Canaccord Genuity Group Lowers AeroVironment Price Target

Analysts cut price target on aerospace company's stock from $330 to $300

Mar. 12, 2026 at 5:38pm

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Canaccord Genuity Group, an equity research firm, has lowered its price target on shares of AeroVironment (NASDAQ:AVAV) from $330.00 to $300.00. The firm maintained its "buy" rating on the aerospace company's stock.

Why it matters

AeroVironment is a leading developer of unmanned aerial systems (UAS) and other advanced technologies for defense, public safety, and commercial markets. The lowered price target from Canaccord Genuity reflects analysts' updated outlook on the company's near-term performance and growth prospects.

The details

In a report released on Thursday, Canaccord Genuity analysts cited several factors behind the reduced price target, including lower-than-expected financial results in AeroVironment's most recent quarter. The firm also noted increased competition and macroeconomic headwinds facing the company. Despite the price target cut, Canaccord Genuity maintained its "buy" recommendation, indicating analysts still see upside potential in AeroVironment's stock.

  • Canaccord Genuity Group released its updated report on AeroVironment on Thursday, March 12, 2026.

The players

Canaccord Genuity Group

An independent global capital markets firm that provides investment banking, advisory, equity research, sales and trading services.

AeroVironment

A technology company specializing in unmanned aerial systems, tactical missiles, electric vehicle charging, and scalable energy solutions.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The lowered price target from Canaccord Genuity reflects the challenges facing AeroVironment as it navigates increased competition and macroeconomic headwinds in its core markets. However, the firm's maintained "buy" rating suggests analysts still see long-term growth potential for the company's innovative UAS and other advanced technology offerings.