
Drone Delivery Canada Corp. (CVE:FLT – Free Report) – Ventum Cap Mkts issued their FY2026 earnings per share estimates for Drone Delivery Canada in a research note issued on Tuesday, December 2nd. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings of ($0.01) per share for the year. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada’s FY2027 earnings at ($0.01) EPS and FY2028 earnings at $0.00 EPS.
A number of other equities analysts have also weighed in on the company. Stifel Canada upgraded Drone Delivery Canada to a “strong-buy” rating in a research note on Wednesday, November 26th. Stifel Nicolaus set a C$0.85 target price on Drone Delivery Canada and gave the company a “buy” rating in a research report on Thursday, November 27th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Drone Delivery Canada currently has an average rating of “Buy” and an average price target of C$16.43.
Drone Delivery Canada Stock Performance
FLT opened at C$0.60 on Wednesday. The company has a current ratio of 0.46, a quick ratio of 9.02 and a debt-to-equity ratio of 67.19. The firm has a 50 day moving average of C$0.65 and a two-hundred day moving average of C$0.51. Drone Delivery Canada has a 12-month low of C$0.13 and a 12-month high of C$0.97. The firm has a market capitalization of C$399.71 million, a PE ratio of -20.00 and a beta of 2.42.
About Drone Delivery Canada
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.
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