May. 12 at 6:30 PM
$DPRO
Follow up to my Q1 thoughts.
I added to my position on weakness.
The biggest thing from the call for me was management saying they are comfortable hitting current analyst consensus, which looks to be around
$18M in 2026 revenue.
More importantly, they said that confidence is based on orders and contracts already in hand, not home runs like Drone Dominance, Minerva, Ukraine, or other larger opportunities.
That matters imo.
Still not giving them a free pass. I want more clarity on margins and these recurring inventory write offs. Those need to improve if this is going to scale properly.
But with the cash on hand, the valuation, and the defense commentary, I’m comfortable building a position while the market still seems skeptical.
