NextVision receives USD 3.50 million order: Needham targets NextVision stock at NIS 275.00

Published on 10/13/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached USD 155.5 million, up 112 percent year over year. For NextVision stock this means USD 355 million 2026 revenue.

NextVision received a USD 3.50 million camera order on September 30, 2026.
First-half 2026 revenue reached USD 155.5 million, up 112 percent year over year.
The company raised its 2026 revenue target to USD 355.00 million.
Needham initiated coverage with a NIS 275.00 price target on September 11, 2026.

NextVision, IL0011765935, Illustration mit AI erstellt.

NextVision (ISIN IL0011765935) received a USD 3.50 million purchase order on September 30, 2026, adding to its camera backlog for unmanned platforms. The company's investor-relations page lists the order and its USD 355.00 million 2026 revenue target, while Globes reported on September 15, 2026 that Needham had initiated coverage with a NIS 275.00 price target dated September 11, 2026.

Revenue growth meets fresh orders

NextVision's first-half 2026 revenue reached USD 155.5 million, up 112 percent from the first half of 2025, according to the NextVision investor-relations page. Net profit for the same period was USD 91.9 million, an increase of 110 percent from the first half of 2025, and the order backlog stood at USD 265.2 million on August 9, 2026.

The company had raised its 2026 revenue target to USD 355.00 million on August 10, 2026, representing 111 percent growth from 2025. The guidance change matters because it places the September order against a rapidly expanding annual revenue base rather than treating the contract as an isolated sales event.

What does the order mean for 2027?

The USD 3.50 million order is scheduled for delivery by the end of the first quarter of 2027, with staged payments from an existing customer, according to Simply Wall St. That timing gives the order a direct link to 2027 production planning and cash collection.

Production scale is the key operating test. Globes reported that Needham expects capacity to rise from 1,500 units per month in early 2026 to more than 5,000 units by year-end, alongside revenue growth of 111 percent to USD 355 million in 2026.

Three dated developments

On August 10, 2026, NextVision raised its 2026 revenue target to USD 355.00 million, according to the NextVision investor-relations page. On September 9, 2026, it reported a USD 2.70 million order, followed by the USD 3.50 million order announced on September 30, 2026.

Key dates and market risk

The USD 3.50 million order is scheduled for delivery by the end of the first quarter of 2027, according to Simply Wall St. The immediate counter-factor is ownership-related selling: Globes reported on October 6, 2026 that Fidelity sold 5.7 million shares for NIS 1.30 billion, while the company said the transaction did not change its business activity.

Business profile and listing

NextVision designs and manufactures stabilized imaging systems for defense, security and commercial applications, including cameras for drones and ground vehicles. The company was founded in 2009 and listed on the Tel Aviv Stock Exchange in 2021.