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ZenaTech, Inc. ( (ZENA) ) has shared an update.
ZenaTech, Inc. recently announced the acquisition of Casado Design Ltd., marking its entry into the UK market and expanding its Drone as a Service (DaaS) offering into the telecom infrastructure sector. This strategic move positions ZenaTech to capitalize on the growing demand for drone-enabled services in the telecom industry, particularly as 5G infrastructure modernization accelerates in the UK and Europe. The acquisition is part of ZenaTech’s broader strategy to build a global DaaS network, enhancing its industry positioning and providing scalable, data-rich inspection and design workflows for telecom operators.
The most recent analyst rating on (ZENA) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on ZenaTech, Inc. stock, see the ZENA Stock Forecast page.
Spark’s Take on ZENA Stock
According to Spark, TipRanks’ AI Analyst, ZENA is a Neutral.
ZenaTech, Inc. shows strong revenue growth but struggles with profitability and cash flow management, which are significant concerns. The technical indicators suggest a bearish trend, and the valuation is unattractive due to negative earnings and lack of dividends. These factors collectively result in a below-average stock score.
To see Spark’s full report on ZENA stock, click here.
More about ZenaTech, Inc.
ZenaTech, Inc. is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for mission-critical business applications. The company leverages its software development expertise to innovate in customer inspection, monitoring, safety, security, compliance, and surveying processes. ZenaTech operates globally with offices in North America, Europe, Taiwan, and UAE, and is expanding its DaaS business through acquisitions.
Average Trading Volume: 1,289,197
Technical Sentiment Signal: Strong Sell
Current Market Cap: $101.8M
For a thorough assessment of ZENA stock, go to TipRanks’ Stock Analysis page.