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

Draganfly (NASDAQ:DPRO) had its price target reduced by LADENBURG THALM/SH SH from $12.75 to $11.50 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. HC Wainwright began coverage on shares of Draganfly in a report on Friday, May 29th. They set a “buy” rating and a $14.00 price objective on the stock. Northland Securities set a $13.00 price objective on shares of Draganfly in a research report on Tuesday, May 12th. Finally, Needham & Company LLC lowered their target price on shares of Draganfly from $12.00 to $8.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, Draganfly currently has a consensus rating of “Buy” and an average target price of $11.62.

Draganfly Stock Performance

DPRO opened at $4.89 on Thursday. Draganfly has a one year low of $3.78 and a one year high of $14.40. The company has a market cap of $168.10 million, a P/E ratio of -6.27 and a beta of 2.73. The business’s 50-day simple moving average is $4.92 and its 200-day simple moving average is $5.86.

Draganfly (NASDAQ:DPRO) last posted its earnings results on Tuesday, August 11th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.13). The business had revenue of $3.75 million for the quarter, compared to analysts’ expectations of $2.56 million. Draganfly had a negative return on equity of 26.61% and a negative net margin of 355.34%. As a group, analysts predict that Draganfly will post -0.83 earnings per share for the current fiscal year.

Institutional Trading of Draganfly

A number of large investors have recently made changes to their positions in DPRO. IFP Advisors Inc purchased a new position in Draganfly during the 3rd quarter worth approximately $39,000. Purpose Unlimited Inc. purchased a new stake in Draganfly in the fourth quarter valued at approximately $43,000. Wexford Capital LP purchased a new stake in Draganfly in the third quarter valued at approximately $67,000. Royal Bank of Canada lifted its stake in Draganfly by 478.4% in the fourth quarter. Royal Bank of Canada now owns 8,647 shares of the company’s stock valued at $60,000 after buying an additional 7,152 shares during the last quarter. Finally, GK Wealth Management LLC acquired a new stake in shares of Draganfly in the second quarter valued at approximately $55,000. 10.39% of the stock is owned by institutional investors and hedge funds.

Draganfly News Summary

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.

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.