Unusual Machines, Inc. (UMAC)

NYSEAMERICAN: UMAC · Real-Time Price · USD
3.790
+0.910 (31.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
31.60%
Market Cap 23.44M
Revenue (ttm) 3.56M
Net Income (ttm) -5.28M
Shares Out 6.18M
EPS (ttm) -0.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 640,397
Open 2.910
Previous Close 2.880
Day's Range 2.910 - 4.290
52-Week Range 0.980 - 5.540
Beta n/a
Analysts Strong Buy
Price Target 4.00 (+5.54%)
Earnings Date Nov 14, 2024

About UMAC

Unusual Machines, Inc. designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is based in Orlando, Florida. [Read more]

Industry Shell Companies
Sector Financials
IPO Date Feb 14, 2024
Employees 3
Stock Exchange NYSEAMERICAN
Ticker Symbol UMAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for UMAC stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(5.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Unusual Machines Issues Letter to Shareholders

CEO Allan Evans shares Q3 2024 highlights and provides insight into the Company's future plans ORLANDO, FL / ACCESSWIRE / November 14, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Mach...

6 days ago - Accesswire

Unusual Machines to Host Q3 Earnings Call and Provide Corporate Update on Thursday, November 14, 2024

ORLANDO, FL / ACCESSWIRE / November 8, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company"), a leader in the American drone industry, will host a webcast on Thursday, November 14, at 4:3...

12 days ago - Accesswire

Unusual Machines Announces Closing of $1.95 Million Private Placement

ORLANDO, FL / ACCESSWIRE / October 30, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the closing ...

21 days ago - Accesswire

Unusual Machines Announces Pricing of $1.96 Million Private Placement

ORLANDO, FL / ACCESSWIRE / October 29, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the pricing ...

22 days ago - Accesswire

Unusual Machines to Participate in Multiple October 2024 Investor Conferences

ORLANDO, FL / ACCESSWIRE / October 15, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced upcoming par...

5 weeks ago - Accesswire

Unusual Machines to Participate at the H.C. Wainwright 26th Annual Global Investment Conference September 9th-11th, 2024

ORLANDO, FL / ACCESSWIRE / August 27, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that the Comp...

3 months ago - Accesswire

Unusual Machines Announces 6,700 Rotor Riot Brave F7 Flight Controllers Ordered In One Week Following Blue UAS Framework Approval

ORLANDO, FL / ACCESSWIRE / August 23, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a supplier to the American drone industry, reports over 6,700 Rotor Riot...

3 months ago - Accesswire

Unusual Machines Agrees to Exchange $1M of its Existing Debt for Series C Preferred Shares Convertible at Market Value

ORLANDO, FL / ACCESSWIRE / August 22, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), an American drone and drone components manufacturer, on August 21, 2024 ...

3 months ago - Accesswire

Unusual Machines to Host Q2 Earnings Call and Provide Corporate Update on Wednesday August 14, 2024

ORLANDO, FL / ACCESSWIRE / August 9, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company"), a leader in the American drone industry, will host a webcast on Wednesday, August 14, at 4:30 p...

3 months ago - Accesswire

Unusual Machines Adopts HP's Multi Jet Fusion 3D Printing for Drone Parts Manufacturing

ORLANDO, FL / ACCESSWIRE / August 8, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), has adopted HP's Multi Jet Fusion (MJF) 3D printing technology for the pr...

3 months ago - Accesswire

Unusual Machines' FPV Flight Controller Approved for Blue UAS Framework

ORLANDO, FL / ACCESSWIRE / August 7, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that its Rotor...

3 months ago - Accesswire

Unusual Machines Finalizes Working Capital, Extends Loan, and Reduces Outstanding Common Shares

ORLANDO, FL / ACCESSWIRE / July 22, 2024 / Unusual Machines, Inc. (NYSE:UMAC), a leader in the American drone industry, announces finalization of several transactions with Red Cat Holdings ("Red Cat")...

4 months ago - Accesswire

Unusual Machines: A Play On The Shift In The Drone Industry

Unusual Machines consists of Fat Shark and Rotor Riot, acquired from Red Cat, well positioned to capitalize on market shift in drone industry. Opportunity in U.S. drone manufacturing due to supply cha...

4 months ago - Seeking Alpha

Unusual Machines Launches NDAA Compliant, Made in the USA Flight Controller for FPV Drones

ORLANDO, FL / ACCESSWIRE / July 16, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the launch of t...

4 months ago - Accesswire

CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems

This press release amends the headline and corrects a misspelling in the previously released version ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual ...

Other symbols: RCAT
5 months ago - Accesswire

Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems

ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provi...

Other symbols: RCAT
5 months ago - Accesswire

Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024

Unusual Machines invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation ORLANDO, FL / ACCESSWIRE / June 5, 2024 / Unusual Ma...

6 months ago - Accesswire

Unusual Machines to Participate on the Drone Panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference Presented by Maxim Group LLC on Tuesday, June 4, 2024 at 10:00 A.M. E.T.

ORLANDO, FL / ACCESSWIRE / June 3, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, is pleased to announce that its ...

6 months ago - Accesswire

Unusual Machines Announces Insider Share Purchases

ORLANDO, FL / ACCESSWIRE / May 31, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that key executi...

6 months ago - Accesswire

Calidi Biotherapeutics and Unusual Machines Interviews to Air on the RedChip Small Stocks, Big Mone(TM) Show on Bloomberg TV

ORLANDO, FL / ACCESSWIRE / May 17, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics Inc. (NYSE American:CLDI) and Unusual Machines Inc. (NYSE American:UMAC) on the RedChip Smal...

Other symbols: CLDI
6 months ago - Accesswire

Unusual Machines Formalizes CEO's Contract for Two Years Along with Other Corporate Updates

ORLANDO, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a drone and drone components manufacturer, today announced it had fo...

7 months ago - GlobeNewsWire

Enlivex Therapeutics and Unusual Machines Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

ORLANDO, FL / ACCESSWIRE / March 22, 2024 / RedChip Companies will air interviews with Enlivex Therapeutics Ltd. (Nasdaq:ENLV) and Unusual Machines Inc. (NYSE American:UMAC) on the RedChip Small Stock...

Other symbols: ENLV
8 months ago - Accesswire

Unusual Machines Appoints FPV Drone Expert Andrew Camden as Chief Operating Officer

SAN JUAN, Puerto Rico, March 07, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a drone and drone components manufacturer, announced today...

9 months ago - GlobeNewsWire

Unusual Machines Completes Acquisitions of Fat Shark and Rotor Riot

SAN JUAN, Puerto Rico, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”) announced today the closing of its acquisitions of Fat Shark...

9 months ago - GlobeNewsWire

U.S. IPO Weekly Recap: Nano-Caps Debut In Quiet Week

Two nano-caps debuted this past week, neither of which are included in our IPO stats. Two issuers submitted initial filings this past week, both currently listed on the OTC.

Other symbols: AMDICHROMTRSRCATWETH
9 months ago - Seeking Alpha