DPRO
DRAGANFLY INC.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NeutralDraganfly secured a landmark Canadian Armed Forces ISR drone contract and $10M strategic capital raise while delivering record Q2 2026 revenue growth of 26%, signaling strong execution in its defense pivot. However, SG&A expenses surged 105% sequentially, the stock declined 31% over six months and fell 10.55% post-capital raise, and analyst price targets have been cut citing valuation compression in the defense peer group.
Red flags
- •SG&A expenses increased 104.9% sequentially (Q1 to Q2 2026), indicating cost control challenges despite revenue growth
- •Stock declined 31% over past six months and fell 10.55% following the $10M capital raise announcement
- •Analyst price target cuts cited valuation compression, suggesting downward valuation pressure despite 'Strong Buy' average rating
- •Capital raise dilution: 1.87M shares issued at $5.35, current price $4.72 indicates immediate shareholder value destruction
Fund 13D/13G Filings (3)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).
| Fund | Form | ∆ Shares | % of Class | Since Filing | Filed | Src |
|---|---|---|---|---|---|---|
| Citadel Advisors | SC 13G/A | −1.6M | 1.0% | +0.1% vs SPY +0.2% abs | 2026-08-14 | ↗ |
| Citadel Advisors | SC 13G/A | — | 5.3% | -19.0% vs SPY -13.5% abs | 2026-05-15 | ↗ |
| Citadel Advisors | SC 13G | NEW | 8.6% | — | 2026-03-06 | ↗ |