Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Draganfly ( (TSE:DPRO) ) is now available.
Draganfly Inc. announced its financial results for the first quarter of 2025, reporting a 16% increase in revenue year-over-year to $1,547,715, with product sales rising by 24.5%. Despite the revenue growth, the company faced a comprehensive loss of $3,433,712, attributed to increased expenses in research and development and other operational costs. Strategic developments included a partnership with Volatus Aerospace to integrate advanced LiDAR technology for energy market applications and an expanded collaboration to enhance geospatial data solutions for utility infrastructure. Draganfly also received a waiver from the FAA to operate drones over people and moving vehicles, facilitating advanced UAV operations in urban environments. Additionally, the company established a new facility in Tampa, Florida, to strengthen its defense and security offerings, and appointed former U.S. Secretary of Defense Christopher C. Miller to its Board of Directors, signaling a focus on expanding its influence in the government and defense sectors.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall stock score reflects significant financial and technical challenges, including stagnant revenue and a bearish market trend. However, strategic partnerships and board appointments offer some optimism for future growth, though the company’s valuation remains unattractive due to negative earnings.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a leading developer of drone solutions and systems, known for its innovative UAV platforms such as the Heavy Lift Drone, Commander 3XL, and Apex Drones. The company focuses on providing advanced drone technologies for various sectors, including energy, utility infrastructure, and defense.
YTD Price Performance: -56.83%
Average Trading Volume: 5,321
Technical Sentiment Signal: Sell
Current Market Cap: C$13.73M
For detailed information about DPRO stock, go to TipRanks’ Stock Analysis page.