Draganfly Inc. (DPRO)
NASDAQ: DPRO · Real-Time Price · USD
4.390
+0.030 (0.69%)
At close: Dec 20, 2024, 4:00 PM
4.710
+0.320 (7.29%)
After-hours: Dec 20, 2024, 7:55 PM EST
Draganfly Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Draganfly stock have an average target of 6.00, with a low estimate of 5.00 and a high estimate of 7.00. The average target predicts an increase of 36.67% from the current stock price of 4.39.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
The average analyst rating for Draganfly stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +13.90% | Nov 15, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +59.45% | Oct 2, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $0.5 → $7 | Strong Buy | Maintains | $0.5 → $7 | +59.45% | Sep 6, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $25 → $13 | Strong Buy | Maintains | $25 → $13 | +184.74% | Aug 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +469.48% | May 15, 2024 |
Financial Forecast
Revenue This Year
8.58M
from 6.55M
Increased by 30.90%
Revenue Next Year
18.22M
from 8.58M
Increased by 112.38%
EPS This Year
-5.50
from -14.00
EPS Next Year
-1.65
from -5.50
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.2M | 19.1M | 28.6M |
| Avg | 8.6M | 18.2M | 27.7M |
| Low | 7.9M | 17.2M | 26.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 41.0% | 122.7% | 56.7% |
| Avg | 30.9% | 112.4% | 52.3% |
| Low | 20.0% | 100.2% | 46.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.21 | -0.75 | -1.63 |
| Avg | -5.50 | -1.65 | -1.58 |
| Low | -5.71 | -2.47 | -1.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.