Ventum Cap Mkts Comments on CVE:FLT FY2026 Earnings

Drone Delivery Canada Corp. (CVE:FLT - Free Report) - Stock analysts at Ventum Cap Mkts issued their FY2026 earnings estimates for shares of Drone Delivery Canada in a research note issued to investors on Thursday, May 15th. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings per share of $0.01 for the year. The consensus estimate for Drone Delivery Canada's current full-year earnings is ($0.01) per share.

Separately, Ventum Financial cut their target price on shares of Drone Delivery Canada from C$38.00 to C$32.00 and set a "buy" rating on the stock in a research report on Wednesday, March 26th.

Drone Delivery Canada Price Performance

CVE FLT remained flat at C$0.14 during trading on Monday. 629,988 shares of the company's stock were exchanged, compared to its average volume of 376,781. The company has a debt-to-equity ratio of 67.19, a quick ratio of 9.02 and a current ratio of 0.46. The stock has a market cap of C$61.90 million, a price-to-earnings ratio of -2.74 and a beta of 0.94. The company has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.16. Drone Delivery Canada has a 1-year low of C$0.10 and a 1-year high of C$0.29.

Drone Delivery Canada Company Profile

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.