Next Vision Draws Bullish Coverage From Needham and UBS With High Price Targets
Next Vision attracts bullish coverage from Needham and UBS, with international investment firms highlighting massive growth in the stabilized drone camera market and projecting strong revenue surges.
Next Vision, a leading Israeli manufacturer of stabilized cameras for drones, is capturing the attention of major global investment firms, with Needham and UBS initiating coverage with bullish ratings and substantial price targets.
According to Globes, U.S. investment firm Needham has initiated coverage on Next Vision. In a report by analyst Austin Bohlig, the firm issued a "buy" rating with a price target of NIS 275 per share, representing a 22% premium over its current market price.
Valuation and Market Correction
Despite the recent wave of international interest, Next Vision's stock has pulled back significantly, trading down 42% from its peak in early March amid broader euphoria cooling off in the defense sector on the local bourse. The company currently commands a market capitalization of NIS 21 billion, down from its all-time high of NIS 36 billion.
Needham highlights Next Vision as a prime play on the "super-cyclical" drone market, providing stabilized cameras that serve as the "eyes" for autonomous aerial vehicles, micro-drones, and tactical ISR and strike missions. Because strike weapons are consumable, they require recurring purchases of additional cameras.
Aggressive Growth Projections by UBS
Swiss banking giant UBS has also initiated comprehensive coverage on Next Vision, issuing a "buy" recommendation with a much more generous 12-month price target of NIS 434 per share—implying an upside of roughly 93%. In a bull-case scenario, UBS sets an even higher target of NIS 682, representing over 200% upside.
"Next Vision is uniquely positioned as a platform-agnostic supplier, benefiting from skyrocketing demand regardless of which drone manufacturer wins market share," UBS noted in its coverage.
UBS models anticipate revenues surging from $168 million in 2025 to $407 million in 2026, and scaling past $1.5 billion by 2030, driven by aggressive production capacity expansions from roughly 1,500 units per month in early 2026 to over 5,000 units by year-end.
