Northland Securities Forecasts Safe Pro Group Q1 Earnings

Safe Pro Group Inc. (NASDAQ:SPAI) – Northland Securities issued their Q1 2027 earnings per share estimates for Safe Pro Group in a report released on Monday, May 18th. Northland Securities analyst M. Latimore anticipates that the company will post earnings per share of ($0.10) for the quarter. The consensus estimate for Safe Pro Group’s current full-year earnings is ($0.48) per share. Northland Securities also issued estimates for Safe Pro Group’s Q2 2027 earnings at ($0.06) EPS, Q3 2027 earnings at ($0.02) EPS and Q4 2027 earnings at $0.00 EPS.

Several other brokerages also recently weighed in on SPAI. Weiss Ratings restated a “sell (d-)” rating on shares of Safe Pro Group in a research note on Tuesday, April 21st. Zacks Research downgraded shares of Safe Pro Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $10.00.

Safe Pro Group Trading Down 4.8%

SPAI opened at $4.14 on Tuesday. The firm has a market capitalization of $86.48 million, a P/E ratio of -5.83 and a beta of 3.00. The firm’s 50 day moving average is $4.35 and its 200-day moving average is $4.67. Safe Pro Group has a 52-week low of $2.39 and a 52-week high of $9.16. The company has a quick ratio of 13.84, a current ratio of 14.33 and a debt-to-equity ratio of 0.01.

Safe Pro Group (NASDAQ:SPAI) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.01. Safe Pro Group had a negative return on equity of 137.36% and a negative net margin of 800.91%.The firm had revenue of $1.22 million for the quarter, compared to analyst estimates of $1.01 million.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Granite Investment Partners LLC acquired a new position in Safe Pro Group during the 1st quarter worth $41,000. Atlantic Union Bankshares Corp acquired a new position in Safe Pro Group in the fourth quarter worth about $42,000. Barclays PLC acquired a new position in Safe Pro Group in the fourth quarter worth about $44,000. Price T Rowe Associates Inc. MD bought a new stake in Safe Pro Group in the fourth quarter valued at about $65,000. Finally, DGS Capital Management LLC acquired a new stake in Safe Pro Group during the fourth quarter valued at approximately $79,000.

Safe Pro Group Company Profile

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.