Should I Buy DPRO? DPRO 2026 Analysis

Should You Buy Draganfly Inc (DPRO) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

8.050

1 Day change

-4.05%

52 Week Range

14.400

Analysis Updated At

2026/01/28

Not a good buy right now for a beginner long-term investor with $50k–$100k. DPRO is still loss-making, highly volatile, and the near-term technical picture is weakening despite longer-term moving averages looking bullish. With no Intellectia buy signals today and price sitting below a key pivot level, I would not initiate a new position at current levels.

Technical Analysis

Price/Trend: Post-market ~8.40 (regular session -1.53%), trading below the pivot (9.206) and closer to support (S1=8.156). This suggests the stock is currently in a weaker zone unless it reclaims ~9.21. Momentum: MACD histogram is negative (-0.143) and expanding lower, indicating bearish momentum is building. RSI: RSI(6)=39.3, leaning weak (not oversold), so there’s room for continued downside before a strong mean-reversion signal typically appears. Moving Averages: SMA_5 > SMA_20 > SMA_200 is bullish structurally, but the negative MACD + sub-pivot price action implies the recent pullback is still in control. Levels to watch: Support 8.16 then 7.51. Resistance 10.26 then 10.91. For a cleaner long-term entry, reclaiming and holding above ~9.21 would improve the setup.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options sentiment: Very call-heavy positioning (OI put/call 0.16; volume put/call 0.28) implies bullish sentiment/speculation. Volatility: Extremely high IV (30D IV ~131% vs HV ~144%). IV percentile ~27.8 and IV rank ~8.5 indicate IV is elevated in absolute terms but not unusually high versus the past year—options are expensive, but not at peak fear. Activity: Today’s option volume (2053) is well below the 5D/10D averages (3604/4823), so the bullish ratios reflect positioning more than a major new surge of fresh risk-taking today.

Technical Summary

Sell

Buy

Positive Catalysts

Analyst support and narrative tailwinds: Two recent initiations with Buy ratings and very high targets ($19–$20) tied to a defense/industrial “supercycle” thesis for drones.
Defense contract momentum: Commentary highlights a meaningful DoD win (first-person-view drones) viewed as potentially repeatable with additional pipeline behind it.
Upcoming event: Next earnings scheduled 2026-02-11 (After Hours), which can serve as a catalyst if revenue acceleration or margin improvement shows up.
Options positioning is notably bullish (call-skewed open interest and volume ratios).

Neutral/Negative Catalysts

Profitability remains weak: The company is still posting significant net losses (latest quarter net income -$5.17M; EPS -$0.25).
Margin pressure: Gross margin fell to 15.43% (down YoY), which is a key long-term concern for scaling profitably.
Technical momentum is deteriorating: Negative and worsening MACD while price is below the pivot level increases the odds of retesting lower supports (8.16 / 7.51).
No supportive near-term news flow: No major news in the last week to reverse the current weakness.
High volatility profile (HV ~144%) is not ideal for a beginner long-term allocation intended to be held steadily.

Financial Performance

Latest quarter: 2025/Q3. Growth: Revenue rose to $2.16M (+14.36% YoY), showing some top-line growth. Earnings: Net income was -$5.17M (still a loss) and EPS was -$0.25; both improved YoY per the snapshot, but the business remains meaningfully unprofitable. Quality of growth: Gross margin declined to 15.43% (down YoY), suggesting scaling and pricing/cost control remain challenges.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Two initiations in late Oct and early Nov 2025, both Buy, with aggressive price targets ($20 from Needham; $19 from Ladenburg). Wall Street pros view: Belief in a multi-year drone demand cycle (defense + commercial), plus optimism that recent DoD-related traction is significant and repeatable. Wall Street cons view (implied by fundamentals/risks): The company is still loss-making with pressured gross margins and a small-cap/high-volatility profile, making execution risk high even if the industry backdrop is strong. Politicians / influential trading: No recent congress trading data available; hedge funds and insiders show neutral recent activity.

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 USD and a high forecast of 19 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

Averages

14.67

High

Current: 8.390

Low

Averages

14.67

High

Ladenburg

Glenn Mattson

Buy

initiated

$19

AI Analysis

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.

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DPRO Should I Buy

DPRO Should I Buy

Should You Buy Draganfly Inc (DPRO) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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