Raymond James Downgrades AVAV (AeroVironment, Inc.) to Underperform March 2026

The AVAV analyst rating moved sharply on March 02, 2026 when Raymond James downgraded AeroVironment, Inc. (AVAV) from Strong Buy to Underperform after the Space Force SCAR program was reopened for bidding. This downgrade, timestamped March 02, 2026 at 10:41 AM, highlights contract risk tied to a roughly $1.4 billion program and triggered immediate market focus on backlog and revenue visibility. Investors tracking AVAV analyst rating should note this is a material shift from a previously bullish stance by a major firm.