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%. boscorelli/ 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.