Draganfly (DPRO) Stock Forecast, Price Target & Predictions

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DPRO Stock Forecast

Draganfly stock forecast is as follows: an average price target of $7.00 (represents a 59.45% upside from DPRO’s last price of $4.39) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

DPRO Price Target

The average price target for Draganfly (DPRO) is $7.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 59.45% upside from DPRO's last price of $4.39.

DPRO Analyst Ratings

Buy

According to 2 Wall Street analysts, Draganfly's rating consensus is 'Buy'. The analyst rating breakdown for DPRO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Draganfly Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 06, 2024	Scott Buck	H.C. Wainwright	$7.00	$2.31	203.03%	59.45%
Feb 01, 2023		H.C. Wainwright	$3.50	$2.17	61.29%	-20.27%

The latest Draganfly stock forecast, released on Sep 06, 2024 by Scott Buck from H.C. Wainwright, set a price target of $7.00, which represents a 203.03% increase from the stock price at the time of the forecast ($2.31), and a 59.45% increase from DPRO last price ($4.39).

Draganfly Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$7.00
Last Closing Price	$4.39	$4.39	$4.39
Upside/Downside	-100.00%	-100.00%	59.45%

In the current month, the average price target of Draganfly stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Draganfly's last price of $4.39. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 06, 2024	H.C. Wainwright	Buy	Buy	Hold
Aug 14, 2024	H.C. Wainwright	Buy	Buy	Hold
Feb 01, 2023	Citigroup	Buy	Buy	Hold

Draganfly's last stock rating was published by H.C. Wainwright on Sep 06, 2024. The company gave DPRO a "Buy" rating, the same as its previous rate.

Draganfly Financial Forecast

Draganfly Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.60M	$1.31M	$1.88M	$1.64M	$1.90M
Avg Forecast	$5.83M	$4.42M	$4.42M	$4.42M	$3.37M	$3.37M	$3.37M	$2.67M	$1.70M	$1.67M	$2.07M	$1.70M	$2.41M	$2.10M	$1.51M	$1.64M	$1.79M	$1.93M	$1.70M	$1.73M
High Forecast	$6.18M	$4.69M	$4.69M	$4.69M	$3.57M	$3.57M	$3.57M	$2.83M	$1.80M	$1.77M	$2.20M	$1.80M	$2.56M	$2.22M	$1.60M	$1.74M	$1.89M	$1.93M	$1.70M	$1.73M
Low Forecast	$5.47M	$4.15M	$4.15M	$4.15M	$3.17M	$3.17M	$3.17M	$2.51M	$1.60M	$1.57M	$1.94M	$1.60M	$2.27M	$1.97M	$1.42M	$1.54M	$1.68M	$1.93M	$1.70M	$1.73M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	0.74%	0.97%	0.96%	1.09%

Draganfly's average Quarter revenue forecast for Jun 23 based on 1 analysts is $1.51M, with a low forecast of $1.42M, and a high forecast of $1.60M. DPRO's average Quarter revenue forecast represents a -5.87% decrease compared to the company's last Quarter revenue of $1.60M (Mar 23).

Draganfly EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-6.76M	$-908.82K	$-7.34M	$12.82M	$24.07M
Avg Forecast	$-5.83M	$-4.42M	$-4.42M	$-4.42M	$-3.37M	$-3.37M	$-3.37M	$-2.67M	$-1.70M	$-1.67M	$-2.07M	$-1.70M	$-2.41M	$-2.10M	$-1.51M	$-1.64M	$-1.79M	$-1.93M	$-1.70M	$-1.73M
High Forecast	$-5.47M	$-4.15M	$-4.15M	$-4.15M	$-3.17M	$-3.17M	$-3.17M	$-2.51M	$-1.60M	$-1.57M	$-1.94M	$-1.60M	$-2.27M	$-1.97M	$-1.42M	$-1.54M	$-1.68M	$-1.93M	$-1.70M	$-1.73M
Low Forecast	$-6.18M	$-4.69M	$-4.69M	$-4.69M	$-3.57M	$-3.57M	$-3.57M	$-2.83M	$-1.80M	$-1.77M	$-2.20M	$-1.80M	$-2.56M	$-2.22M	$-1.60M	$-1.74M	$-1.89M	$-1.93M	$-1.70M	$-1.73M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.12%	0.51%	3.81%	-7.55%	-13.89%

