Here's what's happening.

DroneShield Ltd (ASX: DRO) shares sink amid high expectations

DroneShield shares are having a week to forget.

At the time of writing, shares in the drone defence company are trading hands for $1.74, down 14.9% since last Friday's close.

The ASX 200 stock closed down 13.2% on Tuesday following a trading update.

Investor expectations were clearly high, with DroneShield shares still trading on a material premium compared to most of its defence stock peers.

This saw the stock get walloped despite reporting expectations of a 74% year-on-year increase in first half-year (H1 2026) revenue to $125.8 million. And the company forecast that full-year revenue will be in the range of $250 million to $270 million, up 15% to 25% from 2025.

Liontown Resources Ltd (ASX: LTR) shares sink on rising costs

Liontown shares also took a big hit this week on the heels of the company's June quarter update.

At the time of writing, shares in the Aussie lithium producer are trading for 98 cents apiece. That sees this ASX 200 stock down 17.5% over the week.

Investors have been favouring their sell buttons, despite Liontown meeting all of its FY 2026 production and cost guidance figures. And June quarter sales revenue of $235 million was up 19.3% from the prior quarter.

The ASX lithium stock also boosted its cash at bank balance by 260% over the last year to $561 million as at 30 June.

Potentially giving investors the jitters, Liontown reported an all-in sustaining cost (AISC) of $1,314 per dry metric tonne (dmt) sold, up 5% quarter on quarter.

Which brings us to…

Stanmore Resources Ltd (ASX: SMR) shares tumble on update

The third ASX 200 stock tumbling in this week's rising market is Stanmore Resources.

At time of writing, shares in the ASX coal miner are trading for $2.42 each, putting the Stanmore share price down 15.3% since last Friday's close.

The stock came under heavy selling pressure on Tuesday and Wednesday following the miner's quarterly operational update.

Like DroneShield and Liontown, the sell-down came despite a relatively solid performance.

Over the three months, Stanmore reported ROM coal production of 5.1 million tonnes, up 27% quarter on quarter. And saleable production of 3.3 million tonnes was up 3%.

However, investors may have been hoping for an upgrade in Stanmore's full-year 2026 production or earnings guidance, which remained unchanged.

The post Why these 3 ASX 200 stocks are crashing in this week's surging market appeared first on The Motley Fool Australia.

While all ASX stocks are subject to the occasional unexpected moves higher or lower, DroneShield has historically been particularly volatile. Especially as the company has gained global interest over the last three years.

Indeed, it was only back on 9 October, that shares in the S&P/ASX 200 Index (ASX: XJO) drone defence company closed at an all-time high of $6.60.

Which would have been an exceptionally poor time to buy the stock.

In late afternoon trade on Thursday, DroneShield shares were swapping hands for $1.80 each. While that was up 0.6% for the day, it sees the share price down a painful 72.7% from the October record high.

As mentioned, we've seen some outsized gains and losses from the ASX 200 defence stock before. More than once. And it's quite possible DroneShield can recover those losses, and more, in the year or years ahead.

But, while I certainly don't advocate trying to time the market, when it comes to investing in pioneering companies like DroneShield shares, it can pay to get in early.

Here's what I mean.

What a $10,000 investment in DroneShield shares five years ago is worth now

On 30 July 2021, you could have snapped up the shares in the drone defence company for just 18 cents apiece.

Meaning your $10,000 investment would have netted you 55,555 DroneShield shares.

At the recent price of $1.80 a share, that investment would now be worth $99,999.

That's a gain of 899%, which smashes the 21.3% gains delivered by the ASX over this same period.

What's the latest from the ASX 200 drone defence stock?

DroneShield released a 2026 calendar year trading update on Tuesday, 28 July.

The company said it expects first half (H1 2026) revenue to come in at $125.8 million, up 74% year on year. And management expects recurring revenue, which can help smooth out some of that volatility, of around $14.2 million, representing 11.3% of the total.

For the full 2026 calendar year, DroneShield provided revenue guidance in the range of $250 million to $270 million range. That represents a 15% to 25% increase on 2025 revenue.

Commenting on the first half, DroneShield managing director and CEO Angus Bean said, "We have converted global customer demand into revenue, deepened engagement with defence and government customers, and continued to scale the business at pace while executing a structured leadership transition."

Amid high market expectations, DroneShield shares closed down 13.2% on the day of the release.

The post $10,000 invested in DroneShield shares 5 years ago is now worth… appeared first on The Motley Fool Australia.

Brokers have indicated continuing confidence in several ASX 200 shares this week.

Let's take a look.

National Australia Bank Ltd (ASX: NAB)

The NAB share price is $41.47, up 0.7% today and up 8% over 12 months. 

UBS renewed its buy rating on the ASX 200 bank share with a 12-month price target of $50 today.

This suggests a potential 20% upside ahead.

Liontown Ltd (ASX: LTR)

The Liontown share price is $1.01, down 8.9% today and up 23% over 12 months. 

Morgans reiterated its buy rating on the ASX 200 mining share today.

The broker cut its 12-month price target from $1.70 to $1.40.

This implies potential capital gains of almost 40% ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $57.73, up 3.8% today and up 88% over 12 months. 

Mineral Resources was among the 5 best ASX 200 mining shares of FY26 for share price growth.

Bell Potter reaffirmed its buy rating on Mineral Resources shares today.

The broker cut its price target from $83 to $75, suggesting almost 30% upside ahead.

Genesis Minerals Ltd (ASX: GMD)

The Genesis Minerals share price is $5.65, down 5.7% today and up 48% over 12 months. 

Bell Potter renewed its buy rating on the ASX 200 gold share on Thursday.

The broker reduced its 12-month target from $9.75 to $9.20.

This implies a potential 65% lift over the next year.

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.81, up 0.8% today and down 43% over 12 months. 

Bell Potter renewed its buy rating on Droneshield shares with a $2.50 target this week.

This suggests a potential near-40% upside ahead.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price is $6.26, down 6% today and up 105% over 12 months. 

Canaccord Genuity reiterated its buy rating on the ASX 200 industrial share on Wednesday.

The broker adjusted its price target from $14 to $14.20.

This implies a potential 125% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $13.83, down 1.9% today and up 29% over 12 months. 

