Commonwealth Bank of Australia (ASX: CBA) shares have climbed higher on Monday.

At the time of writing, the banking giant’s shares are around 1.5% higher for the day and changing hands for $161.93 a piece.

It’s been a shaky first half of the year for the bank, with its share price swinging anywhere between $147.22 and $183.52 a piece.

The latest increase means CBA shares are now around 0.3% higher year to date, but still roughly 10% lower than 12 months ago.

For context, the S&P/ASX 200 Index (ASX: XJO) is trading around 1.5% higher on Monday morning and is now around 2.5% higher year to date.

What do brokers expect next from CBA shares?

According to Market Index data, all brokers have a strong sell rating on CBA shares. And they tip a 23% downside to an average target price of $124.20.

TradingView data shows something similar. The majority of analysts (12 out of 14) have a sell or strong sell rating on CBA shares. Another two have a hold rating. The average target price of $126.57 implies a potential 22% downside at the time of writing. However, some are even more bearish and have forecast the bank’s shares to drop another 44% to $90 a piece over the next 12 months.

Why are they so negative about CBA’s outlook?

CBA shares are widely considered overpriced versus its peers, and many think the share price isn’t supported by its business fundamentals. 

CBA’s price-to-earnings (P/E) ratio, at the time of writing, is around 22.75. This is much higher than the other major big four Australian banks.

The bank is facing ongoing earnings pressures, with expectations that growth will be in the single digits going forward.

Morgans’ Damien Nguyen has a sell rating on CBA shares. He said CBA shares trade at a significant premium versus its peers. But he said that while CBA is Australia’s highest quality bank, quality alone doesn’t justify the recent valuation.

Morgan Stanley also has a sell rating on the ASX bank stock and a $125 target price. It recently cautioned that a tax shakeup and three interest rate hikes could see ASX 200 bank stocks face a big increase in non-performing loans over the year ahead, even as their new housing loans face a decline.

Citi rates CBA as a sell with a $135 target price. The broker downgraded its outlook for the housing market, and by extension, the big four banks. It added that it thinks CBA faces the greatest risk of a slowdown in the housing market, given its stretched starting point.

The post Here’s what brokers tip for CBA shares over the next 12 months appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) has jumped more than 100 points on Monday after a breakthrough in the conflict between the United States and Iran.

At the time of writing, the benchmark index is up 1.34% to 8,922 points after climbing as high as 8,937.5 points earlier in the session.

That puts the ASX 200 at its highest level in around 2 months and within 3.1% of its February record high.

Investors are buying across most of the market, with around 150 stocks trading higher. Only 47 are lower, and 3 are unchanged.

The rally follows Friday’s 1.98% gain, leaving the index more than 3% higher over the past week.

US-Iran peace deal drives the rally

The main catalyst is a peace agreement between the United States and Iran after nearly 4 months of fighting.

The deal was reached with Pakistan’s help and is expected to extend the ceasefire and reopen the Strait of Hormuz to commercial shipping.

US President Donald Trump said the agreement would allow ships to move freely through the strait, while a formal signing is expected to take place in Switzerland later this week.

Some details still need to be settled, but investors have welcomed the prospect of lower geopolitical risk.

Wall Street also provided a positive lead on Friday, with the Dow Jones Industrial Average Index (DJX: .DJI) rising 0.7%, the S&P 500 Index (SP: .INX) gaining 0.5%, and the Nasdaq Composite Index (NASDAQ: .IXIC) adding 0.3%.

Miners and banks lead the gains

Mining shares are doing much of the heavy lifting after commodity prices moved higher outside the energy market.

BHP Group Ltd (ASX: BHP) shares are up 3.10% to $64.88, while Rio Tinto Ltd (ASX: RIO) shares have climbed 2.14% to $188.27.

Fortescue Ltd (ASX: FMG) shares are also 2.10% higher at $20.64.

The major banks are adding further support. National Australia Bank Ltd (ASX: NAB) shares are up 2.85% to $37.54, while Commonwealth Bank of Australia (ASX: CBA) shares have gained 1.71% to $162.24.

