Draganfly Inc. (DPRO) AI Stock Analysis

Draganfly Inc. manufactures and distributes commercial unmanned aerial vehicles, offering products such as quadcopters, fixed wing aircraft, ground-based robots, and handheld controllers. The company provides software solutions for real-time tracking, live streaming, flight simulation, and data acquisition, alongside bespoke engineering services, training programs, and simulation technology consulting. Founded in 1998 and headquartered in Saskatoon, Canada, Draganfly serves a global clientele across industries including public safety, agriculture, industrial inspections, security solutions, and geospatial mapping and surveying. It also specializes in wireless video systems and customized engineering to meet specific operational and regulatory needs.

Revenue expanded at a 5-year CAGR of 12.1% from FY2020 to FY2025. In FY2021, revenue grew 61.7% to $7.1M before climbing 7.8% to $7.6M in FY2022. Sales fell 13.8% to $6.6M in FY2023 and remained flat at $6.6M with 0.1% growth in FY2024, followed by a 17.8% increase to $7.7M in FY2025. Gross margin contracted from 37.5% in FY2021 to 17.1% in FY2025. Net income remained negative across all periods, recording -$16.2M in FY2021, -$27.7M in FY2022, -$23.6M in FY2023, -$13.9M in FY2024, and -$23.0M in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue growth reached 26.0% year-over-year, while trailing twelve-month revenue stood at $9.0M with an operating margin of -583.3%.

As of June 30, 2026, Draganfly held $132.0M in cash and short-term investments against total debt of $226,366, resulting in net cash of $131.7M. Total assets were $154.1M and shareholders' equity was $148.9M, supporting a current ratio of 29.62 and a debt-to-equity ratio of 0.00. Free cash flow was negative at -$24.8M in FY2025, reflecting operating cash flow of -$23.9M and capital expenditures of $922,289. Its share count expanded by 2246.5% over 5 years.

At a last close of $3.70 on October 16, 2026, Draganfly traded at an enterprise value of $105.2M and a market capitalization of $144.8M. The stock trades at a price-to-sales ratio of 16.0x and an EV-to-revenue multiple of 16.4x, well above the 1.5x price-to-sales median of its US-listed Industrials peers. Its price-to-book ratio is 1.9x. The stock has experienced a 1-year return of -62.2% and a 5-year return of -95.8%, trailing the S&P 500 (SPY), which gained 16.8% over 1 year and 83.0% over 5 years.

Wall Street analysts track Draganfly with 4 Strong Buy ratings, 2 Buy ratings, and zero Hold, Sell, or Strong Sell ratings. The mean price target is $10.73, representing an upside of 190.1% versus the last close of $3.70. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $15.6M and an EPS of -$1.08. For the next fiscal year, one analyst estimates revenue of $36.7M and EPS of -$0.97. Over the last 4 quarters, the company recorded 1 EPS beat. The next earnings date is November 11, 2026.

This page is an AI-written research summary of Draganfly Inc. (DPRO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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