Considering investing in drone stocks? While the best drone stocks depend on your portfolio and investment goals, we've identified some drone stocks that are worth keeping an eye on in the aerial tech sector. Keep reading to learn more about drone stocks and how to start investing.
9 popular drone stocks to watch
We round up a selection of stocks in or related to the aerial tech industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| AeroVironment (AVAV.US) | (data unavailable) | $14 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Ehang (EH.US) | (data unavailable) | $1 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Northrop Grumman Corporation (NOC.US) | (data unavailable) | $81.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| The Boeing Company (BA.US) | (data unavailable) | $141.7 billion (USD) | NYSE | (data unavailable) | Buy now |
| NVIDIA Corporation (NVDA.US) | (data unavailable) | $4.4 trillion (USD) | NASDAQ | (data unavailable) | Buy now |
| GoPro (GPRO.US) | (data unavailable) | $260.4 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Amazon-com (AMZN.US) | (data unavailable) | $2.5 trillion (USD) | NASDAQ | (data unavailable) | Buy now |
| Lockheed Martin Corporation (LMT.US) | (data unavailable) | $102.5 billion (USD) | NYSE | (data unavailable) | Buy now |
| Kratos Defense-and-Security Solutions (KTOS.US) | (data unavailable) | $12.8 billion (USD) | NASDAQ | (data unavailable) | Buy now |
What to look for when investing in drone stock
The aerial tech industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering drone stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in drone stock
- Research the aerial tech industry. Before investing, learn about the drone stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the drone stock(s) to buy. Search by company name or ticker symbol, like AVAV or AMZN. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy drone stocks
Are drone stocks a good investment?
While it's possible to turn a profit investing in drone stocks, keep in mind that—like any investment—drone stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the aerial tech industry, so carefully vet your picks before you invest.What are the best drone stocks?
A lot of factors go into picking the best drone stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong drone stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular drone stocks in or related to the aerial tech industry to help narrow down your options:
- AeroVironment (AVAV)
- Ehang (EH)
- Northrop Grumman Corporation (NOC)
- The Boeing Company (BA)
- NVIDIA Corporation (NVDA)
- GoPro (GPRO)
- Amazon-com (AMZN)
- Lockheed Martin Corporation (LMT)
- Kratos Defense-and-Security Solutions (KTOS)
Keep in mind that this is not a "best" list or a recommendation. It highlights some drone stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each drone stock below. Keep reading to decide if any of these companies are the right investment for you.
AeroVironment (AVAV)
AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates in two segments, Autonomous Systems; and Space, Cyber and Directed Energy.
| Market Capitalization | $14 billion |
|---|---|
| Gross profit (TTM) | $336.6 million |
| Profit margin | -4.14% |
| Revenue (TTM) | $1.1 billion |
| Earnings per share (TTM) | -$0.64 |
| 52-week stock price range | $102.25 – $417.86 |
Ehang (EH)
EHang Holdings Limited operates as an urban air mobility (UAM) technology platform company in the People's Republic of China, East Asia, West Asia, North America, South America, West Africa, and Europe. It designs, develops, manufactures, sells, and operates UAVs, as well as supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. The company's product portfolio includes EH216 series, the VT series, the Falcon B, and the GD series.
| Market Capitalization | $1 billion |
|---|---|
| Gross profit (TTM) | $264.3 million |
| Profit margin | -66.95% |
| Revenue (TTM) | $430 million |
| Earnings per share (TTM) | -$0.56 |
| 52-week stock price range | $12.71 – $29.76 |
Northrop Grumman Corporation (NOC)
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, the Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, and surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.
| Market Capitalization | $81.9 billion |
|---|---|
| Gross profit (TTM) | $7.9 billion |
| Profit margin | 9.82% |
| Revenue (TTM) | $40.9 billion |
| Earnings per share (TTM) | $27.75 |
| 52-week stock price range | $418.96 – $638.31 |
The Boeing Company (BA)
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through three segments: Commercial Airplanes; Defense, Space & Security; and Global Services. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements.
| Market Capitalization | $141.7 billion |
|---|---|
| Gross profit (TTM) | $965 million |
| Profit margin | -12.20% |
| Revenue (TTM) | $80.8 billion |
| Earnings per share (TTM) | -$13.70 |
| 52-week stock price range | $128.88 – $242.69 |
NVIDIA Corporation (NVDA)
NVIDIA Corporation, a computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally. The Compute & Networking segment includes its Data Centre accelerated computing platforms and artificial intelligence solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms; and DGX Cloud computing services. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating industrial AI and digital twin applications.
| Market Capitalization | $4.4 trillion |
|---|---|
| Gross profit (TTM) | $131.1 billion |
| Profit margin | 53.01% |
| Revenue (TTM) | $187.1 billion |
| Earnings per share (TTM) | $4.05 |
| 52-week stock price range | $86.61 – $212.19 |
GoPro (GPRO)
GoPro, Inc. provides cameras, mountable and wearable accessories, and subscription and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides HERO13 Black, HERO12 Black, HERO11 Black, HERO10 Black, HERO, and MAX cameras; Premium and Premium+ subscription, which are subscription services that include cloud storage for its content; and Quik subscription, a subscription service in total addressable market to those who value organizing the visual moments of their lives with footage from any phone or camera.
| Market Capitalization | $260.4 million |
|---|---|
| Gross profit (TTM) | $225.3 million |
| Profit margin | -18.68% |
| Revenue (TTM) | $650.8 million |
| Earnings per share (TTM) | -$0.76 |
| 52-week stock price range | $0.40 – $3.05 |
Amazon-com (AMZN)
Amazon. com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
| Market Capitalization | $2.5 trillion |
|---|---|
| Gross profit (TTM) | $346 billion |
| Profit margin | 11.06% |
| Revenue (TTM) | $691.3 billion |
| Earnings per share (TTM) | $7.09 |
| 52-week stock price range | $161.38 – $258.60 |
Lockheed Martin Corporation (LMT)
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
| Market Capitalization | $102.5 billion |
|---|---|
| Gross profit (TTM) | $6.1 billion |
| Profit margin | 5.73% |
| Revenue (TTM) | $73.3 billion |
| Earnings per share (TTM) | $17.95 |
| 52-week stock price range | $404.05 – $512.11 |
Kratos Defense-and-Security Solutions (KTOS)
Kratos Defense & Security Solutions, Inc. , a technology company, provides technology, products, and system and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally. The company operates in two segments, Kratos Government Solutions and Unmanned Systems.
| Market Capitalization | $12.8 billion |
|---|---|
| Gross profit (TTM) | $294.3 million |
| Profit margin | 1.56% |
| Revenue (TTM) | $1.3 billion |
| Earnings per share (TTM) | $0.13 |
| 52-week stock price range | $23.90 – $112.57 |
Compare trading platforms to buy drone stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding drone stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of drone stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the aerial tech industry to know when to buy, sell or hold.Frequently asked questions about drone stocks
Sources
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