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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%.

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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.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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