Should I buy or sell Draganfly stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Draganfly in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DPRO shares. View DPRO analyst ratings or view top-rated stocks .

What is Draganfly's stock price target for 2024?

2 equities research analysts have issued 1 year price objectives for Draganfly's stock. Their DPRO share price targets range from $1.00 to $1.00. On average, they predict the company's share price to reach $1.00 in the next twelve months. This suggests a possible upside of 277.5% from the stock's current price. View analysts price targets for DPRO or view top-rated stocks among Wall Street analysts .

How have DPRO shares performed in 2024?

Draganfly's stock was trading at $0.4795 on January 1st, 2024. Since then, DPRO shares have decreased by 44.8% and is now trading at $0.2649. View the best growth stocks for 2024 here .

Are investors shorting Draganfly?

Draganfly saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,590,000 shares, an increase of 327.5% from the March 15th total of 371,900 shares. Based on an average daily volume of 1,160,000 shares, the short-interest ratio is presently 1.4 days. Currently, 2.5% of the company's shares are short sold. View Draganfly's Short Interest .

When is Draganfly's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our DPRO earnings forecast .

How do I buy shares of Draganfly?

Shares of DPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:DPRO

Draganfly (DPRO) Stock Price, News & Analysis

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$0.26

+0.03 (+12.77%)

(As of 04/17/2024 ET)

Compare

Today's Range: $0.23
▼
$0.27
50-Day Range: $0.16
▼
$0.45
52-Week Range: $0.13
▼
$1.48

Volume: 1.42 million shs
Average Volume: 1.08 million shs
Market Capitalization: $13.06 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.00

Get Draganfly alerts:

Draganfly MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 277.5% Upside
$1.00 Price Target
Short Interest: Healthy
2.53% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.18) to ($0.11) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.46 out of 5 stars

Industrials Sector

18th out of 27 stocks

Aerospace & Defense Industry

3rd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Draganfly has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Draganfly has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.53% of the float of Draganfly has been sold short.
Short Interest Ratio / Days to Cover
Draganfly has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Draganfly has recently increased by 327.53%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Draganfly does not currently pay a dividend.
Dividend Growth
Draganfly does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DPRO.

1.9

News and Social Media Coverage

News Sentiment
Draganfly has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Draganfly this week, compared to 1 article on an average week.
Search Interest
11 people have searched for DPRO on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.
MarketBeat Follows
8 people have added Draganfly to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Draganfly insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.39% of the stock of Draganfly is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Draganfly are expected to grow in the coming year, from ($0.18) to ($0.11) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Draganfly is -0.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Draganfly is -0.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Draganfly has a P/B Ratio of 26.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Draganfly Stock (NASDAQ:DPRO)

Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quadcopters, fixed wing aircrafts, ground based robots, and handheld controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering, training, consulting, spraying, flight, and geographic information systems data services. It serves public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly Inc. was founded in 1998 and is headquartered in Saskatoon, Canada.

DPRO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DPRO Stock News Headlines

April 11, 2024 | globenewswire.com

Draganfly to Showcase Cutting-Edge Drone Technologies at XPONENTIAL 2024 in San Diego

April 1, 2024 | markets.businessinsider.com

Maintained Buy Rating for Draganfly Amidst Expansion and Anticipated Growth

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 1, 2024 | finance.yahoo.com

Draganfly Inc. (NASDAQ:DPRO) Q4 2023 Earnings Call Transcript

March 29, 2024 | finanznachrichten.de

Draganfly Inc: Draganfly Reports its 2023 Results

March 28, 2024 | ca.finance.yahoo.com

The Bulls Are Coming: 2 of the Best Growth Stocks to Buy Now and Get Ahead

March 27, 2024 | globenewswire.com

Draganfly Reports its 2023 Results

March 26, 2024 | globenewswire.com

Draganfly to Host Shareholder Update and Q4 Earnings Call

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 16, 2024 | ca.finance.yahoo.com

DPRO Apr 2024 2.500 put

March 15, 2024 | theglobeandmail.com

San Francisco Voters Approve Police Use of Drones

March 13, 2024 | globenewswire.com

Draganfly to Integrate Drones with Knightscope Autonomous Security Robots & Systems

March 13, 2024 | businesswire.com

Knightscope ($KSCP) Signs MoU with Draganfly ($DPRO)

February 26, 2024 | globenewswire.com

Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

February 25, 2024 | finance.yahoo.com

DPRO Mar 2024 2.500 call

February 22, 2024 | benzinga.com

Crude Oil Rises 1%; US Jobless Claims Fall To 201,000

February 22, 2024 | investorplace.com

Why Is Draganfly (DPRO) Stock Down 48% Today?

