Draganfly Inc. saw a price increase of 9.38% as it crossed above the 5-day SMA, indicating positive market activity despite broader market declines.
The company announced the appointment of Cameron Chell as Executive Chairman, replacing Scott Larson. Chell's extensive experience in drone solutions is expected to drive advancements in technology innovation and market expansion. This leadership change reflects the company's commitment to stability and growth in the drone industry, where Draganfly has established a strong presence across various sectors including public safety and agriculture.
The appointment of Chell is likely to enhance Draganfly's strategic direction and operational efficiency, positioning the company for further success in a rapidly evolving market.
Wall Street analysts forecast DPRO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DPRO is 14.67 USD with a low forecast of 11.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast DPRO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DPRO is 14.67 USD with a low forecast of 11.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 8.390
Low
11.00
Averages
14.67
High
19.00
Current: 8.390
Low
11.00
Averages
14.67
High
19.00
Ladenburg
Glenn Mattson
Buy
initiated
$19
2025-11-05
Reason
Ladenburg
Glenn Mattson
Price Target
$19
AI Analysis
2025-11-05
initiated
Buy
Reason
Ladenburg analyst Glenn Mattson initiated coverage of Draganfly with a Buy rating and $19 price target. The provider of UAV platforms for defense and commercial applications recently won a large Department of Defense contract to supply first person view drones to a brigade of the U.S. Army, notes the analyst, who thinks this win is "significant and possibly repeatable," highlighting that the company has a "robust pipeline beyond that win."
Needham
Austin Bohlig
Buy
initiated
$20
2025-10-30
Reason
Needham
Austin Bohlig
Price Target
$20
2025-10-30
initiated
Buy
Reason
Needham analyst Austin Bohlig initiated coverage of Draganfly with a Buy rating and $20 price target. The firm believes the unmanned aerial systems industry is entering a "multi-year supercycle." Draganfly is "uniquely positioned" to capture accelerating demand across North America as a pure-play drone company, the analyst tells investors in a research note. Needham sees the company's new drones benefiting from Canada's record defense investments, while simultaneously participating in the U.S. drone "supercycle" through potential high-volume defense programs.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for DPRO
Unlock Now
H.C. Wainwright
H.C. Wainwright
Buy
upgrade
$6 -> $9
2025-10-01
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$6 -> $9
2025-10-01
upgrade
Buy
Reason
H.C. Wainwright raised the firm's price target on Draganfly to $9 from $6 and keeps a Buy rating on the shares after the company was selected by the U.S. Army to provide Flex FPV drone systems.
H.C. Wainwright
Scott Buck
upgrade
$6
2025-07-17
Reason
H.C. Wainwright
Scott Buck
Price Target
$6
2025-07-17
upgrade
Reason
H.C. Wainwright analyst Scott Buck raised the firm's price target on Draganfly to $6 from $3.50 and keeps a Buy rating on the shares. The company announced that its Commander3 XL UAV has been selected by a major branch of the Department of Defense for advanced operation initiatives, the analyst tells investors in a research note. While the announcement will not be a direct driver of material revenue, it represents another step towards larger and more meaningful Department of Defense contracts, the analyst tells investors in a research note. The firm believes the business is approaching an inflection point.
About DPRO
Draganfly Inc. is a Canada-based company. The Company is a provider of drone solutions, Artificial intelligence (AI) driven software, and robotics. The Company provides solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. Its products include Apex, Commander 3XL, Heavy Lift Drone, Flex FPV, Commander 3XL Hybrid, Starling X.2, Payloads and Sensors, Draganflyer Commander2, Software, Precision Delivery System, Legacy Products and Projects, and Development Projects. Its services include custom engineering and drone services. Its engineering services include Hardware design, software design, development, modeling, ITAR equipment management, and support. Its drone services include aerial inspections, surveying and terrain mapping, emergency and disaster response, and landmine detection surveys. Its segments include Drones and Corporate. The Drones segment includes products and services related to the sale of unmanned aerial vehicles (UAV).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
