AEVEX Corp (NYSE:AVEX) on Wednesday posted mixed financial results for the third quarter.

AEVEX, which went public in April, reported third-quarter revenue of $189.70 million, beating analyst estimates of $149.44 million. The U.S. defense technology company reported a third-quarter loss of 40 cents per share, missing estimates for positive earnings of seven cents per share, according to Benzinga Pro.

“AEVEX delivered strong third-quarter results with total revenue and Adjusted EBITDA growth, and related margin expansion,” said Roger Wells, CEO of AEVEX.

AEVEX raised its full-year 2026 revenue outlook from a range of $700 million to $720 million to a new range of $820 million to $840 million, versus estimates of $743.05 million. The company also guided for full-year adjusted EBITDA of $128 million to $132 million.

AEVEX shares gained 11.8% to $13.55 in pre-market trading.

These analysts made changes to their price targets on AEVEX following earnings announcement.

• Piper Sandler analyst Clarke Jeffries maintained the stock with a Neutral and raised the price target from $13 to $15.
• Needham analyst Austin Bohlig maintained the stock with a Buy and lowered the price target from $45 to $30.

Considering buying AVEX stock? Here’s what analysts think:

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