February 22, 2024 | finance.yahoo.com

Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering

February 21, 2024 | globenewswire.com

Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering

February 17, 2024 | ca.finance.yahoo.com

DPRO Mar 2024 5.000 put

February 13, 2024 | finance.yahoo.com

Draganfly Selected as an Exclusive Partner of the Ulkatcho First Nation’s, Ulkatcho Group of Companies to provide UAV Solutions, Services, Training, Public Safety, and Emergency Response within the Ulkatcho First Nation

January 30, 2024 | finance.yahoo.com

Draganfly Selected to Develop Tactical Multi-Drop Payload System by MMS Products

January 23, 2024 | finance.yahoo.com

Draganfly Selected For Innovative End-To-End Electric Mobility Platform In UAE

January 16, 2024 | finanznachrichten.de

Draganfly Inc: Draganfly Announces Agreement to Pilot Drone Delivery Services Program for Mass General Brigham's Home Hospital

January 16, 2024 | tmcnet.com

Draganfly Announces Agreement to Pilot Drone Delivery Services Program for Mass General Brigham's Home Hospital

January 16, 2024 | finance.yahoo.com

Draganfly Announces Agreement to Pilot Drone Delivery Services Program for Mass General Brigham’s Home Hospital

December 1, 2023 | finance.yahoo.com

Draganfly Inc. (DPRO) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

See More Headlines

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Company Calendar

Today: 4/17/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Aircraft
Sub-Industry: N/A
Current Symbol: NASDAQ:DPRO
CUSIP: N/A
CIK: 1786286
Web: www.draganfly.com
Phone: 800-979-9794
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.00
High Stock Price Target: $1.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +277.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.44)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-17,490,000.00
Net Margins: -359.88%
Pretax Margin: -360.21%
Return on Equity: -327.92%
Return on Assets: -189.77%

Debt

Debt-to-Equity Ratio: 1.05
Current Ratio: 0.90
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $4.86 million
Price / Sales: 2.69
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.01 per share
Price / Book: 26.49

Miscellaneous

Outstanding Shares: 49,290,000
Free Float: N/A
Market Cap: $13.06 million
Optionable: Optionable
Beta: 2.62

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Key Executives

Mr. Paul Sun C.F.A. (Age 52)
M.B.A., P.Eng., CFO & Corporate Secretary
Comp: $232.63k
Mr. Paul Mullen (Age 41)
Chief Operating Officer
Comp: $262.2k
Ms. Deborah R. Greenberg (Age 58)
Chief Legal, Corporate Service Officer & Corporate Secretary
Comp: $261.6k

Key Competitors

View All Competitors

Institutional Ownership

Armistice Capital LLC
Bought 4,150,000 shares on 2/13/2024
Ownership: 8.430%

View All Institutional Transactions

DPRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Draganfly stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Draganfly in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DPRO shares.
View DPRO analyst ratings or view top-rated stocks.
What is Draganfly's stock price target for 2024?: 2 equities research analysts have issued 1 year price objectives for Draganfly's stock. Their DPRO share price targets range from $1.00 to $1.00. On average, they predict the company's share price to reach $1.00 in the next twelve months. This suggests a possible upside of 277.5% from the stock's current price.
View analysts price targets for DPRO or view top-rated stocks among Wall Street analysts.
How have DPRO shares performed in 2024?: Draganfly's stock was trading at $0.4795 on January 1st, 2024. Since then, DPRO shares have decreased by 44.8% and is now trading at $0.2649.
View the best growth stocks for 2024 here.
Are investors shorting Draganfly?: Draganfly saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,590,000 shares, an increase of 327.5% from the March 15th total of 371,900 shares. Based on an average daily volume of 1,160,000 shares, the short-interest ratio is presently 1.4 days. Currently, 2.5% of the company's shares are short sold.
View Draganfly's Short Interest.

When is Draganfly's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our DPRO earnings forecast.
How do I buy shares of Draganfly?: Shares of DPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DPRO) was last updated on 4/18/2024 by MarketBeat.com Staff

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Draganfly (DPRO) Stock Price, News & Analysis

Draganfly MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Draganfly Stock (NASDAQ:DPRO)

DPRO Stock Price History

DPRO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DPRO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™