
Safe Pro Group Inc. (NASDAQ:SPAI – Free Report) – Stock analysts at Northland Securities dropped their Q1 2026 earnings per share estimates for Safe Pro Group in a research report issued to clients and investors on Thursday, April 2nd. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of ($0.15) for the quarter, down from their prior forecast of ($0.09). Northland Securities also issued estimates for Safe Pro Group’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.44) EPS and FY2027 earnings at ($0.19) EPS.
Several other research firms have also recently weighed in on SPAI. Weiss Ratings reiterated a “sell (d-)” rating on shares of Safe Pro Group in a report on Thursday, January 22nd. Zacks Research cut Safe Pro Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.00.
Safe Pro Group Trading Down 6.8%
Shares of Safe Pro Group stock traded down $0.28 during trading on Tuesday, hitting $3.82. 119,845 shares of the company were exchanged, compared to its average volume of 349,175. The firm has a market capitalization of $79.80 million, a P/E ratio of -4.55 and a beta of 3.91. Safe Pro Group has a 1-year low of $1.96 and a 1-year high of $9.16. The firm’s fifty day moving average price is $4.53 and its 200 day moving average price is $5.23. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.60 and a quick ratio of 7.16.
Safe Pro Group (NASDAQ:SPAI – Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.05). The firm had revenue of $0.23 million during the quarter, compared to analyst estimates of $0.10 million. Safe Pro Group had a negative return on equity of 280.18% and a negative net margin of 968.74%.
Safe Pro Group announced that its Board of Directors has initiated a share repurchase program on Thursday, December 18th that authorizes the company to buyback $3.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.
Hedge Funds Weigh In On Safe Pro Group
A number of large investors have recently bought and sold shares of SPAI. Cresset Asset Management LLC boosted its position in Safe Pro Group by 4.6% during the 2nd quarter. Cresset Asset Management LLC now owns 144,929 shares of the company’s stock worth $399,000 after acquiring an additional 6,346 shares during the last quarter. Forefront Wealth Partners LLC bought a new stake in shares of Safe Pro Group during the 3rd quarter worth approximately $214,000. Forefront Wealth Management Inc. bought a new stake in shares of Safe Pro Group during the 3rd quarter worth approximately $214,000. Prospera Financial Services Inc bought a new stake in shares of Safe Pro Group during the 3rd quarter worth approximately $82,000. Finally, Citadel Advisors LLC bought a new stake in shares of Safe Pro Group during the 3rd quarter worth approximately $3,940,000.
About Safe Pro Group
Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions. The firm operates through the following segments: Safe-PRO USA, Airborne Response, and Safe Pro AI. The company was founded by Daniyel Erdberg on December 15, 2021 and is headquartered in Aventura, FL.
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