HC Wainwright Estimates Draganfly FY2028 Earnings

by · The Markets Daily

Draganfly Inc. (NASDAQ:DPRO – Free Report) – Stock analysts at HC Wainwright issued their FY2028 earnings per share (EPS) estimates for shares of Draganfly in a research report issued 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 currently has a “Buy” rating and a $14.00 price target on the stock. The consensus estimate for Draganfly’s current full-year earnings is ($0.52) per share. HC Wainwright also issued estimates for Draganfly’s FY2029 earnings at ($1.29) EPS and FY2030 earnings at ($0.49) EPS.

Several other analysts have also issued reports on DPRO. LADENBURG THALM/SH SH upgraded shares of Draganfly to a “strong-buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC reduced their price target on shares of Draganfly from $12.00 to $8.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Northland Securities set a $13.00 price objective on Draganfly in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Strong Buy” and a consensus price target of $13.50.

View Our Latest Stock Analysis on DPRO

Draganfly Stock Performance

Shares of NASDAQ DPRO opened at $4.57 on Thursday. The firm has a fifty day moving average of $5.00 and a 200 day moving average of $5.90. The firm has a market cap of $157.10 million, a PE ratio of -5.86 and a beta of 2.73. Draganfly has a one year low of $3.78 and a one year high of $14.40.

Draganfly (NASDAQ:DPRO – Get Free Report) last issued 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). The business had revenue of $3.75 million for the quarter, compared to analysts’ expectations of $2.56 million. Draganfly had a negative return on equity of 29.13% and a negative net margin of 355.34%.

Hedge Funds Weigh In On Draganfly

A number of institutional investors and hedge funds have recently bought and sold shares of DPRO. XTX Topco Ltd acquired a new position in shares of Draganfly during the 4th quarter worth approximately $108,000. Royal Bank of Canada grew its position in shares of Draganfly by 478.4% in the fourth quarter. Royal Bank of Canada now owns 8,647 shares of the company’s stock valued at $60,000 after purchasing an additional 7,152 shares in the last quarter. IFP Advisors Inc acquired a new stake in shares of Draganfly in the third quarter valued at approximately $39,000. Wexford Capital LP acquired a new stake in shares of Draganfly in the third quarter valued at approximately $67,000. Finally, Qube Research & Technologies Ltd purchased a new position in Draganfly during the third quarter worth approximately $84,000. 10.39% of the stock is currently owned by institutional investors and hedge funds.

Key Stories 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

(Get Free Report)

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.

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