Westpac Banking Corp (ASX: WBC) shares are 1.03% higher at $35.36.

Energy shares miss out

The S&P/ASX 200 Energy Index (ASX: XEJ) is moving in the opposite direction as oil prices fall on hopes of a return to normal shipping through the Strait of Hormuz.

Brent crude is down more than 3.9% to around US$83.90 a barrel, while West Texas Intermediate (WTI) crude has fallen 4.7% to about US$80.90 a barrel.

The weaker oil price has pushed Woodside Energy Group Ltd (ASX: WDS) shares down 1.67% to $30.71, while Santos Ltd (ASX: STO) shares are sinking 5.08% to $7.66.

The post ASX 200 rockets to a 2-month high as investors pile back in appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

BHP Group Ltd (ASX: BHP) shares are charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) mining giant closed on Friday trading for $62.93. In late morning trade on Monday, shares are changing hands for $64.82 each, up 3%.

For some context, the ASX 200 is up 1.3% at this same time amid investor optimism over the potential US peace deal announced with Iran.

Today’s outperformance is par for the course for the Aussie mining giant over the past year.

While the ASX 200 has gained 4.4% over 12 months, BHP shares have rocketed 73.2%.

And that strong outperformance does not even include the two fully-franked dividends, totalling $1.96 a share, that BHP paid to eligible stockholders over this period.

The ASX 200 mining stock currently trades on a fully-franked 3% trailing dividend yield.

But following on this tremendous run, is the miner still a good buy today?

Should I buy BHP shares today?

EnviroInvest’s Elio D’Amato recently analysed the outlook for BHP stock (courtesy of The Bull).

“This diversified miner produces iron ore, copper and other commodities critical to global economic growth,” D’Amato said.

“It remains a core holding in many portfolios due to its scale, balance sheet strength and ability to generate significant cash flow through commodity cycles,” he added.

But with the miner falling short of D’Amato’s ESG expectations, he issued a hold recommendation on BHP shares.

According to D’Amato:

However, in my view, recent news reports highlighting delays to decarbonisation initiatives and a reduced emphasis on environmental objectives are disappointing. Copper and potash projects still provide exposure to the energy transition, but the environmental investment case is less compelling than it was several years ago.

ASX 200 miner ramping up copper exposure

As D’Amato mentioned above, BHP shares have a significant exposure to the global energy transition, with the miner rapidly expanding its copper footprint.

And for good reason.

Currently trading for US$13,698 per tonne, the copper price has leapt more than 41% over the last year.

As for BHP, in the first half of the 2026 financial year, the ASX 200 mining stock produced 984,000 tonnes of copper. And with copper prices surging, this was the first time that the red metal surpassed iron ore and delivered more than half of BHP’s earnings.

BHP reported underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) from its copper division of US$8 billion in H1 FY 2026. That was up 59% year on year, with copper contributing 51% of BHP’s half-year underlying EBITDA.

The post BHP shares: Buy, hold or sell? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More than four in ten Australians believe they need more than $1 million in superannuation to retire comfortably, well above the actual benchmark that the Association of Superannuation Funds of Australia (ASFA) says is adequate.

New ASFA polling found that 42% of respondents believed $1 million was necessary, while ASFA’s Retirement Standard benchmark put the figure needed for a comfortable retirement at $730,000 for a couple and $630,000 for a single person.

Retirement funding needs inch higher

ASFA also said the amount of superannuation needed for a comfortable retirement had increased from the previous quarter.

ASFA said:

This quarter’s ASFA Retirement Standard budgets show that homeowners aged 65 and over now need $78,566 annually for a comfortable retirement as a couple, and $55,923 for a single, increases of 1.5 per cent and 2.0 per cent from the previous quarter, respectively. The overall CPI increased by 1.5 per cent over the same period. 

ASFA Chief Executive Officer Mary Delahunty said inflation was at the forefront of many people’s concerns about having enough income in retirement.

When households really feel the pressure of grocery, petrol, energy and other bills keep climbing, people naturally assume that retirement will cost a fortune. But the reality is that retirement generally costs less than working life. Retirees pay no tax on superannuation pension income after 60, most own their home outright, work-related costs disappear, and concessions reduce the price of energy, medicines, transport and council rates.  

