Analyst Austin Bohlig of Needham reiterated a Buy rating on Unusual Machines Inc., with a price target of $20.00.
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Austin Bohlig has given his Buy rating due to a combination of factors including Unusual Machines Inc.’s impressive third-quarter performance and promising future prospects. The company reported a significant 39% year-over-year increase in revenues, reaching $2.1 million, with the Enterprise segment contributing over half of the sales. This growth was complemented by a strong performance in their drone treasury portfolio, resulting in an earnings per share profit that surpassed market expectations.
Additionally, Bohlig is optimistic about the company’s expanding pipeline of Enterprise orders, which now exceeds $16 million and is expected to be fulfilled through the first half of 2026. Unusual Machines Inc.’s strategic position in supplying parts for high-demand programs like PBAS and Skyfoundry further supports the positive outlook. The analyst anticipates continued growth and potential upside in 2026 as the demand for drones increases, reinforcing the Buy rating.
According to TipRanks, Bohlig is a 3-star analyst with an average return of 29.5% and a 57.14% success rate.