During the last session, Draganfly Inc (NASDAQ:DPRO)’s traded shares were 0.3 million, with the beta value of the company hitting 1.40. At the end of the trading day, the stock’s price was $4.45, reflecting an intraday gain of 8.27% or $0.34. The 52-week high for the DPRO share is $12.50, that puts it down -180.9 from that peak though still a striking 65.17% gain since the share price plummeted to a 52-week low of $1.55. The company’s market capitalization is $24.16M, and the average intraday trading volume over the past 10 days was 0.44 million shares, and the average trade volume was 344.44K shares over the past three months.

Draganfly Inc (DPRO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. DPRO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

Draganfly Inc (NASDAQ:DPRO) trade information

Draganfly Inc (DPRO) registered a 8.27% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 8.27% in intraday trading to $4.45, hitting a weekly high. The stock’s 5-day price performance is -8.44%, and it has moved by 26.06% in 30 days. Based on these gigs, the overall price performance for the year is -62.83%. The short interest in Draganfly Inc (NASDAQ:DPRO) is 0.13 million shares and it means that shorts have 1.46 day(s) to cover.

The consensus price target of analysts on Wall Street is $7, which implies an increase of 36.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, DPRO is trading at a discount of -57.3% off the target high and -57.3% off the low.

Draganfly Inc (DPRO) estimates and forecasts

Statistics show that Draganfly Inc has outperformed its competitors in share price, compared to the industry in which it operates. Draganfly Inc (DPRO) shares have gone down -16.47% during the last six months, with a year-to-date growth rate more than the industry average at 65.27% against 14.80. In the rating firms’ projections, revenue will increase 12.09% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.42M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 916.3k and 1.33M respectively. In this case, analysts expect current quarter sales to grow by 164.43% and then jump by 185.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -65.41%. While earnings are projected to return 73.54% in 2025.

DPRO Dividends

Draganfly Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Draganfly Inc (NASDAQ:DPRO)’s Major holders

Draganfly Inc insiders own 1.28% of total outstanding shares while institutional holders control 1.81%, with the float percentage being 1.84%. ARMISTICE CAPITAL, LLC is the largest shareholder of the company, while 20.0 institutions own stock in it. As of 2024-06-30, the company held over 6.47 million shares (or 11.7833% of all shares), a total value of $1.51 million in shares.

The next largest institutional holding, with 0.1 million shares, is of ALLIANCE WEALTH ADVISORS, LLC’s that is approximately 0.1875% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $24102.0.