6 Red Days In A Row: AeroVironment Stock Is Down 26%
A multi-day slide in the defense contractor’s stock prompts a closer look at the numbers behind the negative momentum.
A six-day slide in AeroVironment (AVAV) stock has erased about $2.4 Bil from the company’s market value. The stock has now moved LOWER for 6 consecutive trading days, a cumulative loss of 25.7%.
AeroVironment, Inc. supplies UAS, tactical missile systems, and related services primarily to organizations within the U.S. Department of Defense and to international allied governments.
The Streak Next To The S&P 500
Here is how AVAV stock stacks up against the S&P 500 over the streak and the periods around it:
| Return Period | AVAV | S&P 500 |
|---|---|---|
| 1D | -1.9% | -0.8% |
| 6D (Current Streak) | -25.7% | 0.4% |
| 1M (21D) | -18.0% | 3.4% |
| 3M (63D) | -21.1% | 10.2% |
| YTD 2026 | -41.4% | 9.8% |
| 2025 | 57.2% | 16.4% |
| 2024 | 22.1% | 23.3% |
| 2023 | 47.1% | 24.2% |
What do the fundamentals say about this slide?
The market may be weighing the company’s profitability against its growth. While revenue over the last twelve months grew 116.9%, its operating margin is -5.9%, compared to an S&P 500 median of 18.4%. AVAV also trades at a price-to-earnings multiple of -22.6.
This move appears specific to the company, not the broader market. Over the same 6 trading days the S&P 500 returned +0.4%. For context, such streaks are not unusual; 24 S&P 500 stocks are currently on losing streaks of 3 days or more.
What does a streak like this actually tell you?
A streak is a data point about momentum and investor attention, not a signal to buy or sell. It marks a period where the market is reassessing a stock’s value, often with increased intensity.
The disciplined response is to check the business fundamentals against the new price. The data here shows a company with significant top-line expansion but also negative margins, a contrast the market appears to be focused on.
If the drop has you weighing an entry, resist buying a falling price alone. Our Buy the Dip screen ranks the marked-down names where growth and cash generation still support a recovery.
Those watching the group rather than this one name have another route: our ETF Scorecard shows how the indxx aerospace & defense funds stack up. It is still a concentrated bet on that one theme, though, which is exactly the gap the portfolio below closes.
Weakness In One Name Should Be Noise, Not News
For a diversified holder, a streak like this is a data point. For a concentrated one, it is a hole in the plan. The difference is never the stock; it is the portfolio built around it.
Building that portfolio is what the Trefis High Quality (HQ) Portfolio does: roughly 30 businesses with the cash generation and balance-sheet strength to absorb a bad month, selected and rebalanced by rules. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Make the next streak, in either direction, someone else’s drama.