1 analysts predict DPRO's average Quarter EBITDA for Sep 22 to be $-1.93M, with a high of $-1.93M and a low of $-1.93M. This is -115.05% lower than Draganfly's previous annual EBITDA (Dec 21) of $12.82M.

Draganfly Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-7.31M	$-31.76M	$-5.35M	$12.90M	$23.84M
Avg Forecast	-	-	-	-	$-1.38M	$-1.38M	$-1.41M	$-1.63M	$-2.39M	$-3.88M	$-5.86M	$-6.72M	$-9.78M	$-12.53M	$-11.72M	$-13.41M	$-11.63M	$-279.95M	$-124.59M	$-458.67M
High Forecast	-	-	-	-	$-1.27M	$-1.27M	$-1.30M	$-1.50M	$-2.20M	$-3.58M	$-5.40M	$-6.19M	$-9.01M	$-11.54M	$-10.80M	$-12.35M	$-10.71M	$-279.95M	$-124.59M	$-458.67M
Low Forecast	-	-	-	-	$-1.49M	$-1.49M	$-1.52M	$-1.76M	$-2.58M	$-4.19M	$-6.32M	$-7.24M	$-10.55M	$-13.52M	$-12.65M	$-14.46M	$-12.54M	$-279.95M	$-124.59M	$-458.67M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55%	2.73%	0.02%	-0.10%	-0.05%

Draganfly's average Quarter net income forecast for Sep 22 is $-279.95M, with a range of $-279.95M to $-279.95M. DPRO's average Quarter net income forecast represents a -2269.71% decrease compared to the company's last Quarter net income of $12.90M (Dec 21).

Draganfly SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.55M	$6.79M	$6.83M	$5.43M	$7.79M
Avg Forecast	$17.32M	$13.15M	$13.15M	$13.15M	$10.02M	$10.02M	$10.02M	$7.93M	$5.06M	$4.95M	$6.15M	$5.05M	$7.18M	$6.23M	$4.48M	$4.87M	$5.31M	$5.90M	$5.20M	$5.30M
High Forecast	$18.37M	$13.95M	$13.95M	$13.95M	$10.63M	$10.63M	$10.63M	$8.41M	$5.36M	$5.25M	$6.53M	$5.35M	$7.61M	$6.61M	$4.75M	$5.17M	$5.63M	$5.90M	$5.20M	$5.30M
Low Forecast	$16.27M	$12.35M	$12.35M	$12.35M	$9.41M	$9.41M	$9.41M	$7.45M	$4.75M	$4.65M	$5.78M	$4.74M	$6.74M	$5.86M	$4.21M	$4.58M	$4.99M	$5.90M	$5.20M	$5.30M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.34%	1.28%	1.16%	1.04%	1.47%

Draganfly's average Quarter SG&A projection for Jun 23 is $4.48M, based on 1 Wall Street analysts, with a range of $4.21M to $4.75M. The forecast indicates a -31.57% fall compared to DPRO last annual SG&A of $6.55M (Mar 23).

