AeroVironment Shares Soar 2.30% in Second Day of Gains, Trading Volume Ranks 382nd

AeroVironment (AVAV) shares surged 2.30% on June 6, 2025, marking the second consecutive day of gains, with a total increase of 4.04% over the past two days. The trading volume reached $219 million, placing it at the 382nd position in the day's market activity.

Baird analyst Peter Arment has increased the price target for AeroVironment from $146 to $210, while maintaining an Outperform rating on the stock. This adjustment reflects a positive outlook on the company's future performance.

William Blair analyst highlighted that the recent $2.5 billion funding round for Anduril, which raised its valuation to $30.5 billion, is a positive development for AeroVironment. The analyst noted that the transformational nature of drones, as demonstrated by Ukraine's drone attacks on Russian airfields, aligns with AeroVironment's capabilities. The company's CEO recently mentioned that AeroVironment has drones with a similar launching mechanism to those used in the attacks, further bolstering investor confidence.