Business · Markets · 1 day ago
DroneShield shares would need to rise about 20% to reach $2
DroneShield is an Australian company that makes technology to detect, track and defeat drones.
Its shares were trading around $1.67 on Friday, after reaching a high of $6.70 in the past year.
At that price, they would need to rise about 20% to reach $2.
The company has secured a place on a US$500 million US procurement contract for counter-drone technology, but this does not guarantee it will receive that amount in sales.
Investors will also watch whether DroneShield can turn new demand into lasting profits, including through software and support subscriptions.
Short positions were reported at about 15.2% of shares in early October, and an ASIC investigation into company announcements and trading in November 2025 remains unresolved.
The investigation may affect confidence, and the sources say any outcome is uncertain.
The shares could rise above $2 in 2027 if the company wins more contracts, grows profitably and makes progress on governance concerns, but volatility is expected.
DroneShield shares were trading around $1.67 on Friday, after reaching a 52-week high of $6.70.
A Motley Fool AU article says the company could rise above $2 in 2027 if it wins contracts, grows profitably and addresses governance concerns.
In September, DroneShield secured a place on a US$500 million procurement contract for counter-drone technology, but that does not guarantee it will receive US$500 million in revenue.
The article points to demand for counter-drone technology and subscription services as potential growth drivers.
Risks include short positions reported at around 15.2% of shares on issue and an ongoing ASIC investigation.
- Who
- DroneShield Ltd, an Australian counter-drone technology company.
- What
- Its shares were trading around $1.67, as investors weighed potential growth against business and governance risks.
- When
- Friday, according to the article published on October 10, 2026.
- Where
- The shares trade on the Australian Securities Exchange.
- Why
- The article says future share performance may depend on contract wins, profitable growth and progress on governance concerns.
Bullish investors
Short sellers
Share price outlook
Bullish investors
The article's author says shares could rise above $2 in 2027 if the company wins contracts and grows profitably.
Short sellers
Reported short positions of around 15.2% of shares on issue indicate some market participants are positioned for further share price weakness.
I think there is every chance the shares could move beyond $2.00 in 2027.
The company announcements and information provided to the ASX, and trading in DroneShield shares during that period, became the subject of an ASIC investigation.
DroneShield secured a place on a US$500 million procurement contract for counter-drone technology.
Reported short positions represented around 15.2% of DroneShield shares on issue.
DroneShield shares traded around $1.67, according to the article.
- Friday share price
- Around $1.67
- 52-week high
- $6.70
- US procurement contract
- US$500 million; DroneShield secured a place on it
- Reported short positions
- Around 15.2% of shares on issue in early October
- Potential 2027 target
- Above $2.00
Sources
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