Analysts Set Expectations for CVE:FLT FY2026 Earnings

Drone Delivery Canada Corp. (CVE:FLT) – Ventum Cap Mkts issued their FY2026 EPS estimates for Drone Delivery Canada in a report issued on Thursday, May 15th. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings of $0.01 per share for the year. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share.

Separately, Ventum Financial decreased their target price on shares of Drone Delivery Canada from C$38.00 to C$32.00 and set a “buy” rating on the stock in a research note on Wednesday, March 26th.

Drone Delivery Canada Stock Up 3.7%

Shares of CVE FLT opened at C$0.14 on Monday. The company has a quick ratio of 9.02, a current ratio of 0.46 and a debt-to-equity ratio of 67.19. Drone Delivery Canada has a 52 week low of C$0.10 and a 52 week high of C$0.38. The firm’s fifty day moving average is C$0.16 and its 200 day moving average is C$0.16. The company has a market cap of C$64.19 million, a price-to-earnings ratio of -2.84 and a beta of 0.94.

About Drone Delivery Canada

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.