Ventum Cap Mkts Estimates CVE:FLT FY2026 Earnings

Drone Delivery Canada Corp. (CVE:FLT) – Investment analysts at Ventum Cap Mkts issued their FY2026 earnings estimates for Drone Delivery Canada in a research note issued to investors on Tuesday, December 2nd. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings per share of ($0.01) for the year. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada’s FY2027 earnings at ($0.01) EPS and FY2028 earnings at $0.00 EPS.

A number of other brokerages have also issued reports on FLT. Stifel Nicolaus set a C$0.85 target price on Drone Delivery Canada and gave the stock a “buy” rating in a research report on Thursday, November 27th. Stifel Canada raised shares of Drone Delivery Canada to a “strong-buy” rating in a research note on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$16.43.

Drone Delivery Canada Price Performance

Shares of CVE:FLT opened at C$0.60 on Wednesday. The company has a market capitalization of C$399.71 million, a PE ratio of -20.00 and a beta of 2.42. The company has a debt-to-equity ratio of 67.19, a quick ratio of 9.02 and a current ratio of 0.46. The stock has a fifty day moving average of C$0.65 and a 200-day moving average of C$0.51. Drone Delivery Canada has a one year low of C$0.13 and a one year high of C$0.97.

About Drone Delivery Canada

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.