Equities Analysts Set Expectations for Draganfly Q3 Earnings

Draganfly Inc. (NASDAQ:DPRO) – Equities researchers at HC Wainwright reduced their Q3 2026 earnings per share (EPS) estimates for Draganfly in a research note issued on Wednesday, August 12th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.22) per share for the quarter, down from their prior estimate of ($0.07). 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 ($0.58) 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 released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.13). Draganfly had a negative net margin of 355.34% and a negative return on equity of 29.13%. The business had revenue of $3.75 million during the quarter, compared to the consensus estimate of $2.56 million.

DPRO has been the subject of several other research reports. Northland Securities set a $13.00 price objective on shares of Draganfly in a research report on Tuesday, May 12th. LADENBURG THALM/SH SH lowered their target price on shares of Draganfly from $12.75 to $11.50 and set a “buy” rating for the company in a report on Thursday. Finally, Needham & Company LLC cut 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. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat, Draganfly currently has an average rating of “Buy” and a consensus target price of $11.62.

Draganfly Trading Up 1.1%

DPRO opened at $4.62 on Friday. The stock has a market capitalization of $158.82 million, a PE ratio of -5.92 and a beta of 2.73. Draganfly has a 1-year low of $3.78 and a 1-year high of $14.40. The firm has a 50-day moving average price of $4.95 and a two-hundred day moving average price of $5.87.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DPRO. Bank of New York Mellon Corp acquired a new stake in Draganfly in the second quarter worth $62,000. GK Wealth Management LLC bought a new position in Draganfly during the second quarter worth about $55,000. World Investment Advisors grew its stake in Draganfly by 33.3% in the first quarter. World Investment Advisors now owns 55,067 shares of the company’s stock valued at $270,000 after acquiring an additional 13,753 shares during the period. Purpose Unlimited Inc. bought a new stake in shares of Draganfly in the fourth quarter worth about $43,000. Finally, Vident Advisory LLC bought a new position in shares of Draganfly during the 4th quarter valued at about $813,000. Institutional investors own 10.39% of the company’s stock.

Key Draganfly News

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.