Honeywell International Inc. (HON): One of the Best Drone Stocks to Buy According to Wall Street Analysts

Honeywell International Inc. (NASDAQ:HON) is among the 9 Best Drone Stocks to Buy According to Wall Street Analysts. As of the close of business on May 8, the stock is a Moderate Buy, with an average share price upside potential of 20%.

Honeywell International Inc. (HON): One of the Best Drone Stocks to Buy According to Wall Street Analysts

boscorelli/Shutterstock.com

A Wall Street trading floor, chaotic with activity as traders and financial analysts analyze the company’s impact on the markets.

On April 27, RBC Capital maintained its Outperform rating on the stock with a share price target of $268. This was a reaffirmation of the firm’s previous update in January and followed the company’s recent announcement of first-quarter 2026 financial results.

Honeywell International Inc. (NASDAQ:HON) reported sales of $9.14 billion for Q1, increasing 2% year-over-year, but missing estimates of $9.31 billion. Earnings per share crashed 35% from the prior year to $1.29 due to higher restructuring costs.

While the company reaffirmed its full-year outlook for 2026, it projected Q2 revenue below Wall Street’s forecasts, due to the adverse impact of the Middle East conflict on its business.

Following the results, several other firms, including TD Cowen, Barclays, and Citigroup, also trimmed their price targets on the stock, while keeping their bullish outlook for the company.

In other news, on April 27, the industrial giant declared a quarterly dividend of $1.19 per share on common stock. The payment is scheduled for June 5 to all shareholders on record as of the close on May 15.

Honeywell International Inc. (NASDAQ:HON) is an integrated operating company serving a range of industries by delivering actionable solutions to address complex challenges in aviation, automation, and process technology.

While we acknowledge the risk and potential of HON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HON and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Large Cap Defense Stocks to Buy According to Hedge Funds and 18 Countries with Highest Indian Population in the World.

Disclosure: None. Follow Insider Monkey on Google News.