Needham & Company LLC Cuts Draganfly (NASDAQ:DPRO) Price Target to $12.00

Draganfly (NASDAQ:DPRO) had its price objective trimmed by Needham & Company LLC from $14.00 to $12.00 in a research note released on Wednesday morning, Marketbeat reports. The brokerage currently has a buy rating on the stock.

DPRO has been the subject of several other reports. Wall Street Zen lowered shares of Draganfly from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. Northland Securities set a $20.00 price objective on shares of Draganfly in a research note on Thursday, January 15th. Finally, LADENBURG THALM/SH SH raised shares of Draganfly to a “strong-buy” rating in a report on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Strong Buy” and a consensus target price of $16.25.

Draganfly Price Performance

Shares of DPRO opened at $4.59 on Wednesday. The stock has a market capitalization of $157.79 million, a PE ratio of -3.53 and a beta of 2.66. The business’s fifty day moving average price is $7.20 and its 200 day moving average price is $7.74. Draganfly has a 12-month low of $1.63 and a 12-month high of $14.40.

Draganfly (NASDAQ:DPRO) last released its earnings results on Tuesday, March 24th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). The business had revenue of $1.37 million for the quarter, compared to the consensus estimate of $2.78 million. Draganfly had a negative net margin of 294.03% and a negative return on equity of 45.65%. As a group, research analysts anticipate that Draganfly will post -3.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Draganfly

Several hedge funds and other institutional investors have recently modified their holdings of the company. DNB Asset Management AS bought a new position in shares of Draganfly during the second quarter worth about $340,000. XTX Topco Ltd acquired a new stake in shares of Draganfly in the 2nd quarter worth about $65,000. Jane Street Group LLC bought a new stake in Draganfly in the 2nd quarter valued at about $35,000. CWM LLC acquired a new position in Draganfly during the 3rd quarter valued at about $61,000. Finally, Kieckhefer Group LLC boosted its stake in Draganfly by 57.3% during the 3rd quarter. Kieckhefer Group LLC now owns 315,657 shares of the company’s stock valued at $2,569,000 after purchasing an additional 115,000 shares during the period. Institutional investors and hedge funds own 10.39% of the company’s stock.

More Draganfly News

Here are the key news stories impacting Draganfly this week:

• Positive Sentiment: Corporate update highlights defense wins, industry tailwinds and a well‑capitalized balance sheet — management emphasizes operational progress and cash runway, which supports execution on defense contracts and capacity plans. Draganfly Provides Corporate Update Highlighting Strong Defense Momentum, Industry Tailwinds, and Robust Balance Sheet
• Positive Sentiment: Analyst model tweaks from Northland Securities are modestly constructive — multiple estimate raises and a “Strong‑Buy” stance suggest some sell‑side confidence in improving margins and later‑stage revenue scaling. (Research notes summarized across reports.)
• Neutral Sentiment: Q4 / FY2025 earnings call highlighted record annual revenue and a larger cash balance after financings, but also flagged lower adjusted margins and the need to convert pipeline into recurring sales — mixed operational readthroughs for near‑term profitability. Draganfly Q4 Earnings Call Highlights
• Neutral Sentiment: Comparison pieces (e.g., vs. Jack Henry) reiterate Draganfly is an early‑stage tech/defense play with different risk/valuation profiles versus established software firms — useful context but not a direct catalyst. Draganfly (NASDAQ:DPRO) versus Jack Henry & Associates (NASDAQ:JKHY) Head-To-Head Comparison
• Negative Sentiment: Critical analysis warns this is a make‑or‑break moment: Q4 revenue missed expectations, production capacity hasn’t yet driven topline growth, and concerns about execution and insider alignment may reduce investor patience. That narrative is weighing on sentiment. Draganfly’s Make-Or-Break Moment: Revenues Must Ramp Up Now
• Negative Sentiment: Needham trimmed its price target to $12.00, a signal some brokerages are taking a more cautious near‑term view on valuation and execution risk. Needham & Company LLC Lowers Draganfly (NASDAQ:DPRO) Price Target to $12.00

Draganfly Company Profile

Draganfly Inc (NASDAQ: DPRO) is a Canada-based developer and manufacturer of unmanned aerial systems (UAS) and related software solutions for commercial, government and academic applications. Headquartered in Saskatoon, Saskatchewan, the company specializes in designing lightweight, modular drones that integrate advanced sensor payloads—including high-resolution imaging, multispectral and thermal cameras—to gather aerial data across a range of industries.

The company’s core offerings include turnkey UAS platforms, data-capture payloads and proprietary analytics software that enable clients to perform precision agriculture monitoring, land surveying, infrastructure inspection and environmental assessment.