LADENBURG THALM/SH SH Cuts Draganfly (NASDAQ:DPRO) Price Target to $11.50

Draganfly (NASDAQ:DPRO) had its target price dropped by equities research analysts at LADENBURG THALM/SH SH from $12.75 to $11.50 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s price objective points to a potential upside of 147.42% from the company’s previous close.

A number of other equities analysts have also issued reports on DPRO. HC Wainwright started coverage on shares of Draganfly in a research report on Friday, May 29th. They set a “buy” rating and a $14.00 price target for the company. Needham & Company LLC cut their price objective on shares of Draganfly from $12.00 to $8.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Northland Securities set a $13.00 price objective on shares of Draganfly in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat, Draganfly presently has an average rating of “Buy” and an average target price of $11.62.

Draganfly Stock Performance

DPRO stock traded up $0.08 during trading on Thursday, reaching $4.65. The company had a trading volume of 673,704 shares, compared to its average volume of 1,766,014. The company has a market cap of $159.78 million, a price-to-earnings ratio of -5.94 and a beta of 2.73. Draganfly has a twelve month low of $3.78 and a twelve month high of $14.40. The firm has a 50-day simple moving average of $5.00 and a 200-day simple moving average of $5.90.

Draganfly (NASDAQ:DPRO) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.13). The firm had revenue of $3.75 million during the quarter, compared to analyst estimates of $2.56 million. Draganfly had a negative net margin of 355.34% and a negative return on equity of 29.13%. Sell-side analysts expect that Draganfly will post -0.52 earnings per share for the current year.

Institutional Trading of Draganfly

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp purchased a new position in shares of Draganfly during the 2nd quarter valued at approximately $62,000. GK Wealth Management LLC acquired a new position in Draganfly during the second quarter worth $55,000. World Investment Advisors raised its position in Draganfly by 33.3% during the first quarter. World Investment Advisors now owns 55,067 shares of the company’s stock worth $270,000 after acquiring an additional 13,753 shares during the period. Purpose Unlimited Inc. purchased a new position in Draganfly during the fourth quarter valued at $43,000. Finally, Vident Advisory LLC purchased a new position in Draganfly during the fourth quarter valued at $813,000. 10.39% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Draganfly

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Analyst support remains: HC Wainwright maintained a “Buy” rating and a $14 price target, implying significant upside from recent trading levels. The firm also published long-term estimates extending through fiscal 2030. Northland Securities Reaffirms Their Buy Rating on Draganfly
• Neutral Sentiment: Revenue beat but financial filing adds context: Draganfly’s latest results included $3.75 million in revenue, ahead of estimates of $2.56 million, but the company posted a $0.24-per-share loss versus the expected $0.11 loss. The company’s mid-year financials were also filed on Form 6-K. Draganfly Files August 2026 Form 6-K With Mid-Year Financials
• Negative Sentiment: Northland Securities lowered estimates across multiple periods: The firm cut its fiscal 2026 EPS forecast to a loss of $0.63 from $0.46 and reduced fiscal 2027 expectations to a loss of $0.41 from $0.24. Quarterly estimates for late 2026 and 2027 were also lowered, signaling weaker anticipated profitability.
• Negative Sentiment: Bearish research is weighing on sentiment: A Seeking Alpha analysis downgraded Draganfly, arguing that the company is failing to capture enough of the booming drone opportunity. Needham & Company also issued a pessimistic stock-price forecast. Draganfly: Failing To Catch The Booming Drone Market Needham Issues Pessimistic Forecast for Draganfly
• Negative Sentiment: Persistent losses remain a key risk: Draganfly reported a negative net margin of more than 355%, and analysts continue to forecast sizable annual losses. These results reinforce concerns about operating leverage and the company’s path to profitability.

Draganfly Company Profile

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.