AI, Hypersonics, $24 Billion Market: Portfolio Manager Gives A Peek Inside GCAD's Bet On Drone Warfare Dominance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2025
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Source: Benzinga
Evolution of Military Drones: The military drone industry is rapidly advancing due to geopolitical tensions and technological innovations, with projections indicating expenditures could reach $24 billion by 2030. Key developments include advanced AI, autonomy, and swarm technology that are set to redefine modern warfare.
Changing Defense Strategies: Nations are adapting their defense doctrines to incorporate drones into surveillance and combat operations, reducing reliance on traditional ground forces. Investments in drone technology are increasing globally, particularly in the U.S., China, and India, as countries seek to enhance their military capabilities amidst rising tensions.
Analyst Views on GCAD
Wall Street analysts forecast GCAD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GCAD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 52.959
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Current: 52.959
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
