Should I buy or sell Draganfly stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Draganfly in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DPRO shares. View DPRO analyst ratings or view top-rated stocks .

What is Draganfly's stock price target for 2024?

2 Wall Street analysts have issued 1 year target prices for Draganfly's stock. Their DPRO share price targets range from $2.50 to $2.50. On average, they expect the company's share price to reach $2.50 in the next year. This suggests a possible upside of 380.2% from the stock's current price. View analysts price targets for DPRO or view top-rated stocks among Wall Street analysts .

How have DPRO shares performed in 2023?

Draganfly's stock was trading at $0.75 on January 1st, 2023. Since then, DPRO stock has decreased by 30.6% and is now trading at $0.5206. View the best growth stocks for 2023 here .

Are investors shorting Draganfly?

Draganfly saw a decrease in short interest in November. As of November 15th, there was short interest totaling 722,300 shares, a decrease of 8.5% from the October 31st total of 789,400 shares. Based on an average daily trading volume, of 192,300 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.7% of the company's stock are short sold. View Draganfly's Short Interest .

When is Draganfly's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our DPRO earnings forecast .

Who are Draganfly's major shareholders?

Draganfly's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Draganfly?

Shares of DPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Draganfly Stock Price, News & Analysis (NASDAQ:DPRO)

$0.53

-0.01 (-1.93%)

(As of 03:36 PM ET)

Compare

Today's Range: $0.52
▼
$0.54
50-Day Range: $0.52
▼
$0.86
52-Week Range: $0.51
▼
$2.47

Volume: 276,262 shs
Average Volume: 378,574 shs
Market Capitalization: $25.75 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.50

Draganfly MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 380.2% Upside
$2.50 Price Target
Short Interest: Healthy
1.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.40
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.50) to ($0.37) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Computer And Technology Sector

507th out of 598 stocks

Aircraft Industry

6th out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Draganfly has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.50, Draganfly has a forecasted upside of 380.2% from its current price of $0.52.
Amount of Analyst Coverage
Draganfly has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.69% of the float of Draganfly has been sold short.
Short Interest Ratio / Days to Cover
Draganfly has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Draganfly has recently decreased by 8.50%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Draganfly does not currently pay a dividend.
Dividend Growth
Draganfly does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DPRO.

4.1

News and Social Media Coverage

News Sentiment
Draganfly has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Draganfly this week, compared to 1 article on an average week.
Search Interest
6 people have searched for DPRO on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
8 people have added Draganfly to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Draganfly insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 2.06% of the stock of Draganfly is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Draganfly are expected to grow in the coming year, from ($0.50) to ($0.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Draganfly is -0.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Draganfly is -0.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Draganfly has a P/B Ratio of 8.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Draganfly Stock (NASDAQ:DPRO)

Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quadcopters, fixed wing aircrafts, ground based robots, and handheld controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering, training, consulting, spraying, flight, and geographic information systems data services. It serves public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly Inc. was founded in 1998 and is headquartered in Saskatoon, Canada.

DPRO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DPRO Stock News Headlines

November 6, 2023 | marketbeat.com

These 5 small-cap impact stocks are making social change (DPRO)

Impact investing provides significant opportunities for affecting future change. Here are five impact stocks that target social and economic issues.

November 28, 2023 | msn.com

Draganfly’s heavy lift drone receives special flight operations certificate

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 28, 2023 | finance.yahoo.com

Draganfly’s Heavy Lift Drone Receives Special Flight Operations Certificate (SFOC)

November 19, 2023 | americanbankingnews.com

Draganfly (NASDAQ:DPRO) Stock Rating Reaffirmed by HC Wainwright

November 11, 2023 | finance.yahoo.com

Draganfly Inc. (NASDAQ:DPRO) Q3 2023 Earnings Call Transcript

November 10, 2023 | finanznachrichten.de

Draganfly Inc: Draganfly Announces Record Third Quarter Results of 2023

November 9, 2023 | msn.com

Draganfly GAAP EPS of -$0.13 misses by $0.02, revenue of $2.14M beats by $0.03M

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

October 30, 2023 | finance.yahoo.com

Draganfly Announces Closing of US$3.5 Million Underwritten Offering

October 26, 2023 | finance.yahoo.com

Draganfly Announces Pricing of US$3.5 Million Underwritten Offering

October 4, 2023 | msn.com

Drone company opens new Saskatchewan headquarters

October 4, 2023 | finance.yahoo.com

Draganfly to Address United Nations Expert Gathering on Emerging Technologies for Disaster Risk Reduction

