Catapult Group (CAT) and DroneShield (DRO)
Hi James, Shawn and Team. Do you have a target 'sell' price for Catapult given it surpassed the UBS price target of $5.00? In the case of Droneshield do you have a buy target? Jeremy
The Latest Q&A
Answer
Hi Jeremy,
Two stocks who’ve both performed well in 2025, albeit to a mixed degree:
- Catapult Group (CAT) delivered an excellent FY result this week propelling the stock to new all-time highs. The business is starting to benefit from economies of scale, and we have no plans to take profit at this stage, and it wouldn’t surprise us if UBS lifted their Price Target (PT), along with other brokers. For now, we are happy backing the momentum, though we may trim our position back at some point, if the momentum stalls.
- DroneShield (DRO) is one of the most discussed stocks in the MM Q&A report, which, at least this year for the right reasons. The risk/reward is looking interesting around the $1.20 area, and we are considering buying a small holding here, leaving room to average. Our only caveat being, the stock has already spiked to our $1.40+ target area following its strong 1Q trading update where revenue came in ~100% higher at $33.5mn, and the company announced they had either received or had committed orders for $94.4mn in the current year.