Canaccord Genuity reiterated its buy rating yesterday with a price target of $21.

This implies potential capital gains of more than 50% ahead.

Domino's Pizza Enterprises Ltd (ASX: DMP)

The Domino's Pizza share price is $19.84, up 10% today and up 7% over 12 months. 

Dominos released an FY26 earnings update and balance sheet review yesterday.

The company said preliminary unaudited underlying net profit after tax (NPAT) was expected to be between $118 million and $122 million, consistent with previous guidance.

UBS renewed its buy rating on the ASX 200 consumer discretionary share.

The broker cut its 12-month price target from $22 to $21.

This implies potential capital growth of 5% over the next year.

The post 8 ASX 200 shares with strengthened buy ratings this week appeared first on The Motley Fool Australia.

The counter-drone technology company's shares ended the session 13% lower at $1.81.

The catalyst for this was an update which revealed strong growth but also signs of strong competition.

Is this a buying opportunity? Let's see what Bell Potter is saying about the popular ASX stock.

What is the broker saying?

Bell Potter highlights that DroneShield has released a market update and provided guidance which was softer than expected. It said:

1H26 revenue is expected to be $125.8m, up 74% YoY and CY26e revenue is expected to be in the range of $250-270m up 15-25% on CY25, 17-23% below VA consensus of $323m. As at 28 July 2026, CY26 committed revenue were $206m (up from $161m in late May 2026) implying DRO expects $44-64m of work to be won and then delivered over the next five months. Orders secured in the balance of 2026, and particularly ones in the final months of the year, are more likely to form part of Committed Revenue in CY27 and beyond. 

There remains upside to guidance from orders arising outside of the sales pipeline. DRO estimates 1H26 gross margin to be 60% down from 65% in the PCP. The compression is driven by increased mix to third party hardware, FX movements and raw material impairment. DRO is still targeting a gross margin of ~65%, supported in 2H26 by next-gen hardware sales and increasing SaaS mix.

The broker was also disappointed with the lack of wins in the United States during the FIFA World Cup. It was expecting significantly more contract wins than the sole Kansas City contract. It commented:

DRO acted as the primary threat and detection layer for Kansas City during the 2026 FIFA World Cup, however, of the 11 states awarded US$325m for C-UAS protection, this was the only major contract won by DRO, likely representing US$5-10m. 

This result, which was below our expectations, signals lower levels of share for DRO initially in the US Public Safety market than that held by incumbent Public Safety suppliers, such as Axon Enterprises. 

Should you buy DroneShield shares?

In response to the update, Bell Potter has taken an axe to its valuation.

However, due to recent share price weakness, it still sees plenty of value in DroneShield shares.

As a result, the broker has retained its buy rating with a reduced price target of $2.50 (from $4.80).

Based on its current share price of $1.81, this implies potential upside of 38% for investors over the next 12 months.

Commenting on its investment thesis, Bell Potter concludes:

We expect continued contract wins, particularly from Europe where DRO has a leading presence in the C-UAS EW vertical, supported by high moat next-gen products. Retain Buy, TP lower to $2.50, EBITDA changes: -97%/-75%/-50%.

The post Leading broker on DroneShield shares and rising competition  appeared first on The Motley Fool Australia.

The counter-drone technology company sank 13% to $1.81, taking its decline over the past 12 months to around 40%.

Has that weakness created a buying opportunity?

Why did DroneShield shares fall?

The sell-off followed a trading update that contained plenty of growth, but also gave investors reasons to remain cautious.

DroneShield expects first-half revenue of $125.8 million, up 74% on the prior corresponding period. Its committed FY26 revenue has reached $206 million, equal to 95% of the revenue generated across all of FY25.

Management now expects FY26 revenue of between $250 million and $270 million, representing growth of 15% to 25%.

Those figures show the business is still expanding quickly. However, I think the market may have focused on the expected first-half gross margin of 60%, down from 65% a year earlier.

DroneShield attributed the decline to sales mix, currency movements, third-party hardware, and costs identified during its production relocation and new business system rollout.

I think investors may also have hoped for a stronger full-year outlook after the company's earlier growth. Expectations remain high, which can produce severe share price reactions when an update falls short of what the market imagined.

What caught my attention?

I think there was still plenty to like. DroneShield announced $23.2 million of European military contracts covering vehicle-mounted counter-drone systems, subscriptions, warranties, and services. Around $21 million is expected to contribute to FY26 committed revenue.

The company also introduced RfAI-3, the latest version of its radio frequency detection engine.

The technology is designed to identify emissions from drones that are not already included in existing signature libraries. I think that capability could become increasingly valuable as drones, signals, and tactics continue changing.

Initial next-generation hardware releases are expected during the second half of 2026, with further products planned for 2027.

I also like the recurring revenue opportunity. Software, subscriptions, and long-term services contributed an estimated $14.2 million during the first half. This represents 11.3% of total revenue. There is still work ahead before software becomes a much larger part of the business, but I feel the early progress is encouraging.

Is the share price good value?

At $1.81, DroneShield shares are cheaper, but they are not obviously cheap.

Based on current CommSec consensus estimates, the company is valued at approximately 70 times FY26 earnings, 42 times FY27 earnings, and 24 times FY28 earnings.

Those later multiples could prove attractive if DroneShield delivers the expected growth, protects margins, and turns its expanding hardware base into more subscription revenue.

Foolish takeaway

I think Tuesday's fall has created a buying opportunity for patient growth investors.

The latest update did not remove the risks, and I expect the DroneShield share price to remain highly volatile. However, revenue is growing, committed work is substantial, and the next product cycle could support further expansion.

At $1.81, I think the potential long-term return has improved enough to justify buying, provided investors keep the position size sensible and can tolerate further sharp falls.

The post Down 40%, is the DroneShield share price good value? appeared first on The Motley Fool Australia.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 to rise again

The Australian share market looks set for another good session on Wednesday despite a mixed night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 72 points or 0.8% higher. In the United States, the Dow Jones rose 1% and the S&P 500 climbed 0.2%, but the Nasdaq fell 0.2% on chip stock weakness.

