Roth/MKM initiates Aureus Greenway stock with buy rating

Investing.com reported on Wednesday that Roth/MKM has initiated coverage of Aureus Greenway Holdings (NASDAQ: PUSA) with a positive buy rating and a price target of $7.50. The current stock price is $3.78, indicating a potential gain of nearly 100% from the analyst's target. Although the stock appears overvalued according to Fair Value estimates, the company is undergoing a reverse merger with Autonomous Power Corporation, which will result in the new company Powerus Corporation continuing to trade under the symbol PUSA on the NASDAQ.

Powerus, a manufacturer of drones and Unmanned Surface Vehicles, is set to increase production to 15,000 units per month by mid-2027, following the acquisition. The company's backlog is valued at $243 million as of December 31, 2025, and its pipeline exceeds $1 billion. Despite these promising prospects, the company has reported only $3.21 million in revenue over the past year and has a market capitalization of $101.85 million.

Powerus has also secured contracts with the Department of War for Phase II of the Drone Dominance Program and received a $30 million investment from Unusual Machines. Additionally, Powerus' subsidiary Tandem Defense advanced to Phase 3 of the U.S. Army's xTech Adaptive Strike competition, indicating the company's strategic focus on enhancing small-unit effectiveness in contested environments.