AeroVironment Shares Rise After Unveiling Long-Term Growth Targets at Investor Day
Shares of AeroVironment (NASDAQ:AVAV) rose by 7% after the company outlined ambitious financial and operational targets through fiscal 2030 during its investor day. The defense technology firm aims for organic revenue growth between 15-20%, with adjusted EBITDA margins expected to reach 18-20%. For fiscal 2027, it forecasts $2.125 billion to $2.225 billion in revenue and $305 million to $325 million in adjusted EBITDA.
Tickers: $AVAV
Topics: ebitda margin targets growth strategy investor day revenue guidance