Oil prices tumble

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have another tough session on Wednesday after oil prices tumbled again overnight. According to Bloomberg, the WTI crude oil price is down 4.2% to US$79.14 a barrel and the Brent crude oil price is down 5% to US$83.93 a barrel. Traders have been selling oil prices down this week in response to easing US-Iran tensions.

Buy DroneShield shares 

Bell Potter continues to rate DroneShield Ltd (ASX: DRO) shares as a buy. However, due to increasing competition, it has cut its price target on the counter-drone technology company's shares materially to $2.50 (from $4.80). It said: "DRO acted as the primary threat and detection layer for Kansas City during the 2026 FIFA World Cup, however, of the 11 states awarded US$325m for C-UAS protection, this was the only major contract won by DRO, likely representing US$5-10m. This result, which was below our expectations, signals lower levels of share for DRO initially in the US Public Safety market than that held by incumbent Public Safety suppliers, such as Axon Enterprises."

Gold price falls

ASX 200 gold shares Westgold Resources Ltd (ASX: WGX) and Northern Star Resources Ltd (ASX: NST) could have a poor session on Wednesday after the gold price dropped. According to CNBC, the gold futures price is down 1.2% to US$4,027.10 an ounce. Traders were selling gold ahead of the US Federal Reserve meeting.

Buy Develop Global shares

Now could be the time to buy Develop Global Ltd (ASX: DVP) shares. This morning, Bell Potter responded to the mining and mining services company's quarterly update by retaining its buy rating with a trimmed price target of $6.50. It said: "While the Woodlawn restart has generally exceeded expectations with regard to operational performance, we are disappointed by the higher-than-expected operating cost. DVP offers investors strong leverage to copper, zinc and lithium prices. We view M&A activity as a potential short-term catalyst."

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

Meantime, brokers have identified some stocks they think are good buys for the new financial year.

Let's check them out.

ASX shares raised to strong buy status for FY27

The following stocks have been recently upgraded to 'strong buy' consensus ratings among analysts on the CommSec platform.

A consensus rating is the average rating based on the opinions of multiple analysts.

4DMedical Ltd (ASX: 4DX)

The 4DMedical share price is $3.17, down 3.2% on Tuesday.

This ASX All Ords healthcare share soared 1,244% over the past 12 months.

Philippe Bui from Medallion Financial Group has a buy rating on 4DMedical shares.

He commented this week (courtesy The Bull):

The company is well capitalised and we remain content holders at current levels given several potentially positive catalysts.

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.78, down 14% today.

The ASX All Ords industrials stock has lost 40% of its value over 12 months.

Canaccord Genuity is among the brokers with a buy recommendation on this defence company.

The broker has a price target of $3.75, implying a potential 110% upside on this current price in FY27.

Kingsgate Consolidated Ltd (ASX: KCN)

The Kingsgate share price is currently $4.16, down 2.12% on Tuesday.

The ASX All Ords gold share is up 72% over 12 months.

Canaccord Genuity has a buy rating on Kingsgate shares with a 12-month target of $8.10.

This suggests the stock could almost double over the new financial year.

Elevra Lithium Ltd (ASX: ELV)

This All Ords lithium share was among the 5 best-performing stocks of FY26, rising 327%.

Elevra has a globally diversified portfolio of mines and development projects across Québec, North Carolina, Ghana, and Western Australia.

The company was formed through the merger of Piedmont Lithium and Sayona Mining.

The miner's flagship project is the North American Lithium Project. 

Macquarie is among the brokers with a buy call on this ASX All Ords mining share.

The broker sets a $14.50 target for this stock, implying a potential 91% upside in FY27.

Dexus Industria REIT (ASX: DXI)

This real estate investment trust (REIT) is trading at $2.49 apiece, up 1.84%.

The Dexus Industria REIT share price has declined 9% over the past year.

MA Financial Group is among the brokers with a buy call.

MA Financial gives Dexus Industria stock a 12-month share price target of $3.30.

This implies a potential 33% upside from here.

NRW Holdings Ltd (ASX: NWH)

The NWH share price is $7.16, down 2.2% today.

The ASX All Ords industrial share has risen 123% over 12 months.

Morgans is among the brokers with a buy call on NRW shares.

Looking ahead to the August reporting season, the broker said:

We expect strong FY26 earnings with our forecast ($284m) slightly ahead of VA consensus ($281m) and towards the upper end of guidance ($275-285m).

For FY27, we expect NWH to guide ahead of consensus (MorgansF $315m vs consensus $308m).

Morgans lifted its 12-month target from $6.60 to $8, which suggests a potential 12% upside in FY27.

The post 6 ASX shares lifted to strong buy consensus status for FY27 appeared first on The Motley Fool Australia.

At the time of writing, the ASX defence stock is down around 11% and trading at just $1.86 a piece.

Today's decline follows a long run of losses over the past couple of months. The shares are now down around 44% year to date and 38% below trading levels this time last year.

What has happened to DroneShield shares today?

The company announced $23.2 million in new European military contracts ahead of the ASX open this morning. 

It also announced that its first-half FY26 revenue is expected to come in at $125.8 million, up 74% on the prior corresponding period (PCP). Recurring revenue is estimated at $14.2 million (11.3% of total) for the same six-month period.

Gross margin for the first half is estimated at 60%, lower than 65% in PCP. DroneShield cites sales mix and other factors.

DroneShield also said it forecasts total FY26 revenue in the range of $250 million to $270 million, up 15 to 25% on FY25.

It looks like, although the update is strong on paper, forecasts are a miss versus market expectations. Clearly, investors aren't impressed with the update, and many have rushed for the exit.

Should I buy DroneShield shares before the end of July? Or is it too late?

The experts are divided in their outlook for DroneShield shares over the next 12 months. But after today's share price crash, all current target prices imply an upside ahead.

TradingView data shows that of the four analysts, two have a strong buy rating and two have a sell or strong sell rating.

There is a huge range in the target prices, too. The minimum $2.05 target price implies a 10% upside at the time of writing. Meanwhile, the average target price of $3.22 implies a potential 73% upside over the next 12 months. And the maximum $4.80 target price suggests that DroneShield shares have the potential to fly 157% higher back to trading levels seen earlier this year.

I expect that brokers could revise their outlooks and target prices on DroneShield shares over the coming days. 

My view on the ASX defence stock?

