
AeroVironment Stock Down 40% Despite $1.5B Backlog
AeroVironment (AVAV) stock analysis: $1.5B backlog meets $80B TAM — buy or sell?
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In this deep dive, we break down AeroVironment Inc (AVAV) and its strategic expansion into an $80B total addressable market following the BlueHalo acquisition. With a record funded backlog of $1.5B and shares trading at a forward P/E of 45.8x alongside near-term capex headwinds, the key question for investors is whether…
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