TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Drone Delivery Canada ( (TSE:FLT) ) is now available.
Volatus Aerospace has appointed Lieutenant-General (Ret’d) Christopher J. Coates to its Board of Advisors, enhancing its defense expertise as it aims to support the Canadian Armed Forces, NORAD modernization, and allied defense partners with Canadian-made uncrewed aerial systems. Coates, a respected leader in defense and security, brings extensive experience from his military career and will provide strategic guidance on defense procurement and emerging capability requirements, strengthening Volatus’ long-term strategic direction in defense and sovereign capability.
The most recent analyst rating on (TSE:FLT) stock is a Buy with a C$0.85 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Spark’s Take on TSE:FLT Stock
According to Spark, TipRanks’ AI Analyst, TSE:FLT is a Neutral.
The overall stock score is primarily influenced by financial performance challenges, including negative profitability and cash flow conversion issues. Technical analysis provides a slightly positive outlook with short-term momentum, but valuation concerns due to negative earnings weigh heavily on the score.
To see Spark’s full report on TSE:FLT stock, click here.
More about Drone Delivery Canada
Volatus Aerospace is a global provider of integrated aerial solutions for commercial and defense applications, utilizing both piloted and remotely piloted aircraft systems. The company serves various industries, including oil and gas, utilities, healthcare, and public safety, with a mission to improve operational efficiency, safety, and resilience through scalable aerial technologies.
Average Trading Volume: 1,738,614
Technical Sentiment Signal: Buy
Current Market Cap: C$373.3M
For an in-depth examination of FLT stock, go to TipRanks’ Overview page.