I think that at the current trading price, DroneShield shares are currently below fair value. If the defence company manages to maintain its guidance figures (or upsize them) for the first half FY26 at its results announcement next month, it could help ignite some confidence back into the stock.

The post DroneShield shares crash 11% today: Should I buy before the end of July? appeared first on The Motley Fool Australia.

What did DroneShield report?

• Secured $23.2 million in contracts with a European military end-customer via COBBS BELUX BV.
• 1H 2026 revenue expected at $125.8 million, up 74% on the prior corresponding period (PCP).
• Recurring revenue for 1H 2026 estimated at $14.2 million (11.3% of total).
• FY2026 committed revenue stands at $206 million, near last year's full revenue already.
• Gross margin for 1H 2026 estimated at 60%, lower than 65% in PCP due to sales mix and other factors.
• FY2026 total revenue is forecast in the $250 million–$270 million range, up 15–25% on FY2025.

What else do investors need to know?

DroneShield has released RfAI-3, its next-generation radio frequency detection engine. This technology marks a significant leap in counter-drone capabilities, allowing operators to detect unknown and evolving drone threats more effectively.

The company expects first releases of new RfAI-3-equipped hardware in the second half of 2026, with further deployments into 2027. Meanwhile, existing customers can still access software updates via subscription, as the RF detection library continues to expand.

DroneShield's growth momentum is supported by existing contracts, a strong sales pipeline, and a commitment to innovation and operational growth. Investors can expect further detail when 1H 2026 results are released on 26 August, followed by an investor call.

What did DroneShield management say?

CEO and Managing Director Angus Bean said:

The first half of 2026 has been an important period for DroneShield. We have converted global customer demand into revenue, deepened engagement with defence and government customers, and continued to scale the business at pace while executing a structured leadership transition … We have also commenced the rollout of our next-generation product roadmap, the most significant product cycle in our history, which we expect to begin contributing from 2027. Innovation remains core to our mission … and we enter the second half with strong momentum and conviction in the opportunity ahead.

What's next for DroneShield?

Looking forward, DroneShield expects to deliver FY2026 revenue of $250 million to $270 million, reflecting strong order momentum and demand in global defence markets. A focus on launching next-generation hardware and expanding recurring software revenue will play key roles in maintaining long-term growth.

Management is investing in R&D, operational and sales capabilities to support this trajectory. The RfAI-3 and new hardware platforms are anticipated to underpin the next growth phase from 2027.

DroneShield share price snapshot

Over the past 12 months, DroneShield shares have declined 34%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.

View Original Announcement

The post DroneShield secures major contracts and flags record revenue growth appeared first on The Motley Fool Australia.

Drones have reshaped modern conflict: detecting and defeating them has become a spending priority for governments worldwide.

Three ASX-listed companies are at the heart that supply chain, though their risk profiles could hardly be more different.

One is scaling rapidly with a record order book, another has momentum clouded by a regulatory investigation, and the third is a micro-cap that has just walked back its guidance.

ASX defence shares in focus: Electro Optic Systems

Electro Optic Systems Holdings Ltd (ASX: EOS) delivered a blockbuster update this week.

First half 2026 revenue came in at approximately $169 million, a 284% increase on the prior year. The company's order book reached a record $846 million at 30 June, up 84% from $459 million at the end of 2025. Available cash stood at $256 million, with a further $30 million in unused debt facilities.

Management upgraded FY26 base business revenue guidance to between $280 million and $300 million, and underlying EBITDA is expected to be positive for the first half. What is worth noting is that the upgraded guidance excludes any contribution from MARSS, the European command-and-control business acquired in May, with management expecting to update that outlook during August.

Recent wins include a roughly $175 million Slinger counter-drone order from a UAE customer.

To put things into context, EOS shares have risen 140% over 12 months, against a 1% gain for the S&P/ASX 200 Index (ASX: XJO).

DroneShield

DroneShield Ltd (ASX: DRO) is the purest counter-drone exposure on the ASX.

In its latest results, first quarter 2026 revenue jumped 121% to $74.1 million. The company finished March with $222.8 million in cash and no debt.

Its sales pipeline now spans 312 projects worth roughly $2.2 billion, including one opportunity carrying a $730 million price tag.

The company's half year results are scheduled for 26 August.

However, not everything is smooth sailing for this stock. Governance is a key concern: ASIC is formally investigating the company's ASX announcements and share trading during November 2025.

Moreover, shareholders also delivered a first strike against the remuneration report at the annual general meeting, with more than half voting against it. This has the potential to trigger a board spill if repeated next year.

Ava Risk Group

Ava Risk Group Ltd (ASX: AVA) is the smallest and most speculative of the three.

What does the company actually do? Ava supplies fibre optic sensing and perimeter intrusion detection rather than counter-drone systems specifically.

That places the company adjacent to the counter-drone theme. Perhaps as a result, Ava has not been able to capture the same momentum as its counter-drone peers.

The company recently guided FY2026 revenue to approximately $29.0 million, below its previous range of $34 million to $37 million. Management attributed roughly $6.0 million of the shortfall to delayed rather than lost orders. Gross margins were maintained at 60% to 64%, and underlying EBITDA is expected to be modestly positive.

In positive news, the company also secured a place on the Department of Home Affairs Border Protection Technologies Panel, which opens access to a recurring pipeline of Commonwealth contracts.

The risks across these ASX defence shares

Defence revenue is lumpy by nature: orders slip and government budgets shift.

Ava's downgrade is a reminder of exactly that.

Valuations have also run hard across the sector, so investors looking to get fresh exposure to the sector will be paying a large price for these shares.

Foolish takeaway

The counter-drone thesis looks set to continue into the future.

Conflicts in Ukraine and the Middle East have provided a durable long-term tailwind for these companies.

But ASX defence shares are not a homogeneous group.

EOS is delivering at scale, DroneShield has momentum shadowed by governance questions, and Ava is a micro-cap working through a downgrade.

Investors should recognise company-specific risks and weigh each stock on its own merits rather than buying the theme wholesale.

The post 3 ASX defence shares riding the counter-drone boom appeared first on The Motley Fool Australia.

That's because I believe it is worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.

With that in mind, listed below are the 10 most shorted shares on the ASX this week according to ASIC.

