DPRO
Draganfly Inc.

Draganfly Inc.DPRO

Industrials · Aerospace & Defense
3.19USD
+13.52%
Nov 08, 2026
DPRO overview ready
Supplier of Tactical ISR and Counter-Drone Unmanned Systems
Draganfly designs and manufactures multi-rotor and fixed-wing drones, heavy-lift and tethered aerial platforms, sensors/controllers, ground robotics, and related flight, data-collection, and engineering services.
Primary theme is lagging
Defense / Drones is lagging (+0.2pp vs SPY over 21 sessions; 13 of 25 members ahead of SPY).
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Primary risk
Dependence on defense and public safety procurement cycles.
Market Nov 6Price action Nov 7Research Sep 29

Conviction Level

PriceAction1.4BusinessPerformance—BusinessQuality—Valuation3.3ThemeMomentum1.0Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+0.2pp
Theme return
−4.8%
Beating SPY
13 of 25
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$124.9M
Avg Volume (60D)
1.0M
60 sessions
Revenue Growth YoY
+27.3%
Trailing twelve months
Gross Margin
+10.3%
Trailing twelve months
Operating Margin
-398.9%
Trailing twelve months
Distance from 200DMA
-42.1%
Next Earnings
2026-11-10
EV / Sales
4.8x
Market metrics as of Nov 7, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
Draganfly Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

What changed

  • DPRO rose 13.7% in one session
    DPRO closed +13.7% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Draganfly designs and manufactures multi-rotor and fixed-wing drones, heavy-lift and tethered aerial platforms, sensors/controllers, ground robotics, and related flight, data-collection, and engineering services.
Opportunity
High opportunity
Defense and security procurement of tactical unmanned aircraft, ISR platforms, autonomous systems, and layered counter-UAS capabilities as low-cost drones reshape battlefield and critical-site protection requirements.
Key risk
Dependence on defense and public safety procurement cycles.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Aerospace & Defense
What they do

Draganfly Inc. develops, manufactures, and sells unmanned aerial and ground data collection platforms and related software and services internationally, focusing on drones and robotics for defense, public safety, and industrial applications.

How it earns

Primarily transactional sales of hardware and project-based engineering and training services.

Products & services
Multirotor drones (Commander 3 XL, Heavy Lift, Commander 2, Apex, Flex FPV)
Fixed-wing aircraft
Ground-based robots
Handheld controllers
Flight training
Tracking and data collection software
Custom engineering and GIS data services
Customers & end markets
Defense and security agencies
Public safety organizations
Industrial and commercial operators
Market position

Niche player specializing in multi-rotor and fixed-wing drones with integrated ISR and counter-UAS capabilities.

Demand drivers
Medium cyclicality

Demand influenced by defense budgets and public safety spending cycles.

Peers

Companies validated as economically comparable to DPRO — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Red Cat Holdings, Inc.Damaged Structure — Distribution PressureFair9.5HighUnavailableNot in RS poolLocked$4.04+18.65%
AIRO Group Holdings, Inc.New Trend — Distribution PressureFair8.0HighUnavailableNot in RS poolLocked$5.21+9.00%