Safe Pro Group, Inc. (SPAI) AI Stock Analysis

• Market Cap: $97.74M
• Dividend Yield: N/A
• Average Volume (3M): 332.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.41
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 11
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -0.53
• Shares Outstanding: 20,973,270
• 10 Day Avg. Volume: 209,521
• 30 Day Avg. Volume: 332,576
• PEG Ratio: -0.69
• Price to Book (P/B): 14.37
• Price to Sales (P/S): 25.66
• P/FCF Ratio: -12.28
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $11.00
• Price Target Upside: 136.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.31
• Revenue Forecast (FY): $6.72M

• Rating: 39 Underperform
• Price Target: $4.50 ▼(-3.43% Downside)

The overall stock score is primarily impacted by the company's financial performance and technical analysis. Strong revenue growth is overshadowed by significant profitability and cash flow issues. The technical indicators suggest bearish momentum, and the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market penetration and product demand, supporting long-term business expansion and market position.

Partnerships and Market Reach

Strategic partnerships enhance market credibility and expand reach, providing a durable competitive advantage and potential for recurring revenue.

Balance Sheet Strength

A strong equity position indicates financial resilience, providing a solid foundation for future investments and growth opportunities.

Negative Factors

Profitability Challenges

Negative margins highlight operational inefficiencies, which could hinder long-term profitability and require strategic adjustments.

Cash Flow Issues

Negative cash flow limits financial flexibility and could constrain the company's ability to invest in growth initiatives or manage debt.

Negative Return on Equity

A negative return on equity suggests inefficient use of shareholder funds, potentially impacting investor confidence and long-term growth.

Safe Pro Group, Inc. Business Overview & Revenue Model

Company Description

Safe Pro Group Inc. manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis and reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder (DaaR) solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/ thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.

How the Company Makes Money

Safe Pro Group, Inc. generates revenue through multiple streams, primarily by selling its safety and protective equipment directly to businesses and government agencies. The company's revenue model includes the sale of PPE, safety training courses, and consulting services that help organizations comply with safety regulations. Additionally, SPAI engages in partnerships with large corporations and industry organizations, which often result in bulk purchasing agreements or long-term contracts. This not only provides a steady income but also enhances the company’s reputation as a trusted provider in the safety sector. Factors contributing to its earnings also include ongoing demand for safety compliance in various industries and the increasing focus on workplace safety regulations.

Safe Pro Group, Inc. Financial Statement Overview

Summary

The company exhibits strong revenue growth but faces significant profitability and cash flow challenges. The balance sheet is stable with a strong equity position, but operational inefficiencies need to be addressed to improve margins and cash flow.

Income Statement

The company has shown a significant increase in revenue from the previous year, with a revenue growth rate of 136.4%. However, profitability remains a concern as both EBIT and EBITDA margins are negative, indicating operational challenges. The net profit margin is also negative, reflecting ongoing losses.

Balance Sheet

The balance sheet shows a relatively strong equity position with an equity ratio of 78.3%, suggesting financial stability. However, the debt-to-equity ratio is low at 0.06, indicating limited leverage, which could be a double-edged sword in terms of growth potential. Return on equity is negative, highlighting profitability issues.

Cash Flow

The company has a negative free cash flow, which has deteriorated significantly from the previous year. The operating cash flow to net income ratio is negative, indicating cash flow challenges. However, the company has managed to secure financing, as evidenced by positive financing cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	1.27M	2.17M	917.72K	1.15M
Gross Profit	590.56K	906.15K	311.08K	518.54K
EBITDA	-11.94M	-6.78M	-6.07M	-397.44K
Net Income	-12.27M	-7.43M	-6.31M	-507.64K
Balance Sheet
Total Assets	9.70M	4.95M	3.43M	4.24M
Cash, Cash Equivalents and Short-Term Investments	7.60M	1.97M	703.37K	1.75M
Total Debt	653.89K	666.33K	649.43K	368.17K
Total Liabilities	1.26M	1.08M	1.65M	1.66M
Stockholders Equity	8.44M	3.87M	1.78M	2.58M
Cash Flow
Free Cash Flow	-4.92M	-4.53M	-2.03M	1.05M
Operating Cash Flow	-4.58M	-4.10M	-2.00M	1.08M
Investing Cash Flow	-443.57K	-436.39K	-30.17K	169.56K
Financing Cash Flow	10.29M	5.80M	985.15K	503.61K

Safe Pro Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.66
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPAI, the sentiment is Positive. The current price of 4.66 is above the 20-day moving average (MA) of 4.18, below the 50-day MA of 4.77, and above the 200-day MA of 4.39, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 53.88 is Neutral, neither overbought nor oversold. The STOCH value of 79.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPAI.

Safe Pro Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPXS	73 Outperform	$92.61M	17.88	23.88%	―	21.60%	35.00%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
VTSI	55 Neutral	$51.64M	-89.02	-1.26%	―	-23.87%	-109.71%
CVU	50 Neutral	$55.11M	-87.58	-2.26%	―	-13.52%	-103.42%
SIDU	46 Neutral	$322.47M	-3.60	-142.81%	―	-30.18%	80.43%
KITT	44 Neutral	$29.74M	>-0.01	―	―	95.38%	45.87%
SPAI	39 Underperform	$97.74M	-5.95	-193.70%	―	―	―

Safe Pro Group, Inc. Corporate Events

Safe Pro Group Authorizes $3 Million Share Repurchase Program

Safe Pro Group Inc. received board approval on December 17, 2025 for a stock buyback program authorizing the company to repurchase up to $3 million of its outstanding common shares. The program, effective immediately and running through December 17, 2026, allows flexibility in execution via open market, block trades, accelerated share repurchases, or private transactions, and can be amended or terminated at any time, signaling potential efforts to manage capital allocation and shareholder value without obligating the company to complete the full authorized amount.

The most recent analyst rating on (SPAI) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Safe Pro Group, Inc. stock, see the SPAI Stock Forecast page.

Safe Pro Group Updates CEO Compensation Terms

On December 11, 2025, Safe Pro Group Inc. modified the compensation terms under the Employment Agreement with its CEO, Daniyel Erdberg. The modification was due to Mr. Erdberg achieving specific market capitalization milestones. Originally, he was entitled to 600,000 shares of the company’s common stock. However, the agreement was changed to grant him options to purchase 1,000,000 shares at an exercise price of $4.15. These options vest immediately and have a ten-year term.

The most recent analyst rating on (SPAI) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Safe Pro Group, Inc. stock, see the SPAI Stock Forecast page.

Safe Pro Group Raises $14M Through Stock Sale

On October 17, 2025, Safe Pro Group Inc. entered into Securities Purchase Agreements with investors for the sale of 2,000,000 shares of common stock at $7.00 per share, closing on October 21, 2025. The transaction raised approximately $14.0 million in gross proceeds, intended for working capital and general corporate purposes, with restrictions on further equity sales for 90 days following the closing date.

The most recent analyst rating on (SPAI) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Safe Pro Group, Inc. stock, see the SPAI Stock Forecast page.