AeroVironment Stock Plunge: Profit Concerns or Buying Opportunity?

AeroVironment's stock just took a nosedive! Is it a buying opportunity or a warning sign? Shares of the drone maker plunged almost six percent amid fears of a major profit drop in the upcoming earnings report. Despite strong sales forecasts, analysts predict a sixty-two percent earnings-per-share decrease. But don't write them off yet! Just days ago, Wall Street was singing AeroVironment's praises with Strong Buy ratings and sky-high price targets. Up forty-five percent this year, is this dip a chance to get in on a long-term winner, or a sign of turbulence ahead? Hosted on Acast. See acast.com/privacy for more information.