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ZenaTech, Inc.
(NASDAQ:ZENA)
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Rating:43Neutral
Price Target:
$1.00
▼(-45.36% Downside)
Action:Reiterated
Date:09/26/26
The score is primarily pressured by very large operating/net losses and significant cash burn despite strong revenue growth and improved gross margin. Technicals further weaken the outlook, with the stock below major moving averages and negative momentum signals. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Strong revenue growth and gross margin
Rapid revenue expansion alongside a recovered gross margin indicates stronger demand and improved unit economics. If maintained, this combination can provide a foundation for operating leverage, support reinvestment in drone and AI products, and improve the company’s ability to scale its commercial platform.
Negative Factors
Severe operating losses
The scale of net and operating losses shows that revenue growth has not yet translated into sustainable profitability. Persistent losses can constrain investment choices, weaken resilience during execution challenges, and indicate that the company still needs substantial cost discipline or operating leverage before growth creates durable shareholder value.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth and gross margin
Rapid revenue expansion alongside a recovered gross margin indicates stronger demand and improved unit economics. If maintained, this combination can provide a foundation for operating leverage, support reinvestment in drone and AI products, and improve the company’s ability to scale its commercial platform.
Read all positive factors
ZenaTech, Inc. (ZENA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$223.49M
Dividend YieldN/A
Average Volume (3M)1.63M
Price to Earnings (P/E)―
Beta (1Y)2.56
Revenue Growth530.37%
EPS Growth-198.37%
CountryUS
Employees260
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)N/A
Shares Outstanding201,157,880
10 Day Avg. Volume1,655,407
30 Day Avg. Volume1,628,526
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.21
Price to Sales (P/S)11.62
P/FCF Ratio-3.52
Enterprise Value/Market Cap0.79
Enterprise Value/Revenue6.45
Enterprise Value/Gross Profit10.65
Enterprise Value/Ebitda-2.71
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ZenaTech, Inc. Business Overview & Revenue Model
Company Description
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cloud-based enterprise software solutions for the medical records industry; software solutions for the automated facility ...
ZenaTech, Inc. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
16
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.35M | 12.91M | 1.96M | 1.83M | 3.03M | 2.29M |
| Gross Profit | 16.58M | -4.78M | 1.74M | 1.68M | 2.46M | 1.36M |
| EBITDA | -65.23M | -23.16M | -2.75M | 487.87K | 464.87K | 107.14K |
| Net Income | -83.87M | -45.22M | -4.48M | -241.50K | 14.28K | -216.10K |
Balance Sheet | ||||||
| Total Assets | 149.51M | 99.86M | 34.65M | 16.45M | 13.54M | 10.03M |
| Cash, Cash Equivalents and Short-Term Investments | 34.63M | 15.09M | 3.75M | 1.18K | 200.79K | 1.20M |
| Total Debt | 30.01M | 21.48M | 10.12M | 8.24M | 4.97M | 4.71M |
| Total Liabilities | 58.00M | 31.83M | 12.83M | 9.13M | 5.97M | 6.39M |
| Stockholders Equity | 91.52M | 68.03M | 21.82M | 7.32M | 7.57M | 3.64M |
Cash Flow | ||||||
| Free Cash Flow | -76.63M | -42.65M | -11.31M | -2.58M | -2.66M | 49.72K |
| Operating Cash Flow | -65.52M | -34.82M | -9.87M | -1.98M | -1.86M | 49.72K |
| Investing Cash Flow | -38.27M | -28.79M | -1.93M | -923.80K | -1.34M | 2.82K |
| Financing Cash Flow | 111.29M | 66.25M | 14.91M | 2.81M | 1.96M | 1.03M |
ZenaTech, Inc. Technical Analysis
Negative
1.83
Price Trends
1.60
Negative
1.51
Negative
2.13
Negative
Market Momentum
-0.10
Positive
30.76
Neutral
25.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ZENA, the sentiment is Negative. The current price of 1.83 is above the 20-day moving average (MA) of 1.40, above the 50-day MA of 1.60, and below the 200-day MA of 2.13, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 30.76 is Neutral, neither overbought nor oversold. The STOCH value of 25.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ZENA.
ZenaTech, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | $11.65M | 6.19 | 12.18% | ― | ― | ― | |
52 Neutral | $83.34M | 2.99 | -1.21% | ― | 32.24% | ― | |
47 Neutral | $40.05M | -0.49 | 28.62% | ― | -5.11% | -161.56% | |
47 Neutral | $70.53M | -1.75 | -88.73% | ― | 250.00% | 35.86% | |
44 Neutral | $7.87M | -0.20 | -730.42% | ― | ― | ― | |
43 Neutral | $223.49M | -0.78 | -118.17% | ― | 530.37% | -198.37% |
* Technology Sector Average
ZENA
ZenaTech, Inc.
