HC Wainwright Issues Negative Outlook for Draganfly Earnings

Draganfly Inc. (NASDAQ:DPRO) – Equities researchers at HC Wainwright decreased their Q3 2026 EPS estimates for Draganfly in a research report issued to clients and investors on Wednesday, August 12th. HC Wainwright analyst A. Dayal now expects that the company will earn ($0.22) per share for the quarter, down from their previous estimate of ($0.07). HC Wainwright has a “Buy” rating and a $14.00 price target on the stock. The consensus estimate for Draganfly’s current full-year earnings is ($0.58) per share. HC Wainwright also issued estimates for Draganfly’s Q4 2026 earnings at ($0.21) EPS, FY2026 earnings at ($0.78) EPS and FY2027 earnings at ($0.93) EPS.

Draganfly (NASDAQ:DPRO) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.13). The business had revenue of $3.75 million for the quarter, compared to analyst estimates of $2.56 million. Draganfly had a negative return on equity of 29.13% and a negative net margin of 355.34%.

Other equities analysts have also recently issued reports about the stock. LADENBURG THALM/SH SH reduced their price objective on shares of Draganfly from $12.75 to $11.50 and set a “buy” rating for the company in a research report on Thursday. Northland Securities set a $13.00 target price on Draganfly in a research note on Tuesday, May 12th. Finally, Needham & Company LLC cut their target price on shares of Draganfly from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Draganfly has a consensus rating of “Buy” and a consensus target price of $11.62.

Draganfly Stock Up 1.1%

NASDAQ:DPRO opened at $4.62 on Friday. The firm has a market capitalization of $158.82 million, a price-to-earnings ratio of -5.92 and a beta of 2.73. Draganfly has a twelve month low of $3.78 and a twelve month high of $14.40. The stock’s 50 day moving average price is $4.95 and its two-hundred day moving average price is $5.87.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new position in shares of Draganfly in the 2nd quarter worth approximately $62,000. GK Wealth Management LLC acquired a new stake in shares of Draganfly during the second quarter worth $55,000. World Investment Advisors raised its stake in Draganfly by 33.3% during the first quarter. World Investment Advisors now owns 55,067 shares of the company’s stock worth $270,000 after buying an additional 13,753 shares during the last quarter. Purpose Unlimited Inc. bought a new position in Draganfly during the fourth quarter worth $43,000. Finally, Vident Advisory LLC acquired a new position in Draganfly in the fourth quarter valued at $813,000. Institutional investors own 10.39% of the company’s stock.

Key Stories Impacting Draganfly

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Analyst price targets imply substantial upside. Ladenburg Thalmann lowered its target to $11.50 from $12.75 but maintained a Buy rating, implying roughly 149% upside from the referenced $4.62 share price. HC Wainwright also reiterated a Buy rating with a $14 target, despite issuing long-term loss estimates. Benzinga
• Positive Sentiment: Northland Securities reaffirmed its Buy rating. The continued bullish rating provides some support for DPRO, although the firm simultaneously reduced several earnings forecasts. Northland Securities Reaffirms Their Buy Rating on Draganfly
• Neutral Sentiment: HC Wainwright’s long-term outlook remains speculative. The firm estimates losses of $1.69 per share in fiscal 2028, $1.29 in fiscal 2029 and $0.49 in fiscal 2030, while retaining its $14 price target and Buy rating. The projections suggest investors are relying on a longer-term turnaround rather than near-term profitability.
• Negative Sentiment: Northland cut earnings estimates across multiple periods. Its fiscal 2026 EPS forecast fell to a loss of $0.63 from $0.46, and its fiscal 2027 forecast declined to a loss of $0.41 from $0.24. Quarterly estimates for late 2026 and 2027 were also reduced, signaling weaker expected operating performance and delayed profitability.
• Negative Sentiment: Bearish commentary adds pressure. A Seeking Alpha analysis downgraded Draganfly, arguing that the company is failing to capitalize on the rapidly growing drone market. Needham & Company also issued a pessimistic forecast, reinforcing concerns about execution and competitive positioning. Draganfly: Failing To Catch The Booming Drone Market

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.