The tweet was deleted by the author.
But we saved everything 🙂.
Gary Black, managing partner and investor at The Future Fund, reports that AVAV shares jumped 15 percent after hours following a fourth-quarter earnings beat and a higher-than-expected revenue outlook for FY’27.
Despite the upbeat revenue guidance, Gary Black notes that AVAV's guidance for adjusted EBITDA and EPS for FY’27 came in below consensus, but highlights the company's historical tendency to guide conservatively early in its fiscal year. He also points out that AVAV shares had previously declined.
Black has previously commented on sector peers and valuation trends. He noted that AVGO shares rose ahead of earnings as Wall Street renewed interest in custom AI chips. In another analysis, Black highlighted that investors are paying 150 times 2026 EV/EBITDA for SPCX compared to 19 times for NVDA based on 2026 metrics.