In this article, we will list the 5 Best Unmanned Aerial Vehicle Stocks to Buy Now. Please visit 7 Best Unmanned Aerial Vehicle Stocks to Buy Now if you’d like to see an extended list and how we came up with the list of best unmanned aerial vehicle stocks.
5. AeroVironment Inc. (NASDAQ:AVAV)
AeroVironment Inc. (NASDAQ:AVAV) is one of the 7 best unmanned aerial vehicle stocks to buy now.
On April 1, AeroVironment Inc. (NASDAQ:AVAV) announced its selection by the US Navy to help meet the requirements for vital naval operations through Contractor-Owned, Contractor-Operated Intelligence, Surveillance, and Reconnaissance services. The company would compete with other industry partners to deliver turnkey Contractor-Owned, Contractor-Operated ISR services to the US Navy, as part of its initiative to modernize and extend Contractor-Owned, Contractor-Operated ISR capabilities.
With its JUMP 20-X Group 3 Vertical Take Off and Landing UAS, the US Navy would be able to take advantage of increased ISR capabilities to meet the demands for different land and marine missions.
On March 24, AeroVironment Inc. (NASDAQ:AVAV) announced the launch of LOCUST X3. It is a third-generation high-energy laser weapon system technology that offers very precise speed-of-light engagement capabilities to quickly neutralize unmanned aerial system threats.
Wahid Nawabi, chairman, president, and CEO of AeroVironment Inc., stated that LOCUST X3 offers an affordable, scalable solution to neutralize mass aerial threats and preserve a decisive advantage. Nawabi cautions that adversaries are using mass drone assaults and saturation techniques to challenge mission success and war survivability in the current evolving battlespace.
AeroVironment Inc. (NASDAQ:AVAV) operates in services associated with robotic systems for different business companies and government organizations. It works by creating, manufacturing, and providing support to these organizations. The Company develops drones and unmanned systems, along with AI-powered technologies for the defense industry.
4. Axon Enterprise Inc. (NASDAQ:AXON)
Axon Enterprise Inc. (NASDAQ:AXON) is one of the 7 best unmanned aerial vehicle stocks to buy now.
On February 26, Jordan Lyonnais from BofA reduced the price target on Axon Enterprise Inc. (NASDAQ:AXON) from $805 to $700 while maintaining a Buy rating on the stock.
Although the price target decline indicates the current negative sentiment prevailing in the company’s fundamentals, the firm still believes that Axon’s growth story remains intact and has chances for further acceleration.
On February 25, David Paige from RBC Capital reduced the price target on Axon Enterprise Inc. (NASDAQ:AXON) from $860 to $735 while maintaining an Outperform rating on the stock. The ability of the company to continue developing new categories and verticals and still be at the top in terms of the U.S. public safety market is evidenced by the fact that the objectives set for 2028 are exceeding and leading the fourth quarter and FY 2026 result above expectations.
According to the analyst, the company is benefiting from its ARR, moats, and network effects due to its leadership in AI.
Axon Enterprise Inc. (NASDAQ:AXON) offers technological solutions to different organizations for public safety. It is engaged in the production and sale of cloud-based software-as-a-service technology. Additionally, it also works on the development and marketing of various built-in hardware technologies. Its client portfolio includes local and international government organizations, third-party resellers, and more.
3. Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS)
Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) is one of the 7 best unmanned aerial vehicle stocks to buy now.
On March 26, the Naval Surface Warfare Centre, Port Hueneme Division, awarded Kratos Defence & Security Solutions Inc. (NASDAQ:KTOS) a contract to produce and provide up to 36 Oriole solid rocket motors and three Oriole Thrust Vector Control nozzle kits.
The deal also includes a funded base contract for the Oriole program, along with options that have the potential to raise the contract value for the solid rockets to $39.08 million. It also involves an option worth $10.14 million for three Oriole TVC production kits.
On March 3, Kratos Defence & Security Solutions Inc. (NASDAQ:KTOS) announced that a manufacturing contract for an amount of around $7 million has been given to them for a Counter UAS System. The system helps to identify, monitor, and classify potential threats such as cruise missiles, low-profile UAVs, and other aerial attacks. The secure facility of Kratos will be used for this program.
Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) serves the defense industry, commercial markets, national security organizations, and government agencies. The company delivers virtual systems for space vehicles, command and control software, and tracking solutions. It also offers aerial drone systems, propulsion systems for drones, supersonic systems, and intelligence surveillance, and microwave electronic products.
2. Ondas Inc. (NASDAQ:ONDS)
Ondas Inc. (NASDAQ:ONDS) is one of the 7 best unmanned aerial vehicle stocks to buy now.
On March 26, Maxim increased its price target on Ondas Inc. (NASDAQ:ONDS) from $16 to $22 while maintaining a Buy rating on the stock. The company is in an advantageous position to benefit from an increased military budget and the requirement for independent solutions for defense with its global system of systems approach. The firm also stated that Ondas currently has enough cash to sustain its operations until 2028, when it would reach its breakeven point.
On March 23, Ondas Holdings Inc. (NASDAQ:ONDS) announced $50.7 million in revenue, far more than the $7.2 million made last year. CEO Eric Brock stated that 2025 was a real turning point for the company. Things took off after the company was able to successfully combine all its different technologies into a single platform.
The greatest achievement was made possible through Ondas Autonomous Systems, which was the impetus for the company’s greatest performance to date. Brock also noted that the company started 2026 with a growing backlog and more momentum than ever before.
The company closed 2025 with over $1.5 billion in pro forma cash on hand, giving the team the power to grow operations continuously and take advantage of new opportunities. Long-term value creation remains the focus as the company plans to execute its strategy to drive sustained growth.
Ondas Inc. (NASDAQ:ONDS) develops and sells private wireless networks, autonomous drones, and automated data solutions and platforms through its two segments, i.e., Ondas Networks and Ondas Autonomous Systems. Its offerings include FullMAX, FullMAX SDR, Optimus, Insightful, and Raider, which have mission-critical applications.
1. Archer Aviation Inc. (NYSE:ACHR)
Archer Aviation Inc. (NYSE:ACHR) is one of the 7 best unmanned aerial vehicle stocks to buy now.
On March 9, Archer Aviation Inc. (NYSE:ACHR) announced that the U.S. Department of Transportation and Federal Aviation Administration have selected its partners in Texas, Florida, and New York to be part of the White House’s Electric Vertical Takeoff and Landing Aircraft Integration Pilot Program. This marks a major step towards bringing air taxis powered by electric propulsion to market in the United States.
For the first time in nearly 80 years, there is an opportunity to introduce a new type of aircraft. To prepare for the midnight aircraft flights under the eIPP, Archer will work with the Texas Department of Transportation, Florida Department of Transportation, and Port Authority of New York and New Jersey. Adam Goldstein, founder and CEO of Archer, stated:
“This is the clearest sign yet from the White House, FAA, and DOT that bringing air taxis to market is a real priority.”
In addition to its ongoing preparations for air taxi operations in Los Angeles during the 2028 Olympic Games, Archer anticipates that this will give useful operating experience that will assist in shaping future deployments in the US and drive public acceptability.
Archer Aviation Inc. (NYSE:ACHR) manufactures technological products and services associated with aircraft. It offers solutions to both the defense sector and the commercial sector. In addition to this, the company provides electric vertical takeoff and landing (eVTOL) aircraft for urban air taxi operations.
While we acknowledge the potential of ACHR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACHR and that has 100x upside potential, check out our report about the cheapest AI stock.
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