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Buy 3 Drone Technology Stocks to Enhance Your Portfolio Returns in 2026
ZACKS· 2025-12-04 14:11
Core Insights - The article highlights the growing importance of drone technology across various industries, emphasizing its evolution from basic operations to advanced missions, making drones essential tools [1] Group 1: Company Profiles - **AeroVironment Inc. (AVAV)**: Specializes in unmanned aircraft systems and efficient energy systems, serving primarily U.S. Department of Defense agencies. The company anticipates over 100% revenue growth and 10.4% earnings growth for the fiscal year ending April 2026 [5][7][8] - **Coherent Corp. (COHR)**: Focuses on breakthrough technologies across various markets, including industrial and communications. Expected revenue growth is 15.2% with earnings growth at 42.2% for the year ending June 2026 [9][10] - **Trimble Inc. (TRMB)**: Benefits from strong recurring revenue growth and digital adoption, particularly in its AECO and Field Systems segments. The company projects revenue growth of 6.9% and earnings growth of 11.1% for the next year [11][13] Group 2: Market Position and Growth Potential - AeroVironment's expected growth rates indicate a strong market position, particularly in defense-related applications, with a consistent earnings estimate over the past week [6][7] - Coherent's recent earnings estimate has improved by 9.6%, reflecting positive market sentiment and growth potential [10] - Trimble's focus on software-driven revenue and AI solutions positions it well for future growth, supported by a robust patent portfolio [12]