Q3 EPS Estimate for ZenaTech Raised by Analyst

ZenaTech, Inc. (NASDAQ:ZENA) – Investment analysts at Litchfield Hills Research raised their Q3 2026 earnings estimates for ZenaTech in a research note issued to investors on Tuesday, September 29th. Litchfield Hills Research analyst B. Sine now expects that the company will post earnings per share of ($0.18) for the quarter, up from their prior estimate of ($0.20). Litchfield Hills Research has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for ZenaTech’s current full-year earnings is ($0.92) per share. Litchfield Hills Research also issued estimates for ZenaTech’s Q4 2026 earnings at ($0.17) EPS, FY2026 earnings at ($0.83) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.12) EPS, Q4 2027 earnings at ($0.12) EPS and FY2027 earnings at ($0.50) EPS.

Several other equities research analysts have also recently weighed in on ZENA. Weiss Ratings cut shares of ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 13th. Maxim Group reduced their price target on shares of ZenaTech from $7.00 to $5.00 and set a “buy” rating on the stock in a research report on Monday, June 8th. Finally, Zacks Research upgraded shares of ZenaTech to a “hold” rating in a research report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.50.

ZenaTech Price Performance

NASDAQ ZENA opened at $1.35 on Friday. ZenaTech has a fifty-two week low of $1.15 and a fifty-two week high of $7.11. The firm has a market cap of $30.38 million, a P/E ratio of -0.91 and a beta of 7.34. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.72 and a quick ratio of 1.59. The stock’s 50-day moving average is $1.61 and its two-hundred day moving average is $1.72.

ZenaTech (NASDAQ:ZENA) last announced its earnings results on Monday, September 28th. The company reported ($0.20) EPS for the quarter, hitting the consensus estimate of ($0.20). The company had revenue of $6.57 million during the quarter, compared to analysts’ expectations of $6.56 million. ZenaTech had a negative net margin of 306.35% and a negative return on equity of 3,081.41%.

Hedge Funds Weigh In On ZenaTech

Several institutional investors and hedge funds have recently bought and sold shares of ZENA. Squarepoint Ops LLC raised its position in shares of ZenaTech by 135.2% during the 2nd quarter. Squarepoint Ops LLC now owns 36,257 shares of the company’s stock valued at $54,000 after buying an additional 20,842 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in ZenaTech in the 2nd quarter worth $69,000. Bank of America Corp DE grew its holdings in ZenaTech by 8,436.6% during the 1st quarter. Bank of America Corp DE now owns 14,000 shares of the company’s stock valued at $32,000 after buying an additional 13,836 shares in the last quarter. Cetera Investment Advisers purchased a new position in ZenaTech during the first quarter worth $36,000. Finally, SEB Asset Management AB purchased a new position in shares of ZenaTech during the first quarter worth approximately $345,000.

Key ZenaTech News

Here are the key news stories impacting ZenaTech this week:

• Positive Sentiment: Rapid revenue growth supports the bullish case. ZenaTech said second-quarter revenue increased 316% year over year to approximately C$9.3 million, marking its seventh consecutive quarter of sequential growth. Drone as a Service generated C$8.6 million, or nearly 93% of quarterly revenue, as the company expanded its operating platform and defense-focused technology portfolio. ZenaTech shareholder letter
• Positive Sentiment: Litchfield Hills Research materially improved its earnings outlook. The firm raised its FY2026 EPS estimate to a loss of $0.83 from $0.92 and its FY2027 estimate to a loss of $0.50 from $0.66. Quarterly estimates through 2027 were also raised, while the firm maintained a Buy rating and a $4.00 price target—well above the stock’s recent trading level.
• Positive Sentiment: Technology and portfolio updates add potential catalysts. ZenaDrone introduced a quantum-powered backup capability intended to help drones operate when GPS signals fail. ZenaTech also sold its entire Plurilock Security stake at a profit, potentially providing cash and demonstrating value from a non-core investment. Plurilock stake sale
• Neutral Sentiment: Boardroom activism introduces uncertainty. ZenaTech is seeking a shareholder meeting to replace Boardwalktech Software’s directors, arguing that the company needs stronger sales growth, profitability and leadership. The move could create strategic value, but it may also distract management and increase near-term execution risk. Boardwalktech shareholder meeting
• Negative Sentiment: Losses remain substantial. ZenaTech recently reported a quarterly loss of $0.20 per share, and analysts still expect negative earnings for 2026 and 2027. Its very high beta, negative margins and debt-to-equity ratio of 2.01 make the stock particularly volatile.

About ZenaTech

ZenaTech, Inc (NASDAQ:ZENA) is a technology company focused on artificial intelligence, enterprise software, and drone-based solutions. Its business combines software development with autonomous drone technology intended to help organizations improve operational efficiency, data collection, monitoring, and decision-making.

The company’s principal product is ZenaDrone, an autonomous drone platform designed for applications such as agriculture, surveying, inspections, inventory management, logistics, public safety, and defense.