Needham & Company LLC Issues Pessimistic Forecast for Draganfly (NASDAQ:DPRO) Stock Price

Draganfly (NASDAQ:DPRO) had its target price reduced by investment analysts at Needham & Company LLC from $14.00 to $12.00 in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s target price points to a potential upside of 142.57% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded Draganfly from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. LADENBURG THALM/SH SH raised shares of Draganfly to a “strong-buy” rating in a research report on Thursday, December 18th. Finally, Northland Securities set a $20.00 price objective on shares of Draganfly in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat.com, Draganfly has a consensus rating of “Strong Buy” and an average target price of $16.25.

Draganfly Price Performance

NASDAQ:DPRO traded down $1.38 during trading hours on Wednesday, reaching $4.95. 5,769,856 shares of the company traded hands, compared to its average volume of 2,257,227. The firm’s 50-day moving average is $7.49 and its 200-day moving average is $7.79. The stock has a market cap of $170.06 million, a P/E ratio of -2.67 and a beta of 2.66. Draganfly has a 1-year low of $1.63 and a 1-year high of $14.40.

Draganfly (NASDAQ:DPRO) last issued its quarterly earnings data on Tuesday, March 24th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.07). The company had revenue of $1.37 million during the quarter, compared to analysts’ expectations of $2.78 million. Draganfly had a negative net margin of 243.20% and a negative return on equity of 71.81%. As a group, research analysts predict that Draganfly will post -3.56 earnings per share for the current year.

Institutional Investors Weigh In On Draganfly

Several institutional investors and hedge funds have recently made changes to their positions in DPRO. Jones Financial Companies Lllp grew its holdings in shares of Draganfly by 224.3% during the third quarter. Jones Financial Companies Lllp now owns 3,399 shares of the company’s stock valued at $28,000 after buying an additional 2,351 shares during the last quarter. Jane Street Group LLC purchased a new position in Draganfly in the 2nd quarter worth $35,000. IFP Advisors Inc purchased a new position in Draganfly in the 3rd quarter worth $39,000. Purpose Unlimited Inc. acquired a new stake in Draganfly during the 4th quarter worth about $43,000. Finally, Royal Bank of Canada lifted its position in 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. 10.39% of the stock is currently owned by institutional investors and hedge funds.

Draganfly News Roundup

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Revenue growth and product momentum — Draganfly reported Q4 revenue up 18.5% year‑over‑year and full‑year 2025 revenue up 17.8%; product sales rose ~28% YoY, showing demand strength in hardware sales. GlobeNewswire Release
• Positive Sentiment: Commercial & defense contract wins — management highlighted strategic partnerships (Global Ordnance), a second major order from a Fortune‑50 telecom for heavy‑lift drones, a U.S. Air Force SOCOM contract (via DelMar Aerospace), and reseller and AI partnerships that expand addressable markets. Quiver Quant / Press Summary
• Positive Sentiment: Strong reported cash position — the company reported roughly $90.2M in cash at year‑end, which reduces near‑term financing risk and supports execution on defense/commercial initiatives. GlobeNewswire Release
• Positive Sentiment: Analyst view remains constructive despite target cut — Needham cut its price target from $14 to $12 but kept a “Buy” rating, signaling continued analyst confidence in the long‑term thesis even after the results. Benzinga / TickerReport
• Neutral Sentiment: Shareholder update and investor outreach — management held a shareholder update call covering the results and strategy (useful for detail but not immediately market-moving beyond the earnings print). GlobeNewswire Release
• Neutral Sentiment: Short‑interest reporting appears inconsistent — multiple notices flagged a “large increase” but the data show zero shares/NaN changes (likely a reporting glitch); not a clear short‑squeeze signal either way.
• Negative Sentiment: Earnings and revenue miss — Q4 EPS of ($0.20) missed the consensus loss of ($0.13) and quarter revenue (~$1.37M) missed estimates (~$2.78M), triggering negative near‑term sentiment and selling pressure. MarketBeat / Earnings
• Negative Sentiment: Widening losses and margin pressure — the company recorded a much larger comprehensive loss and reported lower gross margins, driven by higher operating expenses and several non‑cash inventory write‑downs and fair‑value derivative charges. These factors raise near‑term profitability concerns. Quiver / Financial Summary
• Negative Sentiment: After‑hours selling — coverage noted a >15% after‑hours drop following the release, amplifying the intraday decline and increasing volatility into the next session. MSN After‑Hours Coverage

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.