8 Best Drone Stocks to Buy According to Analysts

7. Honeywell International Inc. (NASDAQ:HON)

Analyst Upside: 15.59%

Number of Hedge Fund Holders: 75

Honeywell International Inc. (NASDAQ:HON) ranks among the best drone stocks to buy according to analysts. Although Honeywell International Inc. (NASDAQ:HON) increased its 2025 revenue projection, Jefferies kept its Hold rating and $240 price target on the company on August 4, in line with the broader analyst consensus of Hold.

Due to advancements in its Building Automation (BA) division, which was previously predicted to expand at mid-single digits, Honeywell International Inc. (NASDAQ:HON) raised its organic revenue prediction for 2025 by two percentage points.

According to year-to-date short cycle improvement, the company’s Industrial Automation (IA) segment outlook also improved, going from a mid-single digit decrease to a low-to-mid-single digit decline. In the first half, BA was up 8%, while IA was down just 2%.

Honeywell International Inc. (NASDAQ:HON) is a multinational conglomerate headquartered in Charlotte, North Carolina. Performance materials and technology, building automation, aircraft, and safety and productivity solutions are the company’s four main business sectors.