How Will AeroVironment's $990M U.S. Army Contract Impact Its StoAeroVironment's stock surged after securing a $990 million U.S. Army contract for its Switchblade drones, boosting investor confidence. The deal, aimed at enhancing infantry capabilities, will run through 2029. Following the announcement, analysts from Baird and Alembic Global upgraded AeroVironment's rating, setting new price targets of $220 and $216 respectively. The Switchblade contract is expected to add significant revenue, providing strong visibility for the company's future growth.
ARMY
Rheinmetall opportunity of 25% upsideRheinmetall dipped today due to concerns of the European "far-right" (half of them centrists lmao) wanting peace with Russia in the future. This doesn't change anything for Rheinmetall though.
Key facts:
- Earnings grew by 21.8% over the 2023.
- Earnings are forecast to grow 26.06% per year.
- Revenue expected to grow 40% this year.
- New deal with Continental Ag. to hire new employees to fulfill the demand.
- Fair value estimated at 1100-1200 EUR per share.
War scenarios:
- A new conflict means growth of 5% + for each arms dealer as seen many times.
- If the war in Ukraine continues, Rheinmetall gets more deals.
- If the war ends, European countries will need to replenish ammunition storages, which is expected to take up to 10-15 years.
Additionaly:
- Both Trump and Kennedy Jr. expressed how European NATO members should start to fulfill their obligations of 2% GDP budget for army if they want the US to protect them.
- Around 17-18 countries do not meet this obligation yet, most of them being customers of Rheinmetall already.
- The total combined deficit of these countries sits around 44 billion USD as of 2024.
Sources:
www.reuters.com
www.reuters.com
www.ft.com
simplywall.st
1900 Million Shiba InuA few hours later, one more transfer carrying 8,946,544 SHIB took place, making up a comprised 189.7 million canine coins burnt by the SHIB army.
Related
SHIB Returns to Top 10 List of Cryptos Whales Are Hungry For: Details
SHIB may start trading on this Middle East exchange
As reported by U.Today previously, Rain crypto exchange located in the Middle East is considering whether it should list the meme cryptocurrency.
In the meantime, the second biggest canine crypto, ranked 14 by CoinMarketCap, has shown a five-percent rise today, printing a big green candle on an hourly chart.
189.7 million SHIB incinerated
The team behind the @shibburn account has shared that within the last twenty-four hours, the SHIB community has conducted seven transactions, moving a total of 189.7 million tokens to various unspendable addresses.
The largest amount of meme tokens transferred within the aforementioned period of time was 176,035,016 Shiba Inu.
King Of ShibaThere are a lot of personnel right now in the war rooms of the bitcoin movement.
The battle lines are drawn. There is a new kid in town putting on the crown and looking down on all the other clowns. Can you hear the thunder of the of the war machine begin to plunder. The shib army is approaching. All you can hear in the distance is the sucking sound sucking them all down but one.
Battle on SHIB ARMY
SHIB ARMY WANTS YOU......
JOIN THE TEAM
Shiba 2021 end of year bullrun price update I am updating my price on Shiba for this end of year 2021 with a possible price of $0.002. I took some percentage averages on highs (price spikes) and lows (price dips) and came out with this $0.002 price figure. I believe this is more reasonable over the $0.01 to $0.10 price targets that I am seeing plastered all over Youtube. I love the Shiba Army but I have to be as reasonable and conservative as possible. Please always remember to only invest what you are willing to lose.
Shiba Inu 2021 bullrun projected price targetUsing the Pitchfork fib and also increases in percentages since launch could give us a possible price target for Shiba EOY. With all the exchanges now listing this Meme token and with all of the impressive community behind Shiba it is no wonder how far they have come and advanced within the top #40 rankings on Coinmarketcap.com. I know there are many price predictions that go well above my chart but I have to go with the fibs as a possible marker. So far I have seen many unrealistic price predictions that seem so far out of the range of sanity but with the crypto world, anything is possible, and with a strong community like the Shiba Army in control who knows. I believe that we could see on a realistic end-of-year price for Shiba somewhere in the $0.0003 to as high as $0.001. I know the Shiba Army may not like these prices but we will see. I am a possible believer at maybe, maybe just maybe a $0.005.
NNDM broke out to price targetHello, so our last TA didn't play out as expected, yet last thursday we did have a breakout of 60k shares, yet was backfired with more downward movement. What was interesting from last week to this week our inflow and outflow on shares was showing entirely different picture. More inflows, which we got, should increase the price, yet it didn't which brings me back to what we talked about before, the short interest. I would bet most of the sellers bought around the $5-$3 range and sold out and bought other penny stocks, pretty much pump chasers. Now bringing back last TA we did double bottom on the nonext graph, yet the ext graph we created a lower low and as of now created a lower high, meaning more downward movement could be expected, yet there is some news that came out.
News
-NNDM got a US Army contract for the Dragon Pro
-On the graph I marked it and you might need to scroll over on desktop, but on July 7th there is a share holder meeting (not sure on the details, but can google nndm or nano dimensions on google and hit news)
-Speculative price action: Last year they were given promission to send its 3D printing to ISS and also moved HQ to South Florida, Kennedy Center is Midwest Florida. Along with that recently SpaceX is now sending astronauts to space, so question is whats nndm involvement with the ISS and the recent news with SpaceX
My Financial Speculation
Now I have told you guys I sold over half at $4, yet rebought at 2.50 and 2.7, well two days ago I bought at 2.42 believing this was unvalued and still is imo. This is judging based on Marketcap and price. i could be wrong, but doing some math and heres what I got.
current price future price | 2.94 | | x
market cap times money holdings | 24.57 | times | (earnings report+Private offering+last public offering = 53.7)
X = about $6.42 a share
Now I did this way lower at a 19mil mc, but it shows we are undervalued based on the money they hold, which one that July 7 if we remain under $6.42 we will moon and shows we will destroy the next earning report. Now give or take we might be shy of $6.42 or could be more due to the fact the breakthrough got nndm the government contract. Just food for thought of a long term holder.
TA
As of now 2.40ish is the double bottom zone, which will be massive support, yet I'm looking for 2.57ish to become support now and that 2.98 range, which was one of our targets. Now usually we will pop off and test that recent high, yet due to low volume in after market we got pushed down to 2.88, yet I don't see that becoming an issue.
-MACD turned bullish
-RSI is overbought-not sure if that matters due to the news that just came out since volume was trash
-VPVR levels are in a high trading range again.
-Since for now we doubled bottom we call the 2.34-2.57 range the golden zone to buy
Again like I said I believe this stock/company is going far in the near future. Sure they look like trash since the IPO, yet 3D technology was just getting started and most IPO are trash when they come out since its just an idea. Now NNDM has a product and is ready to go. Long term hold you'll make money, short term we are speculating the best price to buy. Again good luck and hopefully we see the $5 or higher before July 7th cause i need more Ramen.