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An update from Draganfly ( (TSE:DPRO) ) is now available.
Draganfly Inc. has secured a significant international military order for its Commander 3XL drone systems, marking a milestone in its global defense operations. This order, placed through a defense contractor, highlights the growing demand for secure, adaptable unmanned systems and positions Draganfly as a key player in the military drone market, potentially leading to further deployments and expansion in the Asia Pacific region.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall stock score reflects significant financial challenges, with negative profitability and cash flow issues being major concerns. While technical indicators suggest bearish momentum, strategic partnerships and a strong cash position offer potential for future growth. The valuation suggests potential upside if financial performance improves.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a leading developer of drone solutions, software, and AI systems, serving various markets such as public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying. With over 25 years of experience, the company is recognized for its innovative technology and commitment to providing efficient solutions and first-class services globally.
Average Trading Volume: 82,902
Technical Sentiment Signal: Buy
Current Market Cap: C$231.4M
See more insights into DPRO stock on TipRanks’ Stock Analysis page.