{"id":48236,"date":"2026-03-24T11:35:25","date_gmt":"2026-03-24T11:35:25","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/24\/aerovironment-stock-price-sinks-as-risky-patterns-emerge-can-it-hit-170\/"},"modified":"2026-03-24T11:35:25","modified_gmt":"2026-03-24T11:35:25","slug":"aerovironment-stock-price-sinks-as-risky-patterns-emerge-can-it-hit-170","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/24\/aerovironment-stock-price-sinks-as-risky-patterns-emerge-can-it-hit-170\/","title":{"rendered":"AeroVironment stock price sinks as risky patterns emerge: can it hit $170?"},"content":{"rendered":"<div><\/div>\n<p>AeroVironment stock price continued falling on Monday as the recent guidance disappointed. AVAV dropped by over 2.4% in the pre-market, down by 55% from its highest point in 2025. Its market capitalization has slumped from over $19 billion on October 9 last year to the current $9.87 billion.<\/p>\n<h2 class=\"wp-block-heading\">AeroVironment faces major challenges despite war headwinds&nbsp;<\/h2>\n<p>AVAV stock price has remained in a bear market in the past few months, a trend that accelerated this month after the company published its financial results.<\/p>\n<p>The most recent results showed that its business did well in the third quarter even as the space business continued to underperform.<\/p>\n<p>Its revenue came in at $408 million, up by 38% from the same period last year. Its autonomous systems revenue jumped to $279 million, while its Space, Cyber, and Directed Energy (SCDE) made over $408 million.&nbsp;<\/p>\n<p>The latter was the main laggard, which happened because of the stop-order on the Space SCAR program and the ongoing delays in the release of government funds. This delay pushed the company to announce a large impairment of goodwill of over $159 million.<\/p>\n<p>AVAV stock has also crashed after the management delivered a weak forward guidance, citing its SCDE business. It now expects that its annual revenue will be between $1.85 billion and $1.95 billion.&nbsp;<\/p>\n<p>The company also reduced its adjusted EBITDA guidance because of these challenges. It expects that the figure will be between $265 million and $285 million, while its earnings per share (EPS) will be between $2.75 and $3.10, also lower than what analysts were expecting.<\/p>\n<p>On the positive side, the ongoing Iran war has demonstrated the <a href=\"https:\/\/invezz.com\/news\/2026\/03\/02\/cramer-aerovironment-is-drone-name-the-us-government-favours\/\">power of drones<\/a> in modern-day warfare. As a result, orders for its drones has continued rising, bringing its backlog to over $1 billion.<\/p>\n<p>The company received a $186 million order from the army. This order will see it deliver the Switchblade 600 Block 2 and Switchblade 300 Block 20. Earlier this month, the company received a <a href=\"https:\/\/investor.avinc.com\/node\/20486\/pdf\">$97 million order<\/a> to deliver the next-generation sensor testing solutions.<\/p>\n<p>AeroVironment is also increasing its business in the unmanned aircraft industry. It recently acquired ESAero in a $200 million deal, which will contribute positively to the EBITDA in the first year of full integration.<\/p>\n<h2 class=\"wp-block-heading\">AeroVironment stock price forecast: Technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p><em>AVAV stock chart | Source: TradingView<\/em><\/p>\n<p>The daily timeframe chart shows that the AVAV stock price has crashed in the past few months. This retreat started when the stock formed a double-top pattern at $416 and a neckline at $227, its lowest level on December 17th. A double-top is one of the most common bearish reversal signs in technical analysis.<\/p>\n<p>The stock has now formed a death cross pattern, which happens when the 50-day and 200-day Exponential Moving Averages (EMA). This cross happened on March 10, the same day that it reported its earnings, which missed analysts estimates.<\/p>\n<p>AVAV stock has remained below the Supertrend and the Ichimoku cloud indicators, while the Relative Strength Index (RSI) is nearing the oversold level of 30.<\/p>\n<p>Most notably, it has dropped below the 61.8% Fibonacci Retracement level, where most reversals normally happens. Therefore, the most likely scenario is where the stock continues&nbsp;<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/03\/23\/aerovironment-stock-price-sinks-as-risky-patterns-emerge-can-it-hit-170\/\">AeroVironment stock price sinks as risky patterns emerge: can it hit $170?<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AeroVironment stock price continued falling on Monday as the recent guidance disappointed. AVAV dropped by over 2.4% in the pre-market, down by 55% from its highest point in 2025. Its market capitalization has slumped from over $19 billion on October 9 last year to the current $9.87 billion. AeroVironment faces major challenges despite war headwinds&nbsp; <\/p>\n","protected":false},"author":1,"featured_media":48237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48236","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48236"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48237"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}