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DPRO Stock Falls 65% in a Year: Here's Why it is Time to Buy the Dip
DPRODraganfly (DPRO) ZACKS·2025-01-13 16:06

Core Viewpoint - Draganfly (DPRO) has experienced a significant decline in stock value over the past year, but the company is positioned for future growth through advancements in its innovative product offerings, particularly the APEX Drone [1][2][7] Group 1: Stock Performance - DPRO has lost 64.7% in the past year, underperforming the Zacks Computer and Technology sector's appreciation of 30.4% and the Zacks Computers – IT Services industry's return of 9.6% [1] - DPRO shares have underperformed compared to industry peers such as ServiceNow (NOW) and TaskUs (TASK), which appreciated 40.5% and 20.4%, respectively [1] Group 2: Product Innovations - DPRO is enhancing its product portfolio with the APEX Drone, which features portability, dual payload capabilities, and edge computing powered by NVIDIA (NVDA) chips, positioning the company for growth in commercial and military markets [2] - The diverse drone lineup, including heavy-lift models and FPV drones, provides flexibility and appeal across various sectors, with significant traction in defense and industrial markets [3] - Key integrations like the Commander 3XL and HellHive swarming technology, along with drone-in-a-box solutions, are improving DPRO's market position [3] Group 3: Strategic Collaborations - Strategic partnerships, such as with VRR, are enhancing DPRO's capabilities in advanced payload delivery and real-time processing, driving demand in military and law enforcement applications [4] Group 4: Financial Outlook - The Zacks Consensus Estimate for DPRO's 2025 revenues is 9.43million,indicatingyearoveryeargrowthof93.249.43 million, indicating year-over-year growth of 93.24% [5] - The consensus estimate for DPRO's 2025 loss is 1.87 per share, reflecting an improvement of one cent over the past 30 days, indicating year-over-year growth of 47.47% [5] - DPRO has consistently beaten the Zacks Consensus Estimate in the trailing four quarters, with an average surprise of 31.93% [5] Group 5: Investment Recommendation - Despite recent stock declines, DPRO's innovative product portfolio, growing market share, and expanding partnerships suggest it is well-positioned for sustained growth, leading to a Zacks Rank 2 (Buy) recommendation for investors [7]