Draganfly EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.21	-	$-0.16	$0.43	$0.79
Avg Forecast	-	-	-	-	$-0.41	$-0.41	$-0.42	$-0.49	$-0.71	$-1.16	$-1.75	$-2.00	$-2.92	$-3.74	$-3.50	$-4.00	$-3.47	$-3.96	$-1.76	$-6.49
High Forecast	-	-	-	-	$-0.38	$-0.38	$-0.39	$-0.45	$-0.66	$-1.07	$-1.61	$-1.85	$-2.69	$-3.44	$-3.22	$-3.69	$-3.20	$-3.96	$-1.76	$-6.49
Low Forecast	-	-	-	-	$-0.44	$-0.44	$-0.45	$-0.53	$-0.77	$-1.25	$-1.89	$-2.16	$-3.15	$-4.03	$-3.77	$-4.32	$-3.74	$-3.96	$-1.76	$-6.49
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05%	-	0.04%	-0.24%	-0.12%

According to 1 Wall Street analysts, Draganfly's projected average Quarter EPS for Sep 22 is $-3.96, with a low estimate of $-3.96 and a high estimate of $-3.96. This represents a -1021.45% decrease compared to DPRO previous annual EPS of $0.43 (Dec 21).

Draganfly Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DPRO	Draganfly	$4.40	$7.00	59.09%	Buy
LHX	L3Harris	$218.45	$274.57	25.69%	Buy
EVEX	Eve	$4.84	$6.00	23.97%	Buy
KTOS	Kratos Defense & Security Solutions	$27.25	$30.50	11.93%	Buy
EH	EHang	$14.61	$16.00	9.51%	Buy
HEI	HEICO	$259.80	$273.57	5.30%	Buy
ACHR	Archer Aviation	$9.09	$7.50	-17.49%	Buy
AXON	Axon Enterprise	$635.76	$516.50	-18.76%	Buy
EVTL	Vertical Aerospace	$8.12	$6.00	-26.11%	Buy
RKLB	Rocket Lab USA	$26.37	$9.00	-65.87%	Buy

DPRO Forecast FAQ

Is Draganfly a good buy?

Yes, according to 2 Wall Street analysts, Draganfly (DPRO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of DPRO's total ratings.

What is DPRO's price target?

Draganfly (DPRO) average price target is $7 with a range of $7 to $7, implying a 59.45% from its last price of $4.39. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Draganfly stock go up soon?

According to Wall Street analysts' prediction for DPRO stock, the company can go up by 59.45% (from the last price of $4.39 to the average price target of $7), up by 59.45% based on the highest stock price target, and up by 59.45% based on the lowest stock price target.

Can Draganfly stock reach $7?

DPRO's average twelve months analyst stock price target of $7 does not support the claim that Draganfly can reach $7 in the near future.

What are Draganfly's analysts' financial forecasts?

Draganfly's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.78M (high $13.55M, low $12M), average EBITDA is $-12.776M (high $-12.002M, low $-13.55M), average net income is $-5.811M (high $-5.353M, low $-6.268M), average SG&A $37.99M (high $40.29M, low $35.68M), and average EPS is $-1.734 (high $-1.597, low $-1.87). DPRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.09M (high $20.25M, low $17.94M), average EBITDA is $-19.094M (high $-17.938M, low $-20.251M), average net income is $0 (high $0, low $0), average SG&A $56.77M (high $60.21M, low $53.33M), and average EPS is $0 (high $0, low $0).

Did the DPRO's actual financial results beat the analysts' financial forecasts?

Based on Draganfly's last annual report (Dec 2022), the company's revenue was $7.61M, beating the average analysts forecast of $3.71M by 104.72%. Apple's EBITDA was $-25.379M, beating the average prediction of $-3.715M by 583.16%. The company's net income was $-29.157M, missing the average estimation of $-292M by -90.00%. Apple's SG&A was $26.28M, beating the average forecast of $11.21M by 134.33%. Lastly, the company's EPS was $-0.87, missing the average prediction of $-7.431 by -88.29%. In terms of the last quarterly report (Mar 2023), Draganfly's revenue was $1.6M, missing the average analysts' forecast of $1.64M by -2.30%. The company's EBITDA was $-6.76M, beating the average prediction of $-1.639M by 312.40%. Draganfly's net income was $-7.308M, missing the average estimation of $-13.408M by -45.49%. The company's SG&A was $6.55M, beating the average forecast of $4.87M by 34.39%. Lastly, the company's EPS was $-0.21, missing the average prediction of $-4 by -94.75%