May. 15 at 1:31 PM
$LPTH $UMAC who is
$LPTH customer and investor killed it last night
Unusual Machines target raised to
$22 at Needham (16.93)
Needham raises their UMAC tgt to
$22 from
$20. Analyst Austin Bohlig said, "We are reiterating our buy rating and raising our price target to
$22 following Unusual Machines' strong 1Q26 results, where revenue came in well ahead of Street expectations, reinforcing our conviction that UMAC is a key beneficiary of the U.S. drone supercycle. The quarter continued to highlight strong execution, as well as a deeply constrained drone supply environment that is increasingly prioritizing U.S. based suppliers. While we are modestly raising our 2026 revenue estimates to
$40M, we continue to see meaningful upside as Tranche 2 and C-UAS funding ramps in 2H26. More importantly, we expect Street estimates to continue moving higher throughout the year, given our view that UMAC has a clear path to a
$100M revenue run-rate by 2027 as the drone supercycle accelerates."
