Safe Pro Group Inc. (SPAI) AI Stock Analysis

Safe Pro Group Inc. provides security and protection products across the United States, Europe, Asia, and the Pacific. The company offers explosive and unexploded ordnance disposal products, ballistic vests, body armor, helmets, and ballistic blankets. It also provides aerial managed drone services for inspecting radio towers, power grids, and critical infrastructure utilizing visual and thermal sensors. In addition, Safe Pro Group develops artificial intelligence-powered detection and data analysis tools for hyper-scalable cloud processing of drone imagery, serving public safety organizations, telecommunication network operators, insurance providers, and government agencies.

Annual financial performance shows sharp top-line volatility and widening net losses. Revenue moved from $1.2M in FY2022 down 20.2% to $917,720 in FY2023, rose 136.4% to $2.2M in FY2024, and dropped 72.0% to $606,681 in FY2025, resulting in a three-year revenue CAGR of -19.2%. Gross margin contracted from 45.1% in FY2022 to 33.3% in FY2025. Operating margin worsened from -43.7% in FY2022 to -2260.6% in FY2025, with net income falling to -$14.3M. For the trailing twelve months ended June 30, 2026, revenue stood at $2.9M, supported by latest quarterly revenue growth of 1336.2% year-over-year, alongside an operating margin of -245.6% and an eps of -$0.74.

As of June 30, 2026, Safe Pro Group held $10.2M in cash and short-term investments against total debt of $595,013, yielding net cash of $9.6M. The company reported a current ratio of 8.76 and a debt-to-equity ratio of 0.05. Shareholders' equity was $12.0M against total assets of $13.5M. In FY2025, operating cash flow was -$6.2M and free cash flow was -$6.5M. Capital expenditures used $241,353 in FY2025, while share buybacks totaled $613,409.

SPAI has an enterprise value of $82.4M and a market cap of $67.2M. The stock trades at a price-to-sales multiple of 23.3x and an ev-to-revenue ratio of 28.6x, well above the 1.5x price-to-sales median of its US-listed Industrials peers. Its price-to-book ratio is 7.7x. Over the past year, SPAI delivered a return of -56.2%, underperforming the S&P 500 (SPY) return of 16.8%. The stock traded at $3.30 on October 16, 2026, which is -27.9% relative to its 200-day average.

Wall Street coverage consists of 3 Strong Buy ratings and 0 Hold or Sell recommendations. The mean price target is $10.67, representing a 223.2% upside compared to the last close of $3.30. For the fiscal year ending December 31, 2026, analysts estimate revenue of $7.6M and an eps of -$0.56. For the next fiscal year, 3 analysts project revenue of $18.6M and an eps of -$0.27. Safe Pro Group has recorded 0 eps beats over the last 4 quarters, and its next earnings date is November 13, 2026.

This page is an AI-written research summary of Safe Pro Group Inc. (SPAI). 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.

Related: SPAI income statement, SPAI balance sheet, SPAI key metrics, SPAI analyst forecast, SPAI chart. See the SPAI stock overview for the latest quote and news.