Roth Capital lowered the firm's price target on Airship AI to $6.50 from $8 and keeps a Buy rating on the shares. The firm reduced the company's 2026 an 2027 estimates to reflect a "more subdued near-term ramp." However, it remains optimistic on Airship AI as the Department of Homeland Security moves closer to a budget resolution. Airship's $10M-$11M backlog entering 2026, a "record" opportunity pipeline, expanding commercial opportunities and expected entry into other edge AI opportunities supports a "robust" outlook, the analyst tells investors in a research note.
