AeroVironment, Inc. (NASDAQ:AVAV<\/strong>) is among the 10 best American defense stocks to buy according to Wall Street analysts<\/b>.<\/p>\n Based on the recommendation from 13 analysts, the stock is a Strong Buy with a one-year average share price target of $390.75, representing an upside of nearly 65% as of February 5.<\/p>\n On January 30, Needham analyst Austin Bohlig maintained a Buy rating on the stock with a price target of $450. This is a reaffirmation of the firm\u2019s earlier update in December.<\/p>\n This follows KeyBanc\u2019s adjustment on AeroVironment, Inc. (NASDAQ:AVAV) earlier in the week on January 28, when the firm lifted its price target on the stock to $330 from $285, while keeping an Overweight rating.<\/p>\n KeyBanc anticipates a promising macro environment for space and defense stocks with potential for substantial growth in 2026. According to TipRanks, the firm also hinted at the possibility of re-rating several stocks in the sector ahead.<\/p>\n In other news, on January 28, the company announced it had secured a $75 million task order from the U.S. Air Force to develop next-generation biotechnology and materials science. The award highlights AVAV\u2019s growing role in defense modernization.<\/p>\n AeroVironment, Inc. (NASDAQ:AVAV) designs and manufactures unmanned aerial vehicles, ground robot systems, and loitering munition systems.<\/p>\n While we acknowledge the potential of AVAV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT:\u00a0<\/b>12 Most Profitable NASDAQ Stocks to Buy Right Now<\/b>\u00a0and\u00a0<\/b>10 Best Defense Stocks to Buy in the S&P 500<\/b>.<\/p>\n Disclosure: None.<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>