Draganfly Inc. (DPRO) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Draganfly Inc. Do?
Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quad-copters, fixed wing aircrafts, ground based robots, and hand held controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering and training, simulation consulting, and flight training services, as well as wireless video systems. It serves public safety, agriculture, industrial inspections, security, and mapping and surveying markets. The company was incorporated in 2018 and is headquartered in Saskatoon, Canada. Draganfly Inc. (DPRO) is classified as a micro-cap stock in the Industrials sector, specifically within the Aircraft industry. The company is led by CEO Cameron Chell and employs approximately 40 people. With a market capitalization of $168M, DPRO is one of the notable companies in the Industrials sector.
Draganfly Inc. (DPRO) Stock Rating — Reduce (April 2026)
As of April 2026, Draganfly Inc. receives a Reduce rating with a composite score of 35.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DPRO ranks #3,595 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Draganfly Inc. ranks #623 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
DPRO Stock Price and 52-Week Range
Draganfly Inc. (DPRO) currently trades at $5.50. The stock gained $0.43 (8.5%) in the most recent trading session. The 52-week high for DPRO is $14.40, which means the stock is currently trading -61.8% from its annual peak. The 52-week low is $1.63, putting the stock 237.4% above its annual trough. Recent trading volume was 4.3M shares, reflecting moderate market activity.
Is DPRO Overvalued or Undervalued? — Valuation Analysis
Draganfly Inc. (DPRO) carries a value factor score of 31/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 56.51x, versus the sector average of 2.23x. The price-to-sales ratio is 9.95x, compared to 0.50x for the average Industrials stock.
At current multiples, Draganfly Inc. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Draganfly Inc. Profitability — ROE, Margins, and Quality Score
Draganfly Inc. (DPRO) earns a quality factor score of 35/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -1201.0%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -544.2% versus the sector average of 3.3%.
On a margin basis, Draganfly Inc. reports gross margins of 21.3%, compared to 35.8% for the sector. The operating margin is -224.7% (sector: 6.2%). Net profit margin stands at -211.5%, versus 3.9% for the average Industrials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
DPRO Debt, Balance Sheet, and Financial Health
Draganfly Inc. has a debt-to-equity ratio of 6.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $190,190. Cash and equivalents stand at $4M.
DPRO has a beta of 1.79, meaning it is more volatile than the broader market — a $10,000 investment in DPRO would be expected to move 78.7% more than the S&P 500 on any given day. The stability factor score for Draganfly Inc. is 13/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Draganfly Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Draganfly Inc. reported revenue of $5M and earnings per share (EPS) of $-3.06. Net income for the quarter was $-10M. Gross margin was 21.3%. Operating income came in at $-10M.
In FY 2024, Draganfly Inc. reported revenue of $5M and earnings per share (EPS) of $-3.06. Net income for the quarter was $-10M. Gross margin was 21.3%. Revenue grew -8.2% year-over-year compared to FY 2023. Operating income came in at $-10M.
In FY 2023, Draganfly Inc. reported revenue of $5M and earnings per share (EPS) of $-11.04. Net income for the quarter was $-18M. Gross margin was 31.5%. Revenue grew -11.7% year-over-year compared to FY 2022. Operating income came in at $-17M.
In FY 2022, Draganfly Inc. reported revenue of $6M and earnings per share (EPS) of $-0.82. Net income for the quarter was $-20M. Gross margin was 10.4%. Revenue grew 1.8% year-over-year compared to FY 2021. Operating income came in at $-20M.
Over the past 6 quarters, Draganfly Inc. has demonstrated a growth trajectory, with revenue expanding from $3M to $5M. Investors analyzing DPRO stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
DPRO Dividend Yield and Income Analysis
Draganfly Inc. (DPRO) does not currently pay a dividend. This is common among smaller companies in the Aircraft industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
DPRO Momentum and Technical Analysis Profile
Draganfly Inc. (DPRO) has a momentum factor score of 48/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 43/100 reflects moderate short selling activity.
DPRO vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, Draganfly Inc. (DPRO) ranks #623 out of 752 stocks based on the Blank Capital composite score. This places DPRO in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing DPRO against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DPRO vs S&P 500 (SPY) comparison to assess how Draganfly Inc. stacks up against the broader market across all factor dimensions.
DPRO Next Earnings Date
No upcoming earnings date has been announced for Draganfly Inc. (DPRO) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy DPRO? — Investment Thesis Summary
The quantitative profile for Draganfly Inc. suggests caution. The quality score of 35/100 flags below-average profitability. The value score of 31/100 indicates premium valuation. High volatility (stability score 13/100) increases portfolio risk.
In summary, Draganfly Inc. (DPRO) earns a Reduce rating with a composite score of 35.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DPRO stock.
Related Resources for DPRO Investors
Explore more research and tools: DPRO vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DPRO head-to-head with peers: DPRO vs SOBO, DPRO vs TEN, DPRO vs GLDD.