The top 10 most shorted ASX shares

• Lotus Resources Ltd (ASX: LOT) continues its long run as Australia's most shorted share with short interest of 22.8%. This uranium developer's shares have been suspended for some time while it prepares a funding package.
• Domino's Pizza Enterprises Ltd (ASX: DMP) has seen its short interest remain flat at 13.8%. Short sellers seem to be betting against this pizza chain operator's turnaround plans.
• 4DMedical Ltd (ASX: 4DX) has short interest of 13.1%. This could be due to valuation concerns. The medical technology company has reported revenue of $5 million year to date in FY 2026, but has a market capitalisation of almost $2 billion. 
• DroneShield Ltd (ASX: DRO) has short interest of 13.1%, which is up again since last week. This could also be due to valuation concerns, as well as the company's recent disclosure of an ASIC investigation relating to certain company announcements and share sales.
• Flight Centre Travel Group Ltd (ASX: FLT) has 12.2% of its shares held short, which is up week on week again. Short sellers appear to believe the Middle East conflict could negatively impact the travel agent. 
• Boss Energy Ltd (ASX: BOE) has short interest of 11.9%, which is up week on week. Short sellers will be eagerly anticipating the release of this uranium miner's production update later this week. There are concerns over its production outlook beyond 2027. 
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 11.8%, which is up slightly again week on week. Short sellers have been loading up on this radiopharmaceuticals company's shares since it struggled gaining US FDA approvals.
• CAR Group Limited (ASX: CAR) has short interest of 11.6%, which is flat since last week. There may be concerns that higher interest rates could negatively impact the auto listings company's performance.
• Paladin Energy Ltd (ASX: PDN) has 11.5% of its shares held short, which is flat week on week. Short sellers will have been disappointed to see this uranium producer's shares rally this month following a positive quarterly update.
• Elders Ltd (ASX: ELD) has short interest of 10.5%, which is down week on week. This agribusiness company has underperformed the market's expectations this year. Short sellers appear to believe this trend will continue.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

Well, I think the ASX 200 has several growth shares that are definitely worth a closer look.

Here are three companies I would consider buying.

Breville Group Ltd (ASX: BRG)

The best consumer brands can become part of a customer's daily routine.

Breville has achieved that through its premium coffee machines and kitchen appliances, particularly among people who want a better coffee experience at home.

But I think the opportunity extends well beyond selling one machine.

Customers can later buy grinders, accessories, replacement products, beans, and newer machines as their interest in coffee develops. Breville's Beanz platform also connects users with specialty coffee roasters, giving the company another way to remain involved after the original purchase.

The ASX 200 share continues to launch new products and expand into international markets where its brands still have room to grow. Recent sales strength across newer regions shows Breville is building a much broader global business rather than relying only on Australia and the United States.

Tariffs, currency movements, and discretionary spending could create bumps along the way. Breville must also keep producing products that justify premium prices.

However, I think its combination of innovation, brand strength, and international expansion gives the company an attractive long-term outlook.

Xero Ltd (ASX: XRO)

Small business owners rarely want to spend more time doing administration.

They want to send invoices, get paid, manage payroll, understand cash flow, and know where the business stands without searching through spreadsheets or paperwork.

Xero is an ASX 200 share increasingly bringing those tasks into one financial platform.

The company now serves around 4.9 million customers globally, giving it an enormous base across which it can introduce more services. Payments, payroll, analytics, artificial intelligence, and other financial tools can all increase the value customers receive from the platform.

The Melio acquisition adds another important piece, particularly in the United States. Helping small businesses manage bills and payments could make Xero more closely involved in the movement of money rather than simply recording transactions after they happen.

That creates room for Xero to grow through customer numbers and higher spending from existing users.

The company still needs to integrate Melio successfully and compete against established US software providers. However, I think Xero has a genuine opportunity to become the financial operating system for millions more small businesses.

DroneShield Ltd (ASX: DRO)

Drones have changed what defence forces and security organisations need to protect against.

DroneShield develops counter-drone technology that helps customers detect, track, identify, and respond to unwanted drones.

Hardware remains the company's biggest revenue generator. Its portable and fixed systems can be deployed across military sites, airports, prisons, borders, critical infrastructure, and major public events.

I think that market could keep expanding as drones become cheaper, faster, and more capable.

DroneShield also has a major opportunity to grow its software revenue because counter-drone systems need to remain current. New drone models, signals, and tactics create demand for regular updates, improved threat libraries, and better detection performance.

As more hardware is deployed, the company could have a larger installed base to support with software and services.

It is higher risk and I would keep the position measured, but I think DroneShield's specialist market position makes it one of the most exciting ASX 200 growth shares.

Foolish takeaway

What I like about these ASX 200 shares is that they have ways to earn more from the customers they already serve, while continuing to expand into much larger international markets.

I think that gives the investment case more depth than relying only on adding new customers.

Breville, Xero, and DroneShield could all be volatile, but for patient investors looking for growth in August, I think all three are worth buying.

The post Where to invest $20,000 in ASX 200 shares in August appeared first on The Motley Fool Australia.

Its shares surged and then almost halved from their peak, showing how quickly excitement can run ahead of valuation.

For investors looking for a high-growth technology opportunity, I think there is a better option on the ASX.

Why I would leave SpaceX alone

Space Exploration Technologies Corp (NASDAQ: SPCX) listed at US$135 per share before racing as high as US$225.64.

That early enthusiasm has since disappeared, with the stock recently reaching a 52-week low of US$113.31.

The lower price will tempt investors who believe Starlink, Starship, space launches, and other long-term projects could support enormous growth. I can understand the interest because SpaceX has built capabilities that few companies can match.

Even after the decline, I think the stock carries a demanding valuation. Investors are still being asked to pay heavily for growth that may take years to reach its full potential.

Space exploration also requires huge amounts of capital, while technical setbacks, launch delays, competition, and regulation can all affect the investment case.

I would rather look for a company where the valuation gives me more confidence in the potential return.

The ASX share I would buy

DroneShield Ltd (ASX: DRO) would be my choice.

The company develops counter-drone technology that helps defence forces, governments, and security organisations detect, track, and respond to unwanted drones.

