Brokers Issue Forecasts for Draganfly FY2028 Earnings

Draganfly Inc. (NASDAQ:DPRO) – Stock analysts at HC Wainwright issued their FY2028 EPS estimates for Draganfly in a research note issued to investors on Wednesday, August 12th. HC Wainwright analyst A. Dayal forecasts that the company will post earnings of ($1.69) per share for the year. HC Wainwright has a “Buy” rating and a $14.00 price objective on the stock. The consensus estimate for Draganfly’s current full-year earnings is ($0.52) per share. HC Wainwright also issued estimates for Draganfly’s FY2029 earnings at ($1.29) EPS and FY2030 earnings at ($0.49) EPS.

Other research analysts have also issued reports about the company. LADENBURG THALM/SH SH upgraded Draganfly to a “strong-buy” rating in a research report on Wednesday, May 6th. Northland Securities set a $13.00 price target on Draganfly in a research note on Tuesday, May 12th. Finally, Needham & Company LLC decreased their price target on Draganfly from $12.00 to $8.00 and set a “buy” rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, Draganfly currently has a consensus rating of “Strong Buy” and an average price target of $13.50.

Draganfly Stock Performance

DPRO stock opened at $4.57 on Thursday. Draganfly has a one year low of $3.78 and a one year high of $14.40. The firm has a market cap of $157.10 million, a PE ratio of -5.86 and a beta of 2.73. The firm’s 50 day moving average price is $5.00 and its 200-day moving average price is $5.90.

Draganfly (NASDAQ:DPRO) last posted its quarterly 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 firm had revenue of $3.75 million during the quarter, compared to analysts’ expectations of $2.56 million. Draganfly had a negative net margin of 355.34% and a negative return on equity of 29.13%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Concentric Capital Strategies LP acquired a new position in shares of Draganfly in the fourth quarter valued at approximately $1,569,000. Vident Advisory LLC purchased a new stake in Draganfly during the 4th quarter worth approximately $813,000. Virtu Financial LLC acquired a new stake in Draganfly during the 3rd quarter worth approximately $894,000. Marshall Wace LLP acquired a new stake in Draganfly during the 4th quarter worth approximately $751,000. Finally, Scientech Research LLC purchased a new position in Draganfly in the 3rd quarter valued at approximately $514,000. Hedge funds and other institutional investors own 10.39% of the company’s stock.

Key Headlines Impacting Draganfly

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Analysts maintain bullish ratings: HC Wainwright reiterated a “Buy” rating with a $14 price target, while Needham maintained “Buy” after lowering its target from $12 to $8. Northland Securities also reaffirmed its “Buy” rating. These targets imply substantial potential upside from recent trading levels, although they reflect long-term expectations. Northland Securities Reaffirms Their Buy Rating on Draganfly Needham Lowers Draganfly Price Target
• Positive Sentiment: Revenue and demand trends provide support: Draganfly reported quarterly revenue of $3.75 million, above the $2.56 million analyst consensus, and described growing defense and public-safety demand. The company also highlighted a large opportunity pipeline and record quarterly results, though order timing remains uncertain. DPRO Q2 Earnings Call Puts Defense Ramp-Up and Timing in Focus
• Neutral Sentiment: Financial filing adds detail: Draganfly filed its August 2026 Form 6-K with mid-year financial information, giving investors updated operating and financial data. Draganfly Files August 2026 Form 6-K With Mid-Year Financials
• Negative Sentiment: Profitability remains a major concern: Second-quarter EPS was a loss of $0.24, substantially worse than the expected $0.11 loss. Northland cut its FY2026 EPS forecast to a $0.63 loss from $0.46 and reduced its FY2027 forecast to a $0.41 loss from $0.24, alongside cuts to multiple quarterly estimates. Analysts cited delayed procurement cycles, changing specifications and qualification requirements as obstacles to the defense revenue ramp. Draganfly Stock Drops After Q2 Earnings

About Draganfly

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.