The drone industry is experiencing explosive growth, driven by increasing demand in defense, commercial applications and critical infrastructure.
Amid this surge, investors are turning their attention to companies at the forefront of unmanned aerial vehicle (UAV) technology.
Here are five drone stocks to put on your radar now and why they could be interesting buys for the future.
1. Aerovironment – The leader in tactical drones
AeroVironment (NASDAQ:) dominates the military and small unmanned aerial systems (UAS) sector, with its flagship Switchblade munition and Puma reconnaissance drones seeing strong demand from the Pentagon. As the United States and its allies increase their defense spending, AVAV is the main beneficiary.
Source: Investing.com
The company is also expanding into AI-driven autonomous drones, making it a key player in next-generation warfare. With strong contracts and growing global tensions, AVAV is a long-term growth story.
Trading at around $320 per share with a market cap of nearly $16 billion, analysts are forecasting significant upside. The consensus rating is a Strong Buy, with price targets averaging $383 through 2026, implying growth of over 20%.
Source: Investing.com
AeroVironment earns a financial health score of 2.21, reflecting strong fundamentals, strong government ties and a diversified portfolio of unmanned systems.
2. Textron – A defense giant with innovations in drone warfare
Textron’s (NYSE:) involvement in drones is through its Systems division, which develops unmanned aircraft like the Aerosonde VTOL UAS for reconnaissance and security operations. The company is also a leader in unmanned ground vehicles (UGVs), making it a rare dual threat in autonomous systems.
Source: Investing.com
TXT’s balanced portfolio makes it a resilient choice for long-term investors who envision modest but steady growth in drones. Additionally, the company’s significant defense contracts and R&D investments make it a reliable player for balanced exposure to drones.
With a price of around $90 and a market cap of $15.9 billion, TXT is worth a buy as a blue chip stock. Analysts predict a 2026 price target of up to…
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