Its hardware remains the largest source of revenue, including portable and fixed systems designed for military sites, airports, prisons, critical infrastructure, and other sensitive locations.

I think the long-term demand picture is becoming clearer. Drones are becoming cheaper, more capable, and easier to access, while their use across warfare, surveillance, smuggling, and disruption continues expanding.

That creates a growing need for technology that can recognise a threat quickly and help customers decide how to respond.

DroneShield also has a major opportunity to increase its software revenue. Its systems need regular updates as new drone models, signals, and tactics emerge, giving the company scope to sell software subscriptions, threat libraries, support, and other ongoing improvements.

A larger software contribution could deepen customer relationships and gradually make revenue more recurring.

Does the valuation look better?

DroneShield shares are trading around $2.21.

According to CommSec consensus estimates, the company is expected to generate earnings per share of 2.6 cents in FY26, 4.3 cents in FY27, and 7.4 cents in FY28.

That puts the shares on price-to-earnings ratios of approximately 85 times FY26 earnings, 51 times FY27 earnings, and 30 times FY28 earnings.

The near-term valuation is still high, although it falls quickly if the company delivers the expected earnings growth.

I do not think 30 times FY28 estimated earnings looks excessive for a business with a large global opportunity and the potential to grow both hardware and software revenue.

DroneShield still needs to win contracts, expand production, manage rapid growth, and compete with much larger defence companies. Government procurement can also make revenue uneven between periods.

Those uncertainties are why I would keep the position measured.

Foolish takeaway

SpaceX may eventually grow into its valuation, but I think investors are still paying a considerable price for that possibility.

DroneShield offers exposure to another fast-growing technology market at a valuation I find easier to justify based on current earnings forecasts.

The company has established hardware products, a growing software opportunity, and a specialist position in a market receiving increased attention from defence and security customers.

At around $2.21, I would forget SpaceX stock and buy DroneShield shares instead.

The post Forget SpaceX stock and buy this exciting ASX share appeared first on The Motley Fool Australia.

After reaching $6.71 in October, the counter-drone technology share is now trading around $2.17.

I think that reset has created a more appealing opportunity. Here are three reasons I would buy.

The valuation has become easier to justify

DroneShield remains a growth share, so investors should expect to pay more than they would for a mature industrial or defensive business.

According to CommSec consensus estimates, the company is expected to generate earnings per share of 2.6 cents in FY26, 4.3 cents in FY27, and 7.4 cents in FY28.

That puts the shares on price-to-earnings ratios of approximately 83 times FY26 earnings, 50 times FY27 earnings, and 29 times FY28 earnings.

The early multiples are high, but they fall quickly if DroneShield delivers the expected earnings growth. An FY28 multiple of around 29 times does not look excessive to me for a company whose earnings could almost triple between FY26 and FY28.

The share price could still fall if contract wins or earnings arrive more slowly than expected. Even so, investors are being asked to pay far less for the long-term opportunity than they were near the 52-week high.

Counter-drone demand could keep growing

DroneShield develops technology that helps military, government, law enforcement, and critical infrastructure customers detect, track, and respond to unwanted drones.

I think the need for those systems is becoming easier to understand.

Drones are now cheaper, more capable, and more widely available. They can be used for surveillance, smuggling, disruption, and attacks, creating security challenges across battlefields, airports, prisons, energy facilities, borders, and major public events.

DroneShield has spent years focusing on this market and offers portable, vehicle-mounted, and fixed-site systems. That specialist position could help it capture a growing share of customer spending as counter-drone protection becomes a more established part of defence and security budgets.

The company still competes with much larger defence groups, while government procurement can move slowly and produce uneven revenue. I would accept those uncertainties because I think the market itself has substantial room to expand.

Software could strengthen the business

Hardware currently generates most of DroneShield's revenue, and I expect equipment sales to remain central to its growth.

However, the company also has a major opportunity to earn more from software.

Counter-drone equipment needs to keep recognising new drone models, frequencies, and tactics. Customers may therefore require software updates, threat libraries, support, and ongoing improvements after the original system has been delivered.

That can extend the relationship beyond a single hardware purchase.

As the installed base grows, DroneShield could have more opportunities to sell software and services to existing customers. A larger recurring revenue contribution could make earnings more dependable and increase the value of each customer relationship.

I think this part of the story deserves more attention because it gives the company another way to grow alongside rising hardware demand.

Foolish takeaway

DroneShield still carries more uncertainty than an established ASX blue chip share, and I would keep the position measured.

The company needs to convert market demand into contracts, deliver equipment on time, expand its operations carefully, and meet ambitious earnings expectations.

At around $2.17, I think the potential reward has become more attractive. The counter-drone market is expanding, DroneShield has built a strong specialist position, and growing software revenue could improve the business over time.

Those three factors make DroneShield shares a buy for me today.

The post 3 reasons to buy DroneShield shares now appeared first on The Motley Fool Australia.

The increase is good news for investors, but it's been a volatile ride for the ASX defence stock this year.

DroneShield shares have fluctuated anywhere between $4.74 in January and a low of $2.14 late last week. At the current trading price, the stock is down 35% year to date and 54% from its January 2026 peak.

The shares are also now 41% below trading levels this time last year.

What happened to DroneShield shares in the first half of 2026?

There has been a turnaround in sentiment around DroneShield shares over the past few months.

After a strong start to the year, supported by higher global defence budgets and geopolitical volatility following conflict in the Middle East, the share price started falling. Investors flocked to defence-related shares when governments around the world hiked their defence budgets and geopolitical risk worsened. 

After a peak in late-March, it looks like investors started turning their back on the stock and a sell-off accelerated into May and again in June.

A combination of recent governance and regulatory issues and the cooling of conflict in the Middle East dragged DroneShield shares down.

And surprisingly, reignited conflict in the region hasn't done anything to support investor interest in the defence technology company.

It looks like, now, investors are concerned that the company's future growth may not be large enough to justify its share price. 

Is the ASX defence stock a buy, sell, or hold?

I think sentiment around DroneShield shares is finally cooling. I think we could see some more downside over the next few weeks ahead of the company's half-year FY26 financial results announcement in mid August.

It looks like analysts are sharply divided about DroneShield shares, too.

TradingView data shows that out of four analysts, two have a strong buy rating, and two have a sell or strong sell rating.

