Draganfly (NASDAQ:DPRO) Rating Lowered to “Strong Sell” at Wall Street Zen

Draganfly (NASDAQ:DPRO) was downgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.

Other equities research analysts have also issued reports about the company. Needham & Company LLC cut their target price on Draganfly from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Northland Securities set a $13.00 price target on Draganfly in a research report on Tuesday, May 12th. HC Wainwright began coverage on Draganfly in a research note on Friday, May 29th. They issued a “buy” rating and a $14.00 price target on the stock. Finally, LADENBURG THALM/SH SH cut their price objective on Draganfly from $12.75 to $11.50 and set a “buy” rating on the stock in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $11.62.

Draganfly Stock Performance

Draganfly stock opened at $4.89 on Friday. The firm has a market cap of $168.10 million, a price-to-earnings ratio of -6.27 and a beta of 2.73. Draganfly has a 1 year low of $3.78 and a 1 year high of $14.40. The firm’s 50 day moving average price is $4.92 and its two-hundred day moving average price is $5.85.

Draganfly (NASDAQ:DPRO) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.13). The company had revenue of $3.75 million for 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 26.61%. As a group, equities analysts predict that Draganfly will post -0.83 EPS for the current fiscal year.

Hedge Funds Weigh In On Draganfly

A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in shares of Draganfly during the second quarter worth approximately $35,000. IFP Advisors Inc purchased a new position in Draganfly during the third quarter valued at approximately $39,000. Purpose Unlimited Inc. acquired a new position in Draganfly in the 4th quarter valued at approximately $43,000. GK Wealth Management LLC acquired a new position in Draganfly in the 2nd quarter valued at approximately $55,000. Finally, Royal Bank of Canada lifted its position in Draganfly by 478.4% in the 4th quarter. Royal Bank of Canada now owns 8,647 shares of the company’s stock worth $60,000 after buying an additional 7,152 shares in the last quarter. Institutional investors and hedge funds own 10.39% of the company’s stock.

Key Draganfly News

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Buy ratings and high price targets provide support. HC Wainwright reiterated a “Buy” rating and a $14.00 price target, while Ladenburg Thalmann maintained a “Buy” rating and set an $11.50 target. These targets imply significant potential upside from recent trading levels.
• Positive Sentiment: Revenue recently exceeded expectations. Draganfly’s latest quarterly revenue was $3.75 million, above the $2.56 million analyst consensus, suggesting demand remains an important potential catalyst despite continuing losses.
• Neutral Sentiment: Analyst coverage remains divided on valuation. The bullish price targets contrast with a recent bearish Seeking Alpha analysis arguing that Draganfly is failing to capitalize on the expanding drone market. Draganfly: Failing To Catch The Booming Drone Market (Downgrade)
• Negative Sentiment: HC Wainwright sharply reduced its earnings forecasts. The firm cut its 2026 EPS estimate to a loss of $0.78 from $0.34, lowered its third-quarter forecast to a $0.22 loss from $0.07, and reduced its fourth-quarter forecast to a $0.21 loss from $0.10. It projects a $0.93 per-share loss for 2027.
• Negative Sentiment: Northland Securities also lowered estimates across multiple periods. Its 2026 EPS forecast fell to a $0.63 loss from $0.46, while its 2027 forecast declined to a $0.41 loss from $0.24. The revisions signal expectations for prolonged operating losses.
• Negative Sentiment: Profitability remains weak. Draganfly recently missed quarterly EPS expectations, reported a negative net margin exceeding 350%, and is expected to remain unprofitable. These results may limit the stock’s ability to sustain gains unless revenue growth accelerates.

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.