Housing crisis taking a toll

ASFA said the housing affordability crisis appeared to be weighing on the minds of young Australians, with many anticipating they will still be renting or paying off a mortgage in retirement. 

ASFA said:

Among 25 to 34-year-olds, 51 per cent believe they will need more than $1 million in today’s dollars to retire comfortably, and 23 per cent believe they will need more than $2 million. The figures are similar for 35 to 49-year-olds, at 52 per cent and 22 per cent respectively. 

Ms Delahunty said the assumption that people would own their own home by the time they had retired seemed less of a given.

She added:

House prices have diverged significantly from wages over the last two decades, and many people now expect to carry rent or mortgage payments into retirement. It makes sense that they believe they will need much more in super than earlier generations did. Homeownership is an important aspect of dignity in retirement, alongside the financial security that comes from retirement savings. Addressing the housing affordability crisis, so that we start improving access to homeownership for younger generations of Australians, is a crucial public policy goal.

For those wishing to top up their superannuation, there is still time to make a tax-effective contribution before the end of the financial year.

The post Do you really need $1 million in superannuation to retire comfortably? appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in oOh!Media Ltd (ASX: OML) are performing well on Monday morning after the company said takeover bids for the S&P/ASX 300 Index (ASX: XKO) company were now likely to come in at $1.60 per share at a minimum.

Extended takeover tussle dragging on

News first broke in April that Pacific Equity Partners had made an approach to buy the outdoor advertising company for $1.40 per share, followed in May by a $1.45 per share offer from I Squared Capital.

Then, in early June, the company confirmed that Bain Capital had made a non-binding offer to buy the company, after an article in the Australian Financial Review broke the story.

oOh!Media has now updated the market yet again, saying there were “multiple third parties” in talks about a potential takeover.

The company said in a statement to the ASX:

Having received unsolicited, conditional, non-binding indicative offers of $1.40 per share from Pacific Equity Partners (PEP) and $1.45 per share from I Squared Capital (ISQ), which the Board unanimously determined did not adequately reflect the intrinsic value of oOh!, the Board and its advisers subsequently engaged with both PEP and ISQ, in addition to Bain Capital and other financial sponsors. The Board provided limited due diligence to enable each party to assess whether it was able to put forward a revised proposal that may be capable of the Board’s recommendation. After a 3-week period of limited due diligence, the Board has received indicative proposals from PEP, ISQ and Oaktree Capital Management, with a number of those proposals offering $1.60 per share. The revised proposals are subject to a number of conditions consistent with those of the previously disclosed proposals.

The company said it intended to provide further due diligence to the companies involved, which was expected to take up to six weeks.

oOh!Media said there was no guarantee a transaction would eventuate.

Shares in the company traded as high as $1.45 before settling slightly higher at 5.8% to $1.455.

Operations continue to deliver

oOh!Media is performing well, with the company in May issuing an update to the market saying it was expecting first-quarter revenue growth of 7% for Australia and 4% for the group, slightly ahead of projections from February.

oOh!Media Managing Director James Taylor said at the time:

The Out of Home sector continues to benefit from strong structural growth, and we are executing our strategy to cement oOh!’s market leadership. The launch of MOVE is a growth catalyst, clearly demonstrating the superior quality and unmatched scale of our network to advertisers. Since February we have identified $12 million in annualised FY26 run rate pre-tax cash savings and an array of related operational benefits. This unlocks further value for our customers and shareholders. While we note some advertiser uncertainty given the broader macro environment, we are pleased with our overall outlook and look forward to updating shareholders at this morning’s AGM.

The post Shares in this ASX 300 company are charging higher as takeover bids increase appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

CSL Ltd (ASX: CSL) shares have not felt like a classic blue-chip winner lately.

The biotechnology giant has disappointed the market, reset expectations, and left many long-term shareholders wondering whether the old investment case still applies.

The question is whether its heavy decline is a genuine bargain or a value trap.

What is a value trap?

A value trap is a share that looks cheap on the surface but is cheap for a reason.

