DroneShield: Not The Best Stock For A Drone Crisis, Still A Buy

DroneShield (DRO) maintains a Buy rating, though the price target is lowered to $3, reflecting tempered growth expectations. Recent Middle East drone aggression highlights demand, but DRO's soft-kill solutions are less effective against autonomous drones like Iran's Shahed. 2025 revenues surged 276% to A$216.5M, with adjusted EBITDA swinging from loss to A$36.5M profit; margins improved significantly.