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DroneShield Limited ( (AU:DRO) ) just unveiled an announcement.
DroneShield Limited has applied to the ASX for quotation of 1,335,000 new fully paid ordinary shares under the ticker DRO, with an issue date of March 4, 2026. The additional quoted securities modestly expand the company’s listed share base and may support capital management or incentive structures, with limited but incremental impact on liquidity for existing shareholders.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$4.80 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited is an Australia-listed defence technology company focused on counter-drone and electronic warfare solutions. Its primary products typically address detection and mitigation of unmanned aerial threats for military, government, and critical infrastructure customers in both domestic and international markets.
Average Trading Volume: 17,237,541
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.55B
For an in-depth examination of DRO stock, go to TipRanks’ Overview page.