It may trade on a low price-to-earnings (PE) ratio, offer a tempting dividend yield, or sit far below its former highs. But if earnings keep falling, margins keep narrowing, or management cannot fix the business, the cheap valuation can prove misleading.

Essentially, the share price may not be signalling an opportunity, it may be signalling a permanently weaker company.

That is the risk investors need to think about with CSL shares. The company has been through a difficult period, and confidence in the business has been badly shaken.

What the forecasts say

The market is not expecting CSL to bounce back immediately.

Consensus estimates point to earnings per share of $8.06 in FY 2026. That would represent a decline on FY 2025, which helps explain why investors have been cautious.

But the outlook improves after that. The market is forecasting earnings per share of $8.41 in FY 2027 and then $8.42 in FY 2028.

Based on the current CSL share price of $106.55, this means the stock is trading on approximately 13.2 times FY 2026 earnings and approximately 12.7 times FY 2027 and FY 2028 earnings.

For a company with CSL’s pedigree, global footprint, and exposure to healthcare demand, those multiples look undemanding.

Dividends are also expected to be attractive. Consensus estimates are for dividends per share of $3.58 in FY 2026, $3.72 in FY 2027, and $3.80 in FY 2028.

That implies forward dividend yields of approximately 3.4%, 3.5%, and 3.6%, respectively.

The key issue with CSL shares

The numbers suggest CSL shares could be cheap. But the market will not simply take that on faith.

The key is whether investors can trust management to deliver on the recovery path. CSL needs to stabilise earnings, rebuild confidence, and show that recent problems are not the start of a long-term decline.

If management delivers, the current valuation looks very attractive. A global healthcare business trading on around 13 times earnings is not something investors see often, particularly one with CSL’s long history of innovation and scale.

But if earnings disappoint again, the low multiple may not matter as much. The market could continue to treat CSL as a business with lower quality earnings than in the past.

Bargain or value trap?

On balance, CSL looks more like a bargain than a value trap.

The company still owns valuable healthcare assets, operates in markets with long-term demand, and has the potential to restore earnings growth if management executes well.

But this is no longer a stock that can rely on its reputation alone. CSL has to earn back the market’s trust.

The post CSL shares: bargain or value trap? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

IperionX Ltd (ASX: IPX) shares are racing higher on Monday after the company released an update before the market opened.

At the time of writing, the IperionX share price is up a sizeable 9.96% to $5.63.

That takes its gain over the past 12 months to more than 40% and gives the company a market capitalisation of around $1.9 billion.

Clearly, investors liked what they saw in this morning’s announcement.

So, what has the company revealed?

IperionX makes another move in Tennessee

According to the release, IperionX has agreed to buy assets connected to Covia Solutions’ silica sand operation in Camden, Tennessee.

The site sits beside IperionX’s Titan Project and is part of the same McNairy mineral system.

The company will pay US$3 million in cash, with the deal expected to be completed after several standard administrative steps are completed.

The acquisition includes mining and processing equipment, buildings, rail infrastructure, mineral rights, and existing stockpiles.

IperionX will also pick up around 1,400 acres of owned land and another 1,400 acres of leased property.

Management believes bringing the two sites together could give the company more options as it works out how to develop the wider area.

What could IperionX gain from the deal?

The acquisition gives IperionX access to stockpiles created during decades of silica sand production at Camden.

The company now plans to test this pre-processed material as a possible source of mineral-bearing feedstock.

It will also look at lower geological horizons that weren’t the focus of previous mining efforts.

IperionX said these areas may contain higher concentrations of heavy minerals, including zircon, rutile, and rare earth-bearing monazite and xenotime.

However, there’s no guarantee the material will prove commercially useful.

The company still needs to complete drilling, sampling, mineral analysis, and other technical studies before deciding how the assets could be used.

Why investors are buying

The deal gives IperionX control of an established industrial site beside its main Tennessee project for US$3 million.

The equipment, transport links, and stockpiles already in place could save time and money if the company moves ahead with further development.

The deal also supports IperionX’s plans to build a US supply chain covering critical minerals, titanium metal, and advanced manufactured products.

