Draganfly Inc. (DPRO)
NASDAQ: DPRO · IEX Real-Time Price · USD
0.190
+0.005 (2.70%)
At close: Mar 28, 2024, 4:00 PM
0.178
-0.012 (-6.27%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Draganfly Stock Forecast

DPRO's stock price has decreased by -86.72% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Draganfly stock has a target of 2.50, which predicts an increase of 1,216.48% from the current stock price of 0.19.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.50 $2.50 $2.50 $2.50
Change +1216.5% +1216.5% +1216.5% +1216.5%
* Price targets were last updated on Nov 17, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Draganfly is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$2.5
Strong Buy Reiterates $2.5 +1,216.48% Nov 17, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +1,743.08% Sep 20, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +1,743.08% Aug 10, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +1,743.08% Mar 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$2$3.5
Strong Buy Maintains $2$3.5 +1,743.08% Feb 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
17.90M
from 6.55M
Increased by 173.00%
Revenue Next Year
33.74M
from 17.90M
Increased by 88.53%
EPS This Year
-0.43
from -0.56
EPS Next Year
-0.43
from -0.43
Year 2019202020212022202320242025
Revenue
1.38M4.36M7.05M7.61M6.55M17.90M33.74M
Revenue Growth
-0.47%216.10%61.66%7.81%-13.81%173.00%88.53%
EPS
-1.16-0.48-0.59-0.82-0.56-0.43-0.43
EPS Growth
-------
No. Analysts -----53
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 19.4M 34.7M
Avg 17.9M 33.7M
Low 15.8M 32.4M

Revenue Growth

Revenue Growth 20242025
High
196.4%
94.1%
Avg
173.0%
88.5%
Low
141.1%
81.1%

EPS Forecast

EPS 20242025
High -0.36 -0.44
Avg -0.43 -0.43
Low -0.50 -0.41

EPS Growth

EPS Growth 20242025
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.