DroneShield stock gains as revenue jumps 74 percent

DroneShield stock (ISIN AU000000DRO1) closed at AUD 1.745 in Sydney on September 9, 2026, while first-half 2026 revenue rose 74 percent to AUD 125.8 million and committed revenue reached AUD 240.4 million by August 21. The tension between those numbers still defines the share price.

Revenue and backlog

According to ad hoc news on September 8, 2026, DroneShield reported first-half revenue of AUD 125.8 million, up 74 percent year on year, while statutory profit swung to a loss of AUD 32.2 million from a profit of AUD 2.1 million a year earlier. Underlying EBITDA moved from AUD 8.0 million to minus AUD 12.4 million.

Committed revenue stood at AUD 240.4 million on August 21, 2026, up 36 percent from the prior year and above the entire revenue base of fiscal 2025, according to ad hoc news. Management also reaffirmed full-year 2026 sales guidance of AUD 250 million to AUD 270 million.

Analysts stay split

On September 3, 2026, ad hoc news reported that Bell Potter cut its target from AUD 2.50 to AUD 2.40 and kept Buy, while Canaccord Genuity set AUD 2.60. The same report said Jefferies was at AUD 1.45 and Ord Minnett at AUD 1.50, showing a spread of AUD 1.15 between the top and bottom targets.

For investors, the key comparison is clear: the stock closed at AUD 1.745 on September 9, 2026, below Canaccord's AUD 2.60 and above Jefferies' AUD 1.45. That leaves the valuation debate open even after a 74 percent first-half revenue increase.

Price still reflects doubt

DroneShield stock ended the session at AUD 1.745 on September 9, 2026, after the Sydney close. The level sits between the bearish and bullish analyst cases, with the latest reported backlog and profit swing still doing the heavy lifting in the debate.

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