Draganfly Inc. Common Shares (DPRO)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn predictable profits and trade below intrinsic value. Draganfly fails the first test. In fiscal Q2 2026, the latest quarter shown, revenue was $2.7 million, but net income was -$12.0 million, a -451.64% net margin. That is not a rounding error; trailing free cash flow is -$37.8 million, and FairStock calculates a -17.0% FCF yield. The company has no debt, with D/E of 0.00, but FairStock calculations show ROE of -37.77%, ROCE of -24.50%, a Piotroski F-Score of only 2/9, and an Altman Z-Score of 25.24. Those are not the marks of a durable competitive moat. The aerospace and defense drone market may grow; the supplied growth metrics, whose period is not specified, show revenue +25.95% and profit -152.68%, so growth is not converting into owner earnings. At the 2026-10-13 close of $4.19, market cap is $222.3 million, FairStock's P/B is 1.47, and P/E is -7.91. The FairStock Score is 35/100, and the Lynch category is none because only 0 years of filed results are available, needing 3. Beta is 3.77, so the shares are highly volatile. As Graham might say, the stock is not a bargain if the business is burning cash and has no demonstrated earnings power. I see speculation on future drone adoption, not a value investment with a margin of safety.

In plain English: Draganfly makes drones and remote data systems for aerospace and defense. The business looks weak: in fiscal Q2 2026, sales were $2.7 million while it lost $12.0 million, and it burns cash. At $4.19, the price looks speculative compared with those weak results.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer