Draganfly: Near-Term Weakness Creates Entry Point Ahead of Expected 2026 Growth Acceleration

Austin Bohlig, an analyst from Needham, reiterated the Buy rating on Draganfly. The associated price target was lowered to $12.00.

Austin Bohlig has given his Buy rating due to a combination of factors, notably his view that the latest quarter, despite slightly weaker revenue from delayed orders into early 2026, continues to establish a solid base for faster growth. He emphasizes that Draganfly is entering the new year with a sizable and diversified pipeline across defense, public safety, and commercial customers in North America and abroad, which he believes positions the company for stronger performance ahead.

He also points to the anticipated ramp-up of these large-scale programs, along with possible targeted acquisitions, as key drivers of a significant revenue acceleration expected in 2026. Although he acknowledges that the short-term revenue shortfall may weigh on the share price and he has trimmed his price target to $12, he argues that the company’s long-term outlook is unchanged, making any near-term weakness an attractive entry point for investors.