ThinkEquity analyst Ashok Kumar raised Mobilicom’s price target to $12 from $5, citing a transition to a more profitable business model around its cybersecurity platform for AI-powered drones. The defense market’s shift to unmanned systems is expected to boost revenue for Mobilicom. The company provides hardware and software solutions for drones and robotics globally. Investors looking for AI stocks with high upside potential may consider other options.

Read more at Yahoo Finance: ThinkEquity Boosts Mobilicom (MOB) PT to $12 on Cybersecurity Drone Platform