--- title: "Weekly Recap | Draganfly -8.33%, consensus target 94.15% above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298801077.md" description: "Draganfly (DPRO) fell 8.33% this week to $5.61. The S&P 500 slipped 0.8%, so the stock underperformed the benchmark by about 7.53 percentage points. The week was choppy: Tuesday (8 Sep) opened at $6.07, hit $6.211 intraday and closed at $6.02; Wednesday and Thursday gave back ground, with Thursday (10 Sep) bottoming at $5.455; Friday (11 Sep) rebounded from a soft open to finish at $5.61. The weekly range came to 12.45%. Average daily volume for the week was 1.26m shares, roughly 62." datetime: "2026-09-12T08:06:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298801077.md) - [en](https://longbridge.com/en/news/298801077.md) - [zh-HK](https://longbridge.com/zh-HK/news/298801077.md) generator: "portal-rs" --- # Weekly Recap | Draganfly -8.33%, consensus target 94.15% above spot ## The Week Draganfly (DPRO) fell 8.33% this week to $5.61. The S&P 500 slipped 0.8%, so the stock underperformed the benchmark by about 7.53 percentage points. The week was choppy: Tuesday (8 Sep) opened at $6.07, hit $6.211 intraday and closed at $6.02; Wednesday and Thursday gave back ground, with Thursday (10 Sep) bottoming at $5.455; Friday (11 Sep) rebounded from a soft open to finish at $5.61. The weekly range came to 12.45%. Average daily volume for the week was 1.26m shares, roughly 62.46% above the 60-day median of about 0.78m. ## Key Events The week’s story centred on the company’s Canadian defence push. On Wednesday (9 Sep), Draganfly named retired Colonel Kevin Leblond VP, Canadian Defence and Security, putting him in charge of the country’s defence drone strategy. The same day, Northland Securities reiterated its buy rating on DPRO. Thursday (10 Sep) brought follow-through as the company detailed the appointment of a retired RCAF colonel to lead its defence drone push. On Friday (11 Sep), Draganfly announced it had been selected by the Government of Canada to supply low-cost tactical ISR UAS to the Canadian Armed Forces. Earlier in the week, DPRO also featured in several market-wide pieces on diverging specialty equities, where defence and aerospace expansion was contrasted with consumer and biotech restructuring. ## Analyst Ratings As of 9 Sep, six brokers cover Draganfly: four rate it buy and two rate it outperform, with no hold, underweight or sell ratings. The consensus rating is strong buy, with a consensus target of $10.89, about 94.15% above the last close. Target prices range from $8.003 to $14.034, a wide spread that points to split views on the company’s valuation path. Within aerospace and defence, DPRO ranks 51st out of 84 names by broker rating, in the lower middle of the group. ## The Week Ahead Macro data dominates the early part of next week. Tuesday (15 Sep) brings the New York Empire State manufacturing index, with a prior of 20.6 and a forecast of 14.75. Wednesday (16 Sep) is heavy: retail sales, retail sales ex-autos, retail control, import prices, the NAHB housing market index and EIA crude inventories all land that day. For DPRO, the main company-specific thread is what follows the Canadian government selection and how quickly the tactical ISR programme moves forward. ## In Short This week leaves DPRO with competing signals. Brokers stand at strong buy, and the consensus target sits 94.15% above spot, yet the stock ranks only 51st of 84 in its industry and target prices span more than $6, suggesting the market is far from aligned on value. The tape was negative on the week with volume running well above trend, and the latest session’s flows show large and medium orders accounting for 30.66% and 32.47% of sell-side activity versus 15.93% and 21.33% on the buy side. The question now is whether the Canadian defence award turns into revenue, and whether next week’s macro calendar shifts risk appetite away from small-cap growth names. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [DPRO.US](https://longbridge.com/en/quote/DPRO.US.md) ## Related News & Research - [Draganfly wins five-year Canadian government contract to supply tactical drones to armed forces](https://longbridge.com/en/news/299180087.md) - [Draganfly Names Retired RCAF Colonel to Lead Canadian Defence Drone Strategy](https://longbridge.com/en/news/298509942.md) - [Draganfly names retired Colonel Kevin Leblond VP, Canadian Defence and Security](https://longbridge.com/en/news/298458687.md) - [Calian and SkyFall sign strategic agreement to advance drone-enabled defence training and operational readiness](https://longbridge.com/en/news/299173420.md) - [BOS wins $1.2 million supply chain order from European defense customer](https://longbridge.com/en/news/299191739.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**