Ord Minnett rates DroneShield stock Hold with AUD 1.60 target
Published on 10/15/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and price position
- Ord Minnett assigned a Hold rating and an AUD 1.60 target on October 1, 2026.
- DroneShield last traded at AUD 1.42 on the ASX on October 15, 2026.
- DroneShield stock costs EUR 0.88 at Lang & Schwarz on October 15, 2026 at 10:49 p.m. CEST, down 4.38 percent on the day on ASX.
- DroneShield's price-to-earnings ratio was minus 42.14 and its market capitalization was AUD 1.3 billion.
Ord Minnett assigned DroneShield a Hold rating and an AUD 1.60 price target on October 1, 2026, putting the target 12.68 percent above the ASX price of AUD 1.42. The assessment gives investors a dated benchmark while the stock trades near the bottom of its annual range. DroneShield stock was at EUR 0.88 at Lang & Schwarz on October 15, 2026 at 10:49 p.m. CEST, down 4.38 percent on the day on ASX.
AUD 1.60 target versus AUD 1.42
The Ord Minnett view is the clearest valuation reference in the latest market picture. According to Markets Insider, analyst John Lawlor put the shares on Hold with an AUD 1.60 target on October 1, 2026. The target stands 12.68 percent above the AUD 1.42 ASX price, a calculation based on the two quoted values.
The stock sits at its yearly low
DroneShield's ASX quote was AUD 1.42 on October 15, 2026 at 4:10 p.m. AEDT, with the market status shown as closed. That price matched the 52-week low and stood 72.80 percent below the AUD 5.22 52-week high. The one-year range therefore places the current Australian quote at its lower boundary rather than near its midpoint.
DroneShield had announced a Q4 2026 software release on October 14, 2026, with the related C2 release scheduled for November 3, 2026, according to DroneShield. The date is the next specific product milestone identified in the company material.
Valuation and November release date
DroneShield's market capitalization was AUD 1.3 billion on October 15, 2026, while its price-to-earnings ratio was minus 42.14. The company also reported 535 full-time employees in its company profile, and its investor-relations page identifies the ASX listing under ticker DRO. The combination of a negative ratio and a target above the current quote leaves the analyst benchmark dependent on future earnings delivery rather than on a dividend stream.
Comparison with peers
DroneShield (ASX, AUD): minus 4.38 percent, P/E minus 42.14, market capitalization AUD 1.3 billion
AeroVironment (NASDAQ, USD): plus 2.17 percent, P/E minus 21.17, market capitalization USD 6.3 billion
Red Cat Holdings (NASDAQ, USD): plus 3.59 percent, P/E minus 5.70, market capitalization USD 748.3 million
Price and trading position
The euro quotation was EUR 0.88 at Lang & Schwarz on October 15, 2026 at 10:49 p.m. CEST. The Australian listing last stood at AUD 1.42 on October 15, 2026 at 4:10 p.m. AEDT, and the comparison with the two US-listed peers shows different daily price directions across the counter-drone group.
The further course of trading is shown by the continuously updated real-time quote of DroneShield stock.
DroneShield market data
- Company: DroneShield Limited
- ISIN: AU000000DRO2
- Ticker: DRO
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 15, 2026, 10:49 p.m. CEST): EUR 0.88
- Change on ASX: minus 4.38 percent on October 15, 2026
- Market capitalization: AUD 1.3 billion (as of October 15, 2026)
- 52-week range: AUD 1.42-5.22 (as of October 15, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Price-to-earnings ratio: minus 42.14 (as of October 15, 2026)
- Volume: 8,261,055 shares (as of October 15, 2026)
Market context: Market report S&P/ASX 200.
