
Aevex Corp (AVEX) Stock Forecast & Price Target
Aevex Corp (AVEX) Analyst Ratings
Bulls say
AEVEX is fundamentally attractive because it combines a rare battlefield-proven record with strong alignment to DoW priorities, having delivered or committed more than 9,300 systems, produced over 4,400 Phoenix Ghost units since 2022, and reached a 1,000-systems-per-month manufacturing capacity. Its revenue visibility is improving through a roughly $10.5 billion pipeline, 2025 revenue of $432.9 million, and 2026 guidance of $700 million to $720 million, while margins are set to expand from 8.7% in 2025 to 15.6% in 2026 as Deep Strike, Army launched effects, and BlackSea scale. The BlackSea acquisition is especially compelling because it adds about $150 million of revenue, access to Navy customers, and a second warfighting domain, reducing reliance on Ukraine-linked demand and strengthening the long-term multi-domain growth story.
Bears say
AEVEX is facing a weaker fundamental setup because its largest drivers are rolling off: the Phoenix Ghost and EUCOM Deep Strike programs support roughly $390 million of 2026E Ukraine-related revenue, but that contribution is expected to wind down in 2H26 and be minimal in 2027. Visibility is also limited by a funded backlog of $259.8 million at June 30, 2026, about 95% convertible within 12 months, while recent disclosed 2026 strike awards of about $234 million replace only about one-third of Deep Strike’s $645.7 million value. Investors are additionally confronting execution and mix risk from BlackSea, where about 325 GARC units were delivered in 2025 and the next growth leg appears dependent on new design wins, all amid a lower public-track-record and 25-30% win-rate profile.
This aggregate rating is based on analysts' research of Aevex Corp and is not a guaranteed prediction by Public.com or investment advice.
Aevex Corp (AVEX) Analyst Forecast & Price Prediction
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Aevex Corp (AVEX) Analyst Forecast & Price Prediction
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