10 Best Drone Stocks to Buy According to Billionaires

6. Honeywell International Inc. (NASDAQ:HON)

Number of Billionaires: 13

Billionaire Holdings: $804,066,772

Honeywell International Inc. (NASDAQ:HON) is an integrated operating company that helps organizations address their most complex challenges in aviation, automation, and energy transition. It is an important player in the military drone market.

The company’s share price has surged by 10% over the past month, with a major spike following the first quarter 2025 results on April 29 in which the industrial and aerospace giant beat analysts’ expectations for revenue and profit. Honeywell International Inc. (NASDAQ:HON) also lifted its adjusted EPS guidance for the full year, despite flagging a $500 million exposure to tariffs.

In October last year, Honeywell International Inc. (NASDAQ:HON) partnered with Merlin Labs to bring autonomy to a wide range of aircraft, including military fleets, by integrating its advanced avionics suite with Merlin’s non-human pilot system to reduce pilot workloads during special missions.

On April 29, the US Army picked Near Earth Autonomy and Honeywell International Inc. (NASDAQ:HON) to lead a $15 million program to deliver an autonomous Black Hawk logistics solution. Under the agreement, the two companies will retrofit the helicopters with advanced autonomy kits, transforming the aircraft into high-tempo, uncrewed logistics platforms.

Honeywell International Inc. (NASDAQ:HON) is one of the best drone stocks to buy. According to Insider Monkey’s database, 13 billionaires held a stake in the company as of Q4 2024. Wall Street analysts are bullish on the stock with a consensus Buy rating and an average share price upside potential of 8.24%.