10 Best Drone Stocks to Buy According to Billionaires

2. The Boeing Company (NYSE:BA)

Number of Billionaires: 17

Billionaire Holdings: $4,347,891,119

The Boeing Company (NYSE:BA) is a leading aerospace company that boasts an impressive lineup of uncrewed vehicles that operate in the air, across the sea, on the ground, and beyond the Earth’s atmosphere.

According to a report, the Japanese Ministry of Defense concluded a contract with the company in December for the research and development of UAVs that are capable of combat operations in collaboration with manned aircraft. Under the nearly $1 million agreement, The Boeing Company (NYSE:BA)’s Japanese subsidiary will carry out aerial tests for the prospective drones.

Last year, the aerospace giant delivered the first MQ-25 Stingray to the U.S. Navy for testing. This will be the service’s first carrier-based UAV. The unmanned aircraft will provide aerial refueling capabilities to extend the combat range of deployed fighter jets.

The Boeing Company (NYSE:BA) is one of the best drone stocks to buy right now. The company significantly lowered its losses and improved its cash burn during the first quarter of fiscal 2025, while revenue rose 18% year-over-year, in a sign that the company appears to be on track to come through the turbulent times it has faced for the last year and a half.

Wall Street analysts remain bullish on the stock, with a consensus Strong Buy rating. According to Insider Monkey, 17 billionaires hold a stake in The Boeing Company (NYSE:BA), with combined holdings of more than $4.3 billion.