1.11
-5.53
-83.28%
STEM
Stem Inc
4.16
-19.52
-82.43%
ARBE
Arbe Robotics
0.55
-1.81
-76.69%
AISP
Airship AI Holdings
2.42
-3.02
-55.51%
HPAI
Helport AI Limited
0.31
-3.12
-90.99%
ARAI
Arrive AI Inc.
0.15
-4.76
-96.92%
ZenaTech, Inc. Corporate Events
ZenaTech Issues Preliminary Q3 2026 Revenue Guidance
Oct 8, 2026
ZenaTech, Inc., a foreign private issuer listed on Nasdaq, FSE and BMV, operates from Vancouver and reports under Form 20-F, underscoring its alignment with U.S. regulatory standards. Its multi-market presence reflects a strategy aimed at broadeni...
ZenaTech Updates Investor Presentation in October 2026 Form 6-K
Oct 7, 2026
On October 6, 2026, ZenaTech, Inc. posted an updated investor presentation to the investors section of its corporate website and furnished the deck to the U.S. Securities and Exchange Commission on Form 6-K. The materials, intended for use in meet...
ZenaTech Updates Share Count in October 6-K Filing
Oct 2, 2026
ZenaTech, Inc. reported that, as of September 30, 2026, it had 201,157,883 common shares issued and outstanding, providing investors with an updated view of its equity base. The disclosure, formally filed on October 2, 2026, also confirms that thi...
ZenaTech Posts Triple-Digit Revenue Surge as Drone-as-a-Service and Defense Portfolio Scale in Q2 2026
Sep 30, 2026
For the three and six months ended June 30, 2026, ZenaTech reported second-quarter revenue of C$9.3 million, up 316% year over year, and first-half revenue of C$17.7 million, up 425% from 2025, marking a seventh straight quarter of growth largely ...
ZenaTech Updates U.S. Investors With Mid-2026 Financials and Form 6-K Filing
Sep 24, 2026
On September 24, 2026, ZenaTech, Inc. furnished a Form 6-K to the U.S. Securities and Exchange Commission for the month of September 2026, submitting unaudited consolidated interim financial statements and management’s discussion and analysi...
ZenaTech Wins Irish Approval for Large-Scale Drone Precision Agriculture Services
Sep 22, 2026
ZenaTech, Inc., a Vancouver-based technology company, focuses on AI autonomy drone platforms, Drone as a Service, enterprise SaaS, and quantum computing for commercial, government, and defense clients worldwide. Through its ZenaDrone subsidiary, i...
ZenaTech Bolsters SaaS Platform With August Acquisition of ESM Software
Sep 9, 2026
ZenaTech, Inc., a diversified AI drone, DaaS, enterprise SaaS and quantum computing provider, is expanding its software portfolio around the Zoo Office productivity ecosystem to deepen its reach into government and other regulated markets. The com...
ZenaTech Extends U.S. Drone Services With Idaho Engineering Acquisition
Aug 24, 2026
On August 6, 2026, ZenaTech closed its 27th Drone as a Service acquisition by buying Galena-Benchmark Engineering, a long-established civil engineering and land surveying firm based in Ketchum, Idaho. The deal gives ZenaTech its first Idaho locati...
ZenaTech Expands U.S. Drone as a Service Network with 26th Acquisition in Ohio
Aug 6, 2026
On July 23, 2026, ZenaTech announced the completion of its 26th Drone as a Service acquisition with the purchase of BA Land Professionals LLC, a Dayton, Ohio-based land surveying firm licensed in Ohio, Kentucky, Tennessee and North Carolina. The d...
ZenaTech Accelerates Global Drone as a Service Expansion with Canadian Oil and Gas Deal and Defense-Focused Innovations
Jul 22, 2026
ZenaTech reported a series of strategic moves and operating milestones in 2026 that underscore its push to build a global Drone as a Service platform and expand into high-growth industrial and defense markets. In May 2026, the company signed an of...
ZenaTech Clarifies Loan Disclosure in Amended MD&A Filed on Form 6-K
Jul 21, 2026
On July 20, 2026, ZenaTech, Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission to incorporate by reference its unaudited consolidated financial statements for the quarter ended March 31, 2026, and an Amended Management’s ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.