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Draganfly ( (TSE:DPRO) ) just unveiled an announcement.
Draganfly Inc. is set to unveil its new Outrider Drone at the Cochise County Border Drone Summit, an exclusive event aimed at demonstrating the drone’s capabilities in real-world conditions. The Outrider Drone is designed for long-endurance surveillance and logistics missions, integrating advanced imaging and secure communications to enhance border security, emergency response, and defense operations. This unveiling marks a significant step in Draganfly’s efforts to position itself as a leader in drone-enabled security solutions.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$11.50 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 is primarily impacted by its financial performance challenges, including negative margins and cash flow issues. While there are positive signals from technical analysis and strategic partnerships highlighted in the earnings call, the valuation remains unattractive due to ongoing losses.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is an industry-leading developer of drone solutions and systems. The company focuses on creating advanced UAV systems for sectors such as law enforcement, defense, and security, with a particular emphasis on border security and public safety operations.
Average Trading Volume: 83,045
Technical Sentiment Signal: Buy
Current Market Cap: C$69.17M
Find detailed analytics on DPRO stock on TipRanks’ Stock Analysis page.