AeroVironment (AVAV) Sees a More Significant Dip Than Broader Market: Some Facts to Know

AeroVironment (AVAV) declined 2.82% on September 1, 2026, underperforming the S&P 500's 0.71% loss. The unmanned aircraft maker has dropped 6.8% over the past month. Upcoming earnings on September 9 are expected to show flat EPS of $0.32 but 4.38% revenue growth. The stock trades at a premium valuation with a Forward P/E of 45.69 versus the industry average of 35.67, and holds a Zacks Rank #3 (Hold) rating.