ZENA Should I Buy
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ZenaTech Inc (ZENA) is not a strong buy at the moment for a beginner investor with a long-term focus. While the company has shown impressive revenue growth and has positive news catalysts, the technical indicators are bearish, and there is no strong trading signal or significant institutional buying activity to support an immediate entry. The stock may be worth monitoring for future developments, but it is not an optimal buy right now.
The technical indicators suggest a bearish trend. The MACD is below 0 and negatively contracting, the RSI is neutral at 35.259, and the moving averages (SMA_200 > SMA_20 > SMA_5) indicate a downward trend. The stock is trading below its pivot level of 3.027, with key support at 2.71 and resistance at 3.345.
ZenaTech has integrated drone workflows into land surveying, significantly reducing survey turnaround time. The company is expanding its builder services after acquiring Cardinal Civil Resources, targeting a trillion-dollar market. Additionally, ZenaTech is showcasing its services at the 2026 International Builders' Show, reinforcing its leadership in the construction industry.
The stock's technical indicators are bearish, and there is no significant insider or hedge fund activity. The stock has a low chance of significant short-term price increases based on historical candlestick patterns. Furthermore, the company is still operating at a net loss despite revenue growth.
In Q3 2025, ZenaTech reported a revenue increase of 1225.31% YoY to $4,345,408. Net income improved by 1683.55% YoY but remains negative at -$12,271,924. EPS increased by 750% YoY to -0.34, and gross margin remained at 100%. While the financials show significant improvement, the company is not yet profitable.
Citi maintains a Buy rating with a $46 price target, citing optimism around obexlimab's Phase 3 INDIGO readout in early January. This suggests potential upside in the future, but it is tied to specific clinical trial outcomes.
