Morningstar snapshot from 11/03/2026: Fair value: A$2.95 Five-star price: A$1.36 — this is my entry point Current price: A$4.02 Valuation: Overvalued Uncertainty: Very High Economic moat: Narrow 2025 revenue: A$216.5m Revenue growth in 2025: 276% Cash balance: A$209.4m Shares outstanding: ~913m Gross margin: ~60.9% Operating margin: ~-1.9% My interest in DroneShield is based on the long-term need for counter-drone technology, but only at the right price. The current conflict involving Iran is another reminder that drones are now a real threat to military assets, energy infrastructure and broader regional security.Read more

AU$1.36

57.4% overvalued

CFFF's

Fair Value

Revenue

0.7% p.a.

Profit Margin

1.62%

Future PE

1.05kx

Price in 2036

AU$2.82

DroneShield

DroneShield: From Tactical Supplier to Procurement Platform?

DroneShield sits in a part of defence that has moved from optional to operationally critical. The shift is not theoretical.Read more

AU$5

57.2% undervalued

smeveninvesting's

Fair Value

Revenue

19.39% p.a.

Profit Margin

1.62%

Future PE

946.75x

Price in 2031

AU$7.13

DroneShield

Droneshield is ramping up , 267% revenue increase in 2025

DroneShield is no longer a speculative concept stock it’s positioning itself as a scalable counter-drone defence supplier during a structural global defence expansion cycle. The key shift is moving from lumpy contract wins to repeat institutional procurement, particularly across NATO and US defense channels.Read more

AU$8.57

75.0% undervalued

danmad's

Fair Value

Revenue

30% p.a.

Profit Margin

5.23%

Future PE

758.05x

Price in 2028

AU$10.59

DroneShield

Counter Drone Demand And SaaS Shift Will Support Steady Prospects Without Exuberant Expectations

Cheap drones are spreading fast, and governments are starting to spend more on stopping them—putting DroneShield in the middle of a growing security need. The twist is that the big upside may come from adding more software and ongoing services to each device, but only if large public contracts and new civilian use cases show up as expected.Read more

AU$2.28

6.1% undervalued

AnalystLowTarget's

Fair Value

Revenue

34.6% p.a.

Profit Margin

15.41%

Future PE

36.34x

Price in 2029

AU$2.85

DroneShield

DRO: Joining Major Indexes And Key Defense Contracts Will Drive Demand

DroneShield rides a growing need to spot and stop drones as security worries rise, and it could benefit if new rules push airports, stadiums, and other sites to adopt counter-drone gear. But its results can swing on a few big government orders, and it must keep spending heavily to stay ahead of better-funded rivals.Read more

AU$3.73

42.6% undervalued

AnalystConsensusTarget's

Fair Value

Revenue

33.85% p.a.

Profit Margin

15.69%

Future PE

59.43x

Price in 2029

AU$4.66

DroneShield

Recurring SaaS And Expanding Pipeline Will Reshape Counter Drone Market Trajectory

Catalysts About DroneShield DroneShield provides integrated hardware, software and SaaS solutions for detecting and defeating drones and other unmanned threats across military and civilian markets. What are the underlying business or industry changes driving this perspective?Read more

AU$5

57.2% undervalued

AnalystHighTarget's

Fair Value

Revenue

38.95% p.a.

Profit Margin

18.91%

Future PE

58.65x

Price in 2029

AU$6.2

Trending Discussion

No trending discussion available.

Snowflake Analysis

Flawless balance sheet with high growth potential.

0 Risks

2 Rewards

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DroneShield Limited Key Details

Last Reported Earnings

Dec 31, 2025

Next Reporting Earnings

n/a

: 0.0038
: 60.93%
: 1.62%
: 0%

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About DRO

Founded: 2014
Employees: 450
CEO: Angus Bean
WebsiteView website: www.droneshield.com

DroneShield Limited engages in the development, commercialization, and sale of counter-drone hardware and software technology in Australia, the United States, Europe, Asia, the United Kingdon, and internationally. It provides DroneSentry-C2, a command-and-control platform; DroneSentry-C2 Enterprise, a browser-based monitoring platform; DroneSentry-C2 Tactical, a rugged command-and-control solution; RfPatrol-Plugin, a mobile-first ATAK-CIV plugin; Access Portal that provides centralized access to mission-critical support and resources. The company also offers RfPatrol Mk2, a wearable solution providing true airspace awareness for military, law enforcement, and executive security personnel; DroneGun Mk4, an ultra-portable handheld countermeasure; Immediate Response Kit, a rapidly deployable counter-drone solution; and DroneGun Tactical, a portable threat long range and highly effective countermeasure. In addition, it provides DroneSentry-X Mk2, a software-defined detection and adaptive disruption system; and Expeditionary Fixed Site (EFS) Kit that transforms the DroneSentry-X Mk2 into a sensor and effector solution for wide area operations. Further, the company offers DroneSentry, an autonomous interoperable detection and countermeasure; and SentryCiv, a drone detection system that delivers 360-degree radio frequency (RF) situational awareness using its RFAI engine. It serves defence and intelligence agencies; airports, ports, prisons, data centres, and other critical infrastructure; utilities, such as power plants, electricity grids, and gas pipelines; intelligence and national security agencies; stadiums and other public event venues and organizers; and assets owners. The company sells its products through third party distributors, as well as direct relationships with various customers. DroneShield Limited was founded in 2014 and is based in Sydney, Australia.