The average $3.22 target price still implies a potential 48% upside at the time of writing. The maximum $4.80 target price implies that DroneShield shares could leap another 120%. 

Meanwhile, some are more bearish, tipping the shares to fall 6% from the current trading price, to $2.05 a piece. 

Canaccord Genuity is one analyst with a bullish view on the shares. It renewed its buy rating on Droneshield shares earlier this month, with a 12-month price target of $3.75.

The post Down 41%: Can DroneShield shares bounce back, or is the rally finally over? appeared first on The Motley Fool Australia.

In this article are three ASX 200 shares I'd buy that have fallen by more than 30% over the past year.

REA Group Ltd (ASX: REA)

REA shares are down around 33% over the past 12 months.

This ASX 200 share owns realestate.com.au, which attracts an enormous audience of buyers, sellers, renters, and property watchers. That attention gives REA a major advantage because agents and developers want their listings placed where Australians are already looking.

The more people who use the platform, the more important it becomes to advertisers. That helps REA protect its market position, charge more for premium products, and keep investing in a better experience for users.

I also think the opportunity extends beyond property listings. REA can use its audience, data, and relationships to grow areas such as seller leads, property insights, financial services, and tools for agents.

Housing activity can slow when interest rates remain high or confidence weakens, which may weigh on listing volumes and near-term earnings. However, those conditions do not remove the competitive advantage created by REA's scale.

After the share price decline, I think investors are being offered a more attractive entry point into one of the strongest online businesses on the ASX.

Life360 Inc (ASX: 360)

Life360 shares have dropped around 31% since this time last year.

The tech company has built a digital platform that helps families stay connected and respond when something goes wrong. Users can check whether a child has arrived at school, receive driving alerts, find a lost item, or keep an eye on an elderly relative.

Those frequent interactions can make Life360 part of a household's normal routine, which helps explain the scale the platform has reached.

Life360 finished the first quarter of 2026 with 97.8 million monthly active users and 3 million paying Circles. Advertising revenue also climbed to US$19.7 million during the quarter.

That large audience gives the company several ways to keep growing. Life360 can attract more users, convert more families into paying subscribers, sell connected devices, introduce additional safety services, and earn more advertising revenue.

Given its strong growth potential and the share price decline, I think an attractive buying opportunity has opened up.

DroneShield Ltd (ASX: DRO)

DroneShield shares are down approximately 38% over the past year and I think that has created a buying opportunity.

The company develops counter-drone technology that helps defence forces, governments, and security operators detect, track, and respond to unwanted drones.

Hardware remains its biggest revenue generator, with DroneShield supplying portable and fixed systems designed to protect military sites, airports, prisons, critical infrastructure, and public events.

I think demand could keep growing as drones become cheaper, more capable, and more widely used.

DroneShield also has a major opportunity to grow its software revenue. Counter-drone systems need to keep pace with new drone models, signals, and tactics, creating demand for updates, threat libraries, support, and ongoing improvements.

That could extend customer relationships beyond the original hardware sale and gradually make more of its revenue recurring.

Foolish takeaway

Falls of more than 30% show that the market has already lowered its expectations for these companies.

I think each business still has clear ways to become larger and more valuable, supported by customer relationships and capabilities that have taken time to develop.

Further volatility is possible, particularly with Life360 and DroneShield. But at sensible position sizes and with a long holding period, I would use the recent weakness to buy all three ASX 200 shares.

The post 3 ASX 200 shares down over 30% that I'd buy appeared first on The Motley Fool Australia.

That's because I believe it is worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.

With that in mind, listed below are the 10 most shorted shares on the ASX this week according to ASIC.

The top ten most shorted ASX shares

• Lotus Resources Ltd (ASX: LOT) is still Australia's most shorted share with short interest of 22.8%. This uranium developer was due to return from a lengthy suspension last week with an update on its Kayelekera Project. Instead, the company requested more time as it prepares a funding package.
• Domino's Pizza Enterprises Ltd (ASX: DMP) has seen its short interest ease again to 13.8%. Short sellers appear to be doubting this pizza chain operator's turnaround plans.
• DroneShield Ltd (ASX: DRO) has short interest of 12.8%, which is up sharply since last week. This counter-drone technology company's shares could have been targeted due to a recent ASIC investigation into an announcement and insider share sales.
• 4DMedical Ltd (ASX: 4DX) has seen its short interest rise to 12%. This could be due to valuation concerns, with the medical technology company's shares trading on sky-high multiples. 
• Flight Centre Travel Group Ltd (ASX: FLT) has 11.8% of its shares held short, which is up week on week. There are concerns this travel agent giant could be negatively impacted by the Middle East conflict. 
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 11.7%, which is down slightly again week on week. Short sellers appear to believe the radiopharmaceuticals company could continue to struggle gaining US FDA approvals.
• Boss Energy Ltd (ASX: BOE) has short interest of 11.7%, which is down week on week again. This uranium miner's production outlook beyond 2027 is uncertain. An update is  due by the end of August.
• CAR Group Limited (ASX: CAR) has short interest of 11.6%, which is up week on week. There may be fears that higher interest rates could slow the growth of the automotive market and listing volumes.
• Paladin Energy Ltd (ASX: PDN) has 11.5% of its shares held short, which is up week on week. It is another uranium producer that short sellers have been targeting.
• Elders Ltd (ASX: ELD) has entered the top ten with short interest of 10.75%. This agribusiness company has underperformed the market's expectations this year.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

That attention is understandable. The company sits in a market shaped by drones, electronic warfare, national security, and the growing need to protect military and civilian assets from aerial threats.

And after a major share price decline, investors face a difficult question. Are DroneShield shares a buy, hold, or sell?

DroneShield shares have fallen hard

DroneShield shares are trading around $2.29 at the time of writing.

That leaves the stock down about 65% from its 52-week high.

A fall of that size can make investors nervous, especially in a growth share where expectations have been high. It also changes the valuation discussion.

According to CommSec consensus estimates, DroneShield is forecast to generate earnings per share of 2.6 cents in FY26, 4.3 cents in FY27, and 7.4 cents in FY28.

