Draganfly (NASDAQ:DPRO) Announces Earnings Results, Misses Expectations By $0.22 EPS

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

Draganfly Stock Performance

Draganfly stock traded up $0.07 during trading on Monday, hitting $4.72. The company’s stock had a trading volume of 1,070,637 shares, compared to its average volume of 1,780,865. The stock has a market capitalization of $162.25 million, a price-to-earnings ratio of -4.82 and a beta of 2.73. The stock’s fifty day moving average is $5.16 and its 200 day moving average is $6.00. Draganfly has a 1-year low of $3.78 and a 1-year high of $14.40.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DPRO shares. Northland Securities set a $13.00 price objective on Draganfly in a research report on Tuesday, May 12th. HC Wainwright assumed coverage on shares of Draganfly in a research note on Friday, May 29th. They set a “buy” rating and a $14.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and set a $12.00 price target on shares of Draganfly in a report on Tuesday, May 19th. Finally, LADENBURG THALM/SH SH raised shares of Draganfly to a “strong-buy” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus target price of $14.50.

Institutional Trading of Draganfly

Hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc purchased a new stake in Draganfly in the 3rd quarter valued at about $39,000. Wexford Capital LP purchased a new position in shares of Draganfly during the 3rd quarter worth about $67,000. Royal Bank of Canada lifted its holdings in shares of Draganfly by 478.4% during the 4th quarter. Royal Bank of Canada now owns 8,647 shares of the company’s stock worth $60,000 after acquiring an additional 7,152 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of Draganfly in the third quarter worth approximately $84,000. Finally, Jane Street Group LLC acquired a new stake in shares of Draganfly in the second quarter worth approximately $35,000. 10.39% of the stock is owned by institutional investors and hedge funds.

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.