DroneShield's Share Price Plummets Despite JPMorgan Vote of Confidence

DroneShield's share price has been plummeting despite record order intake and a growing institutional stake from JPMorgan Chase.

The US bank quietly increased its holding to 6.68% in August, coinciding with a sharp bounce in the stock.

Management revealed that contracted revenue for fiscal 2026 had reached A$206 million as of July 28, underpinning an upgraded full-year guidance of A$250 million to A$270 million.

The company's product pipeline is running ahead of its profit and loss statement, with new software releases expected to contribute to revenue growth in 2027.