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Needham Reiterates Buy Rating on Unusual Machines (UMAC) following Q4 results

March 9, 2026 4:44 PM

Needham analyst Austin Bohlig reiterated a Buy rating and $20.00 price target on Unusual Machines (NYSE: UMAC)

The analyst commented, "We are reiterating our buy rating and $20 price target following Unusual Machines strong 4Q25 results where revenue grew 130% Y/Y to $4.9M, exceeding Street expectations, and further increases our confidence in the company’s positioning as a key beneficiary of the U.S. drone supercycle. The quarter highlighted strong operational execution, insights into the constrained drone supply environment and UMAC's strong exposure to Drone Dominance, with 6 tranche 1 awardees highlighted as current customers. While we are keeping our forward estimates largely unchanged, which implies ~$36M of revenue in 2026, we continue to see potential upside in 2H26 as Tranche 2 of Drone Dominance begins to ramp and U.S.sourced components become a greater priority."

For an analyst ratings summary and ratings history on Unusual Machines click here. For more ratings news on Unusual Machines click here.

Shares of Unusual Machines closed at $16.45 yesterday.

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