Ventum Cap Mkts Has Weak Outlook for CVE:FLT FY2026 Earnings

Drone Delivery Canada Corp. (CVE:FLT) – Research analysts at Ventum Cap Mkts cut their FY2026 earnings per share estimates for Drone Delivery Canada in a research report issued to clients and investors on Monday, December 2nd. Ventum Cap Mkts analyst R. Goff now expects that the company will earn $0.01 per share for the year, down from their prior 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 Up 3.4 %

FLT stock opened at C$0.15 on Tuesday. Drone Delivery Canada has a twelve month low of C$0.10 and a twelve month high of C$0.40. The business 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. The firm has a market cap of C$67.35 million, a PE 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.