Northland Securities Forecasts Draganfly FY2026 Earnings

Draganfly Inc. (NASDAQ:DPRO) – Equities researchers at Northland Securities cut their FY2026 earnings per share (EPS) estimates for Draganfly in a report issued on Wednesday, November 11th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of ($0.81) for the year, down from their previous forecast of ($0.63). The consensus estimate for Draganfly’s current full-year earnings is ($0.83) per share. Northland Securities also issued estimates for Draganfly’s Q4 2026 earnings at ($0.22) EPS, Q1 2027 earnings at ($0.20) EPS, Q2 2027 earnings at ($0.20) EPS, Q3 2027 earnings at ($0.18) EPS, Q4 2027 earnings at ($0.18) EPS and FY2027 earnings at ($0.78) EPS.

Draganfly (NASDAQ:DPRO) last released its quarterly earnings data on Tuesday, November 10th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.06). Draganfly had a negative return on equity of 29.07% and a negative net margin of 444.97%. The business had revenue of $2.88 million during the quarter, compared to the consensus estimate of $2.69 million.

A number of other analysts have also commented on DPRO. Wall Street Zen lowered shares of Draganfly from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Zacks Research upgraded shares of Draganfly from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 3rd. Ladenburg Thalmann & Co. Inc. lowered their price objective on shares of Draganfly from $12.75 to $11.50 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Finally, Needham & Company LLC dropped their target price on shares of Draganfly from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Draganfly has an average rating of “Buy” and a consensus price target of $11.12.

Draganfly Stock Performance

DPRO opened at $2.88 on Friday. The stock has a market capitalization of $99.00 million, a P/E ratio of -3.39 and a beta of 3.02. The company’s 50-day simple moving average is $4.54 and its two-hundred day simple moving average is $5.44. Draganfly has a 52-week low of $2.68 and a 52-week high of $10.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Draganfly stock. Bank of New York Mellon Corp bought a new stake in Draganfly Inc. (NASDAQ:DPRO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,511 shares of the company’s stock, valued at approximately $62,000. 10.39% of the stock is owned by institutional investors and hedge funds.

Draganfly Company Profile

Draganfly Inc. is a Canadian company that designs and manufactures unmanned aerial vehicles (UAVs), commonly known as drones, along with related software, sensors and robotics solutions. Founded in 1998, the company has a history in commercial drone development and is based in Saskatoon, Saskatchewan. Its offerings include multirotor and fixed-wing aircraft, drone platforms for specialized applications, and equipment such as cameras and other payloads. Draganfly also provides software and services to support data collection and analysis, mapping, inspections and other drone operations.