AeroVironment, Inc. (NASDAQ: AVAV) jumped 21.4% in pre-market trading after reporting strong financial results for fiscal Q4 and guidance for 2027.

AeroVironment heads into its Q4 report with a record backlog, bruised sentiment and the stock trading near 52-week lows.

AeroVironment Announces Fiscal 2026 Fourth Quarter and Fiscal Year Results