The company ended the March quarter with US$48.2 million in cash, putting the purchase price at just over 6% of its cash balance.

But there is still plenty of work to do before Camden makes a meaningful contribution.

The post Why this ASX 300 stock is jumping 10% today? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The All Ordinaries Index (ASX: XAO) is up 1.5% today, with plenty of help from this surging ASX All Ords gold stock.

The fast-rising miner in question is Strickland Metals Ltd (ASX: STK).

Strickland Metals shares closed on Friday trading for 9.5 cents. In earlier trade, shares leapt to 11 cents each, up 15.8%. After some likely profit taking, at the time of writing on Monday morning, shares are swapping hands for 10.5 cents apiece, up 10.5%.

The Strickland Metals share price is catching some tailwinds from the 2% increase in the gold price.

Gold, now trading for US$4,304 per ounce, is gaining following news that the US and Iran have reached a peace deal. This sees the S&P/ASX All Ordinaries Gold Index (ASX: XGD) up 8% today.

Here’s why Strickland Metals is running ahead of those strong gains.

ASX All Ords gold stock jumps on strong recoveries

The Strickland Metals share price is racing higher today after the miner reported on the latest metallurgical testwork results from its 1.8-million-ounce gold only Gradina Deposit.

Gradina is part of its 100% owned Rogozna Gold and Base Metals Project, located in Serbia.

The ASX All Ords gold stock said the latest optimisation testwork is the most comprehensive sampling to date undertaken at the Gradina Deposit.

The miner reported “outstanding” average gold recoveries of 94.3%, as well as improved gold-in-concentrate grades averaging 21.1 grams per tonne achieved. Strickland noted this is a significant increase from the testwork completed in 2025, which returned average gold recoveries of 89.9%.

Strickland added that additional testwork is now in progress ahead of finalisation of plant design for its upcoming Pre Feasibility Study (PFS) for the Rogozna Project.

What did Strickland Metals management say?

Commenting on the strong recovery results helping boost the ASX All Ords gold stock today, Strickland Metals managing director Paul L’Herpiniere said:

These outstanding metallurgical testwork results for Gradina represent another important de-risking step for the Rogozna Project, coming just weeks after we delivered a 50% upgrade in the Gradina Inferred Mineral Resource Estimate to 1.8Moz at 2.8g/t Au.

The second phase testwork has provided further validation of the exceptional quality and robustness of this gold-only deposit, delivering a major improvement in overall gold recovery and gold-in-concentrate grades compared with the first round of testwork.

Looking ahead, L’Herpiniere added:

The latest testwork results represent a key input to ongoing Pre-Feasibility Study workstreams and will help the team to finalise plant configuration and designs as we continue to step up development activities on multiple fronts across the Rogozna Project.

On the funding side, the ASX All Ords gold stock reported holding cash and liquids of $81 million as at 31 March.

The post Guess which ASX All Ords gold stock is leaping 16% today on ‘exceptional recoveries’ appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The team at Morgans has been busy looking at a number of ASX shares this week.

Let’s see if the broker is bullish, bearish, or something in between on these names. Here’s what it is saying:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Morgans highlights that trading conditions have been tougher than it expected for this pizza chain operator.

In response, the broker has downgraded Domino’s shares to a hold rating (from buy) with a reduced price target of $17.60 (from $25.00). It said:

The trading environment for DMP has become more challenging than previously assumed, and we have updated our forecasts to reflect a weaker SSS (same-store-sales) outlook across all three regions, compounding cost pressures on ANZ franchisee economics, and a more adverse FX environment in Japan.

The earnings recovery, albeit modest, remains on track but it is entirely cost-driven; there is no volume improvement embedded in our numbers until outer years. We move to a HOLD rating until there is evidence of further cost management and SSS recovery. We reduce our price target to A$17.60 from A$25.00.

Super Retail Group Ltd (ASX: SUL)

The broker has been looking at this retail conglomerate’s investor day update. While it left the event feeling encouraged, it isn’t enough for a buy rating, especially in the tough consumer backdrop.

