
Draganfly Inc (DPRO) Stock Forecast & Price Target
Draganfly Inc (DPRO) Analyst Ratings
Bulls say
Draganfly is viewed favorably because its core drone business is gaining traction across public safety, defense, and commercial end markets, with another record revenue quarter and 1Q26 revenue growth of 49.4% Y/Y underscoring execution momentum. Although some significant U.S. orders have shifted into 2027, the company still expects 2026 revenue of CAD$14.3M, up 85% from 2025, while maintaining a 2027 revenue estimate of CAD$34M as Canadian defense spending and BVLOS-driven commercial adoption support a stronger pipeline. Its approximately C$147M cash balance and expanded product stack through Skip Dynamix, Blitz, and ACSL partnerships provide financial flexibility for accretive M&A, broader capabilities, and a longer runway for growth.
Bears say
Draganfly is facing a fundamentally challenged setup despite record 2Q26 revenue of CAD $2.7M, because growth still fell short of the CAD $3.6M consensus while gross margin compressed to 20.0% and net loss widened sharply to CAD $12M. Operating expenses climbed to CAD $16.1M, adjusted EBITDA loss reached CAD $10.5M, and free cash flow was negative CAD $14M, showing that scaling efforts are outpacing operating leverage. Its outlook is further constrained by reliance on uncertain defense spending, BVLOS regulatory approvals, and intense competition, which could prolong losses, pressure margins, and force additional financing that risks dilution.
This aggregate rating is based on analysts' research of Draganfly Inc and is not a guaranteed prediction by Public.com or investment advice.
Draganfly Inc (DPRO) Analyst Forecast & Price Prediction
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