Ashar Jawad
Wed, May 13, 2026 astatine 5:33 AM CDT 2 min read
Honeywell International Inc. (NASDAQ:HON) is among the 9 Best Drone Stocks to Buy According to Wall Street Analysts. As of the adjacent of concern connected May 8, the banal is simply a Moderate Buy, with an mean stock terms upside imaginable of 20%.
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A Wall Street trading floor, chaotic with enactment arsenic traders and fiscal analysts analyse the company's interaction connected the markets.
On April 27, RBC Capital maintained its Outperform standing connected the banal with a stock terms people of $268. This was a reaffirmation of the firm’s erstwhile update successful January and followed the company’s caller announcement of first-quarter 2026 fiscal results.
Honeywell International Inc. (NASDAQ:HON) reported income of $9.14 cardinal for Q1, expanding 2% year-over-year, but missing estimates of $9.31 billion. Earnings per stock crashed 35% from the anterior twelvemonth to $1.29 owed to higher restructuring costs.
While the institution reaffirmed its full-year outlook for 2026, it projected Q2 gross beneath Wall Street’s forecasts, owed to the adverse interaction of the Middle East struggle connected its business.
Following the results, respective different firms, including TD Cowen, Barclays, and Citigroup, besides trimmed their terms targets connected the stock, portion keeping their bullish outlook for the company.
In different news, connected April 27, the concern elephantine declared a quarterly dividend of $1.19 per stock connected communal stock. The outgo is scheduled for June 5 to each shareholders connected grounds arsenic of the adjacent connected May 15.
Honeywell International Inc. (NASDAQ:HON) is an integrated operating institution serving a scope of industries by delivering actionable solutions to code analyzable challenges successful aviation, automation, and process technology.
While we admit the imaginable of HON arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 10 Best Large Cap Defense Stocks to Buy According to Hedge Funds and 18 Countries with Highest Indian Population successful the World.
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