Morgans has retained its hold rating on Super Retail’s shares with an improved price target of $12.30. It said:

SUL’s Investor Day contained limited surprises, with the group setting out FY31 network targets as it looks to organically grow share (via network growth ~3% pa, and category/service expansion) and optimise the business (ERP/supply chains).

We left SUL’s Investor Day encouraged by the clarity of the long-term organic growth strategy and the renewed management team tasked to execute. However, with valuation near our revised A$12.30ps price target, a softer consumer backdrop and lingering competitive pressures, we retain our Hold recommendation.

Symal Group Ltd (ASX: SYL)

Another ASX share that Morgans has been looking at is public and private infrastructure services company Symal.

Morgans is positive on the company and believes it is well-positioned to capture an increasing share of its total addressable market.

As a result, the broker has retained its buy rating and $3.35 price target on its shares. It commented:

In this note, we update our forecasts to better reflect the timing of recent acquisition settlements, along with an anticipated increase in D&A and interest expenses. While incrementally positive for FY27/28 EBITDA, the higher D&A sees our underlying NPAT decline by mid-single digits. From a valuation perspective, the roll-forward of the valuation date offsets the impact of lower earnings.

More broadly, our investment theme remains intact, with SYL forecast to capture an increasing share of the total addressable market across the key verticals of infrastructure, digital, energy and defence. Supported by additional M&A, the business could deliver early on its FY30 aspirational EBITDA target of $200m. On this basis, we reiterate our BUY recommendation, with a $3.35/sh price target.

The post Buy, hold, sell: Domino’s, Super Retail, and Symal shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises and Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Domino’s Pizza Enterprises. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

DroneShield Ltd (ASX: DRO) has announced that its first European-made Counter-Unmanned Aerial System (C‑UAS) has rolled off the production line in a major achievement for the company, but the news failed to shore up the share price on Monday morning.

DroneShield shares traded as low as $2.86 before recovering slightly to be 2% lower at $2.90 on Monday morning.

The shares are 70% higher over the past 12 months but are currently well shy of the high of $6.70 reached during that period.

Major milestone achieved

The Australian counter-drone technology company said the newly-manufactured European system delivers the same performance as its locally-made systems.

The company added:

While the Australian manufactured product continues to be supported by a predominantly Australian supply chain, the European manufactured product has been produced through a contract manufacturing arrangement with a primarily European supply chain, strengthening regional resilience and sovereign capability.

The announcement was made on the opening day of the Eurosatory 2026 conference in Paris, where the company said military and security end-users can visit DroneShield’s stand and experience demonstrations of its drone detection and counter-measure systems.

DroneShield Chief Commercial Officer Louis Gamarra said it was an important milestone for the company.

He added:

This is just the beginning, as DroneShield expands its production capabilities into Europe. With a strong pipeline of next-generation products coming online, European customers can have confidence that these capabilities will be built and supported within the EU.

DroneShield said the announcement came amid increased investment across Europe to bolster defence industrial capacity, “including initiatives such as the European Union’s Readiness 2030 framework, which is focused on strengthening industrial capability and accelerating defence readiness across member states”.

DroneShield added:

DroneShield’s European manufacturing capability directly supports these objectives, enabling faster delivery timelines, improved supply assurance and enhanced operational alignment with European defence customers.

The company said it expected a further expansion of its European manufacturing operations to meet growing regional demand.

Growing European footprint

DroneShield opened its European headquarters in March, saying at the time it showed the company’s commitment to supplying the region.

The company said at the time:

The new Headquarters will serve as an operational base for DroneShield’s EU Centre of Excellence and aligns with the EU’s ReArm Europe Plan / Readiness 2030 initiative, which seeks to boost military spending, strengthen industrial sovereignty, and accelerate support for Ukraine. It further builds on DroneShield’s newly established European manufacturing footprint to advance sovereign counter-UAS capability, which marks a major expansion of the Company’s European industrial footprint and manufacturing capacity.

DroneShield also earlier this month announced a $24.9 million contract linked to the US Department of War’s Joint Interagency Task Force 401.

The post DroneShield’s big European news fails to halt share price slide appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.