September 28, 2023 | finance.yahoo.com

Draganfly Announces Participation in the LD Micro Main Event XVI and Company Receives Minimum Bid Notification

September 27, 2023 | finanznachrichten.de

Draganfly Inc: Draganfly Officially Launches its New Manufacturing and Production Facility in Saskatoon

September 27, 2023 | finance.yahoo.com

Draganfly Officially Launches its New Manufacturing and Production Facility in Saskatoon

September 26, 2023 | finanznachrichten.de

Draganfly Inc: Leading Industry Energy Research Association Chooses Draganfly Commander 3XL Platform for Inspection Standards Operations

September 26, 2023 | finance.yahoo.com

Leading Industry Energy Research Association Chooses Draganfly Commander 3XL Platform for Inspection Standards Operations

September 21, 2023 | finance.yahoo.com

Draganfly to Celebrate Grand Opening of New Manufacturing and Production Facility in Saskatoon

September 19, 2023 | tmcnet.com

Draganfly's Commander 3 XL Platform Selected by State Geological Survey

September 19, 2023 | finance.yahoo.com

Draganfly’s Commander 3 XL Platform Selected by State Geological Survey

September 14, 2023 | finance.yahoo.com

Draganfly Secures First Defense Orders for its Commander 3 XL with the U.S. Military

September 12, 2023 | finance.yahoo.com

Draganfly Awarded State Corrections Contract for Vital Intelligence Technology

September 8, 2023 | finance.yahoo.com

Draganfly Announces Participation at the H.C. Wainwright 25th Annual Global Investment Conference

September 7, 2023 | finance.yahoo.com

Tim Dunnigan Joins Draganfly Advisory Board Helping Spearhead Pentagon Replicator Program Initiatives

September 6, 2023 | finance.yahoo.com

Draganfly Unveils New Commander 3 XL Hybrid Drone at Commercial UAV Expo

September 5, 2023 | benzinga.com

Draganfly to Host Draganflyer Xperience: First Responder User Conference at Draganfly's Joint A.I.R Center in Texas

See More Headlines

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Company Calendar

Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Aircraft
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:DPRO
CUSIP: N/A
CIK: 1786286
Web: www.draganfly.com
Phone: 800-979-9794
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.50
High Stock Price Target: $2.50
Low Stock Price Target: $2.50
Potential Upside/Downside: +372.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-21,270,000.00
Net Margins: -517.52%
Pretax Margin: -524.73%
Return on Equity: -335.22%
Return on Assets: -235.91%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 1.58
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $4.27 million
Price / Sales: 6.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.06 per share
Price / Book: 8.82

Miscellaneous

Outstanding Shares: 48,650,000
Free Float: N/A
Market Cap: $25.75 million
Optionable: Not Optionable
Beta: 3.53

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Key Executives

Mr. Cameron Chell (Age 54)
President, CEO & Director
Comp: $418.17k
Mr. Paul Sun C.F.A. (Age 51)
M.B.A., P.Eng., CFO & Corporate Secretary
Comp: $226.22k
Mr. Paul Mullen
Chief Operating Officer
Ms. Deborah R. Greenberg
Chief Legal, Corporate Service Officer & Corporate Secretary

Key Competitors

View All Competitors

DPRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Draganfly stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Draganfly in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DPRO shares.
View DPRO analyst ratings or view top-rated stocks.
What is Draganfly's stock price target for 2024?: 2 Wall Street analysts have issued 1 year target prices for Draganfly's stock. Their DPRO share price targets range from $2.50 to $2.50. On average, they expect the company's share price to reach $2.50 in the next year. This suggests a possible upside of 380.2% from the stock's current price.
View analysts price targets for DPRO or view top-rated stocks among Wall Street analysts.
How have DPRO shares performed in 2023?: Draganfly's stock was trading at $0.75 on January 1st, 2023. Since then, DPRO stock has decreased by 30.6% and is now trading at $0.5206.
View the best growth stocks for 2023 here.
Are investors shorting Draganfly?: Draganfly saw a decrease in short interest in November. As of November 15th, there was short interest totaling 722,300 shares, a decrease of 8.5% from the October 31st total of 789,400 shares. Based on an average daily trading volume, of 192,300 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.7% of the company's stock are short sold.
View Draganfly's Short Interest.

When is Draganfly's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our DPRO earnings forecast.
Who are Draganfly's major shareholders?: Draganfly's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of Draganfly?: Shares of DPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DPRO) was last updated on 11/29/2023 by MarketBeat.com Staff

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