Based on the current share price, that puts the stock on a price-to-earnings (P/E) ratio of around 88 times FY26 earnings, 53 times FY27 earnings, and 31 times FY28 earnings.

The near-term multiples are still high despite the share price decline.

But the FY28 valuation does not look excessive to me if DroneShield can keep scaling and become a larger, more profitable defence technology business.

Why I would buy

I think DroneShield shares are a buy for investors with a high tolerance for risk.

The reason is the market opportunity.

Drones have changed the way governments, defence forces, airports, prisons, critical infrastructure operators, and security agencies think about protection.

They can be used for surveillance, disruption, smuggling, attacks, and battlefield operations. That creates demand for systems that can detect, track, identify, and respond to drone threats quickly.

DroneShield is trying to become a trusted provider in that market.

I also like that the business is not only about hardware. Increasing software revenue could improve the quality of the revenue base over time, especially if customers keep paying for upgrades, subscriptions, support, data, and system improvements.

That could make the business more valuable than a simple equipment supplier.

What investors need to watch

DroneShield still has plenty to prove. The company needs to keep winning contracts, delivering products, expanding capacity, and turning demand into profits. Defence customers can take time to make decisions, and contract timing can create uneven revenue.

Competition is another risk. Counter-drone technology is attracting attention globally, and larger defence companies may push harder into the market.

There is also valuation risk to consider. Even after a 65% fall, DroneShield is still priced for significant growth. If earnings disappoint, the share price could fall further.

That is why position sizing is important. I would view DroneShield as a speculative growth share rather than a core blue-chip holding.

Foolish Takeaway

I would call DroneShield shares a buy, but only for investors who can handle volatility.

The share price fall has made the valuation more reasonable, particularly if the company can deliver the growth currently expected over the next few years.

The counter-drone market appears to have a long runway, and DroneShield has a strong position in a field that is becoming more important to defence and security customers.

There will be bumps along the way. Contract timing, execution, competition, and valuation all need watching. Still, for patient investors willing to accept the risks, I think DroneShield shares are worth buying after this heavy fall.

The post Down 65%: Are DroneShield shares a buy, hold, or sell? appeared first on The Motley Fool Australia.

That's because I believe it is worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.

With that in mind, listed below are the 10 most shorted shares on the ASX this week according to ASIC.

The top ten most shorted ASX shares

• Lotus Resources Ltd (ASX: LOT) continues its run as Australia's most shorted share with short interest of 22.8%. The ASX uranium developer suspended its shares last month while it prepares an update on its Kayelekera Project. Lotus shares are due to return to trade on 16 July.
• Domino's Pizza Enterprises Ltd (ASX: DMP) has seen its short interest ease again to 13.9%. Short sellers are betting heavily against the pizza chain operator's turnaround plans.
• DroneShield Ltd (ASX: DRO) has short interest of 11.9%, which is down slightly since last week. Short sellers have been targeting the counter-drone technology company after it revealed an ASIC investigation into some announcements and insider share sales.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 11.9%, which is down slightly since last week. This radiopharmaceuticals company has seen its short interest ease since announcing the successful outcome of a Type B meeting with the US FDA.
• Boss Energy Ltd (ASX: BOE) has short interest of 11.8%, which is down week on week again. There are concerns over this uranium miner's production outlook. An update is due by the end of August.
• 4DMedical Ltd (ASX: 4DX) has seen its short interest rebound to 11.5%. This medical technology company's shares trade on sky-high multiples. It appears that short sellers believe this valuation is excessive.
• Flight Centre Travel Group Ltd (ASX: FLT) has 11.4% of its shares held short, which is flat week on week. Short sellers may be expecting the travel agent giant's near term performance to be negatively impacted by the Middle East conflict.
• Paladin Energy Ltd (ASX: PDN) has 11.4% of its shares held short, which is down week on week. Short sellers appear to be betting against the uranium bull market.
• CAR Group Limited (ASX: CAR) has short interest of 11.3%, which is down since last week. This may be due to fears that higher interest rates could slow the growth of the automotive market and listing volumes.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest ease to 10.9%. The wine giant, which owns the Penfolds brand, is facing tough trading conditions because of the cost of living crisis.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

At the time of writing, the shares are down around 7% and trading at $2.26 each. It's the lowest level the shares have fallen to in 2026 so far.

Today's decline means DroneShield shares are now down 18% over the past month, down 32% year to date, and 11% from trading levels this time last year.

What happened to DroneShield shares this year?

There has been a significant shift in sentiment around DroneShield shares over the past couple of months.

The company had a strong start to the year. Its shares were supported by higher global defence budgets and geopolitical volatility amid conflict in the Middle East. But by May, investors seemed to turn their backs on the stock.

A combination of recent governance and regulatory issues and the cooling of conflict in the Middle East has dragged DroneShield's shares down.

While heightened conflict can increase interest in defence technology, particularly counter-drone systems, signs of easing will do the opposite.

Meanwhile, governance concerns have also weighed on sentiment. DroneShield announced in May that the Australian Securities and Investments Commission (ASIC) had requested the company provide reasonable assistance in connection with an investigation relating to market announcements and share trading in November 2025.

Now there are concerns about ongoing volatility, and that the company's future growth may not be large enough to justify its share price. 

So the question is, is there anything left ahead for DroneShield shares? Or can the stock fall even further? 

Here's what the experts think.

Buy, sell, or hold?

I wouldn't jump at the chance to add more DroneShield shares to my portfolio right now, but I wouldn't cut and run either.

And it looks like analysts are sharply divided, too.

TradingView data shows that analysts are split in their outlook for the counter-drone technology stock over the next 12 months, but they all agree we'll see some element of upside ahead.

Out of four analysts, two have a strong buy rating, and two have a sell or strong sell rating.

The average $3.41 target price still implies a potential 49% upside at the time of writing. The maximum $4.80 target price implies that DroneShield shares could leap another 110%. Meanwhile, some are more bearish, tipping the shares to sit unchanged from the current trading price of $2.28 a piece. 

Canaccord Genuity is one analyst with a bullish view on the shares. It renewed its buy rating on Droneshield shares earlier this month, with a 12-month price target of $3.75.

The post DroneShield shares crash another 7% today: Is this the end for the once-soaring defence stock? appeared first on The Motley Fool Australia.