Northland Securities Estimates Safe Pro Group Q1 Earnings

Safe Pro Group Inc. (NASDAQ:SPAI) – Equities researchers at Northland Securities reduced their Q1 2026 EPS estimates for Safe Pro Group in a research report issued on Thursday, April 2nd. Northland Securities analyst M. Latimore now forecasts that the company will earn ($0.15) per share for the quarter, down from their previous forecast of ($0.09). Northland Securities also issued estimates for Safe Pro Group’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.44) EPS and FY2027 earnings at ($0.19) EPS.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Safe Pro Group in a research report on Thursday, January 22nd. Zacks Research downgraded shares of Safe Pro Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $10.00.

Safe Pro Group Stock Down 8.3%

SPAI stock opened at $3.76 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.60 and a quick ratio of 7.16. The firm has a market cap of $78.55 million, a PE ratio of -4.48 and a beta of 3.91. Safe Pro Group has a 12 month low of $1.96 and a 12 month high of $9.16. The firm has a 50 day simple moving average of $4.48 and a 200 day simple moving average of $5.21.

Safe Pro Group (NASDAQ:SPAI) last released its earnings results on Tuesday, March 31st. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.05). Safe Pro Group had a negative net margin of 968.74% and a negative return on equity of 280.18%. The business had revenue of $0.23 million for the quarter, compared to analyst estimates of $0.10 million.

Institutional Investors Weigh In On Safe Pro Group

Several hedge funds have recently made changes to their positions in the company. Cresset Asset Management LLC lifted its position in shares of Safe Pro Group by 4.6% in the 2nd quarter. Cresset Asset Management LLC now owns 144,929 shares of the company’s stock valued at $399,000 after acquiring an additional 6,346 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Safe Pro Group in the 4th quarter valued at approximately $42,000. Barclays PLC purchased a new stake in shares of Safe Pro Group in the 4th quarter valued at approximately $44,000. Prospera Financial Services Inc acquired a new position in Safe Pro Group in the 3rd quarter valued at approximately $82,000. Finally, Renaissance Technologies LLC lifted its position in Safe Pro Group by 20.0% in the 4th quarter. Renaissance Technologies LLC now owns 77,500 shares of the company’s stock worth $322,000 after buying an additional 12,900 shares in the last quarter.

Safe Pro Group announced that its board has initiated a share repurchase program on Thursday, December 18th that authorizes the company to repurchase $3.00 million in shares. This repurchase authorization authorizes the company to buy up to 4.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

About Safe Pro Group

Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions. The firm operates through the following segments: Safe-PRO USA, Airborne Response, and Safe Pro AI. The company was founded by Daniyel Erdberg on December 15, 2021 and is headquartered in Aventura, FL.