FY2026 EPS Forecast for Draganfly Decreased by Analyst

Key Points

• Northland Securities cut its FY2026 EPS forecast for Draganfly to a loss of $0.81 per share from a projected loss of $0.63; the consensus estimate is a loss of $0.83.
• Draganfly’s latest quarter reported a loss of $0.25 per share, missing the $0.19 loss analysts expected, while revenue of $2.88 million exceeded expectations of $2.69 million.
• Analyst views remain mixed but lean positive: MarketBeat reports an average “Buy” rating and a consensus price target of $11.12, though Needham and Ladenburg lowered their targets.

Draganfly Inc. (NASDAQ:DPRO - Free Report) - Stock analysts at Northland Securities reduced their FY2026 earnings estimates for Draganfly in a research note issued on Wednesday, November 11th. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of ($0.81) for the year, down from their previous estimate of ($0.63). The consensus estimate for Draganfly's current full-year earnings is ($0.83) per share. Northland Securities also issued estimates for Draganfly's Q4 2026 earnings at ($0.22) EPS, Q1 2027 earnings at ($0.20) EPS, Q2 2027 earnings at ($0.20) EPS, Q3 2027 earnings at ($0.18) EPS, Q4 2027 earnings at ($0.18) EPS and FY2027 earnings at ($0.78) EPS.

Several other analysts also recently weighed in on the company. Zacks Research upgraded Draganfly from a "strong sell" rating to a "hold" rating in a research note on Tuesday, November 3rd. Needham & Company LLC lowered their price objective on Draganfly from $8.00 to $6.00 and set a "buy" rating for the company in a research note on Wednesday. Ladenburg Thalmann & Co. Inc. dropped their target price on Draganfly from $12.75 to $11.50 and set a "buy" rating on the stock in a report on Thursday, August 13th. Finally, Wall Street Zen cut Draganfly from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $11.12.

Draganfly Price Performance

DPRO stock opened at $2.88 on Friday. Draganfly has a 1 year low of $2.68 and a 1 year high of $10.62. The company has a market cap of $99.00 million, a P/E ratio of -3.39 and a beta of 3.02. The firm has a 50-day moving average of $4.54 and a 200 day moving average of $5.44.

Draganfly (NASDAQ:DPRO - Get Free Report) last issued its earnings results on Tuesday, November 10th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.06). The firm had revenue of $2.88 million during the quarter, compared to analysts' expectations of $2.69 million. Draganfly had a negative return on equity of 29.07% and a negative net margin of 444.97%.

Institutional Investors Weigh In On Draganfly

A hedge fund recently bought a new position in Draganfly stock. Bank of New York Mellon Corp acquired a new position in Draganfly Inc. (NASDAQ:DPRO - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,511 shares of the company's stock, valued at approximately $62,000. 10.39% of the stock is currently owned by institutional investors and hedge funds.

Draganfly Company Profile

Draganfly Inc. is a Canadian company that designs and manufactures unmanned aerial vehicles (UAVs), commonly known as drones, along with related software, sensors and robotics solutions. Founded in 1998, the company has a history in commercial drone development and is based in Saskatoon, Saskatchewan. Its offerings include multirotor and fixed-wing aircraft, drone platforms for specialized applications, and equipment such as cameras and other payloads. Draganfly also provides software and services to support data collection and analysis, mapping, inspections and other drone operations.

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