Draganfly (NASDAQ:DPRO) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Draganfly (NASDAQ:DPRO) released its quarterly earnings data on Monday. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.01), Zacks reports. Draganfly had a negative net margin of 294.03% and a negative return on equity of 45.65%. The firm had revenue of $1.66 million for the quarter, compared to the consensus estimate of $1.78 million.

Here are the key takeaways from Draganfly’s conference call:

• Q1 revenue rose 49.8% year over year to about CAD 2.3 million, driven mainly by product sales, while gross profit improved and adjusted gross margin increased to 19.6% from 17.5% last year.
• The company ended the quarter with a very strong cash balance of over CAD 147 million and working capital of CAD 154.4 million, giving it significant financial flexibility and minimal debt.
• Management highlighted several military and defense wins in the quarter, including U.S. Army FPV drone orders, international Commander 3XL orders, a Palantir AI-related swarming project, and sales to U.S. border counties and a Fortune 50 telecom customer.
• Draganfly emphasized that it has been selected by additional Department of War special operations units, and management said these relationships could translate into materially larger orders over time, potentially in the tens of millions.
• Management reiterated a pragmatic, selective growth strategy focused on interoperable drone platforms, strategic partnerships, and future M&A, while saying it does not expect to need additional financing in the near term unless for a major acquisition or unusually large order.

Draganfly Trading Up 1.1%

Shares of Draganfly stock opened at $5.54 on Tuesday. The stock has a fifty day simple moving average of $5.82 and a 200 day simple moving average of $7.17. Draganfly has a 12-month low of $1.63 and a 12-month high of $14.40. The company has a market capitalization of $190.44 million, a P/E ratio of -4.26 and a beta of 2.58.

Institutional Investors Weigh In On Draganfly

A number of institutional investors have recently added to or reduced their stakes in the company. Vident Advisory LLC bought a new stake in Draganfly in the 4th quarter worth about $813,000. XTX Topco Ltd bought a new stake in Draganfly in the 4th quarter worth about $108,000. Millennium Management LLC bought a new position in Draganfly in the 4th quarter valued at $249,000. Engineers Gate Manager LP bought a new position in Draganfly in the 4th quarter valued at $130,000. Finally, Concentric Capital Strategies LP bought a new position in Draganfly in the 4th quarter valued at $1,569,000. 10.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on DPRO shares. Northland Securities set a $20.00 price target on shares of Draganfly in a research report on Thursday, January 15th. HC Wainwright reaffirmed a “buy” rating and issued a $14.00 price target on shares of Draganfly in a research report on Monday, March 30th. LADENBURG THALM/SH SH raised shares of Draganfly to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $12.00 price target on shares of Draganfly in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and a consensus price target of $16.25.

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.