DroneShield stock: Jefferies cuts target to AUD 1.25

DroneShield stock (ISIN AU000000DRO2) is trading at EUR 0.92 at Lang & Schwarz on October 22, 2026 at 9:07 p.m. CEST. Jefferies cut its price target by 14.00 percent to AUD 1.25 on October 15, 2026, citing stalled underlying sales growth, according to Newsmetry.

Committed revenue reaches AUD 261.00 million

DroneShield had AUD 261.00 million of committed fiscal 2026 revenue as of October 12, 2026. That figure was 35.00 percent above the corresponding October 2025 level and sat within the company's AUD 250.00 million to AUD 270.00 million outlook, Streetwise Reports reported on October 16, 2026. Committed revenue is not the same as recognized revenue, so delivery timing remains material to the reported result.

ASX range remains wide

DroneShield last traded at AUD 1.51 on the Australian Securities Exchange on October 22, 2026 at 4:10 p.m. AEST. The 52-week range was AUD 1.42 to AUD 4.97, putting the latest ASX price AUD 3.46 below the high and AUD 0.09 above the low. Trading volume reached 3,525,253 shares on that session.

The euro quotation gives German investors a separate view of the same company. Its EUR 0.92 Lang & Schwarz price is an after-hours indication, while the ASX quotation had already completed its session.

Valuation and next operating date

DroneShield's market capitalization was AUD 1.4 billion, and its trailing price-to-earnings ratio was negative 44.81 on October 22, 2026. The company is still being valued against a growth profile that includes AUD 29.00 million of committed fiscal 2027 revenue, according to The Motley Fool Australia on October 20, 2026.

The next dated operating milestone is November 3, 2026, when the company's next software release is scheduled to become available. The release is intended to update detection, identification, tracking and disruption capabilities, according to Streetwise Reports.

DroneShield price and operating profile

Jefferies' October target cut contrasts with the revenue pipeline cited in the October update. The difference matters because AUD 261.00 million is committed for fiscal 2026, while only AUD 29.00 million is committed for fiscal 2027. That forward gap leaves contract conversion and new product deliveries as measurable factors for the next reporting cycle.

DroneShield develops counter-UAS hardware and software for military, government, law-enforcement and critical-infrastructure customers. Its investor-relations materials identify the Australian Securities Exchange and ticker DRO as the company's primary listing.

DroneShield stock price after hours

DroneShield was trading at EUR 0.92 at Lang & Schwarz on October 22, 2026 at 9:07 p.m. CEST. The ASX stock last traded at AUD 1.51 on October 22, 2026 at 4:10 p.m. AEST.

The further course of trading is shown by the continuously updated real-time quote of DroneShield stock.

Market context: Market report S&P/ASX 200.

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