FY2025 EPS Forecast for Safe Pro Group Lifted by Analyst

Key Points

• Litchfield Hills Research has revised its FY2025 earnings per share estimate for Safe Pro Group to ($0.45), an improvement from the previous estimate of ($0.54), and maintains a "Strong-Buy" rating on the stock with a price target of $8.00.
• Safe Pro Group reported a negative net margin of 731.46% and a revenue of $0.09 million for the last quarter, reflecting ongoing challenges for the company.
• The company's average stock rating is currently a "Strong Buy," with an average target price of $10.50 based on multiple analysts' upgrades and coverage changes.

Safe Pro Group Inc. (NASDAQ:SPAI - Free Report) - Research analysts at Litchfield Hills Research raised their FY2025 EPS estimates for Safe Pro Group in a note issued to investors on Wednesday, September 17th. Litchfield Hills Research analyst T. O'neill now forecasts that the company will post earnings of ($0.45) per share for the year, up from their prior forecast of ($0.54). Litchfield Hills Research currently has a "Strong-Buy" rating and a $8.00 target price on the stock. Litchfield Hills Research also issued estimates for Safe Pro Group's FY2026 earnings at ($0.15) EPS.

Several other brokerages also recently issued reports on SPAI. Northland Capmk upgraded shares of Safe Pro Group to a "strong-buy" rating in a research note on Tuesday, September 9th. Wall Street Zen raised Safe Pro Group to a "hold" rating in a report on Saturday, August 30th. Finally, Northland Securities began coverage on Safe Pro Group in a research report on Tuesday, September 9th. They issued an "outperform" rating and a $13.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Strong Buy" and a consensus target price of $10.50.

Safe Pro Group Trading Up 8.0%

Shares of SPAI traded up $0.57 during midday trading on Friday, hitting $7.71. The stock had a trading volume of 164,550 shares, compared to its average volume of 186,435. The firm has a market cap of $145.04 million and a P/E ratio of -9.64. The business has a 50-day simple moving average of $5.22 and a two-hundred day simple moving average of $3.63. The company has a current ratio of 1.64, a quick ratio of 1.27 and a debt-to-equity ratio of 0.06. Safe Pro Group has a fifty-two week low of $1.47 and a fifty-two week high of $9.16.

Safe Pro Group (NASDAQ:SPAI - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported ($0.13) earnings per share for the quarter. Safe Pro Group had a negative return on equity of 328.85% and a negative net margin of 731.46%.The business had revenue of $0.09 million for the quarter.

Institutional Investors Weigh In On Safe Pro Group

A hedge fund recently raised its stake in Safe Pro Group stock. Cresset Asset Management LLC boosted its stake in shares of Safe Pro Group Inc. (NASDAQ:SPAI - Free Report) by 15.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 138,583 shares of the company's stock after purchasing an additional 18,333 shares during the period. Cresset Asset Management LLC owned approximately 0.91% of Safe Pro Group worth $301,000 at the end of the most recent quarter.

Safe Pro Group Company Profile

Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions.