Draganfly’s Outrider™ Drone Demonstrates Success at Border Security Summit

The latest update is out from Draganfly ( (TSE:DPRO) ).

Draganfly Inc. successfully demonstrated its Outrider™ Border Drone in live missions at the Cochise County Drone Summit, showcasing its capabilities in surveillance and border security operations. The event attracted significant interest from multiple agencies, reinforcing Draganfly’s position as a leading domestic supplier of UAS technology and highlighting its strategic advantage in the growing U.S. homeland-security drone market.

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 an award-winning developer of drone systems and integrated unmanned aerial solutions, recognized for over 25 years as a leader in technology. The company serves various markets including public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying, with a focus on providing efficient solutions and first-class services globally.

Average Trading Volume: 83,439

Technical Sentiment Signal: Buy

Current Market Cap: C$223.5M

For a thorough assessment of DPRO stock, go to TipRanks’ Stock Analysis page.