CVE:FLT FY2026 EPS Estimate Reduced by Ventum Cap Mkts

Drone Delivery Canada Corp. (CVE:FLT) – Stock analysts at Ventum Cap Mkts reduced their FY2026 EPS estimates for Drone Delivery Canada in a research note issued on Monday, December 2nd. Ventum Cap Mkts analyst R. Goff now forecasts that the company will earn $0.01 per share for the year, down from their prior forecast of $0.02. Ventum Cap Mkts 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 Price Performance

Shares of CVE:FLT opened at C$0.15 on Tuesday. The firm’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.18. The company has a debt-to-equity ratio of 6.90, a current ratio of 0.59 and a quick ratio of 9.02. Drone Delivery Canada has a 1 year low of C$0.10 and a 1 year high of C$0.40. The firm has a market capitalization of C$67.35 million, a PE ratio of -3.75 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.