95% of its 2026 revenue guidance, the note added.RBC kept an outperform rating on Aevex with a price target of $31.Price: $20.95, Change: $-1.81, Percent Change: -7.93%

Aevex Reports Higher Q2 Revenue, Lifts Full-Year Outlook

Aevex (AVEX) reported Q2 earnings late Wednesday of 0.01 per diluted share.Analysts surveyed by FactSet expected $0.07.Revenue in the ended June 30 rose to $201.8 million from $101.1 million a year earlier.Analysts expected $159.8 million.The company boosted 2026 revenue guidance to the range of $700 million to $720 million from its prior forecast of $600 million to $620 million.Analysts project $605.7 million.Aevex shares fell 1.5% in after-hours trading.

Wall Street Set to Open Marginally Lower in Tuesday Trading; Investors Continue to Monitor Middle East Conflict, Await Key Labor Data

US stocks look set to open marginally lower in Tuesday's trading session as investors continue to monitor flare ups in Middle East fighting and potential peace negotiations, while looking ahead to key labor data set for release later in the morning.The Dow Jones Industrial Average futures was off 0.1%, while S&P 500 futures and Nasdaq futures were down nearly 0.1% each.Oil prices were moving modestly higher, with front-month global benchmarks Brent crude rising 0.1% to $73.18 a barrel, while West Texas Intermediate crude was up 0.2% to $70.93 a barrel.In other world markets, Japan's Nikkei rose 0.9%, Hong Kong's Hang Seng declined 0.6%, and China's Shanghai Composite was up 0.5%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was up 0.9%, Germany's DAX increased 1.4%, and France's CAC was dropping 0.6%.In equities, shares of ABIVAX Societe Anonyme (ABVX) soared 36% pre-bell after the biotech firm reported positive phase 3 topline data Tuesday for obefazimod to treat ulcerative colitis.AeroVironment (AVAV) shares surged 28% after the company reported better-than-expected fiscal Q4 adjusted earnings and revenue.AEVEX's (AVEX) stock advanced 9% after it said Tuesday that it has received a $50 million US Air Force contract to continue expanding unmanned mission support capabilities for current operations.On the losing side, shares of Concentrix (CNXC) tumbled 24% after it reported fiscal Q2 non-GAAP net income late Monday of $2.63 per diluted share, down from $2.70 a year earlier.Shares of Vishay Intertechnology (VSH) fell 10% after it priced an underwritten public offering late Monday of 15 million common shares at $50 apiece for expected gross proceeds of about $750 million.Patrick Industries' (PATK) stock shed close to 9% after it and LCI Industries (LCII) agreed to merge in an all-stock transaction, the companies said Tuesday.

Aevex to Join Russell 2000 Index

Aevex (AVEX) said Thursday it will join the Russell 2000 Index, effective after the US market opens Monday.Aevex, a defense technology company, will also be included in associated Russell growth and value style indexes as well as other size and sector gauges that derive from its Russell 2000 membership.Aevex shares rose 1.9% in after-hours trading.

Wall Street Set to Open Lower in Tuesday Trading as Investors Look for Signs of Middle East Peace Deal, Await Key Labor Data

US stocks look set to open modestly lower in Tuesday's trading session as investors look for any signs that stalled Middle East may restart, and await key labor market data set for release later in the morning.The Dow Jones Industrial Average futures were down 0.5%, S&P 500 futures were off 0.2%, and Nasdaq futures were edging 0.1% lower.The Job Openings and Labor Turnover Survey (JOLTS) for April is set to be released at 10 am ET, which will give investors a good indication on the strength of the US labor market. The reading is expected to remain unchanged at 6.866 million job openings, according to Bloomberg.Oil prices were moving lower, with front-month global benchmarks Brent crude declining 0.96% to $94.07 a barrel, while West Texas Intermediate crude was down 1.10% to $91.15 a barrel.In other world markets, Japan's Nikkei closed 0.3% lower, Hong Kong's Hang Seng surged 2.5%, and China's Shanghai Composite gained 0.4%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was edging 0.1% higher, Germany's DAX was up 0.7%, and France's CAC was rising 0.5%.In equities, shares of Hewlett Packard Enterprise (HPE) surged 27% in Tuesday's premarket session after it reported fiscal Q2 earnings late Monday that beat analyst forecasts.Marvell Technology (MRVL) shares climbed 18% after multiple news outlets reported that Nvidia (NVDA) Chief Executive Jensen Huang called the chipmaker the next "trillion-dollar company."Shares of STMicroelectronics (STM) advanced 10% after it said Tuesday that it now expects to generate data center revenue of about $1 billion in 2026, compared with previous guidance of more than $500 million.On the losing side, shares of Abivax (ABVX) tumbled 35% after the company's phase 3 maintenance trial evaluating obefazimod in ulcerative colitis met its primary endpoint and key secondary endpoints, though malignancy cases reported during the trial weighed on the results.AEVEX's (AVEX) stock was down 11% pre-bell after it reported late Monday it launched a public offering of its class A common shares, along with certain selling shareholders.And Praxis Precision Medicines' (PRAX) shares were down 10% after it reported late Monday that its phase 2/3 trial assessing vormatrigine to treat focal onset seizures failed to meet its primary endpoint of percent change in monthly seizure frequency from baseline.

Jefferies Initiates AEVEX Corp at Buy With $32 Price Target

Baird Initiates AEVEX Corp at Outperform With $38 Price Target

JPMorgan Initiates AEVEX Corp at Overweight With $33 Price Target

Goldman Sachs Initiates AEVEX Corp at Buy With $34 Price Target

Raymond James Initiates AEVEX Corp at Outperform With $35 Price Target

William Blair Initiates AEVEX Corp at Outperform

RBC Initiates Aevex at Outperform With $31 Price Target

Top Midday Gainers

Electro-Sensors (ELSE) agreed to be acquired by steute Technologies for $7.75 a share, a premium of about 75% to the closing price on Monday.The stock surged 72% as intraday volume topped 361,700 shares versus the daily average of 2,909.UnitedHealth Group (UNH) raised its full-year earnings outlook after the health insurance giant recorded an unexpected increase in Q1 results.The stock rose 8.4% as volume topped 17.6 million shares versus the daily average of 10 million.Aevex's (AVEX) director Brian Raduenz purchased 50,000 shares of the company for $1 million on April 16.The stock advanced 7.5% as volume topped 4.5 million shares versus the daily average of 15.8 million.Price: $7.62, Change: $+3.19, Percent Change: +72.16%

Aevex Insider Bought Shares Worth $1,000,000, According to a Recent SEC Filing

Brian Raduenz, Director, on April 16, 2026, executed a purchase for 50,000 shares in Aevex (AVEX) for $1,000,000. Following the Form 4 filing with the SEC, Raduenz has control over a total of 1,008,876 Class A common shares of the company, with 50,000 shares held directly and 958,876 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/2096300/000119312526164668/xslF345X05/ownership.xml