Draganfly Inc. (DPRO)
NASDAQ: DPRO · IEX Real-Time Price · USD
0.238
+0.010 (4.38%)
At close: Apr 9, 2024, 3:59 PM
0.239
+0.001 (0.38%)
After-hours: Apr 9, 2024, 4:00 PM EDT
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Draganfly stock has a target of 1.00, which predicts an increase of 319.99% from the current stock price of 0.24.
Analyst Consensus: Strong Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $1.00 | $1.00 | $1.00 | $1.00 |
| Change | +319.99% | +319.99% | +319.99% | +319.99% |
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1 | Strong Buy | Reiterates | $1 | +319.99% | Apr 1, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $2.5 | Strong Buy | Reiterates | $2.5 | +949.98% | Nov 17, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +1,369.97% | Sep 20, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +1,369.97% | Aug 10, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +1,369.97% | Mar 28, 2023 |
Financial Forecast
Revenue This Year
from 6.55M
Revenue Next Year
33.74M
from 17.90M
Increased by 88.53%
from 17.90M
EPS This Year
-0.43
from -0.56
from -0.56
EPS Next Year
-0.43
from -0.43
from -0.43
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.38M | 4.36M | 7.05M | 7.61M | 6.55M | 17.90M | 33.74M |
| 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 | - | - | - | - | - | 5 | 3 |
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 19.4M | 34.7M |
| Avg | 17.9M | 33.7M |
| Low | 15.8M | 32.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 196.4% | 94.1% |
| Avg | 173.0% | 88.5% |
| Low | 141.1% | 81.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.36 | -0.44 |
| Avg | -0.43 | -0.43 |
| Low | -0.50 | -0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.
