Analysts have raised their price target for DroneShield from $3.65 to $4.45 per share, citing stronger projected revenue growth and an updated outlook on future profitability.
What's in the News
- Critical Infrastructure Technologies Ltd. and DroneShield Limited have entered a Confidentiality Agreement to design and integrate Counter-Unmanned Aerial Systems (C-UAS) for the Nexus 20 platform, supporting the Ukrainian Ministry of Defence (Key Developments)
- This new agreement builds on recent collaborations with Babcock International, Nokia Solutions and Networks Oy, and Ericsson Limited to deliver full 4G/5G telecommunications systems for Nexus 20 (Key Developments)
- DroneShield Limited (ASX:DRO) has been added to the S&P/ASX 200 Index (Key Developments)
- DroneShield Limited has also been included in the S&P/ASX 200 Industrials Sector Index (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has risen from A$3.65 to A$4.45 per share. This reflects improved forecasts.
- Discount Rate increased slightly from 7.19% to 7.28%, which suggests a marginally higher risk premium.
- Revenue Growth projection increased from 49.7% to 56.3%. This indicates stronger expected sales expansion.
- Net Profit Margin projection dipped marginally from 26.7% to 26.4%.
- Future P/E ratio climbed from 41.3x to 44.9x, showing a higher valuation on projected earnings.
Disclaimer
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