Mizuho Issues Pessimistic Forecast for AIRO Group (NASDAQ:AIRO) Stock Price

AIRO Group (NASDAQ:AIRO - Get Free Report) had its price objective reduced by research analysts at Mizuho from $25.00 to $20.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an "outperform" rating on the stock. Mizuho's target price would indicate a potential upside of 116.45% from the stock's previous close.AIRO Group's Pullback: An Undervalued Growth Opportunity?AIRO has been the subject of several other research reports. Wall Street Zen upgraded AIRO Group from a "sell" rating to a "hold" rating in a research note on Saturday, December 20th. BTIG Research dropped their price objective on shares of AIRO Group from $26.00 to $19.00 and set a "buy" rating on the stock in a research note on Monday, November 24th. Weiss Ratings reiterated a "sell (e)" rating on shares of AIRO Group in a research report on Monday, December 29th. Finally, Cantor Fitzgerald dropped their price target on AIRO Group from $35.00 to $20.00 and set an "overweight" rating for the company in a research report on Friday, November 21st. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, AIRO Group currently has an average rating of "Moderate Buy" and an average target price of $19.67.Check Out Our Latest Analysis on AIRO GroupAIRO Group Trading Up 13.0%AIRO opened at $9.24 on Monday. AIRO Group has a 52-week low of $7.28 and a 52-week high of $39.07. The firm's fifty day moving average is $10.44. AIRO Group (NASDAQ:AIRO - Get Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.28) earnings per share for the quarter. The firm had revenue of $6.28 million during the quarter. Institutional Investors Weigh In On AIRO GroupSeveral institutional investors have recently bought and sold shares of AIRO. Woodline Partners LP lifted its holdings in shares of AIRO Group by 41.0% during the 3rd quarter. Woodline Partners LP now owns 2,753,067 shares of the company's stock valued at $52,859,000 after acquiring an additional 800,456 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of AIRO Group during the third quarter worth about $15,030,000. Ilex Capital Partners UK LLP acquired a new position in shares of AIRO Group during the second quarter worth about $18,750,000. Vanguard Group Inc. boosted its position in shares of AIRO Group by 406.0% in the third quarter. Vanguard Group Inc. now owns 505,951 shares of the company's stock worth $9,714,000 after buying an additional 405,951 shares during the period. Finally, UBS Group AG raised its holdings in shares of AIRO Group by 246.9% during the 3rd quarter. UBS Group AG now owns 250,733 shares of the company's stock valued at $4,814,000 after buying an additional 178,460 shares during the period. About AIRO Group (Get Free Report)We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market. We offer connected and diversified solutions providing operational synergies across our segments and are powered by an international footprint as well as supplier and public sector relationships.Read MoreFive stocks we like better than AIRO GroupElon Taking SpaceX Public! $100 Pre-IPO Opportunity!Do not delete, read immediatelyThe $100 Trillion AI Story No One Is Telling You3 Overlooked Deductions to Help Potentially Minimize Capital Gains TaxFirst Time Since 2007: All Warnings ActiveThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in AIRO Group Right Now?Before you consider AIRO Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AIRO Group wasn't on the list.While AIRO Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here