Draganfly (NASDAQ:DPRO) Issues Quarterly Earnings Results

Key Points

• Draganfly reported a quarterly EPS loss of $0.33, missing the consensus estimate of a $0.11 loss by $0.22. Revenue reached $3.75 million, exceeding analyst expectations of $2.56 million, though the company posted a negative net margin of 292.88%.
• DPRO shares traded at $4.72, well below their 52-week high of $14.40 and below both their 50-day and 200-day moving averages. The company’s market capitalization was approximately $162.25 million.
• Analysts remain broadly bullish, with two Strong Buy and two Buy ratings and a consensus price target of $14.50. Institutional investors own 10.39% of Draganfly, with several funds recently initiating or increasing positions.

Draganfly (NASDAQ:DPRO - Get Free Report) released its earnings results on Monday. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.22), FiscalAI reports. The business had revenue of $3.75 million for the quarter, compared to analyst estimates of $2.56 million. Draganfly had a negative return on equity of 27.88% and a negative net margin of 292.88%.

Draganfly Stock Performance

DPRO stock traded up $0.07 during midday trading on Monday, hitting $4.72. 1,070,637 shares of the stock were exchanged, compared to its average volume of 1,780,865. The stock's 50-day moving average price is $5.16 and its 200-day moving average price is $6.00. The stock has a market cap of $162.25 million, a price-to-earnings ratio of -4.82 and a beta of 2.73. Draganfly has a fifty-two week low of $3.78 and a fifty-two week high of $14.40.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DPRO. HC Wainwright began coverage on Draganfly in a research note on Friday, May 29th. They issued a "buy" rating and a $14.00 price target on the stock. Northland Securities set a $13.00 price objective on Draganfly in a research report on Tuesday, May 12th. Needham & Company LLC reissued a "buy" rating and issued a $12.00 target price on shares of Draganfly in a report on Tuesday, May 19th. Finally, LADENBURG THALM/SH SH upgraded shares of Draganfly to a "strong-buy" rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Strong Buy" and an average price target of $14.50.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of Draganfly in the 2nd quarter worth about $35,000. IFP Advisors Inc purchased a new position in Draganfly during the 3rd quarter valued at about $39,000. Royal Bank of Canada increased its holdings in Draganfly by 478.4% during the 4th quarter. Royal Bank of Canada now owns 8,647 shares of the company's stock valued at $60,000 after acquiring an additional 7,152 shares in the last quarter. XTX Topco Ltd acquired a new position in Draganfly during the second quarter worth about $65,000. Finally, Wexford Capital LP acquired a new position in Draganfly during the third quarter worth about $67,000. Hedge funds and other institutional investors own 10.39% of the company's stock.

About Draganfly

Draganfly Inc NASDAQ: DPRO is a Canada-based developer and manufacturer of unmanned aerial systems (UAS) and related software solutions for commercial, government and academic applications. Headquartered in Saskatoon, Saskatchewan, the company specializes in designing lightweight, modular drones that integrate advanced sensor payloads—including high-resolution imaging, multispectral and thermal cameras—to gather aerial data across a range of industries.

The company's core offerings include turnkey UAS platforms, data-capture payloads and proprietary analytics software that enable clients to perform precision agriculture monitoring, land surveying, infrastructure inspection and environmental assessment.

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