FY2026 EPS Estimates for CVE:FLT Lowered by Ventum Cap Mkts

Drone Delivery Canada Corp. (CVE:FLT) – Investment analysts at Ventum Cap Mkts decreased their FY2026 earnings estimates for shares of Drone Delivery Canada in a research note issued to investors on Monday, December 2nd. Ventum Cap Mkts analyst R. Goff now anticipates that the company will post earnings per share of $0.01 for the year, down from their previous forecast of $0.02. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada’s FY2027 earnings at $0.01 EPS.

Drone Delivery Canada Stock Performance

Shares of FLT stock opened at C$0.15 on Tuesday. The company has a 50 day moving average of C$0.16 and a 200-day moving average of C$0.18. The company has a quick ratio of 9.02, a current ratio of 0.59 and a debt-to-equity ratio of 6.90. Drone Delivery Canada has a 12-month low of C$0.10 and a 12-month high of C$0.40. The firm has a market cap of C$67.35 million, a P/E ratio of -3.75 and a beta of 0.94.

Drone Delivery Canada Company Profile

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.